127 Inlet Rd W Hampton Bays, NY 11946
Estimated payment $22,460/month
About This Home
Discover a rare investment compound just 100 yards from Peconic Bay beach access at the gateway to Southampton. Situated on a beautifully landscaped 0.80-acre parcel in the Hamlet of Shinnecock Hills, this unique property features five free-standing, year-round residences: a 4-bedroom, 3-bath main house and four additional renovated cottages (three 2-bedroom units and one 1-bedroom unit). Each residence is well-appointed, separately metered, and offers private outdoor space, ensuring low owner overhead and high tenant satisfaction. Shared amenities include an outdoor shower, lush garden lounge areas, a productive vegetable/fruit garden, and ample storage for bikes and kayaks, supported by three large parking areas and shared laundry. With a robust rental history and significant upside for repositioning as a boutique retreat, B&B, or high-end rental compound, this asset delivers immediate cash flow and long-term value-add potential. Located within the Tuckahoe School District with incredibly low annual taxes of approximately $5,977. Minutes from world-class dining, transportation, and ocean beaches, this is a premier East End portfolio piece. Some images have been virtually staged; unedited photos available upon request.
Listing Agent
Douglas Elliman Real Estate Brokerage Phone: 631-288-6244 License #10301222107 Listed on: 05/01/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1989
Lot Details
- 34,848 Sq Ft Lot
Home Design
- Shingle Siding
- Cedar
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Off-Site Parking
Schools
- Hampton Bays Elementary School
- Hampton Bays Middle School
- Hampton Bays High School
Utilities
- Forced Air Heating and Cooling System
- Cesspool
Listing and Financial Details
- Assessor Parcel Number 0900-191-00-04-00-027-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $659,600 | $584,100 | $75,500 |
| 2024 | -- | $659,600 | $584,100 | $75,500 |
| 2023 | -- | $659,600 | $584,100 | $75,500 |
| 2022 | $6,326 | $659,600 | $584,100 | $75,500 |
| 2021 | $6,326 | $659,600 | $584,100 | $75,500 |
| 2020 | $5,295 | $659,600 | $584,100 | $75,500 |
| 2019 | $5,295 | $0 | $0 | $0 |
| 2018 | -- | $659,600 | $584,100 | $75,500 |
| 2017 | $5,771 | $659,600 | $584,100 | $75,500 |
| 2016 | $5,856 | $659,600 | $584,100 | $75,500 |
| 2015 | -- | $686,000 | $584,100 | $101,900 |
| 2014 | -- | $690,300 | $584,100 | $106,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $3,500,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,000,000 | None Available | |
| Deed | $2,400,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,100,000 | Commercial |
Source: OneKey® MLS
MLS Number: 993361
APN: 0900-191-00-04-00-027-001
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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Ask me questions while you tour the home.