35 Gardners Ln Hampton Bays, NY 11946
Estimated payment $11,717/month
Highlights
- Waterfront
- Cathedral Ceiling
- Baseboard Heating
- Open Floorplan
- Fireplace
About This Home
Presenting a rare investment opportunity in Hampton Bays, this waterfront multifamily compound offers direct Shinnecock Bay views on Penny Pond with 80 feet of frontage, a 40-foot dock, and sandy beach access. Situated on 0.44 acres, the property features multiple income-producing structures, including a two-bedroom, two-bath main house with cathedral ceilings, a gourmet kitchen, and a living room with a fireplace. The asset also includes a two-bedroom cottage and a one-bedroom studio located above a detached two-car garage, with several units separately metered to provide flexibility for year-round rental income. Architectural plans and approvals are already in place to renovate and expand existing structures, which include a separate guest cottage and an 18-foot-by-36-foot gunite pool. Key property features include extensive landscaped grounds with a sprinkler system. This versatile property allows investors to reposition it as a boutique rental compound, operate it as a seasonal retreat, or redevelop it into a luxury waterfront estate. Located just minutes from ocean beaches at the gateway to the Hamptons, both homes are also available for lease.
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 1992
Lot Details
- 19,166 Sq Ft Lot
- Waterfront
Home Design
- Vinyl Siding
Interior Spaces
- 5,136 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Fireplace
- Crawl Space
Kitchen
- Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Full Bathrooms
Schools
- Hampton Bays Elementary School
- Hampton Bays Middle School
- Hampton Bays High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Oil
- Cesspool
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0900-322-00-04-00-002-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | -- | $818,900 | $485,000 | $333,900 |
| 2023 | -- | $818,900 | $485,000 | $333,900 |
| 2022 | $12,036 | $818,900 | $485,000 | $333,900 |
| 2021 | $12,036 | $807,500 | $485,000 | $322,500 |
| 2020 | $13,219 | $807,500 | $485,000 | $322,500 |
| 2019 | $13,219 | $0 | $0 | $0 |
| 2018 | -- | $661,500 | $411,500 | $250,000 |
| 2017 | $11,683 | $661,500 | $411,500 | $250,000 |
| 2016 | $11,990 | $661,500 | $411,500 | $250,000 |
| 2015 | -- | $661,500 | $411,500 | $250,000 |
| 2014 | -- | $661,500 | $411,500 | $250,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $1,850,000 | -- | $360 / Sq Ft |
Source: OneKey® MLS
MLS Number: 993209
APN: 473689 322.000-0004-002.000
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