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.
- Heating System:
- Other, Forced Air
- Cooling System:
- Central Air
- Basement:
- See Remarks
- Appliances:
- Other
- Interior Features:
- Other
- Parking Features:
- Driveway, Off Site
- Sewer:
- Cesspool
- Utilities:
- No
- City:
- Southampton
- State:
- NY
- Street:
- Inlet
- Street Number:
- 127
- Street Suffix:
- Road
- Postal Code:
- 11946
- Floor Number:
- 0
- Longitude:
- W73° 31' 16.8''
- Latitude:
- N40° 53' 47.9''
- PostalCity:
- Hampton Bays
- Architectural Style:
- Other
- Construction Materials:
- Shingle Siding, Cedar
- Elementary School:
- Hampton Bays Elementary School
- High School:
- Hampton Bays High School
- Agent MlsId:
- 150502
- MiddleOrJunior School:
- Hampton Bays Middle School
- PhotosCount:
- 1
- Special Listing Conditions:
- No
- Water Source:
- Public
- Office MlsId:
- DERE39
Residential - MLS# 993361
127 Inlet Road, Southampton, NY
- Property Type :
- Residential
- Property SubType :
- Single Family Residence
- Listing Type :
- For Rent
- Listing ID :
- 993361
- Price :
- $3,500,000
- Rooms :
- 8
- Bedrooms :
- 4
- Bathrooms :
- 3
- Bathrooms Total :
- 3
- Lot Area :
- 0.80 Acre
- Year Built :
- 1989
- Status :
- Active
- Listing Agent :
- Kimberly J. Cammarata
- Listing Office :
- Douglas Elliman Real Estate
