Property Description

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.

Features
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
Address Map
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
Additional Information
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

4 Bedrooms
3 Bathrooms
0.80 Acre
$3,500,000
Listing ID #993361
Basic Details
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
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore