127 Inlet Road W, Hampton Bays, NY 11946

• 4 beds |
• 3 baths

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.

Listing Status:

Active

Data Last Updated:

May 11, 2026 at 10:22PM

Listing Office:

Douglas Elliman Real Estate : 631-288-6244

MLS ID:

993361

Interior

• General: Other
• Appliances: Other
• Basement: See Remarks
• A/C: Central Air
• Heating: Forced AirOther

Exterior

• Style: Other
• Parking: DrivewayOff Site

Location

• Originating MLS: onekey2
• School District: Hampton Bays
• County: Suffolk County

Lot

• Zoning: 0900-191-00-04-00-027-001

Utilities

• Utilities: None
• Water: Public
• Sewer: Cesspool

Financial

• Source: onekey2