35 Gardners Lane, Hampton Bays, NY 11946
- 4 beds |
- 5 baths |
- 5,136 sqft
Single-Family Home 
Built in 1992 
0.44acre lot
—— car garage 
$360/sqft 
Listed 10 days ago
Property Description
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 Status:
- Active
- Data Last Updated:
- May 11, 2026 at 9:22PM
- Listing Office:
- Douglas Elliman Real Estate : 631-288-6244
- MLS ID:
- 993209
- Style: Other
- Parking: Other
- Originating MLS: onekey2
- School District: Hampton Bays
- County: Suffolk County
- Zoning: 0900-322-00-04-00-002-000
- Utilities: Cable AvailableElectricity Available
- Water: Public
- Sewer: Cesspool
- Source: onekey2
This listing courtesy of Douglas Elliman Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
