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About This Home
This 4-bedroom, 3-bathroom single family at 127 Inlet Road W in Hampton Bays, NY is listed for $3,500,000. Built in 1989, on a 0.80 acres lot.
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.
Key Features
- Built in 1989
- 0.80 acre lot
Property Details
Amenities
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
127 Inlet Road W
Hampton Bays, NY 11946
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 127 Inlet Road W is listed at $3,500,000. The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.
Key features include: Built in 1989, 0.80 acre lot.
This property is listed by Kimberly J. Cammarata and can be reached at 6314339992 or kimberly.cammarata@elliman.com.








