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For sale
    • Price cut: $295K (2/2)
    $3,500,000

    127 Inlet Rd W, Hampton Bays, NY 11946

    11beds
    --sqft
    Multi Family
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Presenting a rare opportunity to own a compound enclave 100 yards from beach access to Peconic Bay. 127 Inlet Road W. is located at the gateway to Southampton, this compound offers five free-standing residences on a beautifully landscaped .80 acre parcel. The four-bedroom and three-bath Main House is complemented by four additional houses: Cottage 1: two bedrooms/one bath; Cottage 2: one bedroom/one bath; Cottage 3: two bedrooms/one bath, and Cottage 4: two bedrooms/one bath. Each year-round residence is renovated and well-appointed, separately metered, and offers private outdoor space. Shared amenities include an outdoor shower, multiple garden lounge areas, a productive vegetable and fruit garden, ample storage sheds for bikes and kayaks, shared laundry facilities, and three large parking areas. Offered with several units fully furnished and with a long rental income history, this turnkey compound is perfect for a bed and breakfast, year-round rental investment, wellness retreat or unforgettable family compound. Please note this property is in the Hamlet of Shinnecock Hills and is in the Tuckahoe School District.
    292 days
    |
    601
    |
    13
    |

    Zillow last checked: 8 hours ago

    Listing by:

    Douglas Elliman Real Estate 631-283-4343,

    Michael Murphy - Associate Real Estate Broker 631-834-2626

    Source: Out East,MLS#: 388648

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Features
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.8 Acres
    Details
    • Parcel number: 0900191000400027001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1989

    Community & HOA

    Location
    • Region: Hampton Bays

    Financial & listing details

    • Tax assessed value: $659,600
    • Date on market: 5/14/2025
    • Lease term: Contact For Details

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $3,902/mo

    Price history

    Price history
    DateEventPrice
    2/2/2026Price change$3,500,000-7.8%
    Source: Douglas Elliman #416368 Report a problem
    12/4/2025Listed for rent$7,500+78.6%
    Source: Douglas Elliman Report a problem
    10/7/2025Price change$3,795,000-2.6%
    Source: Douglas Elliman #416368 Report a problem
    8/22/2025Price change$3,895,000-2.5%
    Source: Out East #388648 Report a problem
    5/14/2025Listed for sale$3,995,000+33.2%
    Source: Douglas Elliman #H388648 Report a problem
    12/23/2024Listing removed$4,200-6.7%
    Source: Zillow Rentals Report a problem
    12/18/2024Listed for rent$4,500
    Source: Zillow Rentals Report a problem
    12/9/2024Listing removed$4,500-18.2%
    Source: Zillow Rentals Report a problem
    12/3/2024Listed for rent$5,500
    Source: Zillow Rentals Report a problem
    11/7/2024Listing removed$5,500
    Source: Zillow Rentals Report a problem
    11/5/2024Listed for rent$5,500-15.4%
    Source: Zillow Rentals Report a problem
    6/9/2023Sold$3,000,000+0.2%
    Source: Public Record Report a problem
    4/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/17/2022Listed for rent$6,500
    Source: Zillow Rentals Report a problem
    12/2/2022Listing removed--
    Source: NY State MLS Report a problem
    9/17/2022Pending sale$2,995,000
    Source: NY State MLS #11104235 Report a problem
    8/31/2022Listed for sale$2,995,000+24.8%
    Source: NY State MLS #11104235 Report a problem
    3/24/2022Sold$2,400,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $659,600
    2023-- $659,600
    2022-- $659,600
    2021-- $659,600
    2020-- $659,600
    2019-- $659,600
    2018-- $659,600
    2017$6,310 $659,600
    2016-- $659,600 -3.8%
    2015-- $686,000 -0.6%
    2014-- $690,300 -2.2%
    2012-- $705,600 +9.1%
    2011-- $646,800 +77.4%
    2007$2,794 -15.8%$364,500
    2005$3,319 -30.6%$364,500 +4008.4%
    2004$4,784 +4%$8,872
    2003$4,599 +20.7%$8,872 +9.8%
    2002$3,809 $8,080

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 11946

    Getting around

    4 / 100
    Car-Dependent
    38 / 100
    Somewhat Bikeable

    Nearby schools

    GreatSchools rating

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