Jonathan Bedoya
REALTOR®
BEDS4
BATHS5 full
SQUARE FEET5,136
MLS#993209
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLHampton Bays
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.
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Oil
Home Style: Other
Lot Size: 0.44 Acres
Taxes: $0
Year Built: 1992
Amenities
Open Floorplan
Feature Descriptions
Appliances: Dishwasher, Microwave, Oven, Refrigerator
Building Area Total: 5136
Days on Site: 1
Exterior: Vinyl Siding
Fireplace Y/N: Yes
Frontage: 80 feet
On Market Date: 2026-05-01
Parcel Number: 0900-322-00-04-00-002-000
Parking Features: Other
Rental Term: Monthly
Rooms Total: 8
Sewer: Cesspool
Utilities: Cable Available, Electricity Available
Water: Public
Waterfront Features: Bulkhead
Local Schools
High School: Hampton Bays High School
Middle School: Hampton Bays Middle School
Elementary School: Hampton Bays Elementary School
School District: Hampton Bays
Estimate Your Payment
Estimated Payment
$ 9,894.19 per month $9,354.61 Principal & Interest $0.00 Property Tax (data not provided by mls) $539.58 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 631-288-6244
Shown By
Agent Name: Jonathan Bedoya
Agent Phone: (631) 314-0140
Agency Title: Coldwell Banker American Homes
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35 Gardners Lane | MLS# 993209
This single family home located at 35 Gardners Lane , Hampton Bays, NY 11946 is currently listed for sale with an asking price of $1,850,000. This property was built in 1992 and has 4 bedrooms and 5 full baths with 5136 sq. ft. Gardners Lane is located within the Hampton Bays school district. Search Hampton Bays real estate on jonathanbedoya.cbamhomes.com today.