BEDS4
BATHS5 full
SQUARE FEET5,136
MLS#1007030
STATUSActive
PROPERTY TYPERental - 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.Call for additional details Available June 1st through Labor Day
Property Features
Property Type: Rental - Single Family
Basement: Crawl Space
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Oil
Home Style: Other
Lot Size: 0.44 Acres
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: 2026-06-01
Parcel Number: 0900-322-00-04-00-002-000
Parking Features: Driveway
Pets Allowed: Yes
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
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 631-288-6244
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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35 Gardners Lane | MLS# 1007030
This property located at 35 Gardners Lane , Hampton Bays, NY 11946 is currently listed for rent with an asking price of $60,000 / Monthly. Gardners Lane is located within the Hampton Bays school district. Search Hampton Bays real estate on www.coldwellbankerchoice.com today.