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$3,500,000
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Property Description
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.
Full Property Details
Full Property Details for 127 Inlet Road W
General
- Price: $3,500,000
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 993361
- Updated: 5/1/2026
- Added to Site: 25 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Other
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Driveway, Off Site
Location
- County: Suffolk County
School Information
- High School District: Hampton Bays
- Elementary School: Hampton Bays Elementary School
- Middle School: Hampton Bays Middle School
- High School: Hampton Bays High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Other
Utilities
- Sewer: Cesspool
- Water: Public
- Utility Description: None
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Cedar, Shingle Siding
- Basement: Yes
- Basement Desc.: See Remarks
- Sq. Ft. Source: Public Records
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,848
Disclosures and Reports
- Special Conditions: None
- Property ID: 0900-191-00-04-00-027-001
Listed by Douglas Elliman Real Estate
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Schools
Schools serving 127 Inlet Road W
School District:Tuckahoe Common School District
| Name | Grades | Distance |
|---|---|---|
Tuckahoe School 468 Magee Street, Southampton, NY 11968 | PK-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 127 Inlet Road W
Date
Details
Price
Change
Source
5/01/2026
Listed
$3,500,000
16.67%
MLS
12/01/2022
Sold
$3,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 127 Inlet Road W
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$659,600
—
2020
$5,266
-17%
$659,600
—
2016
$6,310
19%
$659,600
—
2020
$5,295
-8%
$659,600
—
2018
$5,744
—
$659,600
—
2017
$5,771
-1%
$659,600
—
2016
$5,856
-7%
$659,600
-4%
2015
$6,326
—
$686,000
-1%
2015
$6,319
1%
$690,300
—
2014
$6,265
-6%
$690,300
-2%
2013
$6,660
—
$705,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 127 Inlet Road W
127 Inlet Road W, Hampton Bays, NY 11946 (MLS# 993361) is a Single Family property with 4 bedrooms and 3 full bathrooms. 127 Inlet Road W is currently listed for $3,500,000 and was received on May 01, 2026. Want to learn more about 127 Inlet Road W? Do you have questions about finding other Single Family real estate for sale in Hampton Bays? You can browse all Hampton Bays real estate or contact a Coldwell Banker agent to request more information.
