221 E Montauk Highway, Hampton Bays, NY 11946

$875,000
5
BD
3
BA
1,840
SqFt

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Sold Price
$875,000
Closing Date
Aug 10, 2026
Days on Market
40
MLS#
987654
Number Of Families
1
Status
CLOSED
Bedrooms
5
Bathrooms
3
Living Area
1,840
Lot Size
47916

Property Description

Welcome to 221 E Montauk Highway, a rare opportunity in the heart of Hampton Bays offering exceptional upside for investors, builders, or end-users ready to create their vision in the Hamptons. Set on a full acre in an R20 zoning district, this property presents the potential for subdivision or redevelopment. The home also features a large basement with egress already in place, offering potential for expanded use or flexible living configurations. The existing 5-bedroom, 3-bath home spans approximately 1,840 square feet (not including the basement) and features hardwood floors, a fireplace, and generous living space. While the home is in need of renovation it provides a footprint and layout that can inspire your next project. Outdoors, the property includes an in-ground pool and expansive grounds, offering a strong starting point for reimagining a private retreat or high-performing rental property. With a proven rental history, there is clear income potential for those looking to invest. Ideally located just 6.5 miles from the Village of Southampton and directly adjacent to the newly revitalized Canoe Place Inn, this location benefits from ongoing growth and increasing demand. Close to ocean beaches, dining, and marinas, the property offers both convenience and long-term value. Bring your architect, your builder, and your imagination-221 E Montauk Highway is a blank canvas in a rapidly evolving Hamptons corridor.

Additional Information

Year Built
1996
Style
Colonial
School District
Hampton Bays
Elementary School
Hampton Bays Elementary School
Middle School
Hampton Bays Middle School
High School
Hampton Bays High School
Total Taxes
8198
Heating
Oil
Parking
Driveway
Basement
Full, Unfinished, Walk-Out Access
Water
Public
Sewer
Cesspool
Taxes
$8,198

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bridget Terry (bridget.terry@compass.com) from Listing Office: Compass Greater NY LLC.

Selling Office: Buyer Representation Office.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.