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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...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.
  1. Listed by Kimberly J. Cammarata • Douglas Elliman Real Estate
    P: (631)-288-6244 C: (631)-433-9992 Kimberly.Cammarata@elliman.com

Property Details for 127 Inlet Road

City/Township
Southampton
Architectural Style
Other
Waterfront
No
LISTING UPDATED: 06/04/2026 01:33 PM

Property Details for 127 Inlet Road

StatusActive
MLS #993361
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family
Year Built1989
Lot Size0.80 AC
CountySuffolk County

Location

Listing Courtesy of Douglas Elliman Real Estate
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Building Information for 127 Inlet Road

Stories-Year Built1989Building Size-Lot Size0.80 AC

Payment Calculator

$17,441 per month

30 year fixed, 6.36% Interest

Principal and Interest

$17,441

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 127 Inlet Road

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: Detached
  • State Or Province: NY
School Information
  • School District: Hampton Bays
  • Elementary School District: Hampton Bays
  • Elementary School: Hampton Bays Elementary School
  • Middle Or Junior School District: Hampton Bays
  • Middle Or Junior School: Hampton Bays Middle School
  • High School District: Hampton Bays
  • High School: Hampton Bays High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 1
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 0900-191-00-04-00-027-001
  • Tax Assessed Value: $659,600.00
  • Tax Source: Municipality
  • Tax Year: 2026.0
  • Association: No
Interior and Exterior Features
Interior Features
  • Amenities: Other, Public
  • Interior Features: Other
  • Appliances: Other
  • Total Rooms: 8
  • Basement: See Remarks
  • Attic Description: None
  • Location Amenities: Other/See Remarks
  • Living Area: .00
  • Basement: Yes
Exterior Features
  • Exterior Property Features: Driveway, Off Site
  • Elevation Certificate: No
  • Construction Materials: Cedar, Shingle Siding
  • Pool Private: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: Driveway, Off Site
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Central Air
  • Heating: Forced Air, Other
  • Heat Fuel Type: Forced Air, Other
  • Sewer: Cesspool
  • Water Source: Public
  • Utilities: None
Green Features
  • Green Features: Other, Forced Air
Agent
Payment and Rate
  • Down Payment Resource: No

Property History for 127 Inlet Road

DateEvent & SourcePriceAppreciation
May 1, 2026

Listed (Active)

ONEKEY #993361

$3,500,000
Dec 1, 2022

Sold (Public Record)

Public Record #1526845058

$3,000,000

+12.5% / yr

Jan 10, 2021

Sold (Public Record)

Public Record #1493336462

$2,400,000
DateEvent & SourcePrice
05/01/2026

Listed (Active)

ONEKEY #993361

$3,500,000
12/01/2022

Sold (Public Record)

Public Record #1526845058

$3,000,000

+12.5% / yr

01/10/2021

Sold (Public Record)

Public Record #1493336462

$2,400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Inlet Road

Taxable ValueLand$584,100Additions$75,500Total$659,600
Home Facts
Beds0Stories2Lot Size34,848 SqFtStyleMiscellaneous ResidentialYear Built1989ZoningR20CountySUFFOLKAPN0900-191.00-04.00-027.001

Schools near 127 Inlet Road

This home is within Tuckahoe Comn School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Tuckahoe School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

127 Inlet Road is a single family home for sale in Hampton Bays, NY 11946. This property was listed for sale on May 1, 2026 by Douglas Elliman Real Estate, it's currently listed at $3,500,000. It has been on the market for a total of 37 days and was last sold on December 1, 2022. This listing's school district is Tuckahoe Comn School District. Nearby schools include Tuckahoe School. 127 Inlet Road is a 4-bed, 3-bath, single family home built in 1989.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

Based on information submitted to the MLS GRID as of 06/04/2026 01:33 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.