35 Shrubland Road

Southampton, NY 11968

$13,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The only waterfront resort property in all of Southampton is a unique opportunity to create a world-class, income-producing luxury destination in the East Coast’s most desirable beach enclave less than two hours from New York City.
Located on a sprawling 3.25 acre parcel in a protected cove of Cold Spring Pond, this unique compound has a commanding location with sweeping views of Peconic Bay and western exposure for spectacular sunsets.
Key to this offering is the pre-existing motel use which could
...The only waterfront resort property in all of Southampton is a unique opportunity to create a world-class, income-producing luxury destination in the East Coast’s most desirable beach enclave less than two hours from New York City.

Located on a sprawling 3.25 acre parcel in a protected cove of Cold Spring Pond, this unique compound has a commanding location with sweeping views of Peconic Bay and western exposure for spectacular sunsets.

Key to this offering is the pre-existing motel use which could never be recreated under today’s zoning. It includes 22 units plus a 25’ x 50’ waterside pool, 220’ of bulkheaded waterfront and a small beach from which to launch kayaks and paddle boards. The open lawn can accommodate a large event tent.

In addition to an income-producing business, other potential uses are a condo conversion or one-of-a-kind residential compound.

Listing Agents

  1. Nancy Grady

    Nancy Grady

    Listing Agent

    Compass

    nancy@compass.com

    P: 631.553.0011

  2. Hal Zwick

    Hal Zwick

    Listing Agent

    Compass

    hal.zwick@compass.com

    P: 631.678.2460

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LISTING UPDATED: 04/14/2021 08:17 PM

Property Details for 35 Shrubland Road

StatusWithdrawn
Days on Market-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS Type-
Year Built-
Lot Size-
CountySuffolk County
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Building Information for 35 Shrubland Road

Senior Community-Levels / Stories-Waterfront-Waterfront Features-

Payment Calculator

$75,219 per month

30 year fixed, 7.25% Interest

Principal and Interest

$73,675

Property Taxes

$1,544

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Public Records for 35 Shrubland Road

Taxable ValueLand$1,206,000Additions$977,100Total$2,183,100
Tax Record2020$18,531 ($1,544 / month)
Home Facts
Stories1Lot Size143,748 SqFtStyleHotel / MotelYear Built1991ZoningR40CountySUFFOLKAPN0900-177.00-01.00-017.000

Schools near 35 Shrubland 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.

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY