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Investment Highlights

  • Private Dock
  • Waterfront
  • Three Structures

Executive Summary

Private dock. Three independent buildings with room for a pool. Resort Waterfront Business zoning. Waterfront opportunities like this are exceptionally rare, especially with 80 feet of frontage, a 40-foot dock, and sandy beach access. Set along Penny Pond with direct boating access to Shinnecock Bay, this unique Hampton Bays compound offers an exceptional blend of waterfront living, investment potential, and flexibility. Whether enjoyed as a private retreat, multigenerational compound, income-producing property, or opportunity afforded by its coveted Resort Waterfront Business (RWB) zoning, this is a property that adapts to your vision. Comprising three independent structures, each with separate utilities, the compound includes a 1,488± sq. ft. main residence with 2 bedrooms and 2 full bathrooms, including a waterfront en-suite primary suite, a charming 2-bedroom waterfront cottage, and a detached two-car garage with an upper-level studio complete with a full bath and kitchenette. Expansive waterfront decks, generous outdoor living areas, an outdoor shower, ample parking, and a private dock with approximately 30 inches of water at low tide complete this distinctive offering, providing convenient boating access to Shinnecock Bay and endless enjoyment on the water. Properties that combine private docking, multiple legal structures, and valuable RWB zoning are seldom available. This is a rare chance to own one of Hampton Bays' most versatile waterfront properties.

Property Facts

Price $1,699,000
Price Per Unit $849,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.46 AC
Building Size 5,136 SF
No. Stories 2
Year Built/Renovated 1992/2024
Zoning RWB - Resort and Waterfront Business

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 - 1,488
2+1 1 - 528
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0900-322-00-04-00-002-000
Land Assessment
$485,000
Improvements Assessment
$333,900
Total Assessment
$818,900
  • Listing ID: 41796752

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 35 Gardners Ln, Hampton Bays, NY 11946

Contact the Sale Advisor

35 Gardners Ln

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