Buy with Yoreevo
$3,438,750
List Price: $3,500,000
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127 Inlet Road W
House in Shinnecock Hills •  building info
studio • 34,848ft² $100 per ft²
Buy with Yoreevo

$3,438,750

List Price

$3,500,000

Key Details
Days on market
4
Last price change
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Estimated payment
$19,384/mo
Taxes
$498/mo
Maintenance
N/A
Description
Presenting a rare opportunity to acquire a compound enclave just 100 yards from beach access to Peconic Bay. Located at 127 Inlet Road West, at the gateway to Southampton, this property comprises five free-standing residences on a beautifully landscaped 0.80-acre parcel. The compound is anchored by a four-bedroom, three-bath main house, complemented by four additional residences: Cottage 1 (two bedrooms/one bath), Cottage 2 (one bedroom/one bath), Cottage 3 (two bedrooms/one bath), and Cottage 4 (two bedrooms/one bath). Each residence is year-round, renovated, well-appointed, separately metered, and offers private outdoor space. Shared amenities include an outdoor shower, multiple garden lounge areas, a productive vegetable and fruit garden, ample storage sheds for bikes and kayaks, shared laundry facilities, and three large parking areas. The property has a long rental income history, with several units offered fully furnished. Importantly, historical rents achieved at this compound were significantly higher than current levels, underscoring the potential for strong upside through repositioning, management optimization, or targeted marketing. This makes the asset particularly attractive for investors seeking value-add opportunities in a high-demand location. With its proximity to Peconic Bay, flexible unit mix, and established rental track record, the compound is well-suited for a variety of uses including a boutique bed and breakfast, year-round rental investment, wellness retreat, or compound. The property is located in the Hamlet of Shinnecock Hills within the Tuckahoe School District.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.0 %
Mortgage Amount
$3,150,000
Mortgage Payment
$18,886
Taxes
$498
Estimated Yoreevo rebate
$61,250
Estimated closing cost
$135,000
Total monthly cost $19,384
Buy your dream home with us and get an estimated $61,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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