Rare opportunity with frontage on Montauk Highway in Hampton Bays! Explore 2.1 cleared acres with versatile motel zoning, allowing for a single-family residence, motel, restaurant, and more. Currently featuring a 1,300 sq ft, 2-bed, 2-bath home with an additional 1,300 sq ft walk-out garage and basement. Enjoy breathtaking views of Shinnecock Bay and water access from this elevated parcel, situated outside a flood zone. Subdivision potential (2 lots) with a minimum lot size of 40,000 sq ft each (total parcel is 92,438 sq ft). Don't miss out-reach out today to learn more!
Type:
Single-family residential
Heating:
Natural Gas, Baseboard
Basement:
Unfinished, Walk-Out Access
Parking:
Private, Driveway, Garage
View Description:
Other, Water
Elementary School:
Hampton Bays Elementary School
Middle School:
Hampton Bays Middle School
High School:
Hampton Bays High School
School District:
Hampton Bays
1 Oceanview Road, Southampton, (Hampton Bays), NY, 11946
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
