Price Reduced 24.01%

$5,699,000

Pending

Est. Mortgage $28,072/mo *

Quick Pre-Approval

Price History

$7,500,000
1/10/2023

$6,495,000
4/3/2023

$5,999,000
4/10/2023

$5,699,000
8/15/2023


16 Penny Lane, Southampton, (Hampton Bays), NY, 11946

16 Penny Lane, Southampton, (Hampton Bays), NY, 11946

1990

Presenting an exceptional opportunity to own an exclusive Hamptons waterfront resort. Unlike any other listing, this distinctive property offers fifteen contemporary renovated units, a main 3 bedroom residence with balcony, a waterside pool, 6 dock spaces for boating and water sports. This property is zoned as a resort waterfront business, providing investors and owners the power to fully pursue their creative vision, lifestyle and to be one of the select hotel owners in all of the Hamptons. With the potential for implementing a restaurant and entertainment environment, this space provides the flexibility needed to achieve your goals. Enjoy the unparalleled, panoramic water and sunset views of Shinnecock Bay. This one acre property is just minutes to Dune Road Ocean Beaches, waterfront dining and village shops.


Status:

Pending

Town:

Southampton

Type:

Commercial

Units:

15

Zoning:

RWB

Heating:

Natural Gas, Forced Air

Levels:

2

Acreage:

0.96

Est. Taxes:

$14,167

Waterfront:

Yes

Days on Market:

367

MLS #:

3451682


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Corcoran 914-602-3656