35 Gardners Ln

About This Home

Presenting a rare investment opportunity in Hampton Bays,this waterfront multifamily compound offers direct Shinnecock Bay views on Penny Pond with 80 feet of frontage,a 40-foot dock,and sandy beach access. Situated on 0.44 acres,the property features multiple income-producing structures,including a two-bedroom,two-bath main house with cathedral ceilings,a gourmet kitchen,and a living room with a fireplace. The asset also includes a two-bedroom cottage and a one-bedroom studio located above a detached two-car garage,with several units separately metered to provide flexibility for year-round rental income. Architectural plans and approvals are already in place to renovate and expand existing structures,which include a separate guest cottage and an 18-foot-by-36-foot gunite pool. Key property features include extensive landscaped grounds with a sprinkler system. This versatile property allows investors to reposition it as a boutique rental compound,operate it as a seasonal retreat,or redevelop it into a luxury waterfront estate. Located just minutes from ocean beaches at the gateway to the Hamptons,both homes are also available for lease. Call for additional details Available June 1st through Labor Day MLS ID KEY1007030 Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.