16 Penny Lane Hampton Bays, NY 11946

$5,699,000
0.96
Acres
$5,699,000
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active
1/27
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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.

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.

  • Neighborhood
  • Type
  • County
    Suffolk
  • Tax Amount
    $14,167
  • Status
    Active
  • Listing #
    3451682
  • Built
    1990
  • Lot Size
    0.96
  • Listed on site
    321 days
  • Attribution Contact
    914-602-3656

Listed by:
Corcoran

Source:
MLSLI

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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Heat Gas

Property History

DateDays AgoEventNew Price
Aug 15, 20233 mos agoPrice decreased300,000 (5%)$5,699,000
Apr 10, 20238 mos agoPrice decreased496,000 (8%)$5,999,000
Apr 3, 20238 mos agoPrice decreased1,005,000 (13%)$6,495,000
Jan 10, 202311 mos agoNew on market$7,500,000
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