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About This Home

This 5-bedroom, 3-bathroom single family at 221 E MONTAUK HWY in Hampton Bays, NY is listed for $849,000 ($461 per sqft). Built in 2001, the home offers 1,840 sqft of living space on a 1.10 acres lot.

Agent Description

Welcome to 221 E Montauk Highway, a rare opportunity in the heart of Hampton Bays offering exceptional upside for investors, builders, or end-users ready to create their vision in the Hamptons. Set on a full acre in an R20 zoning district, this property presents the potential for subdivision or redevelopment.

The home also features a large basement with egress already in place, offering potential for expanded use or flexible living configurations. The existing 5-bedroom, 3-bath home spans approximately 1,840 square feet (not including the basement) and features hardwood floors, a fireplace, and generous living space.

While the home is in need of renovation it provides a footprint and layout that can inspire your next project. Outdoors, the property includes an in-ground pool and expansive grounds, offering a strong starting point for reimagining a private retreat or high-performing rental property.

With a proven rental history, there is clear income potential for those looking to invest. Ideally located just 6.5 miles from the Village of Southampton and directly adjacent to the newly revitalized Canoe Place Inn, this location benefits from ongoing growth and increasing demand. Close to ocean beaches, dining, and marinas, the property offers both convenience and long-term value. Bring your architect, your builder, and your imagination-221 E Montauk Highway is a blank canvas in a rapidly evolving Hamptons corridor.

Key Features

  • Built in 2001
  • 1.10 acre lot
  • Fireplace

Property Details

3 full
2001

Amenities

FireplaceHardwoodBasement

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

221 E MONTAUK HWY

Hampton Bays, NY 11946

Property Details

Flooring

Hardwood

Construction

Vinyl Siding

Parking

Garage

Heating

Fireplace(s)Forced AirOil

Cooling

Central Air

Appliances

DishwasherRefrigeratorWasher

Questions & Answers

This 5-bedroom, 3-bathroom single family at 221 E MONTAUK HWY is listed at $849,000 ($461/sqft). The estimated monthly payment is $3,679 based on 20% down at 6.5% interest.

Key features include: Built in 2001, 1.10 acre lot, Fireplace.

This property is listed by Bridget Terry and can be reached at 6314667118 or bridget.terry@compass.com.

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BT

Bridget Terry

Agent at Compass

(631) 466-7118

Listed by Compass · View on Broker Site

MLS# 11695312· Source: listhub· Updated 3 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

221 E MONTAUK HWY, Hampton Bays, NY 11946

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