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Off market
  • $3,536,200

    16 Penny Ln, Hampton Bays, NY 11946

    3beds
    --sqft
    SingleFamily
    Built in ----
    -- sqft lot
    $3,536,200 Zestimate®
    $--/sqft
    $6,398 Estimated rent

    Home value

    $3,536,200

    $3.01M - $4.07M

    $6,398/mo

    Zestimate® history
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    Rent Zestimate®

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    $24,725/mo

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    $24,725/mo

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    What's special

    Waterfront propertyCottage suiteOutdoor poolPonquogue beachPrivate marinaOutdoor patioBbq grills

    Rental Registration #: 24 This charming 3-bedroom, 4-bathroom freestanding cottage at The Drake Inn offers a peaceful retreat in the heart of Hampton Bays. Nestled on a beautiful waterfront property, the suite is ideally located just minutes from the area's stunning beaches, popular restaurants, quaint shops, art galleries, and local attractions. Many of these beloved spots are within walking distance or a short bike ride away, making it easy for guests to fully immerse themselves in the relaxed coastal lifestyle.Inside, the suite is thoughtfully designed with comfort and convenience in mind. Bedroom 1 includes a king bed, Bedroom 2 includes 2 twin beds, and Bedroom 3 includes 2 full beds, and they all include their own private Ensuite bathroom. Each of the private bedrooms feature plush bedding and soft linens to ensure a restful night's sleep. The cozy living room offers a comfortable sofa, flat-screen TV with cable, and a welcoming space to unwind after a day spent exploring the Hamptons. A sunny dining area provides the perfect place for casual meals or morning coffee, while the well-equipped kitchenette includes a Keurig coffee maker with complimentary coffee, cream, and sugar, along with a microwave, mini fridge, dishes, and utensils. An additional full bathroom is located on the main floor for convenience. Guests can step outside to their outdoor patio, an ideal spot to enjoy a glass of wine at sunset or simply relax in the fresh coastal air. The suite is fully stocked with everything needed for a stress-free stay, including air conditioning, free WiFi, a hair dryer, fresh towels, toiletries, and all the essentials.During their stay, guests have full access to all resort amenities at The Drake Inn. They can take a dip in the outdoor pool, enjoy the beautifully landscaped grounds, or make use of the picnic tables and BBQ grills for a laid-back afternoon. Complementary parking is available on-site, and the property offers convenient extras such as bikes and beach chairs for rent, and access to the property's private marina with dock space available for rent.Located just a stone's throw from local favorites like Cowfish and Rumba, as well as nearby farm stands, parks, and beaches such as Ponquogue Beach and Munn's Pond Preserve, the suite offers the perfect base for exploring all that Hampton Bays has to offer. Visitors can spend the day touring North Fork wineries, browsing local art galleries, or simply soaking in the tranquil waterfront atmosphere.Whether planning a romantic getaway, a solo retreat, or a relaxing vacation by the sea, this cottage suite at The Drake Inn invites guests to slow down, breathe in the salt air, and enjoy the simple pleasures of life in the Hamptons.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • View

    Property

    Parking
    • Parking features: None
    • Details: Contact manager
    Features
    • Has view: Yes
    • View description: Water View
    • Has water view: Yes
    • Water view: Waterfront
    Details
    • Parcel number: 0900323000200015000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: SingleFamily

    Community & HOA

    Location
    • Region: Hampton Bays

    Financial & listing details

    • Tax assessed value: $918,200
    • Date on market: 5/12/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    11/1/2025Listing removed$11,000
    Source: Zillow Rentals Report a problem
    5/12/2025Listed for rent$11,000
    Source: Zillow Rentals Report a problem
    8/15/2023Price change$5,699,000-5%
    Source: Out East #364840 Report a problem
    4/10/2023Price change$5,999,000-7.6%
    Source: Out East #364840 Report a problem
    2/9/2023Price change$6,495,000-13.4%
    Source: Out East #364840 Report a problem
    12/29/2022Price change$7,500,000-6.2%
    Source: Out East #364840 Report a problem
    12/6/2022Price change$7,999,000-8.6%
    Source: Out East #364840 Report a problem
    4/4/2022Listed for sale$8,750,000+34.6%
    Source: Out East #364840 Report a problem
    10/24/2021Listing removed--
    Source: Douglas Elliman Report a problem
    10/15/2020Listed for sale$6,500,000+602.7%
    Source: Douglas Elliman Real Estate #354761 Report a problem
    6/13/2013Sold$925,000-7.5%
    Source: Public Record Report a problem
    10/7/2002Sold$1,000,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $918,200
    2024-- $918,200
    2023-- $918,200
    2022-- $918,200
    2021-- $918,200
    2020-- $918,200
    2019-- $918,200
    2018-- $918,200
    2017$15,764 $918,200
    2016-- $918,200
    2015-- $918,200
    2014-- $918,200 -10.4%
    2013-- $1,024,300 -16.3%
    2012-- $1,224,300 +4.7%
    2007$13,563 -10.6%$1,169,700
    2005$15,170 -0.8%$1,169,700 +5256.8%
    2004$15,297 +10.4%$21,836
    2003$13,850 +5.9%$21,836
    2002$13,084 +6.9%$21,836
    2001$12,242 +4.4%$21,836
    2000$11,730 $21,836
    Find assessor info on the county website

    Neighborhood: 11946

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,536,200
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    Estimated market value
    $3,536,200