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Off market
  • $3,905,100

    1640 Montauk Hwy, Water Mill, NY 11976

    1beds
    3,880sqft
    Single Family Residence
    Built in 1975
    0.7 Acres Lot
    $3,905,100 Zestimate®
    $1,006/sqft
    $2,556 Estimated rent

    Home value

    $3,905,100

    $3.71M - $4.10M

    $2,556/mo

    Zestimate® history
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    $2,556/mo

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    $27,133/mo

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    $27,133/mo

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    What's special

    Unbeatably visible corner lotGated yard

    A rare opportunity to own a highly recognized Hamptons commercial property. Offering 320 feet of prime highway frontage, this iconic commercial site has seen generations of cars pass on their way through the Hamptons, giving you the potential to become the nameplate of this Water Mill cornerstone. Grandfathered Commerical History with a 2004 Zoning Variance protecting its commercial operations in a CR40 residential zone, this property remains a haven for business operations, The auto repair garage, gasoline sales & vehicle sales/leasing are all protected uses for the site, but the mix of office, warehouse & residential are desired by a variety of East End businesses. The 1,400sf main showroom features a beautiful retail and client area on the first floor amd a 1,100 sf second floor apartment.There is also an attached 1,100sf quad-bay warehouse garage. The grade of the property slopes down along Windmill Lane which not only provides ground level access to the basement of the main building, but also leads to the property's separate rear yard.This gated yard boasts 1,400sf dual bay warehouse garage for expanding operations, accommodating a larger inventory, or a separate business entity. Unbeatably Visible Corner lot located at the junction of Montauk Highway and Windmill Lane, the .68 acre property benefits from a landmark corner lot position next to 4 acres of preserved land on the highway between Water Mill, Bridgehampton & Sag Harbor.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Out East,MLS#: 393026

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Features
    • Basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 3,880
    • Total interior livable area: 3,880 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.7 Acres

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1975

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,006/sqft
    • Date on market: 3/20/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/27/2026Listing removed$3,950,000$1,018/sqft
    Source: Out East #393026 Report a problem
    3/20/2026Listed for sale$3,950,000-12.2%$1,018/sqft
    Source: Out East #393026 Report a problem
    1/30/2025Listing removed$4,500,000$1,160/sqft
    Source: Out East #384736 Report a problem
    12/12/2024Listed for sale$4,500,000+28.6%$1,160/sqft
    Source: Out East #384736 Report a problem
    5/3/2022Listing removed--
    Source: Douglas Elliman Report a problem
    5/3/2022Listed for sale$3,500,000$902/sqft
    Source: Douglas Elliman #H360436 Report a problem
    5/3/2022Pending sale$3,500,000$902/sqft
    Source: Douglas Elliman #360436 Report a problem
    3/2/2022Pending sale$3,500,000$902/sqft
    Source: Douglas Elliman #360436 Report a problem
    2/7/2022Price change$3,500,000-10.3%$902/sqft
    Source: Douglas Elliman #360436 Report a problem
    10/1/2021Price change$3,900,000-14.3%$1,005/sqft
    Source: Douglas Elliman #360436 Report a problem
    8/24/2021Listed for sale$4,550,000$1,173/sqft
    Source: Douglas Elliman #360436 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,905,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,905,100