Rare Waterfront Compound in North Sea, Southampton – Four Separate Structures + Rental Income
A rare opportunity to own a waterfront compound in North Sea, Southampton, offering a unique combination of waterfront living, privacy, flexibility and income potential in one of the Hamptons’ most desirable locations.
Set directly along North Sea Creek, this unique property features four separate structures, creating a true compound-style setting with multiple possibilities for investment, personal use and additional flexible space.
Building 1 – Front Cottage: 2 bedrooms and 1 full bath with a full kitchen, oil hot-water heat, full basement with separate exterior access, and its own private yard. Currently rented.
Building 2 – Finished Studio / Flex Space: A bright, finished detached space featuring vaulted ceilings, exposed wood beams, skylight, tile flooring and barn-style doors. The building is unheated and has no water or appliances. An excellent flexible space for an office, art studio, home gym, hobby room or storage.
Building 3 – Middle Cottage: Separate 1-bedroom, 1-bath cottage with a full kitchen. Currently rented.
Building 4 – Waterfront Cottage: Recently renovated 2-bedroom, 1-bath waterfront cottage, including a loft bedroom, positioned directly along North Sea Creek. Features vaulted ceilings, an open living/dining area, full kitchen, gas heat, wood stove, private deck and public water. Enjoy beautiful creek views and direct water access for kayaking, paddleboarding and canoeing. Currently rented.
Three cottages are currently rented, providing immediate rental income while the separate finished studio adds additional flexibility to the property.
Additional highlights include a newly installed IA septic system and exceptionally low property taxes of approximately $3,900 per year.
Located just minutes from Southampton Village, bay beaches and local amenities, this is a distinctive opportunity to own a waterfront property with multiple separate structures, existing rental income and the flexibility of a true Hamptons compound.
FOR SALE BY OWNER
For additional information, rent roll or to schedule a private showing, please contact owner Carmelo directly at 516-385-7894.
For sale by owner
$1,730,000
17 Shore Rd, Southampton, NY 11968
5beds
2,000sqft
MultiFamily
Built in 1988
-- sqft lot
$-- Zestimate®
$865/sqft
$-- HOA
What's special
Private yardGas heatLoft bedroomPrivate deckExposed wood beamsWood stoveVaulted ceilings
- 4 days
- 468
- 11
Listed by:
Property Owner (516) 385-7894
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Electric
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 29 Acres
Details
- Parcel number: 0900076000200002000
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
Condition
- New construction: No
- Year built: 1988
Community & HOA
Location
- Region: Southampton
Financial & listing details
- Price per square foot: $865/sqft
- Tax assessed value: $626,700
- Date on market: 9/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$7,149/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $1,730,000-8.9%$865/sqft |
Source: Owner Report a problem | ||
| 7/27/2026 | Listing removed | $1,899,000$950/sqft |
Source: Out East #395136 Report a problem | ||
| 6/3/2026 | Price change | $1,899,000-9.4%$950/sqft |
Source: Out East #395136 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,095,000-8.9%$1,048/sqft |
Source: Out East #395136 Report a problem | ||
| 4/7/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/1/2026 | Listed for sale | $2,299,999+31.4%$1,150/sqft |
Source: Owner Report a problem | ||
| 11/8/2022 | Listed for rent | $3,200$2/sqft |
Source: Out East #369670 Report a problem | ||
| 11/2/2022 | Listing removed | -- |
Source: Out East Report a problem | ||
| 7/12/2022 | Listed for sale | $1,750,000+75.2%$875/sqft |
Source: Out East #367581 Report a problem | ||
| 4/4/2022 | Sold | $999,000$500/sqft |
Source: Public Record Report a problem | ||
| 10/9/2021 | Pending sale | $999,000$500/sqft |
Source: Out East #360800 Report a problem | ||
| 9/20/2021 | Listed for sale | $999,000+61.7%$500/sqft |
Source: Out East #360800 Report a problem | ||
| 9/5/2017 | Sold | $618,000+12.4%$309/sqft |
Source: Public Record Report a problem | ||
| 10/28/2009 | Sold | $550,000+266.7%$275/sqft |
Source: Public Record Report a problem | ||
| 7/16/1998 | Sold | $150,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $626,700 |
| 2024 | -- | $626,700 |
| 2023 | -- | $626,700 -17.7% |
| 2022 | -- | $761,500 +22.5% |
| 2021 | -- | $621,600 |
| 2020 | -- | $621,600 |
| 2019 | -- | $621,600 +5.4% |
| 2018 | -- | $589,500 +15.8% |
| 2017 | $2,385 | $509,100 |
| 2016 | -- | $509,100 |
| 2015 | -- | $509,100 |
| 2014 | -- | $509,100 |
| 2013 | -- | $509,100 -13.7% |
| 2011 | -- | $589,900 -22.1% |
| 2007 | $3,355 -3.6% | $757,500 +21.2% |
| 2005 | $3,482 +109.3% | $624,863 +14050% |
| 2004 | $1,664 +5.3% | $4,416 |
| 2003 | $1,580 +1.7% | $4,416 |
| 2002 | $1,554 +7% | $4,416 +0.6% |
| 2001 | $1,452 +2% | $4,388 |
| 2000 | $1,424 | $4,388 |
Find assessor info on the county website





