RARE OPPORTUNITY in North Sea – Located in an up-and-coming section of Southampton, this 0.51-acre property is designated as a legal two-family, the property currently includes two detached ranch-style homes, each offering 2–3 bedrooms, 1 bathroom, and a basement (in each home). Both homes are in need of renovation, presenting a true blank canvas for investors, builders, or end users looking to create something special. With ample space, the property can allow for the construction of even a new 2,500+ sq ft home with an in-ground pool, making it an ideal opportunity to maximize value. Property Highlights: • Legal two-family with R-10 zoning • Two detached homes on one lot • 0.51-acre parcel • FEMA Zone X • Strong income-producing potential or end-user flexibility Located north of Southampton Village and the neighboring hamlets of Water Mill, Bridgehampton, and Sag Harbor. Enjoy close proximity to North Sea Harbor, Conscience Point Marina, and Towd Point Beach, perfect for boating, waterfront activities, and scenic sunsets.. Property being sold as-is.
For sale
Price cut: $200K (8/27)
$999,999
33 Locust Ave, Southampton, NY 11968
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two detached ranch-style homes
- 126 days
- 629
- 26
Zillow last checked:
Listed by:
Netter Real Estate 000-000-0000,
Christine Brown - Real Estate Sales Person 631-484-1628
Source: Out East,MLS#: 395401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Stories: 1
- Pool features: Room for a Pool
Lot
- Size: 0.5 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Community & HOA
Location
- Region: Southampton
Financial & listing details
- Date on market: 5/2/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$5,250/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $999,999-16.7% |
Source: Out East #395401 Report a problem | ||
| 5/2/2026 | Listed for sale | $1,199,999 |
Source: Out East #395401 Report a problem | ||
Public tax history
Tax history is unavailable.







