Fire your landlord and you collect the rent with this unique investment opportunity featuring two separate homes on a wooded half-acre parcel just a few short blocks from a sandy Peconic Bay beach. The first home is a brick ranch offering a full basement, knotty pine details throughout, three bedrooms, a living room, eat-in kitchen, oil heat, and a deck. The second home features two bedrooms, a kitchen, living room, one bath, full basement, and electric heat. Both homes are currently rented month-to-month, with tenants paying their own electric and heat. Some TLC is needed, but the setting, rental potential, and convenient beach proximity make this a standout opportunity. Some photos have been digitally enhanced. ADDITIONAL LISTING: adjacent 7 unit residential year round rentals see MLS # 1048800. 100% Occupancy.
For sale
$1,100,000
45 Peconic Road, Hampton Bays, NY 11946
5beds
1,466sqft
Single Family Residence, Residential
Built in 1951
0.5 Acres Lot
$-- Zestimate®
$750/sqft
$-- HOA
What's special
Brick ranchWooded half-acre parcelFull basementKnotty pine details throughoutThree bedroomsEat-in kitchen
- 58 days
- 353
- 14
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Reliable R E 631-288-0400,
Anthony Lubrano 631-255-8700
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1049296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Oil
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- First Floor Bedroom
- Basement: Unfinished
- Attic: Full
- Has fireplace: No
Interior area
- Total structure area: 1,466
- Total interior livable area: 1,466 sqft
Property
Parking
- Parking features: Private
Features
- Levels: One,One and One Half
Lot
- Size: 0.5 Acres
Details
- Parcel number: 699265
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Foundation: Block
Condition
- Fixer
- Year built: 1951
Utilities & green energy
- Sewer: Cesspool
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Propane, Trash Collection Private, Water Connected
Community & HOA
Community
- Subdivision: Shinnecock Hills
HOA
- Has HOA: No
Location
- Region: Hampton Bays
Financial & listing details
- Price per square foot: $750/sqft
- Tax assessed value: $246,900
- Annual tax amount: $5,186
- Date on market: 9/11/2026
- Cumulative days on market: 59 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $1,100,000$750/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1049796 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $246,900 |
| 2024 | -- | $246,900 |
| 2023 | -- | $246,900 |
| 2022 | -- | $246,900 |
| 2021 | -- | $246,900 |
| 2020 | -- | $246,900 |
| 2019 | -- | $246,900 +22.2% |
| 2018 | -- | $202,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 11946
Nearby schools
Schools provided by the listing agent
- Elementary: Tuckahoe School
- Middle: Tuckahoe
- High: Hampton Bays High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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