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Off market
  • $1,136,800

    48 Lake Dr, Southampton, NY 11968

    2beds
    900sqft
    SingleFamily
    Built in 1952
    0.25 Acres Lot
    $1,136,800 Zestimate®
    $1,263/sqft
    $6,478 Estimated rent

    Home value

    $1,136,800

    $1.05M - $1.24M

    $6,478/mo

    Zestimate® history
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    $7,794/mo

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    What's special

    This picturesque Hamptons cottage is situated in Bay Views Oaks, a private bayfront community centrally located between Southampton and Sag Harbor Villages. A short block to the private sandy beach, this .25 acre property is elevated with peeking views of the bay and gorgeous sunset views. The two bedroom, two bathroom cottage is updated and move-in ready. Renovated in 2018, the home has a freshly painted enclosed porch area that opens to the living room with brick woodburning fireplace. There is a new kitchen with stainless steel appliances, propane stove, and granite countertops. Both bathrooms were updated with new sink vanities and showers. The master bedroom is spacious and light-filled with a large bathroom. There is a guest bedroom and additional full bathroom as well. Additional amenities include a new central air conditioning system, new tankless hot water heater, new mahogany decking, and a new outdoor shower. The professionally landscaped property has a large front yard with beautiful trees, and the backyard is spacious and fenced in. This property has excellent rental history, plenty of room for expansion, a pool, or a new home if desired. A great opportunity to own in a coveted Hamptons neighborhood very close to the beach for under a million with very low taxes!

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: shingles
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 0900031000300005000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Crawl/Raised
    Condition
    • Year built: 1952

    Community & HOA

    Location
    • Region: Southampton

    Financial & listing details

    • Price per square foot: $1,263/sqft
    • Tax assessed value: $658,500

    Price history

    DateEventPrice
    11/12/2020Sold$860,000+0.1%$956/sqft
    Source: Agent Provided Report a problem
    8/22/2020Pending sale$859,000$954/sqft
    Source: Compass #353427 Report a problem
    8/7/2020Listed for sale$859,000+32.2%$954/sqft
    Source: Compass #353427 Report a problem
    7/10/2020Listing removed$15,000$17/sqft
    Source: Montauk #350424 Report a problem
    4/27/2020Price change$15,000+30.4%$17/sqft
    Source: Montauk #350424 Report a problem
    3/28/2020Price change$11,500+27.8%$13/sqft
    Source: Montauk #350424 Report a problem
    3/13/2020Listed for rent$9,000-28.9%$10/sqft
    Source: Montauk #350424 Report a problem
    12/23/2019Listing removed$12,666$14/sqft
    Source: East Hampton #295346 Report a problem
    10/28/2019Listed for rent$12,666+5.5%$14/sqft
    Source: East Hampton #295346 Report a problem
    9/25/2019Listing removed$12,000$13/sqft
    Source: East Hampton #295346 Report a problem
    7/18/2019Price change$12,000-4%$13/sqft
    Source: East Hampton #295346 Report a problem
    7/4/2019Price change$12,500+17.2%$14/sqft
    Source: East Hampton #295346 Report a problem
    6/1/2019Price change$10,666-64.4%$12/sqft
    Source: East Hampton #295346 Report a problem
    4/4/2019Listed for rent$30,000+275%$33/sqft
    Source: The Corcoran Group #105492 Report a problem
    12/10/2018Listing removed$8,000$9/sqft
    Source: Saunders & Associates East Hampton Office #104434 Report a problem
    8/20/2018Price change$8,000+14.3%$9/sqft
    Source: Saunders & Associates East Hampton Office #104434 Report a problem
    5/23/2018Price change$7,000-12.5%$8/sqft
    Source: Saunders & Associates East Hampton Office #104434 Report a problem
    5/11/2018Listed for rent$8,000$9/sqft
    Source: Saunders & Associates East Hampton Office #104434 Report a problem
    5/10/2018Listing removed$650,000$722/sqft
    Source: Douglas Elliman #H100401 Report a problem
    5/9/2018Listed for sale$650,000$722/sqft
    Source: Douglas Elliman #H100401 Report a problem
    5/3/2018Sold$650,000$722/sqft
    Source: OneKey® MLS as distributed by MLS GRID #L3004187 Report a problem
    3/2/2018Pending sale$650,000$722/sqft
    Source: Douglas Elliman Real Estate #100401 Report a problem
    2/13/2018Listed for sale$650,000+400%$722/sqft
    Source: Douglas Elliman Real Estate #3004187 Report a problem
    1/11/1996Sold$130,000$144/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $658,500
    2024-- $658,500
    2023-- $658,500
    2022-- $658,500 +12.4%
    2021-- $585,900
    2020-- $585,900
    2019-- $585,900 +29.7%
    2018-- $451,600 +1%
    2017$2,095 $447,200
    2016-- $447,200
    2015-- $447,200
    2014-- $447,200
    2013-- $447,200
    2012-- $447,200 -17.2%
    2011-- $539,900 +8.7%
    2007$2,201 +12.8%$496,900 +41.9%
    2005$1,951 +15.7%$350,062 +7720.9%
    2004$1,686 +5.3%$4,476
    2003$1,602 +1.7%$4,476
    2002$1,575 +6.3%$4,476
    2001$1,481 +2%$4,476
    2000$1,452 $4,476
    Find assessor info on the county website

    Neighborhood: North Sea

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Southampton

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,136,800
    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
    $1,136,800