Discover a rare and versatile multi-residence compound in the heart of East Quogue, offering exceptional investment potential and a proven history of rental income. Whether you're seeking a lucrative income-producing property, a private family retreat, or a combination of both, this unique offering presents endless possibilities. The centerpiece of the property is a charming farmhouse filled with generous living space. Once a popular Bed and Breakfast from the 1900's, "The Morgan Tourister", the home comfortably accommodates you and your guests, featuring five bedrooms, a living room, formal dining room, spacious eat-in country kitchen, den, and expansive outdoor areas. Unwind and enjoy peaceful afternoons on the inviting wraparound porch overlooking the property's beautiful grounds. Complementing the main residence are two separate one-bedroom cottages and an attached studio, each with its own private yard area, providing ideal accommodations for guests and tenants. Rental permits are already in place, making this a turnkey opportunity for immediate income generation. The grounds offer ample parking, abundant outdoor entertaining areas, and room for a pool, creating even more opportunities to enhance and personalize the estate. Bordering a picturesque 35-acre tree farm and ideally situated on the Quogue border, this desirable location is just moments from East Quogue's charming shops, restaurants, ocean beaches, train service, Hampton Jitney stops, and less than two hours from New York City. A truly unique opportunity to own a multi-residence compound with established rental history, bordering beautiful open space, in one of the Hamptons' most sought-after locations.
For sale
$2,200,000
718 Montauk Hwy, East Quogue, NY 11942
8beds
4,059sqft
Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$542/sqft
$-- HOA
What's special
Charming farmhousePrivate yard areaAmple parkingAbundant outdoor entertaining areasBeautiful groundsExpansive outdoor areasTwo separate one-bedroom cottages
- 63 days
- 376
- 18
Zillow last checked:
Listed by:
Douglas Elliman Real Estate 631-288-6244,
Geraldine Wyman - Real Estate Sales Person 631-525-2227
Source: Out East,MLS#: 396582
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Family Room, Office
Features
- Basement: Yes
- Has fireplace: Yes
Interior area
- Total structure area: 4,059
- Total interior livable area: 4,059 sqft
Property
Parking
- Parking features: None
Features
- Stories: 2
- Pool features: Room for a Pool
Lot
- Size: 0.92 Acres
Details
- Parcel number: 0900339000100004000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1909
Community & HOA
Location
- Region: East Quogue
Financial & listing details
- Price per square foot: $542/sqft
- Tax assessed value: $691,200
- Date on market: 6/27/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$7,753/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for rent | $25,000+257.1%$6/sqft |
Source: OneKey® MLS as distributed by MLS GRID #932146 Report a problem | ||
| 8/1/2026 | Listing removed | $7,000$2/sqft |
Source: Zillow Rentals #371490 Report a problem | ||
| 6/27/2026 | Listed for rent | $7,000-72%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/27/2026 | Listing removed | $25,000$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2026 | Price change | $25,000-54.5%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2025 | Listed for rent | $55,000$14/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Listing removed | $55,000$14/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listed for rent | $55,000+900%$14/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/18/2024 | Listed for rent | $5,500-70%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/10/2023 | Listed for rent | $18,333+233.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/14/2023 | Listed for rent | $5,500+37.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/28/2020 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/5/2020 | Price change | $4,000-81.8%$1/sqft |
Source: Owner Report a problem | ||
| 7/9/2020 | Price change | $22,000-26.7%$5/sqft |
Source: Westhampton Beach #352800 Report a problem | ||
| 7/6/2020 | Listed for rent | $30,000+25%$7/sqft |
Source: Westhampton Beach #352800 Report a problem | ||
| 5/24/2018 | Listing removed | $24,000$6/sqft |
Source: Douglas Elliman Real Estate Westhampton Beach Office #62828 Report a problem | ||
| 11/7/2017 | Listed for rent | $24,000$6/sqft |
Source: Westhampton Beach Office #62828 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $691,200 |
| 2024 | -- | $691,200 |
| 2023 | -- | $691,200 |
| 2022 | -- | $691,200 |
| 2021 | -- | $691,200 |
| 2020 | -- | $691,200 |
| 2019 | -- | $691,200 +16.1% |
| 2018 | -- | $595,400 |
| 2017 | $8,490 | $595,400 |
| 2016 | -- | $595,400 |
| 2015 | -- | $595,400 |
| 2014 | -- | $595,400 |
| 2012 | -- | $595,400 -10% |
| 2007 | $6,915 +15.3% | $661,400 +51.5% |
| 2005 | $5,997 +10.2% | $436,500 +5533.7% |
| 2004 | $5,440 +4.8% | $7,748 +0.2% |
| 2003 | $5,190 +4.9% | $7,732 |
| 2002 | $4,948 +2.7% | $7,732 +0.2% |
| 2001 | $4,816 +4.9% | $7,720 |
| 2000 | $4,591 | $7,720 |
Find assessor info on the county website





