A rare and compelling opportunity to create a private Hamptons estate in one of Wainscott's most coveted and serene locations. Set on approximately one-third of an acre and discreetly positioned between larger estate holdings, this property offers exceptional potential for transformation, expansion, and long-term value. The existing Victorian cottage is rich in character and surrounded by mature specimen trees, established perennial gardens, and winding paths that evoke a timeless, almost storybook setting. Located less than a mile from Beach Lane and some of the area's most pristine ocean beaches, the property seamlessly blends privacy, charm, and proximity. Offered for the first time in over three decades, the residence presents a unique canvas for the discerning buyer. With the ability to refurbish and expand the current structure to approximately 2,500 square feet, as well as incorporate a pool (subject to approvals), the opportunity exists to reimagine the property into a refined Hamptons retreat. The current home features two bedrooms, one bath, a full basement, attic, and a gracious front parlor and porch. Preserved in largely original condition, it is being offered "as is" and invites a visionary approach to restoration or redevelopment. This is a property defined by location, privacy, and untapped potential-an exceptional offering for those seeking to create something truly special in the Hamptons.
For sale
Price cut: $500K (8/23)
$3,995,000
8 Wainscott Stone Rd, Wainscott, NY 11975
2beds
1,500sqft
Single Family Residence
Built in 1880
0.38 Acres Lot
$3,665,600 Zestimate®
$2,663/sqft
$-- HOA
What's special
Established perennial gardensFull basementOne bathTwo bedrooms
- 163 days
- 639
- 36
Zillow last checked:
Listed by:
Sotheby's International Realty,
Michael Memon - Real Estate Sales Person 917-890-2372
Source: Out East,MLS#: 394974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Parking features: None
Features
- Stories: 2
- Pool features: Room for a Pool
Lot
- Size: 0.38 Acres
Details
- Parcel number: 0300200000300004000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1880
Community & HOA
Location
- Region: Wainscott
Financial & listing details
- Price per square foot: $2,663/sqft
- Tax assessed value: $5,750
- Date on market: 4/16/2026
- Lease term: Contact For Details
Estimated market value
$3,665,600
$3.45M - $3.85M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2026 | Price change | $3,995,000-11.1%$2,663/sqft |
Source: Out East #394974 Report a problem | ||
| 7/3/2026 | Price change | $4,495,000-10%$2,997/sqft |
Source: Out East #394974 Report a problem | ||
| 5/11/2026 | Price change | $4,995,000-9.1%$3,330/sqft |
Source: Out East #394974 Report a problem | ||
| 4/16/2026 | Listed for sale | $5,495,000$3,663/sqft |
Source: Out East #394974 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $5,750 |
| 2024 | -- | $5,750 |
| 2023 | -- | $5,750 |
| 2022 | -- | $5,750 |
| 2021 | -- | $5,750 |
| 2020 | -- | $5,750 |
| 2019 | -- | $5,750 |
| 2018 | -- | $5,750 |
| 2017 | $3,033 | $5,750 |
| 2016 | -- | $5,750 |
| 2015 | -- | $5,750 |
| 2014 | -- | $5,750 |
| 2013 | -- | $5,750 |
| 2012 | -- | $5,750 |
| 2011 | -- | $5,750 |
| 2007 | $2,611 +15.2% | $5,750 |
| 2005 | $2,266 +4% | $5,750 |
| 2004 | $2,180 -0.2% | $5,750 |
| 2003 | $2,184 +1.5% | $5,750 |
| 2002 | $2,151 | $5,750 |
Find assessor info on the county website





