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For sale
  • $2,200,000

    718 Montauk Hwy, East Quogue, NY 11942

    8beds
    4,059sqft
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    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
    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.
    11 days
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    477
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    27
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    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

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      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

        DateEventPrice
        6/27/2026Listed for rent$7,000-72%$2/sqft
        Source: Zillow Rentals Report a problem
        6/27/2026Listing removed$25,000$6/sqft
        Source: Zillow Rentals Report a problem
        6/12/2026Price change$25,000-54.5%$6/sqft
        Source: Zillow Rentals Report a problem
        10/31/2025Listed for rent$55,000$14/sqft
        Source: Zillow Rentals Report a problem
        5/6/2025Listing removed$55,000$14/sqft
        Source: Zillow Rentals Report a problem
        11/27/2024Listed for rent$55,000+900%$14/sqft
        Source: Zillow Rentals Report a problem
        7/1/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/18/2024Listed for rent$5,500-70%$1/sqft
        Source: Zillow Rentals Report a problem
        5/18/2024Listing removed--
        Source: Zillow Rentals Report a problem
        10/10/2023Listed for rent$18,333+233.3%$5/sqft
        Source: Zillow Rentals Report a problem
        3/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/14/2023Listed for rent$5,500+37.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/28/2020Listing removed--
        Source: Owner Report a problem
        12/5/2020Price change$4,000-81.8%$1/sqft
        Source: Owner Report a problem
        7/9/2020Price change$22,000-26.7%$5/sqft
        Source: Westhampton Beach #352800 Report a problem
        7/6/2020Listed for rent$30,000+25%$7/sqft
        Source: Westhampton Beach #352800 Report a problem
        5/24/2018Listing removed$24,000$6/sqft
        Source: Douglas Elliman Real Estate Westhampton Beach Office #62828 Report a problem
        11/7/2017Listed for rent$24,000$6/sqft
        Source: Westhampton Beach Office #62828 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11942

        Getting around

        38 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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