LISTING IS FOR 6 HOMES AND .77 VACANT LAND!An exceptional opportunity to own a one-of-a-kind waterfront estate featuring 6 income-producing residences plus an adjoining nearly one-acre buildable lot, offering tremendous potential to expand the rental portfolio or create a spectacular multigenerational compound.The property includes two Bayfront homesone offering 4 bedrooms and 3 bathrooms, the other has 3 bedrooms and 1.5 bathroomsalong with four additional cottages, including two 2-bedroom cottages and two 1-bedroom cottages. The adjacent buildable parcel presents endless possibilities, whether for a custom waterfront residence, additional income-producing opportunities, or the ultimate private estate. A rare investment with multiple revenue streams, redevelopment potential, and breathtaking waterfront setting.Please do not go on the property without a scheduled appointment.
| MLS # | 1029909 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 54 |
| Listing Provided By | Douglas Elliman Real Estate | Patricia Salegna |
| Bed(s) | 13 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 4,514 |
| Garage | 1 |
| Basement | Y |
| Acreage | 1.43 |
| Water Front | Yes |
| Cooling | Ductless, Multi Units |
|---|---|
| Heating | Electric, Other |
| Interior Features | Other |
| Appliances | Other |
| Construction Materials | Frame |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway |
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Sewer | Septic Tank |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 150000 |
| Tax Annual Amount | 32550.34 |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Jamesport |
| Zip Code | 11947 |
| School District | Riverhead Senior High School |
| Elementary School | Aquebogue Elementary School |
| High School | Riverhead Senior High School |
| Listing VS Median (in 11947) | |
Price: $5,750,000 low | high Med: $814,750 sqft: 4,514 low | high Med: 1,532 $ / sqft: $1,274 low | high Med: $553 On site: 54 low | high Med: 102.5 | |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Jamesport |
| Zip Code | 11947 |
| School District | Riverhead Senior High School |
| Elementary School | Aquebogue Elementary School |
| High School | Riverhead Senior High School |
| Listing VS Median (in 11947) | |
Price: $5,750,000 low | high Med: $814,750 sqft: 4,514 low | high Med: 1,532 $ / sqft: $1,274 low | high Med: $553 On site: 54 low | high Med: 102.5 | |