LISTING IS FOR 6 HOMES AND.


Property

Website:https://www.nestseekers.com/5657290
Address:
Riverhead, NY 11947
Ownership: For Sale
Type: Single Family
Rooms: 13
Bedrooms: 13 BR
Bathrooms:
Lot Size: 1.4 Acres

Financials

Price:$5,750,000
Annual Taxes:$32,550.34

Description

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 homes—one offering 4 bedrooms and 3 bathrooms, the other has 3 bedrooms and 1.5 bathrooms—along 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 walk the property without a scheduled appointment and accompaniment by the listing agent.

Amenities

  • Bayfront
  • Beach Front
  • Bulkhead
  • Electricity Connected
  • Other
  • Water Connected
  • Waterfront Property

Contact

25 Nugent Street, Southampton, NY 11968, USA
Listing Courtesy of Douglas Elliman Real Estate