An exceptional chance to own a 62-room hotel in the heart of Southampton, ideally located just minutes from world-class shops, renowned restaurants, and pristine ocean beaches. This well-maintained property offers a full suite of guest amenities, including a spacious pool, bar, and tennis courts-making it a sought-after destination for visitors year-round. Approved redevelopment plans are in place and ready for finalization, offering significant upside potential for investors or hospitality operators looking to reimagine and elevate the experience. This includes a spa, 72 seat restaurant / bar, and 60 hotel rooms. Whether you're expanding a portfolio or launching a flagship property, this is a rare opportunity to invest in one of the Hamptons' most iconic and high-demand locations.
| MLS # | 1039059 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 28 |
| Listing Provided By | Brown Harris Stevens Hamptons | Anthony C. Cerio |
| SQ Feet | 30,736 |
|---|---|
| Building(s) | 2 |
| Acreage | 4.10 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Other |
| Construction Materials | Block |
|---|
| Utilities | Cable Connected, Electricity Connected |
|---|---|
| Sewer | Cesspool |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 3516500 |
| Tax Annual Amount | 30879.1 |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Southampton |
| Zip Code | 11968 |
| Listing VS Median (in 11968) | |
Price: $26,999,000 low | high Med: $1,500,000 sqft: 30,736 low | high Med: 2,156 $ / sqft: $878 low | high Med: $696 On site: 28 low | high Med: 89 | |
| State | NY |
|---|---|
| County | Suffolk County |
| City | Southampton |
| Zip Code | 11968 |
| Listing VS Median (in 11968) | |
Price: $26,999,000 low | high Med: $1,500,000 sqft: 30,736 low | high Med: 2,156 $ / sqft: $878 low | high Med: $696 On site: 28 low | high Med: 89 | |