Discover a spectacular hidden waterfront retreat set on nearly a

swipe instructions
Tap to see more photos

Home For Sale

20 PENNY LN

Hampton Bays, New York 11946

Suffolk County

Community: 

map
$3,695,000 5 br, 5.0 bath 3140 sq. ft. 0.960 acres

Discover a spectacular hidden waterfront retreat set on nearly a full acre, where the lifestyle extends far beyond the 3,140 square feet of the main residence. A separate accessory cottage of approximately 1,000 additional square feet means this compound delivers closer to 4,100 square feet of total usable space, a distinction that sets it apart from anything comparably priced on the water. The main house was reimagined through a significant gut renovation in 2021 (building on a prior 2012 renovation), blending modern luxury with timeless Hamptons elegance throughout. The entry sets the tone with a refined mudroom-style foyer, clean, organized, and beautifully designed, flowing into an expansive gourmet kitchen, the true heart of the home. Just beyond, an elegant dining area anchored by a wood-burning fireplace opens to a soaring vaulted-ceiling living room that connects seamlessly to a covered porch overlooking the heated gunite pool and shimmering water. Two junior suites on the main level offer comfort and privacy, while the upper-level primary suite captures tranquil water views, a private balcony, and a dedicated office, also with a balcony, creating a genuinely serene work-from-home sanctuary. The lower level adds two legal bedrooms and a full laundry room, providing flexibility for guests or recreational use. A second laundry within the primary suite adds everyday convenience. The accessory cottage is a true differentiator. At roughly 1,000 square feet with a wet bar, it offers exceptional flexibility as a den, studio, gym, home office, or creative retreat, a rare bonus space that few properties at this price point can offer. Buyers will immediately recognize the possibilities. Outdoors, the property unfolds into a complete waterfront compound: a bulkheaded shoreline, a deep-water dock for boats and jet skis, a heated gunite pool, patio, fire pit, and lush, well-maintained grounds. A high-roof three-car carport adds architectural presence, and an additional barn and gardening structure offers further versatility. This is not simply a house on the water; it is a rare compound with the square footage, infrastructure, and flexibility to live like a private resorte experience it and imagine the life it makes possible.

Interior:
  • Bedrooms: 5
  • Baths: 5.0
  • Sq Ft: 3140
  • Year Built: 2002
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Baseboard, Fireplace(s), Oil
  • Garage: Garage
Exterior:
  • Lot Size: 0.960 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $30,427
  • MLS #: 11631653
Get More Info
static map
Contact Information:
Beach Home For Sale in Hampton Bays, New York
Listing Agent: Julio Izquierdo, Compass, 305-607-3075, 631-537-7700 Listing Site, Listing Status: Active
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7165022
Viewed 36 times.
Updated: Jan 15, 2026

This property is a Home located at 20 PENNY LN, Hampton Bays, New York 11946, and is currently For Sale at $3,695,000. This Home has 5 bedrooms, 5.0 baths, 3140 sq ft.