72 Bay Avenue W

Hampton Bays, NY 11946

Set on a beautifully cleared, uniquely spacious 0.99-acre property, this recently renovated 3-bedroom, 3-bathroom home offers the rare combination of move-in-ready living and exceptional long-term upside. The 2,454 +/- SF home is thoughtfully laid out with multiple living areas, creating an easy, comfortable flow for both everyday living and entertaining. The main level features two well-placed bedrooms, while the private second-floor primary suite is set apart from the rest of the home and complete with a spa-like ensuite bath, heated floors, a sauna, and a steam shower. Step outside to a true Hamptons setting with an expansive deck, awning, and a large heated pool. The oversized detached two-car garage doubles as a pool cabana with a full bath, offering excellent potential for enhancement or expanded use. The open lower level provides additional flexibility, ideal for a future media room, gym, or recreation space. What truly sets this property apart is the extraordinary upside. The parcel presents a rare opportunity to subdivide into two half-acre lots, with the process already underway and key steps completed, offering the option to build a second home, create a compound, or sell the additional lot in an area where land is increasingly scarce. Located in an A+ Hampton Bays setting, you're approximately 2.5 miles from Ponquogue Beach, moments from Hampton Coffee Company, and surrounded by top waterfront dining, including Amalfi Coastal Kitchen & Cocktails, Whales Tale, Oaklands Restaurant & Marina, and Sundays on the Bay. With strong rental demand in the immediate area and nearby homes achieving premium seasonal rates, this property is equally compelling as a primary residence, summer retreat, or income-producing investment. A rare chance to own a turnkey Hamptons home today-with built-in upside for tomorrow.

Listing courtesy of Saunders West LLC vp@saunders.com


Based on information submitted to the MLS GRID as of 2026-11-06 02:19 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.