Ad #7165022
MLS #11631653
Discover a rare waterfront compound designed for the way people
20 Penny Ln, Hampton Bays, NY 11946
$3,495,000
5Beds
5Baths
4,258Sqft
0.96Acres
About this property
Discover a rare waterfront compound designed for the way people truly live in the Hamptons, centered around the water, the outdoors, and effortless gathering with family and friends. Set on nearly a full acre with deep-water dockage, expansive lawns, a heated gunite pool, and multiple structures, 20 Penny Lane offers a waterfront and boating lifestyle rarely found at this price point. Originally renovated and expanded over time, the home blends relaxed coastal comfort with thoughtfully designed living spaces oriented toward the water. The heart of the home is an expansive gourmet kitchen that flows seamlessly into the dining area with wood-burning fireplace and a dramatic vaulted living room filled with natural light. Large glass doors open to a covered porch overlooking the pool, lawn, dock, and open water beyond, creating an easy indoor-outdoor lifestyle throughout the seasons. The upper-level primary suite serves as a peaceful private retreat with water views, its own balcony, and a dedicated office or sitting room with an additional balcony overlooking the property. Two guest suites on the main level provide comfort and privacy for family and visitors, while the lower level offers additional flexible guest accommodations, recreation space, and a full laundry room. A second laundry area within the primary suite adds everyday convenience. A separate cottage of approximately 1,000 square feet adds exceptional versatility to the propertyplete with a wet bar, it functions beautifully as a guest lounge, media room, studio, gym, home office, or creative retreat, a true bonus space that expands how the property can be enjoyed. Outside, the property unfolds into a complete Hamptons waterfront experience. The bulkheaded shoreline and deep-water dock accommodate boats and water toys with ease, while the heated gunite pool, fire pit, covered porch, and sprawling lawn create an ideal setting for entertaining or quiet afternoons by the water. A striking three-car carport, additional barn structure, and mature landscaping complete the compound. Whether your ideal summer revolves around boating, paddle boarding, sunset dinners by the pool, or simply escaping the crowds for a more relaxed waterfront lifestyle, 20 Penny Lane offers a rare opportunity to enjoy the Hamptons from the water outward.
Property Features
5 Beds
5 Baths
4,258 Sqft
Built in 1972
0.96 Acres
2 Stories
Has Fireplace
Baseboard, Oil
$32,097 / yr property tax
Suffolk County
Additional Photos
Contact Information
Julio Izquierdo
Compass
212-913-9058
Location
Listing Agent: Julio Izquierdo 212-913-9058
Broker: Compass 212-913-9058 Listing Site
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.
Broker: Compass 212-913-9058 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026
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$3,495,000
5
Beds
5
Baths
4,258
Sqft
20 Penny Ln, Hampton Bays, NY 11946
By contacting this agent you agree to these Terms and Conditions.
MLS# 11631653
Discover a rare waterfront compound designed for the way people
$3,495,000
20 Penny Ln, Hampton Bays, NY 11946
5
Beds
5
Baths
4,258
Sqft
0.96
Acres
$3,495,000
20 Penny Ln, Hampton Bays, NY 11946
5 Beds
5 Baths
4,258 Sqft
0.96 Acres
Discover a rare waterfront compound designed for the way people truly live in the Hamptons, centered around the water, the outdoors, and effortless gathering with family and friends. Set on nearly a full acre with deep-water dockage, expansive lawns, a heated gunite pool, and multiple structures, 20 Penny Lane offers a waterfront and boating lifestyle rarely found at this price point. Originally renovated and expanded over time, the home blends relaxed coastal comfort with thoughtfully designed living spaces oriented toward the water. The heart of the home is an expansive gourmet kitchen that flows seamlessly into the dining area with wood-burning fireplace and a dramatic vaulted living room filled with natural light. Large glass doors open to a covered porch overlooking the pool, lawn, dock, and open water beyond, creating an easy indoor-outdoor lifestyle throughout the seasons. The upper-level primary suite serves as a peaceful private retreat with water views, its own balcony, and a dedicated office or sitting room with an additional balcony overlooking the property. Two guest suites on the main level provide comfort and privacy for family and visitors, while the lower level offers additional flexible guest accommodations, recreation space, and a full laundry room. A second laundry area within the primary suite adds everyday convenience. A separate cottage of approximately 1,000 square feet adds exceptional versatility to the propertyplete with a wet bar, it functions beautifully as a guest lounge, media room, studio, gym, home office, or creative retreat, a true bonus space that expands how the property can be enjoyed. Outside, the property unfolds into a complete Hamptons waterfront experience. The bulkheaded shoreline and deep-water dock accommodate boats and water toys with ease, while the heated gunite pool, fire pit, covered porch, and sprawling lawn create an ideal setting for entertaining or quiet afternoons by the water. A striking three-car carport, additional barn structure, and mature landscaping complete the compound. Whether your ideal summer revolves around boating, paddle boarding, sunset dinners by the pool, or simply escaping the crowds for a more relaxed waterfront lifestyle, 20 Penny Lane offers a rare opportunity to enjoy the Hamptons from the water outward.
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Property Details
HOME DETAILS
5 Beds
5 Baths
4,258 Sqft
Built in 1972
0.96 Acres
2 Stories
INTERIOR
Has Fireplace
Baseboard, Oil
FINANCIAL & COMMUNITY
$32,097 / yr property tax
Suffolk County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7165022
Viewed
131 times
Listing Status
Active
Added
Jan 15, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
My State MLS
Source Property ID
11631653
Listing Agent: Julio Izquierdo 212-913-9058
Broker: Compass 212-913-9058 Listing Site
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.
Broker: Compass 212-913-9058 Listing Site
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.
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