Welcome to a rare and exceptional opportunity in the heart of the Hamptons. Situated on Montauk Highway, this one-of-a-kind mixed use compound offers unmatched visibility and is centrally nestled between Water Mill and Bridgehampton. The property is comprised of three separate buildings, each with unique charm and utility: A 1,600sf, two-story structure featuring ground-floor retail and second-floor office space with 1-full bathroom and 1-half bathroom - rented through 12/31/2028A 2,500sf, two-story barn/showroom, currently available for rent, showcasing expansive open-plan space with a full bathroom, ideal for a gallery, studio or showroom offered at $135,000 for the year.A standalone 475sf retail building, adding to the compound's flexibility for multiple tenants or complementary businesses for $35,000 for the year. The compound boasts 2-ample, paved parking areas, including a lined parking lot with 9 dedicated spots, providing rare and valuable off-street parking for employee or clients. Whether you're looking to establish your flagship location or expand your presence in one of the East End's most affluent corridors, this property delivers both character and commercial potential.
House for rent
$11,250/mo
103 Hayground Rd, Water Mill, NY 11976
1beds
4,650sqft
Price may not include required fees and charges.
Singlefamily
Available now
Central air
None parking
What's special
Second-floor office spaceExpansive open-plan space
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Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 12:22pm
Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & a competitive APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Office
Cooling
- Central Air
Interior area
- Total interior livable area: 4,650 sqft
Property
Parking
- Parking features: Contact manager
- Details: Contact manager
Features
- Stories: 2
- Exterior features: Architecture Style: traditional, Broker Exclusive
Details
- Parcel number: 0900084000100045000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SingleFamily
Condition
- Year built: 2008
Community & HOA
Location
- Region: Water Mill
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Listed for rent | $11,250+87.5%$2/sqft |
Source: Zillow Rentals | ||
| 11/5/2025 | Listing removed | $2,750,000$591/sqft |
Source: Out East #387931 | ||
| 9/5/2025 | Pending sale | $2,750,000$591/sqft |
Source: Out East #387931 | ||
| 5/9/2025 | Price change | $2,750,000-8.3%$591/sqft |
Source: Out East #387931 | ||
| 4/21/2025 | Listing removed | $6,000$1/sqft |
Source: Zillow Rentals | ||

