This extraordinary East Hampton property presents an unparalleled opportunity for both immediate enjoyment and future development. Offering a rare combination of comfort and potential, the residence boasts a Certificate of Occupancy, allowing you to move in or rent out right away. Set on a sprawling 0.7 acre+/- lot, this beautifully maintained 1,600 SF+/- home is within walking distance to the serene Three Mile Harbor, providing a perfect balance of tranquility and convenience.Designed with 3 spacious bedrooms and 3 luxurious bathrooms, the home is ready for your family to settle in immediately. However, with exclusive plans from a renowned architect and builder available upon request, this property offers exciting possibilities for a transformative renovation or rebuild, allowing you to create your dream oasis tailored to your vision of luxury and sophistication. For those seeking an even more elevated lifestyle, a stunning gunite pool can be installed and ready for summer relaxation at the buyer's request (see pool rendering). Whether you're looking for a place to enjoy now or a project to reimagine, this property offers flexibility in one of East Hampton's most sought-after areas.Situated in the highly coveted area of East Hampton, this property represents the best of both worlds—an exceptional home to enjoy now and the perfect canvas for future expansion.Located just 4.3 miles+/- from East Hampton Village, this property provides easy access to beaches, parks, marinas, and local attractions, offering a perfect balance of peaceful living and vibrant cultural spots. Close to Peconic Bay beaches, Round Swamp Farms, Sà Sà Mediterranean, and the East Hampton Golf Club, the location is ideal for a true Hamptons lifestyle.The current home features an open layout with abundant natural light and seamless indoor-outdoor flow. Sliding glass doors open to a spacious wood deck, connecting to the surrounding landscape. Hardwood floors, recessed lighting, and generously sized rooms create a comfortable living space that can be expanded or reconfigured to suit your needs.The first level includes a welcoming entry foyer, an eat-in kitchen with a countertop bar, a breakfast area, and a living room that opens directly to the wood deck for effortless indoor-outdoor living. The main level also features 3 guest bedrooms and 2 bathrooms, providing a solid foundation for renovation and expansion.The lower level offers additional space ideal for a media or entertainment area, complete with a bathroom for convenience. Whether you choose to renovate or develop new living areas, this space adds value to the existing structure.The exterior of the property is equally inviting, with a wood deck perfect for outdoor dining and entertaining. Expansive lawn space and specimen trees create a peaceful atmosphere, with room to add a pool and elevate the property further. The existing outdoor spaces offer excellent potential for expansion or the creation of new outdoor living areas as part of your redevelopment.This property presents a rare opportunity to redevelop a prime East Hampton parcel, offering unlimited potential. With the option to fully renovate and expand the existing home or pursue a complete redevelopment, this spacious lot provides the ideal ca
For sale
$1,695,000
348 Three Mile Harbor Hc Rd, East Hampton, NY 11937
3beds
1,600sqft
Single Family Residence
Built in ----
0.7 Acres Lot
$-- Zestimate®
$1,059/sqft
$-- HOA
What's special
Recessed lightingExpansive lawn spaceWelcoming entry foyerGenerously sized roomsSeamless indoor-outdoor flowBreakfast areaHardwood floors
- 37 days |
- 240 |
- 9 |
Zillow last checked: 8 hours ago
Listing by:
Parallel Real Estate 631-726-0840,
Daniel Olivo - Real Estate Sales Person 631-767-9013
Source: Out East,MLS#: 386814
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Laundry
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: None
Features
- Pool features: Room for a Pool
Lot
- Size: 0.7 Acres
Details
- Parcel number: 0300075000200009001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
Community & HOA
Location
- Region: East Hampton
Financial & listing details
- Price per square foot: $1,059/sqft
- Tax assessed value: $5,200
- Date on market: 11/26/2025
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$7,696/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Listed for sale | $1,695,000$1,059/sqft |
Source: Out East #386814 Report a problem | ||
| 6/19/2025 | Listing removed | $1,695,000$1,059/sqft |
Source: Out East #386814 Report a problem | ||
| 2/28/2025 | Listed for sale | $1,695,000+78.4%$1,059/sqft |
Source: Out East #386814 Report a problem | ||
| 7/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/1/2023 | Price change | $40,000+60%$25/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $5,200 |
| 2023 | -- | $5,200 |
| 2022 | -- | $5,200 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Springs
Nearby schools
GreatSchools rating
- 6/10Springs SchoolGrades: PK-8Distance: 1.1 mi
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