Available
Prime 4.8 Acre Development Opportunity – Southampton Gold Coast
$4.600.000
Description
Prime 4.8 Acre Development Opportunity – Southampton Gold Coast
Asking Price: $4,600,000 (Negotiable)
Land Size: 4.8 Acres
Current Taxes: $28,000
A rare opportunity to acquire 4.8 acres of prime residential land in Southampton, located in one of Long Island’s most prestigious luxury markets. Large parcels of this size are increasingly scarce, making this an outstanding opportunity for developers, builders, or investors looking to create a luxury estate subdivision.
The property currently features a 3,400 square foot home with a fully built-in pool, allowing a buyer to generate rental income while pursuing subdivision approvals. Southampton permitting and subdivision approvals typically take approximately 12–18 months, making the existing residence a valuable holding asset during the entitlement process.
Preliminary development concepts suggest the property could potentially be subdivided into:
• Four estate lots approximately 1.1 acres each, suitable for luxury Hamptons-style estates
• Five residential lots approximately ¾ acre each, depending on final approvals and planning
This flexibility allows a developer to create a private enclave of luxury homes in one of the Hamptons’ most desirable markets.
The surrounding area is known for high-end estates, proximity to beaches, and strong long-term appreciation, making this property an ideal luxury development opportunity.
Key Highlights
• 4.8 acre Southampton development site
• Existing 3,400 SF residence with in-ground pool
• Ability to rent home while pursuing subdivision approvals
• Potential for 4 luxury estate lots or 5 residential parcels (subject to approvals)
Important Terms
• No subject-to contracts will be accepted
• Buyers must perform their own due diligence regarding subdivision and zoning approvals
Offered by East Coast Realty Services LLC
Doing Business As East Coast Realty Partners
Broker: Henry Galasso
Overview
Property ID:
12695
Type:
Business With Real Estate
Featured properties
The Most Recent Estate
$0
Featured
Available
Business With Real Estate
Nassau, New York
12716
Turn-key, highly profitable pastry shop with strong local reputation and loyal repeat customer baseFinancials: $500K gross sales | $225K net incomeAsk...
$399.000
Featured
Available
Business With Real Estate
Passaic, New Jersey
12712
Rare opportunity to acquire a New Jersey Plenary Retail Consumption (Type 33) liquor license in a high-demand North Jersey market. Type 33 licenses au...
$375.000
Featured
Available
Business With Real Estate
Bronx, New York
12710
Established Produce Market – High Traffic Location in the BronxAsking Price: $400,000 + Inventory + Security Deposit Annual Net Income: $210,000Busin...
$400.000
Featured
Available
Business With Real Estate
Keen, New Hampshire
12709
Iconic Restaurant for Sale – Carroll County, NH | $5M+ Revenue | 100% Absentee Owned | $1M+ Owner EarningsThe OpportunityThis is the kind of listing t...
$7.425.000
Available
Business With Real Estate
Nassau, New York
12707
Underperforming Deli with Strong History & Clear Path to RecoverySeller Motivated – Entertaining All Reasonable OffersThis is a value-add opportunity...
$150.000
Available
Business With Real Estate
Capitol Planning Region, Connecticut
12704
Well-established and highly regarded liquor store located in a prime retail corridor of Cheshire, CT. This business has built a strong reputation as a...
$450.000
Available
Business With Real Estate
Queens, New York
12703
Turnkey, fully built-out panini restaurant with attached beverage bar and full liquor license — asset sale. Priced at $300,000, this move-in-ready loc...
$300.000
Available