172 Bay Avenue E, Hampton Bays, NY 11946

$1,395,000 · 3 bed · 2 bath · 1,282 sq ft · built 1991 · MLS# 1032587 · Active

Nestled in one of Hampton Bays' most coveted bayfront neighborhoods, this charming 3-bedroom, 2-bath beach house offers a rare opportunity to enjoy the Hamptons coastal lifestyle today while creating even greater value for tomorrow. Set on an expansive 0.67-acre parcel just moments from the shoreline, the property is surrounded by waterfront homes and enjoys effortless access to the bay, nearby beaches, boating, and waterfront dining. The existing home is warm, welcoming, and perfectly suited for immediate enjoyment as a summer getaway or year-round residence, while the oversized lot offers exceptional…

Single-family homes in the Hampton Bays Union Free School District sold for a median of $1,000,000 (typically $850,000–$1,500,000) across 134 recorded sales between Oct 6, 2025 and Oct 2, 2026, up 14.9% on the 12 months before. This home's $1,395,000 list price sits in the upper single-family tier for the Hampton Bays Union Free School District.

At about $9,674 a year, this home's property tax runs roughly 21% above the $8,000 typical for Hampton Bays Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax