87 Gould Street, East Hampton, NY 11937

$2,875,000 · 4 bed · 3 bath · 2,765 sq ft · built 1992 · MLS# 946764 · Active

East Hampton Village Lane Opportunity Set on a coveted Village Lane in East Hampton, this residence presents a rare opportunity to own a home with exceptional bones in one of the area's most desirable settings. Move right in and enjoy it as is, the house also offers a true blank canvas for a buyer with vision-ideal for renovation or thoughtful re-imagining to suit a modern Hamptons lifestyle. The home is distinguished by its generously proportioned rooms and a flexible, well-designed layout. As you enter you are presented with a double…

Single-family homes in the East Hampton Union Free School District sold for a median of $2,450,000 (typically $1,700,000–$3,450,000) across 54 recorded sales between Nov 3, 2025 and Sep 30, 2026, up 16.7% on the 12 months before. This home's $2,875,000 list price sits in the upper single-family tier for the East Hampton Union Free School District.

ZIP 11937 has about 12.9 months of single family inventory — strong buyer's market. A heavily oversupplied market — buyers hold the upper hand, and sellers often offer price cuts or concessions to compete.

At about $11,452 a year, this home's property tax runs roughly 27% above the $9,000 typical for East Hampton 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