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For Sale

$10,500,000

31 & 33 North Main Street
East Hampton, NY 11937

Bathroom 15.5 ba
Sqft 11,000 sqft
Situated in the heart of East Hampton Village, the Mill House Inn showcases an eclectic mix of Hamptons' "Shingle-Style" architecture. Originally constructed in the late 18th century, the 6,000 SF main house has been accommodating guests since the early 1900s. Adjacent to and complimenting the Inn is the 4,000 SF home referred to as the 'back house.' 31 and 33 North Main Street are contiguous parcels totaling just over 11,000 SF on 1.14 Acres, each with its own Certificate of Occupancy. Although classic in style, this assemblage of structures has undergone expansion and major renovation multiple times over the past 130 years. What does remain of the original Parsons 1790 Cape Cod 'Saltbox' and the Lynch 1890 expansion that resulted in the Gambrel-style home at 31 North Main Street is the historical integrity of the property. History recounts the story of this dwelling's past - taking in boarders, serving meals, providing space for meetings and serving as a house of worship. In 2002 MHI acquired the contiguous property at 33 North Main Street. With only a short window of time for construction, guest suites were opened for the 2002 summer season. In 2005, 33 North Main Street was completely gutted and rebuilt. Spacious living quarters with mahogany decks, wet bars, fireplaces, plus spa-style bathrooms with double air baths plus glass, marble & slate double showers were the focus of this rebuild. A 2,000 SF addition to the back house resulted in three new apartments which may well comprise the nicest Staff Quarters in the Lodging Industry. At the same time, the Innkeepers' quarters at 31 North Main Street were converted into 2 more MHI-Style Suites. The Mill House Inn is truly the 'Heart of the Hamptons.' With its central location in East Hampton Village and pinch-worthy proximity to world-class dining, shopping, entertainment, and beaches; there is little doubt that the geography supports this fact. Along with 'location, location, location,' the Inn's unique Read More

Market Status
Available
Last Updated
August 4, 2022

Property Type
Commercial Property
Year Built
1790
Baths
15 full BA; 1 ½BA
Stories
3
Basement
-
Heating System
Forced Air
Roof
Asphalt
Stories
3.0
Central Air
-
Exterior Construction
Cedar Siding
Garage
-
Floors
Carpet; Hardwood
Taxes
45539
Property Type
Commercial; Commercial
Kitchen
-
Additional Areas
Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath

Local Market Conditions

There are currently 111 properties for sale in the East Hampton, NY area with the average listing price of $4,088,707. This represents a decrease of -4.1% over the previous week. The 4 bedroom homes saw the largest decrease in the average listing price over the previous week with a -2.2% decrease. To learn more about the East Hampton, NY area, contact a local expert!

Market Snapshot for East Hampton, NY

Avg. Listing Price

$4,088,707

Wk ending Aug 6

$-174,289

-4.1%

w-o-w

111

40

22

8

6

2

Average Listing Price for East Hampton, NY
No. BedroomsNo. Beds Week Ending
(Aug 6)
w-o-w Week Ending
(Jul 30)
Week Ending
(Jul 23)
Week Ending
(Jul 9)
All PropertiesAll $4,088,707 -4.1% $4,262,996 $4,297,643 $4,121,336
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $1,711,875 +2.5% $1,670,625 $1,822,857 $1,901,187
3 bedrooms3 BR $1,860,154 +1.2% $1,838,250 $1,749,479 $1,692,250
4 bedrooms4 BR $2,731,129 -2.2% $2,792,932 $2,700,243 $2,614,001

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Listing Provided By:

Sarah Minardi

Saunders & Associates - East Hampton Office

Phone
This $10,500,000 Commercial Property at 31 & 33 North Main Street in East Hampton, NY is offered by Sarah Minardi. This $10,500,000 Commercial Property, located in the 11937 zip code, has the following property features: Basement, Taxes, Central Air, Additional Areas. This 31 & 33 North Main Street Commercial Property is listed under MLS listing number 11063537, 16 baths, and has a listing price of $10,500,000. You can find more East Hampton homes for sale here.

Copyright © 2022 NY State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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