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Waterfront Hampton Bays home with 4,800 square feet asking $5M

On more than an acre of land

All photos, Corcoran

Built in 2002, the waterfront home at 27 Cormorant Drive in Hampton Bays just went on the market for $4,995,000 with listing agent Gary DePersia of Corcoran Group Real Estate. The 1.26-acre property was last sold in 1998 for $325,000.

The home has 4,800 square feet, five bedrooms, six and a half bathrooms, an eat-in kitchen, a screened-in dining porch, a steam shower and private porch in the master bathroom, and a finished lower level with a gym and wine cellar. Outside, there’s a heated gunite pool.

The property features 175 feet of bulkheaded waterfront along Shinnecock Bay. From the photos, it looks like there’s a long driveway and that the home is set back on the property, allowing for privacy. However, from the look of the satellite images, it’s close to the neighboring homes.

In the immediate area, this is the most expensive property for sale. The nearby home at 23 Cormorant Drive is available for about half the price, but it also has half the square footage.