718 Montauk Highway, East Quogue, NY 11942
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
718 Montauk Highway,East Quogue, NY 11942
$2,200,000
- 8 Beds
- 5 Baths
- 10,044 sq. ft.
- Multi-family
- Active
Listed by: geraldine n. wyman
Office: douglas elliman real estate
MLS#:1012493
Source:OneKey MLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$219.04
About this home
Prime Investment & Income-Producing Opportunity in East Quogue
Discover a rare and versatile multi-residence compound in the heart of East Quogue, offering exceptional investment potential and a proven history of rental income with a 7.1% cap rate. Whether you're seeking a lucrative income-producing property, a private retreat, or a combination of both, this unique offering presents endless possibilities. The centerpiece of the property is a charming farmhouse, once a popular Bed and Breakfast from the 1900's, "The Morgan Tourister". Filled with generous living space, the home comfortably accommodates you and your guests, featuring five bedrooms, living room, formal dining room, spacious eat-in country kitchen, den, and expansive outdoor areas. Unwind and enjoy peaceful afternoons on the inviting wraparound porch overlooking the property's beautiful grounds. Complementing the main residence are two separate one-bedroom cottages and an attached studio, each with its own private yard area, providing ideal accommodations for guests and tenants. Rental permits are already in place, making this a turnkey opportunity for immediate income generation. The grounds offer ample parking, abundant outdoor entertaining areas, and room for a pool, creating even more opportunities to enhance and personalize the estate. Bordering a picturesque 35-acre tree farm and ideally situated on the Quogue border, this desirable location is just moments from East Quogue's charming shops, restaurants, ocean beaches, train service, Hampton Jitney stops, and less than two hours from New York City. A truly unique opportunity to own a multi-residence compound with established rental history, bordering beautiful open space, in one of the Hamptons most sought-after locations....
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Home facts
- Year built:1909
- Listing ID #:1012493
- Added:1 day(s) ago
- Updated:June 28, 2026 at 12:29 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Dining Description:Eat-In Kitchen, Formal Dining
- Kitchen Description:Eat-in Kitchen, Pantry
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Bilco Door(s), Unfinished
- Living area:10,044 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Year built:1909
- Building area:10,044 sq. ft.
- Lot area:0.92 Acres
- Architectural Style:Farmhouse
- Construction Materials:Frame
Schools
- High school:Westhampton Beach Senior High Sch
- Middle school:Westhampton Middle School
- Elementary school:East Quogue School
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$219.04
- Tax amount:$9,720 (2026)
Features and amenities
- Amenities:Entrance Foyer
Parking
- Parking description:Private
- Carport spaces:1
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