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Land with Home for Sale in East Hampton, New York

5 Spaeth Ln, East Hampton, NY 11937

$19,900,000
2.6 acres
Active sale
$4.1m drop
Est $105,007/mo

Sited on 2.6 acres in one of the Hamptons' most coveted locations, this picturesque property occupies the prominent corner of Further Lane and Spaeth Lane-just a few short blocks from Two Mile Hollow Beach, with easy ocean access right around the corner. The sprawling grounds feature a main house, a three-car garage, and a pool house with a 20-by-40-foot pool, all surrounded by stunning mature trees and beautifully maintained gardens. The approximately 3,700-square-foot main house, originally built in the 1960s and thoughtfully updated over the years, offers six bedrooms and four and a half bathrooms, all on a single level. A gated entry on Spaeth Lane ensures privacy, while a separate service entrance on the opposite side of the property adds convenience. An expansive driveway with an elegant oval loop provides ample parking. Beyond the existing residence lies an exceptional opportunity. With an allowable gross floor area of approximately 12,000 square feet, the property offers ample room to create a substantial estate compound, including a new custom residence, pool, pool house, and tennis court. Whether preserving and enhancing the existing improvements or starting anew, the possibilities are extraordinary. Ideally positioned near the ocean, Amagansett Village, and East Hampton Village, yet surrounded by unparalleled privacy, this is a truly special offering and a rare opportunity to create a legacy property in one of the most sought-after locations in the Hamptons.

3,700
Sq feet
6
Beds
4
Full baths
1
1/2 bath
1966
Built

Location

Street address
5 Spaeth Ln
Zip code
11937
Elevation
38 feet
Coordinates
40.9595, -72.1644

Property details

Acreage
2.6 acres
Zoning
Residential
MLS #
MyStateMLS 11803844
Posted

Property taxes

Recent
$39,989

Parcels

  • 0301-005.000-003-002.000

Details and features

Listing

Type
Residential

Exterior

Pool
Deck
Structures
Pool House

Structure

Stories
1
Sewer
Septic Tank

Interior

Rooms
Bathroom x 5, Bedroom x 6
Flooring
Hardwood
Fireplaces
Yes
Features
Entrance Foyer

Listing history

DateEventPriceChangeSource
Aug 17, 2026Price drop$19,900,000$4,100,000 -17.1%MyStateMLS
July 17, 2026Relisted$24,000,000MyStateMLS
July 8, 2026Listing removed$24,000,000Listing agent
July 2, 2026New listing$24,000,000MyStateMLS
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This 2.6-acre property is located at 5 Spaeth Ln in East Hampton, NY 11937. The property is available for sale, priced at $19,900,000. It has a 3,700 square foot 6-bedroom, 4.5-bath house built in 1966.

Listed by Compass, (212) 913-9058

Checked 1 hour agoUpdated Source

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