East Hampton - Beach Property For Sale #5339245

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 brand of hospitality has captured the hearts of a very loyal global clientele. With the appreciation of real estate in East Hampton Village surging and the lodging market exceedingly strong, this unique investment property allows a new owner to diversify their financial portfolio in a very special manner, a strong component of which would be residence in the farm, wine and beach community of the Hamptons. Overall, this is an extremely desirable high caliber opportunity, both from the value of the land and the scarcity of commercial offerings on the East End. Whether this be for a new Boutique Hotel, the unique dining experience of a Chef-Restauranteur, the further extension of a Lifestyle Brand, a Compound, Corporate Retreat, or a specific Investment Growth Opportunity, the properties of The Mill House Inn present an extra special acquisition in the forever 'en vogue' Village of East Hampton.