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87 Gould St, East Hampton, NY, 11937

4beds
3baths
2,765sqft
$2,995,000
$1,083price/sqft
$20,838/moest. monthly cost
$833,520/yrincome needed

About This Home

Set on a coveted Village Lane in East Hampton, this residence presents a rare opportunity to own a home with exceptional bones in one of the area's most desirable settings. Move right in and enjoy it as is, the house also offers a true blank canvas for a buyer with vision-ideal for renovation or thoughtful re-imagining to suit a modern Hamptons lifestyle. The home is distinguished by its generously proportioned rooms and a flexible, well-designed layout. As you enter you are presented with a double height foyer and impressive staircase leading to the heart of the home, a spacious living room with soaring ceilings and a dramatic double-sided fireplace that connects to a large den, creating warmth and architectural interest across both spaces. The perfectly appointed open kitchen offers endless options with a large breakfast area, an adjacent formal dining room and a laundry/mudroom/powder room area. Upstairs, the gracious primary bedroom features its own fireplace and en-suite bath and a separate sitting area/office option for a total retreat. Three additional comfy guest beds and an updated guest bath complete the second floor. The 1400+/-sqft unfinished basement with impressive 8.5' height ceilings provides enormous potential for expansive additional living spaces, whether as a media room, gym, guest suite, and/or recreation area. And don't forget that giant two-car attached garage! Outdoors, an in-ground heated gunite pool, mature trees and plantings and a large deck completes the setting, offering the foundation for relaxed summer living and entertaining with the East Hampton Village lifestyle at your fingertips A home of scale, character, and possibility, ideally located on a prized East Hampton Village Lane-ready to be enjoyed now or transformed into something truly special.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
7/10
East Hampton High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1992

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 2,765
  • Total interior livable area: 2,765 sqft

Property

Details

  • Parcel number: 0300160000100002000

Features

  • Stories: 2
  • Private pool: Yes

Lot

  • Lot size: 0.40 Acres

Parking

  • Parking features: GarageDetached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$1,195$14,340
Property Taxes $4,043$48,516
Electricity $456$5,483
Total$20,838$250,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$714,445/yr
40% on housing$625,140/yr
45% on housing$555,680/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,083This listing

vs Other Active Listings

Avg $/sqft

ZIP 11937$1,340
Suffolk County$723

vs Homes Sold Last Month

Median $/sqft

ZIP 11937$877
Suffolk County$412

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-04Listed for sale$2,995,000
2025-12-31Listing removed$50,000
2025-09-01Price change$50,000
2025-05-29Listed for rent$45,000
2024-12-21Listing removed$50,000
2024-08-01Price change$50,000
2024-03-12Listed for rent$40,000
2023-08-01Listing removed--
2023-05-27Price change$50,000
2023-05-15Price change$49,000
2023-04-18Price change$50,000
2023-01-05Price change$55,000
2022-11-02Listing removed--
2022-03-17Listed for sale$3,295,000
2022-01-29Listed for rent$65,000
2021-01-29Listing removed--
2020-10-09Listed for rent$35,000
2019-09-25Listing removed$21,666
2019-07-18Price change$21,666
2019-07-04Price change$27,666
2019-06-10Price change$21,666
2019-04-13Price change$28,000
2019-04-08Listed for rent$21,666
2018-07-18Listing removed$28,500
2017-12-20Listed for rent$28,500

For Sale by Agent

AgentDavid Tenenbaum - Real Estate Sales Person
BrokerageBrown Harris Stevens

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