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8 Wainscott Stone Rd, Wainscott, NY, 11975

2beds
1baths
1,500sqft
$4,495,000
$2,997price/sqft
$32,663/moest. monthly cost
$1,306,520/yrincome needed

About This Home

A rare and compelling opportunity to create a private Hamptons estate in one of Wainscott's most coveted and serene locations. Set on approximately one-third of an acre and discreetly positioned between larger estate holdings, this property offers exceptional potential for transformation, expansion, and long-term value. The existing Victorian cottage is rich in character and surrounded by mature specimen trees, established perennial gardens, and winding paths that evoke a timeless, almost storybook setting. Located less than a mile from Beach Lane and some of the area's most pristine ocean beaches, the property seamlessly blends privacy, charm, and proximity. Offered for the first time in over three decades, the residence presents a unique canvas for the discerning buyer. With the ability to refurbish and expand the current structure to approximately 2,500 square feet, as well as incorporate a pool (subject to approvals), the opportunity exists to reimagine the property into a refined Hamptons retreat. The current home features two bedrooms, one bath, a full basement, attic, and a gracious front parlor and porch. Preserved in largely original condition, it is being offered "as is" and invites a visionary approach to restoration or redevelopment. This is a property defined by location, privacy, and untapped potential-an exceptional offering for those seeking to create something truly special in the Hamptons.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
Wainscott SchoolGrades K-30.5 mi
5/10
Bridgehampton SchoolGrades PK-122.8 mi

Construction

Condition

  • Year built: 1880

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 0300200000300004000

Features

  • Stories: 2
  • Pool features: Room for a Pool

Lot

  • Lot size: 0.38 Acres

Parking

  • Parking features: None

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

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Winter Weather
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 $22,729$272,748
Home Insurance *$3,619$43,428
Property Taxes $6,068$72,816
Electricity $247$2,974
Total$32,663$391,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,119,874/yr
40% on housing$979,890/yr
45% on housing$871,013/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

$2,997This listing

vs Other Active Listings

Avg $/sqft

ZIP 11975$1,579
Suffolk County$723

vs Homes Sold Last Month

Median $/sqft

ZIP 11975$1,600
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
2026-05-11Price change$4,995,000
2026-04-16Listed for sale$5,495,000

For Sale by Agent

AgentMichael Memon - Real Estate Sales Person
BrokerageSotheby's International Realty

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