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696 Montauk Hwy, Water Mill, NY 11976

$1,350,000

Beds

2
Baths

1.5
Acres

0.13
Sq. ft.

1,500 1.5K

Listing by Douglas Elliman Real Estate (70 Jobs Lane, Southampton NY 11968)

Last Verified:

Oct 28, 2025

FAMOUS WATER MILL HWY FRONTAGE COMMERCIAL AND RESIDENTIAL

Warm memories are immediately evoked when one mentions "The Penny Candy Store" located in Water Mill. Now you can own this prime location in the heart of the hamlet of Water Mill. The building includes the charming and sizeable storefront with 2 large windows Highway facing and an attached, two-bedroom, one-bath home with ground floor living room and full kitchen with an additional half bathroom inside the storefront. Let your imagination run

Home Details

Construction

Property type: Single-family

Property style: Traditional

New construction: No

Year built: 1910

Interior Details

Sq. ft: 1,500

Price per square foot: $900/sqft

Stories: 2

Bedrooms & Bathrooms

Bedrooms: 2

Full bathrooms: 1

Half bathrooms: 1

Bathroom on first floor: Yes

Other Rooms

Breakfast area, Family room/den

Utilities

Water source: Town

Heat type: Oil hot water

Central air conditioning: No

Financial Details

Price: $1,350,000

Taxes: $2,700/yr

Outdoor Details

Pool & Spa

Pool: No

Room for a pool: No

Parking

Garage: No

Outdoor Amenities

Tennis: No

Room for a tennis court: No

Water frontage/View: None / mainland

Outdoor Shower(s): No

Lot Details

Lot size: 0.13 Acres

Near jitney sunrise bus line: Yes

South of highway: No

Zoning: MULTIPLE USES

Location

Nearby Transportation
- 0 miles
  Water Mill - Hamptons Luxury Liner
- 0 miles
  Water Mill - Hampton Jitney
- 2 miles
  Southampton - Hampton Jitney
Nearby Beaches
- 2 miles
  Flying Point Beach
- 2 miles
  W. Scott Cameron Beach
- 2 miles
  Mecox Beach