SALE: Rare Turnkey Waterfront Marina
Prime Three Mile Harbor Asset with Generational Value
A Rare, Desirable Asset — Shagwong Marina represents an incredibly rare opportunity to acquire a highly coveted, turnkey waterfront asset in the heart of East Hampton. Spanning 2.3 pristine acres along the protected waters of Three Mile Harbor, this premier facility features 40 wet slips. This one-of-a-kind property offers an incoming investor an immediate, stable footprint in one of the most affluent and exclusive real estate markets on the East Coast.
Prime Hamptons Location — Geographically positioned just north of the Village of East Hampton, the property is surrounded by an ultra-affluent community base and some of the country's most exclusive residential real estate. Located in a protected, deep-water pocket of Three Mile Harbor, the property offers unparalleled scenic sunset views and features sweeping waterfront lawn pads that are highly sought-after for hosting elite private events.
Turnkey Infrastructure & Low Overhead — Modern Marina with new bulkheads, refined branding, and updated signage. The site is in excellent condition and requires low maintenance. Anchoring the onshore amenities is the versatile two-story marina building comprised of first-floor office space alongside customer amenities (bathrooms, showers, and laundry), with a separate space on the second floor. Surrounding parking & grassy areas improve accessibility and operational flexibility.
Future Activations & Value-Add — While currently operating as a premium, low-maintenance harbor asset, significant runway remains for a new owner to optimize yield thanks to the WF Zoning. Further activations can be pursued, including high-end food and beverage partnerships, curated experiential events on the expansive waterfront lawns, and further optimizing the slip and boat rental business.
Asking Price: $7,995,000
Tax Map #: 0300-077-00-05-001-003
2025 Town Taxes - $20,568.62
Surrounding Neighbors:
Si Si Restaurant, Maidstone Harbor Marina, EHP Resort, Three Mile Harbor Marina, Round Swamp Farm, FRANKIE'S Fabulous, Nick & Toni's, East Hampton Grill
219 Three Mile Harbor Hog Creek Rd, East Hampton:
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Sean Deery
Compass
