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45 Beach Lane
About This Property
Rich in character and timeless elegance, the residence is introduced by a grand foyer that immediately sets the tone for the home's impressive scale. Beyond, an oversized historic ballroom serves as the centerpiece of the estate, featuring soaring ceilings, a wood-burning fireplace, floor-to-ceiling windows, and custom built-in bookshelves. Originally dating to the 1800s, this remarkable space is steeped in history and craftsmanship, with rich walnut millwork and architectural details that make it truly exceptional. Evoking the glamour and sophistication of the Great Gatsby style, the ballroom is an extraordinary setting designed for unforgettable entertaining and effortlessly accommodating everything from intimate gatherings and elegant dinner parties to grand-scale celebrations and lavish soirees.
The main level offers a spacious living area, billiard room, full bath, an additional living space complete with a kitchenette and bar and a bedroom with en suite bath. An oversized formal dining room and separate breakfast area provide exceptional settings for hosting, while the den/great room, anchored by a wood-burning fireplace, creates a warm and inviting retreat. The chef's kitchen is appointed with granite countertops, maple cabinetry, an induction oven, and stainless-steel appliances. A laundry room and powder room complete the first floor.
The second level is thoughtfully arranged into two distinct wings. The west wing guest quarters feature an own foyer leading to a full bath, sitting area, and bedroom. This wing also includes an office opening to an own balcony overlooking the beautifully manicured grounds, along with a sitting room, full bath, additional bedroom, and balcony access.
The main second-floor wing showcases an expansive primary suite designed as an inclusive sanctuary, featuring a spacious sitting room, wood-burning fireplace, walk-in closet, spa-inspired bath, and a dramatic spiral staircase leading to a lofted retreat. An additional office completes this wing. A second primary suite offers its own sitting area and en suite bath, providing luxurious accommodations for all.
Blending timeless Hamptons elegance, architectural character, and exceptional scale for both grand entertaining and private living, this distinguished estate presents a rare opportunity to own one of the area's most unique residences. Nestled among mature specimen trees and picturesque landscaping, the property also features a 20' x 40' in-ground pool, creating a tranquil resort-like setting for relaxation and entertaining. Set within one of Westhampton Beach's most desirable locations, moments from renowned beaches, acclaimed dining, and boutique shopping, the property embodies the very best of Hamptons living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$4,495,000
↓ $255K
(5.4%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Douglas Elliman Real Estate | $4,750,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Westhampton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017