Iconic Former Lobster Inn On Market For $11.5 Million

SOUTHAMPTON, NY — The iconic building that was once the iconic Lobster Inn, known for its splat dinners for two and a trio of lobster tails special, is now on the market.

"Presented with multiple development options, the Lobster Inn is now on the market for $11.5 million. Represented by David Donohue and Joe Peraino of Douglas Elliman, the waterfront property can be purchased for use as a restaurant; additionally there is a variance in place for townhouses with the abandonment of restaurant use, though site plans or individual lots are not yet approved," according to a release from Douglas Elliman.

According to the listing, the parcel is a "development opportunity with options," a "Hampton waterfront icon plus 13 luxury home sites or 25 potential town homes."

"A buyer can bring his own imagination and amend or re-address what is approved by the town," says listing agent David Donohue of Douglas Elliman.

The 3,000 square foot property is located on 10 acres at 1 Inlet Road, Southampton North.

After the property was sold by owner Skip Tollefsen in 2012, the eatery was reborn as the Lobster Grille Inn, which, according to a Newsday article, is set to move to Hampton Bays.

To view the full Douglas Elliman listing for the former Lobster Inn, click here.

Photo courtesy of Douglas Elliman.