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16 Penny Lane An investment opportunity like no other, The Drake Inn offers all the best the Hamptons has to offer. Fifteen contemporary units completely renovated in a sleek modern design, new navy style bulkhead with 6 boat slips. This spectacular waterfront property has an updated inground pool along with a modern, main residence consisting of three bedrooms, five baths, a roof deck with sunset views, and a spacious sun-drenched office. The Drake Inn is a landscaped oasis and not only a lucrative investment opportunity but is also rated in the top 10% of hotels worldwide by trip advisor. Reviews from Millions of Trip Advisor Travelers Place The Drake Inn in the top 10% Worldwide! Recipient of the Tripadvisor Travelers' Choice 2020 award, as well as Certificate of Excellence for the past five years since 2014. Located on a peninsula, the property's water access and boat slips lead directly to Shinnecock Bay. Minutes to the Ponquogue Bridge, Dune Road beaches, waterfront dining, and village.