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$22,500,000   Price Analysis
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475 Flying Point Rd
Water Mill, NY 11976
8 bed 14 bath 9,987 SqFt ($2252/SqFt)
3.0 acre lot. Built 2016
Listed 2024-04-19, Taxes $40,676
Ⓧ USDA Ineligible
due to price & location

near Water Mill

Stylish compound on 3+/- acres offers two separate legal residences

3-car+ garage with sitting room and bathroom, 20'x60' heated Gunite pool with spa and tennis court. Located less than a half-mile to world-class Flying Point beaches, this property is also convenient to both Water Mill and Southampton Villages. Architect Alexander Antonelli with Fountainhead Construction planned modern building systems that are intrinsic throughout both residences, from the over 9600 sq.ft. four-bedroom main house to the 5500+ sq.ft. four-bedroom guest house, including radiant, solar and geothermal heating and air conditioning. The broad property acreage is protected by hedges and security gates and system. The main residence is accessed from the front entry into the main foyer, that incorporates the riginal 1880s farmhouse, with custom stone and wood floors, library with full bath, living room with fireplace that opens to covered, wraparound outdoor decks, den with fireplace and formal dining room with fireplace that also opens to the decks.

A main gallery connects the foyer to the modern chef's kitchen with stone counters and top stainless appliances to the morning room and utility areas, including laundry room and powder room and side entrance from the porte cochere. Two stairways rise to the second level with a large landing and coffee bar. The master suite offers a bedroom with its own deck, a sitting room, two full baths and dressing areas. Three more guest suites complete the second floor, including a side deck and back stair. The sleek finishe d lower level offers a gym, media/entertainment, full bar, wine cellar, full bath and sauna. Across the rear yard, the barn-style guest house offers four bedrooms, with open-plan living, polished concrete floors, powder and laundry rooms, industrial-designed stainless steel kitchen, double height living area that opens onto covered decks, an outdoor shower and finished lower level with media/game room, full bath, mini-bar and walk-out egress. The over-sized three-car garage also includes a sitting room with full bath. Everything has been designed to integrate indoor-outdoor living and entertainment across this ideal Hamptons property.


Presented by Harald Grant at
Sotheby's International Realty - Southampton Brokerage.
Listing Agent Photo

Property MLS #e24459ca-e096-4d14-a983-7e4ba69ff538 from Sothebys International Realty

Bedrooms: 8

Total Bathrooms: 14
Full Bathrooms: 12
1/2 Bathrooms: 2

Exercise Area
In-Home Gym
Flooring: Tile, Hardwood

Dishwasher

Cooling Features: Central A/C
Number of Fireplaces: 4

Basement Description: Finished
Exercise Room: Yes

Guest House

Pool Features: Pool, Inground

Lot Size Acres: 3.0
Lot Size Square Feet: 130680

Tennis Courts
Community Features: Tennis

Source Listing Status: Active
County: Suffolk County
Current Use: Other Residential
Source Property Type: Residential
Postal City: Water Mill
Property Features: Rooms:Media Room / Home Theater, Rooms:Library
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$4,778,700 + $5,035,400
$9,814,100
$40,676
2021$4,778,700 + $5,035,400
$9,814,100
$40,270
2020$4,778,700 + $5,035,400
$9,814,100
$39,588
2018$4,778,700 + $2,909,400
$7,688,100
$33,311
2017$4,778,700 + $2,909,400
$7,688,100
$33,549
2016$4,778,700 + $2,909,400
$7,688,100
$35,256
2015$3,668,700 + $2,909,400
$6,578,100
$31,303
2014$3,162,900 + $2,909,400
$6,072,300
$29,801
2013$3,110,300 + $2,909,400
$6,019,700
$29,092
2012$2,108,700 + $2,909,400
$5,018,100
$23,703
2011$2,732,000 + $2,909,400
$5,641,400
$25,509
2010$2,732,000 + $2,909,400
$5,641,400
$25,038
2008$1,774,000 + $2,909,400
$4,683,400
$21,171
2007$1,774,000 + $2,909,400
$4,683,400
$20,590
2006$1,774,000 + $2,909,400
$4,683,400
$20,458

Listed 2024-04-19
$22,500,000
Sothebys International Realty
Listing removed 2020-06-16
$0
Sothebys International Realty
Listing removed 2020-04-29
$0
Sothebys International Realty
Price Changed 2020-01-11
$16,000,000
Sothebys International Realty
Price Changed 2019-07-12
$17,500,000
Sothebys International Realty
Listed 2019-05-24
$19,500,000
Sothebys International Realty
Listed for rent 2019-05-24
$80,000
Sothebys International Realty
Listing removed 2019-01-01
$0
Sothebys International Realty
Listing removed 2018-12-31
$80,000
Sothebys International Realty
Price Changed for rent 2018-06-05
$80,000
Sothebys International Realty
Listed for rent 2018-04-27
$100,000
Sothebys International Realty
Listing removed 2018-04-27
$0
Sothebys International Realty
Listed for rent 2017-05-02
$100,000
Sothebys International Realty
Sold 2006-06-14
$8,070,000
Public Record
Sold 2002-06-06
$5,300,000
Public Record
Sold 1996-04-23
$1,700,000
Public Record

Total Square Feet Living: 9987
Year Built: 2016
Building Area Total: 9987
Building Area Units: Square Feet
Property Age: 8
House Style: Other Style

Southampton High School is a public high school located approximately 1 miles away.
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Southampton Intermediate School is a public elementary, middle and high school located approximately 1.1 miles away.
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Our Lady Of The Hamptons Regional Catholic School is a private elementary and middle school located approximately 1.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.