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$52,500,000   Price Analysis
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71 Cobb Ln
Water Mill, NY 11976
13 bed 19 bath 17,173 SqFt ($3057/SqFt)
9.11 acre lot.
Listed 2022-05-04, Taxes $201
Ⓧ USDA Ineligible
due to price & location

near Water Mill

Set on over 9 acres with 3

173 +/- feet of private shoreline on Burnett Creek, this generational estate offers an opportunity like no other in the Hamptons. Located along a private peninsula on Mecox Bay, the property presents the ultimate in setting and exclusivity. Designed by renowned architect Barnes Coy Architects, the 17, 173 +/- sq. ft. residence has been meticulously maintained and continuously updated over the past two decades. The main house is spread across two levels presenting open spaces and intelligent architectural aspects throughout. With design elements that harness natural light across each area of the home, this ample residence is bright and enjoyable all year round. The home affords multiple living areas, each of which showcase tranquil bay vistas through lar ge windows adorned with brilliant trim detailing.

A fully equipped eat-in kitchen offers outstanding water views with a breakfast area capable of seating 10. The separate formal dining room offers additional seating for all types of hosting and entertaining. Space for guests and staff is plentiful, with a total of 13 bedrooms, 13 full and 6 half bathroms and additional staff quarters. With expansive grounds, the backyard presents luxurious amenities such as a tennis court accompanied by a tennis house, basketball court, saltwater gunite pool and spa, along with a two-level pool house inclusive of a commercial kitchen, gym, sauna, arcade and pool side deck with all-weather dining area. A perfectly manicured walkway to the water's edge leads to the private dock which offers access to Mecox Bay. All of which create one of the most rare and unique offerings ever to come to market in the Hamptons. With a major redevelopment plan by award-winning design and architecture firm Ingrao Inc., the property can be completely modernized and updated. Inquire for additional details and floor plans.


Presented by Hedgerow Exclusive Team at
Hedgerow Exclusive Properties.


Property MLS #11066056 from MyStateMLS

Bedrooms: 13

Kitchen Type: Eat-In
Kitchen Description: Eat-In

Cooling Features: Central AC

Full Bathrooms: 13
1/2 Bathrooms: 6

Garage Spaces: 8
Garage Description: Attached
Parking Features: Attached

Lot Size Acres: 9.11
Lot Size Square Feet: 396832

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: 36103
Source Property Type: House (Detached)
Area: Southampton
Source Neighborhood: Southampton
Parcel Number: 0900-160.000-03.00-052.011
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$25,200 + $23,400
$48,600
$201
2021$25,200 + $23,400
$48,600
$199
2020$25,200 + $23,400
$48,600
$196
2018$25,200 + $30,500
$55,700
$241
2017$25,200 + $30,500
$55,700
$243
2016$25,200 + $30,500
$55,700
$252
2015$25,200 + $30,500
$55,700
$261
2014$25,200 + $30,500
$55,700
$266
2013$25,200 + $30,500
$55,700
$266
2012$25,200 + $30,500
$55,700
$263
2011$unknown + $30,500
$30,500
$137
2010$unknown + $30,500
$30,500
$135
2008$unknown + $500
$500
$2

Price Changed 2024-03-26
$52,500,000
MyStateMLS
Price Changed 2022-08-09
$59,950,000
MyStateMLS
Price Changed 2022-07-09
$64,000,000
MyStateMLS
Listed 2022-05-04
$72,000,000
MyStateMLS
Sold 2018-06-11
$6,750,000
Public Record
Sold 2013-02-11
$5,275,000
Public Record

Total Square Feet Living: 17173
Levels or Stories: 2

Sewer: Private Septic
Water Source: Private Well

Southampton High School is a public high school located approximately 1.4 miles away.
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Southampton Intermediate School is a public elementary, middle and high school located approximately 1.5 miles away.
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Our Lady Of The Hamptons Regional Catholic School is a private elementary and middle school located approximately 2.1 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.