198 Two Holes of Water Road
East Hampton, NY, 11937 $ 5,450,000
Bedrooms6 Baths6.2 Sq 9,000 Monthly Estimate*
$ 34,001
for $5,450,000 with 6 bedrooms and 6 full baths, 2 half baths. This 9,000 square foot home was built in 1980.
Think out of the box and live it up in your own 9,000 sqf Hampton Oasis (Private Retreat) strategically designed and positioned on over 10 acres of serene natural privacy with an all-weather tennis court, a 52 x 27 heated gunite pool, a Sunset Beach-inspired 2-level Hampton Cabana, and so much more. Truly unique, elegant, and very spacious, this 6-bedroom, 7-bath residence is equipped with an elevator connecting all 3 levels and a 4-car garage. This modern architectural gem underwent a stunning (meticulous) 2019 gut renovation throughout, including a high-end custom professional chef's kitchen with top-of-the-line stainless steel appliances, a 20-foot bar, 2 sets of Wolf ovens, 2 sets of Miele dishwashers with a Sub Zero induction station, a Sub Zero refrigerator, as well as a generous walk-in pantry with a sink for the most discerning chefs and entertainers alike. This spectacular residence further offers 2 sets of wet bars, one on each floor, equipped with its own Subzero wine coolers and freezers, and 2 sets of full laundry rooms, as well as a state-of-the-art built-in sound system and a state-of-the-art Lutron light system throughout the entire residence. An additional kitchen for your guests on a separate floor adds to the entertainment on a large scale. A dramatic glass atrium stretches to an elegant dining room with a stately double-sided wood-burning fireplace, soaring 38 x 42 living room, where all seamlessly merges for an ultimate enjoyment of this unique sun-drenched warm space elegantly lit by multiple sky windows and oversized glass windows and doors with sweeping views of the property and nature in all its glory. Multiple generous en suites are complemented by high-end steam showers and luxurious private baths. A 3,000-square-foot wraparound deck stretches across two levels, offering panoramic views of the surrounding natural beauty and a spectacular sun-tanning experience. The luxurious primary suite is its own private and serene retreat, featuring a spa-like bath, luxurious steam shower, and direct access to a private deck. The lower level features an infrared sauna adjacent to a full bath with a steam, a full workout gym with a meditation and playroom area, a walk-in cedar closet, and this one-of-a-kind gem renovated with family, entertainment, health, fitness, fun, and K9 in heart is the ultimate dream for dog and nature lovers with its custom-designed luxurious K9 feeding and grooming room, which opens up directly to a private, fully fenced-in, lush 0.25-acre dog run and play area, further accompanied by a one-mile trail through the property. Your private Hamptons resort with Central Park-like grounds, just minutes to the bay or ocean, is conveniently located near some of the best hiking and biking trails in the Hamptons, as well as the very best of shopping and dining, just moments from the Villages of East Hampton and Sag Harbor. This is more than just a home-it's a rare, turnkey retreat where timeless design, unmatched privacy, and a prime location come together in perfect harmony.
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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath
Basement Finished
Basement Features Finished
Basement (Y/N) Y
Fireplace Y/N Y
Half Baths 2
Total Bedrooms 6
Total Baths 8
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GeneralSewer Cesspool
Heating Forced Air
Cooling Central Air
Utilities Cable Connected Electricity Connected
Appliances Dishwasher Gas Cooktop Gas Oven
Garage Spaces 4
Architectural Style Modern
Construction Materials Frame
Year Built 1980
Property Subtype Single Family Residence
Tax Year 2025
County Suffolk County
Property Type Residential
HOA N
Garage Y/N Y
Total Rooms 2
Full Baths 6
High School East Hampton High School
City East Hampton
Senior Community Y/N N
High School District East Hampton
Carport Y/N N
Elementary School John M Marshall Elementary School
Property Attached Y/N N
Tax Annual Amount 21356
Showing Instructions Call/text Atlantic Team Contact the Atlantic Team: Hara Kang 631-267-7335 Hkang@elliman.com Justin Agnello 631-267-7334 Jagnello@elliman.com or James Keogh 631-267-7341 Jkeogh@elliman.com
Middle/Junior High School East Hampton Middle School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District East Hampton
Elementary School District East Hampton
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ExteriorWater Source Well
Waterfront Y/N N
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* Excluded FeaturesList ByDouglas Elliman Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $34,001
- Monthly Property Taxes
- $1,780
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in East Hampton, NY
Average List Price $3,145,398
Percent of Sale Price 42%
About East Hampton, NY 22,044 Population
12% Since 2002
$ 86,071 Median Income
46.12 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4100638 Elementary School
4100961 Middle School
East Hampton High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2025 | $5,450,000 | -8.40% | Price Down |
| 9/16/2025 | $5,950,000 | | Listed Price |