731 Deerfield (Lot #4) Road Water Mill, NY $ 5,495,000
731 Deerfield (Lot #4) Road
$ 5,495,000
Share Save

731 Deerfield (Lot #4) Road

Water Mill, NY, 11976
$ 5,495,000
Baths0.0 Sq 1,467,536

Monthly Estimate*

$ 33,834

731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 1
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 2
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 3
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 4
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 5
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 6
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 7
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 8
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 9
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 10
Studio

Lots and Land for sale in Water Mill, NY

for $5,495,000. This 1,467,536 square foot property was built on a lot size of 33.69.

Introducing an extraordinary land offering in Watermill, New York, located along one of the Hamptons most iconic stretches, where open sky meets preserved farmland. This rare assemblage includes four 2-acre estate lots with R - 80 zoning, plus a stunning 33-acre protected, agricultural reserve, creating a unique opportunity for luxury estate development in the Hamptons. Each parcel offers exceptional scale and flexibility to build a custom Hamptons estate, including a grand main residence, pool, pool house, expansive patios, decking, and even a tennis court, all surrounded by protected farmland views and uninterrupted natural beauty. With direct adjacency to preserved land, this offering ensures privacy, open space, and long-term value, making it ideal for those seeking Hamptons land for sale with acreage or a multi-parcel compound opportunity. All five parcels, including the agricultural reserve, are also available for individual purchase, providing flexibility for investors, developers, or end-users. This is more than land, it's a rare chance to own prime Watermill real estate defined by privacy, serenity, and timeless Hamptons appeal. * This listing is offered by itself or as a package with two or more properties within 635,639,641&731 Deerfield Rd and 749 Head of Pond Rd.

See more

Lots and Land Active

Price

$ 5,495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,787

Style

Lot Size

33.69

Town/City

Water Mill

County/Region

Suffolk

MLS | Web ID

968433

Features
General
Sewer Septic Tank
Zoning CR80
Tax Year 2025
Current Use Agricultural
Parcel Number 0900-080-00-02-00-001-004
County Suffolk County
Property Type Land
High School Southampton High School
City Southampton
Senior Community Y/N N
High School District Southampton
Elementary School Southampton Elementary School
Tax Annual Amount 2787.02
Middle/Junior High School Southampton Intermediate School
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Southampton
Elementary School District Southampton
Tax Assessed Value 606400
See more
Exterior
Water Source Well
Waterfront Y/N N
See more
Internal Only
Street Number 1 731
See more
* Excluded Features
List By
Beth E. Marano

Listing Agent

Corcoran

Broker

beth.marano@corcoran.com

Email

Affordability Calculator

$34,066
Per Month
99%
1%
0%
Monthly Principal & Interest
$33,834
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4098755 Elementary School
5164224 Middle School
Southampton High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$5,495,000 Listed Price

Map


See all

731 Deerfield (Lot #4) Road, Water Mill, NY, 11976 is a Lots and Land for sale at $5,495,000 with 1,467,536 sqft and a lot size of 33.69. 731 Deerfield (Lot #4) Road is a studio with 0.0 baths. The property's zip code is 11976 which is in Water Mill, NY