731 Deerfield (Lot #4) Road Water Mill, NY $ 4,995,000
731 Deerfield (Lot #4) Road
$ 4,995,000
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731 Deerfield (Lot #4) Road

Water Mill, NY, 11976
$ 4,995,000
Baths0.0 Sq 1,467,536

Monthly Estimate*

$ 31,539

731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 1
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731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 3
731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 4
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731 Deerfield (Lot #4) Road, Water Mill, NY 11976 - Image 7
Studio

Lots and Land for sale in Water Mill, NY

for $4,995,000. This 1,467,536 square foot property was built on a lot size of 33.69.

A Rare 33 Acre Reserve In Watermill An extraordinary opportunity to acquire 33 acres of protected agricultural reserve in Watermill, New York, set along one of the Hamptons’ most iconic stretches of preserved farmland and open landscape. Offering exceptional scale, privacy, and natural beauty, this remarkable property provides a rare opportunity to thoughtfully utilize significant acreage for permitted agricultural purposes, subject to applicable approvals and agricultural reserve regulations. Potential possibilities include farming, an equestrian center, vineyard, orchard, or other agricultural pursuits, allowing a purchaser to create a distinctive property rooted in the character and traditions of Watermill. With its protected status and expansive open setting, the property offers something increasingly rare in the Hamptons—the opportunity to own a significant piece of preserved landscape while envisioning its future use. Whether imagined as a working farm, private equestrian retreat, vineyard, or simply an extraordinary expanse of protected Watermill countryside, this is a truly unique offering in one of the East End’s most coveted locations. 33 acres. Watermill. Protected agricultural reserve. An extraordinary opportunity to create your own vision. * 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.

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Lots and Land Active

Price

$ 4,995,000

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
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Exterior
Water Source Well
Waterfront Y/N N
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Internal Only
Street Number 1 731
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* Excluded Features
List By
Beth E. Marano

Listing Agent

Corcoran

Broker

beth.marano@corcoran.com

Email

Affordability Calculator

$31,771
Per Month
99%
1%
0%
Monthly Principal & Interest
$31,539
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4098755 Elementary School
5164224 Middle School
Southampton High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$4,995,000 -9.10% Price Down
3/9/2026$5,495,000 Listed Price

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731 Deerfield (Lot #4) Road, Water Mill, NY, 11976 is a Lots and Land for sale at $4,995,000 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