Skip main navigation
For sale
  • $9,500,000

    15 Little Cobb Rd, Water Mill, NY 11976

    4beds
    3,059sqft
    Single Family Residence
    Built in 1910
    1.4 Acres Lot
    $8,930,000 Zestimate®
    $3,106/sqft
    $-- HOA

    What's special

    Office spaceCovered porchesAdditional guest bedroomsFully bulkheadedPanoramic waterfront viewsFlexible third-level roomsBrick patio
    Perched on a hill overlooking breathtaking Mill Creek and Mecox Bay, 15 Little Cobb Road offers a rare combination of panoramic waterfront views, privacy, and history in the heart of Water Mill. Set in an X flood zone with no wetlands and fully bulkheaded, this exceptional property enjoys peace of mind along with one of the most beautiful outlooks on the East End. Once home to Toby and Dan Talbot, the pioneering couple behind Manhattan's legendary art-house theaters including the New Yorker and Lincoln Plaza Cinemas, the residence carries a quiet cultural legacy. Here, far from the projection booths of the Upper West Side, the Talbots spent their summers overlooking the same waters that have drawn artists, writers, and filmmakers to the Hamptons for generations. The home is designed for relaxed waterfront living, with a waterside stone pool, brick patio, private floating deck, covered porches, and porte cochere, all positioned to capture the extraordinary setting. Inside, the main level offers warm and inviting living spaces, including a dining room and sunroom each with wood-burning fireplaces, a bright kitchen with breakfast nook, and a private guest suite with screened porch. Upstairs, the primary suite commands sweeping views over the bay, joined by additional guest bedrooms, office space, and flexible third-level rooms, with room to add a full basement if desired. Just minutes from Southampton and Bridgehampton Villages, yet set in a peaceful waterfront enclave, this is a home that reflects the true spirit of Water Mill timeless, elevated, and deeply connected to the landscape. A rare opportunity to own not only a beautiful waterfront property, but a piece of Hamptons cultural history.
    27 days
    |
    1,317
    |
    52
    |

    Zillow last checked:

    Listing by:

    Douglas Elliman Real Estate,

    Martha Gundersen - Associate Real Estate Broker 631-405-8436

    Source: Out East,MLS#: 394361

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,059
      • Total interior livable area: 3,059 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 2
      • Has private pool: Yes
      Lot
      • Size: 1.4 Acres
      Details
      • Parcel number: 0900114000200043000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1910

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $3,106/sqft
      • Tax assessed value: $6,024,600
      • Date on market: 3/24/2026
      • Lease term: Contact For Details

        Estimated market value

        $8,930,000

        $8.48M - $9.38M

        $7,210/mo

        Price history

        DateEventPrice
        3/24/2026Listed for sale$9,500,000$3,106/sqft
        Source: Out East #394361 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $6,024,600
        2023-- $6,024,600
        2022-- $6,024,600
        2021-- $6,024,600
        2020-- $6,024,600
        2019-- $6,024,600 +1%
        2018-- $5,966,800 +13.5%
        2017$16,945 $5,256,500 +41.4%
        2016-- $3,717,500
        2015-- $3,717,500
        2014-- $3,717,500
        2013-- $3,717,500
        2012-- $3,717,500
        2011-- $3,717,500
        2007$16,344 +9.8%$3,717,500 +40.5%
        2005$14,883 +37.8%$2,645,816 +9092%
        2004$10,800 +4.7%$28,784
        2003$10,313 +3.3%$28,784
        2002$9,987 $28,784

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11976

        Getting around

        35 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel