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Sold for $1,930,000 on 08/15/24
  • $1,930,000

    876 Millstone Rd, Water Mill, NY 11976

    6beds
    6,400sqft
    Multi Family
    Built in 2001
    -- sqft lot
    $2,089,100 Zestimate®
    $302/sqft
    $4,773 Estimated rent

    Home value

    $2,089,100

    $1.86M - $2.34M

    $4,773/mo

    Zestimate® history
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    $4,773/mo

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    $13,617/mo

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    $13,617/mo

    Est. payment

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    What's special

    Water Mill Compound With 2 Dwellings and an Artist's Studio. Three Structures in Total. Stunning 1.1 +/- acre income producing compound with three Buildings. This one-of-a-kind property with three structures features a shingled post-modern style main home adjacent to a wooded reserve. This stunning property is comprised of the 3000 +/- sf main house built in 2001, a 1400+/- sf two story artist's studio built in 2005 and a 2000 +/- sf two story guest house/cottage with garage built in 2003. Combined details for all 3 structures are 6 bedrooms, 7 full and 2 half baths. The C/O'd main house has four bedrooms, a living-dining room with a cathedral ceiling, a family room, separate dining area and laundry room. The kitchen features stainless steel appliances, granite counters,wood cabinetry and a tiled floor. The master bedroom has a bath with double sinks, stall shower and jacuzzi, walk in closet , second smaller closet and linen closet. There an additional two- and one-half guest bathrooms with tiled floor and marble counters. Marble fireplace, hardwood floors and gas range complete the picture. Oil/hot air two zone heating and air conditioning system. 1000 sq. ft. of Deck, 500 +/- sq. ft stone patio and 320 +/- ft porch and swimming pool. A total of 3000 +/- sq ft plus an additional 800 sq ft outside. The two-story guest house/cottage has a Certificate of Compliance, a rental permit and is currently rented on a month-to-month basis, so it can easily be delivered empty. This cottage features two bedrooms, a full kitchen and living room, one and a half baths and porch along with a single car garage. The artist's studio comes with 2 full bathrooms and laundry area with a kitchenette also. The property's Architect was awarded a design award in recognition of superior achievement and professional design excellence. This unique and extensive property is a must see. A true Gem!

    Zillow last checked: 8 hours ago

    Source: Out East,MLS#: 286853

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 7
    • 1/2 bathrooms: 2
    Cooling
    • Central Air
    Features
    • Has fireplace: Yes
    Interior area
    • Total structure area: 6,400
    • Total interior livable area: 6,400 sqft

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Stories: 2
    • Has private pool: Yes
    Lot
    • Size: 1.10 Acres
    Details
    • Parcel number: 0900036000100020024

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 2001

    Community & neighborhood

    Location
    • Region: Water Mill

    Price history

    DateEventPrice
    8/15/2024Sold$1,930,000-15.9%$302/sqft
    Source: Public Record
    5/5/2024Listing removed$2,295,000$359/sqft
    Source: Out East #286853
    10/26/2023Price change$2,295,000-8%$359/sqft
    Source: Out East #286853
    2/18/2023Price change$2,495,000-5.8%$390/sqft
    Source: Douglas Elliman
    11/15/2022Price change$2,650,000-3.6%$414/sqft
    Source: Douglas Elliman #286853

    Public tax history

    YearProperty taxesTax assessment
    2024-- $1,560,500
    2023-- $1,560,500
    2022-- $1,560,500 +0.7%

    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,089,100
    2% more+ $41,782
    With Zillow Showcase(estimated)
    $2,130,882