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For sale
  • Price cut: $745K (12/17)
    $12,750,000

    946 Ocean Rd, Water Mill, NY 11976

    5beds
    2,300sqft
    Single Family Residence
    Built in 1984
    3 Acres Lot
    $12,170,600 Zestimate®
    $5,543/sqft
    $-- HOA

    What's special

    Heated gunite poolFunctional outdoor spaces
    Set on 3 acres and surrounded by mature specimen trees, this property offers both immediate enjoyment and future potential. The existing house spans approximately 2,300 square feet and is accompanied by a separate artist's studio with a full bathroom, a detached garage, heated gunite pool, and a selection of functional outdoor spaces. It is a comfortable, versatile setup ideal for living, working, or weekend retreat. For those seeking to create a larger estate, the property also presents a rare opportunity for new development. Plans by noted Hamptons architect Raymond Renault are already in place for a thoughtfully designed compound. The proposed development includes a 14,512 +/- sq. ft. main residence with a finished lower level, a heated gunite pool and spa, an attached garage, and a sunken, regulation-size tennis court. The design allows for a seamless blend of indoor-outdoor living, with space for an additional accessory structure, all set within a private, resort-style layout. Whether enjoyed as-is or built anew, this property offers a flexible foundation in a peaceful, setting - ready to accommodate a variety of visions.
    97 days
    |
    407
    |
    14
    |

    Zillow last checked: 8 hours ago

    Listing by:

    Hedgerow Exclusive Properties 631-296-8543,

    Hedgerow Exclusive Properties - Real Estate Sales Person 631-296-8543

    Source: Out East,MLS#: 388877

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Features
    • Basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Has private pool: Yes
    • Pool features: Heated
    Lot
    • Size: 3 Acres
    Details
    • Parcel number: 0900105000100005004

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1984

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $5,543/sqft
    • Tax assessed value: $6,824,000
    • Date on market: 9/27/2025
    • Lease term: Contact For Details

    Estimated market value

    $12,170,600

    $11.56M - $12.78M

    $6,830/mo

    Price history

    Price history
    DateEventPrice
    12/17/2025Price change$12,750,000-5.5%$5,543/sqft
    Source: Out East #388877 Report a problem
    9/27/2025Listed for sale$13,495,000-9.7%$5,867/sqft
    Source: Out East #388877 Report a problem
    9/27/2025Listing removed$14,950,000$6,500/sqft
    Source: Out East #374739 Report a problem
    5/22/2025Price change$14,950,000-0.3%$6,500/sqft
    Source: Out East #374739 Report a problem
    3/3/2025Price change$14,995,000+11.1%$6,520/sqft
    Source: Out East #374739 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $6,824,000
    2023-- $6,824,000
    2022-- $6,824,000 +0.3%

    Find assessor info on the county website

    BuyAbility℠ 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.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating

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