New Build On Flying Point Road Enters Contract For $18 Million Precompletion - 27 East

Real Estate News

Real Estate News / 1755740

New Build On Flying Point Road Enters Contract For $18 Million Precompletion

icon 3 Photos
593 Flying Point Road, Water Mill

593 Flying Point Road, Water Mill

593 Flying Point Road, Water Mill

593 Flying Point Road, Water Mill COURTESY CORCORAN

593 Flying Point Road, Water Mill

593 Flying Point Road, Water Mill COURTESY CORCORAN

authorStaff Writer on Feb 11, 2021

A new 12,600-square-foot residence under construction in Water Mill asking $18 million has gone into contract.

Still to be completed at 593 Flying Point Road on 1.5 acres, the home will include eight bedrooms, nine bathrooms and three half-baths.

This project by builder Anthony Porco of Melville-based Rosewood Developers will include an oversized chef’s kitchen with butler’s pantry and custom cabinetry by Bakes & Kropp, a formal dining room, a paneled library with a fireplace, and a four-season sunroom with walls of glass, a fireplace and radiant heated floors. The grand great room has a two-story stone fireplace and 25 feet of sliding glass walls for effortless indoor-outdoor living.

On the second floor, find an 1,800-square-foot master suite with a marble slab bathroom, two fireplaces, a glass sunroom with a wet bar, and four additional bedroom suites, cove-lit hallways, laundry and double staircases.

Down on the finished lower level there’s a recreation area, a theater, a gym, a massage room with a steam shower and a sauna, a wine cellar and a bar.

Also among the home’s interior amenities is an elevator.

The estate has a double privet hedge, a gated entry, a courtyard, a three-car garage, a 20-foot-by-50-foot saltwater gunite pool, an 11-foot-by-7.5-foot tanning ledge, an 8-foot-square spa, an open concept pool house and a detached 1,200-square-foot art studio/cottage with a fireplace. Plus, there’s a permit for tennis.

Corcoran and Sotheby’s share the co-exclusive listing.

Associate broker Meegan Darby was instrumental in working with Rosewood Developers to pick out the finishes and successfully market this project, according to Corcoran.

The deal is expected to close on April 1.

You May Also Like:

Southampton Town Board Hears Report on Tax Assessment Status

Though no action is imminent, the Southampton Town Board heard an update on a potential ... 24 Apr 2024 by Christopher Walsh

REI Presents ‘Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?’ on May 3

The Real Estate Institute at Stony Brook University College of Business will present its spring luncheon, titled “Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?” on Friday, May 3, at the Hilton Garden Inn on the Stony Brook University campus. The discussion on Long Island’s zoning policies and their potential impact on the region’s housing crisis will include panelists Gwen O’Shea, the president and CEO of Community Development Corp. of Long Island; Michael Florio, the CEO of Long Island Builders Institute; and Stephen Romalewski, a professor at CUNY Graduate Center. David Pennetta, the executive managing director ... by Staff Writer

Tips for Avoiding Rental Scams

Rental scams are pervasive, targeting both those seeking permanent housing and those seeking a quick getaway or seasonal lease. To help prospective tenants avoid falling prey to scams, the New York Department of State’s Division of Consumer Protection is calling attention to common rental scams. The main takeaway is this: Avoid sending money for rental properties without first verifying the legitimacy of the listing. In 2023, the FBI received 9,521 real estate/rental scam related complaints with losses of over $145 million. “In today’s highly competitive housing market, renters are often targeted by scammers who use enticing offers to steal their ... by Staff Writer

Agency News: Alexis Meadows Joins Michael Lorber Team at Douglas Elliman

Alexis Meadows has joined the Michael Lorber Team, a top-ranking real estate team at Douglas ... 22 Apr 2024 by Staff Writer

Waterview Water Mill Shingle-Style Homes Sells for $11.38 Million

A Water Mill home with a view of Burnett Creek and a dock for access ... 17 Apr 2024 by Staff Writer

Sagaponack New Construction Designed by McDonough & Conroy Sells for $6 Million

A new 8,000-square-foot home in Sagaponack has sold for $6 million preconstruction. On 3.13 acres ... 9 Apr 2024 by Staff Writer

New Book Shows Long Island’s Past With Glimpses of Future

“Making Long Island: A History of Growth and the American Dream,” by Lawrence R. Samuel ... 5 Apr 2024 by Joseph Finora

Good Things Come in Small Packages

While large houses offer more space to spread out in, a new home in East ... 3 Apr 2024 by Brendan J. O’Reilly

Culloden Point Waterfront Home Sells for $12.5 Million

On Montauk’s Culloden Point and fronting Fort Pond Bay, the home at 8 Captain Balfour ... by Staff Writer

Sands Motel in Montauk Sells to Hospitality Group

Montauk’s Sands Motel at 71 South Emerson Avenue has sold to a prominent hospitality group, ... 29 Mar 2024 by Staff Writer