Water Mill Estate Last Listed For $16 Million Sells - 27 East

Real Estate News

Real Estate News / 1735249

Water Mill Estate Last Listed For $16 Million Sells

icon 5 Photos
178 Bay Lane, Water Mill

178 Bay Lane, Water Mill

178 Bay Lane, Water Mill

178 Bay Lane, Water Mill COURTESY BESPOKE

178 Bay Lane, Water Mill

178 Bay Lane, Water Mill COURTESY BESPOKE

178 Bay Lane, Water Mill

178 Bay Lane, Water Mill COURTESY BESPOKE

178 Bay Lane, Water Mill

178 Bay Lane, Water Mill COURTESY BESPOKE

authorStaff Writer on Nov 5, 2020

A 2-acre Water Mill estate with views of Mecox Bay recently sold after last asking $15.95 million.

Including a finished lower level, the residence offers 13,589 square feet of living space, with seven bedrooms, nine full bathrooms and three half-baths.

Access the main level through the covered front entry and find a great room, a den, a living room, a formal dining room, and a gourmet eat-in kitchen, each with access to covered porches and terrace space. A mudroom and a heated three-car garage are also on this level.

The upper level with 11-foot ceilings has the master suite with an oversized fireplace, an office, and a private terrace with ocean and bay views. A junior master and four additional guest suites, two of which has walk-in closets, are also found on this level.

Among the amenities in the home are Control 4 home automation, Lutron lighting, Sonos audio, top-of-the-line appliances by Wolf, Sub-Zero and Miele, a two-lane bowling alley, a 10-seat movie theater, a gym, a steam room and a sauna.

The estate also includes a 20-foot-by-50-foot heated gunite pool and spa, a 1,200-square-foot pool house with a kitchenette, and a sunken clay tennis court.

Bespoke represented both the seller and the purchaser in the deal that closed late last month.

The property last changed hands in 2013 for $14.4 million, when the residence was newly built by Farrell Building Company.

You May Also Like:

Parrish’s Friday Nights Live Series Tackles Affordable Housing

The Parrish Art Museum’s latest installment of its Friday Nights Live series last week delved ... 19 Jan 2021 by Brendan J. OReilly

Potential Impacts Of Proposed 52-Unit Condo Development In Westhampton Beach Detailed

The developer proposing a new 52-unit condominium community in Westhampton Beach at the site of ... by Brendan J. OReilly

Southampton Village Residence With ‘Million-Dollar Lower Level’ Sells For Nearly $10 Million

A 10,580-square-foot residence on 1.6 acres with pool and tennis at the eastern end of ... 18 Jan 2021 by Staff Writer

Community Preservation Fund Revenue In 2020 Is All-Time High

Peconic Bay Region Community Preservation Fund revenue continued to amass at a record pace in November, as the five East End towns collected $15.5 million during the month, bringing the total haul for the first 11 months of 2020 up to $118.11 million — more than any full year in the history of the program founded in 1999. Revenue was 70.5 percent higher than the same months in 2019, noted New York State Assemblyman Fred W. Thiele Jr., and November 2020’s $15.5 million total was the second-best month ever, behind October 2020’s $17.93 million. In November 2019, revenue was just ... 15 Jan 2021 by Staff Writer

New Yorkers Struggling To Pay Rent May Be Eligible For One-Time Subsidies

New York State residents with a household income below 80 percent of the area median income may be eligible for rent relief under the federal CARES Act and the New York State COVID Rent Relief Extension Program — and the February 1 deadline to apply is fast approaching. The one-time rental subsidy is sent directly to the home’s landlord, and the assistance never needs to be repaid. Applicants must be renters with a primary residence in New York State, must have lost income between April 1 and July 31, 2020, and must have been “rent-burdened” during that period, meaning their ... by Staff Writer

New York State Residential Eviction Moratorium Continues Until May

The COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020, which Governor Andrew Cuomo signed into law last month, extends New York State’s moratorium on residential evictions, which was first instituted on March 20, 2020, until May 1, 2021. The law applies to both residential convictions and foreclosure proceedings when the tenant or homeowner is experiencing a hardship related to COVID-19. Additionally, the law prohibits credit discrimination and negative credit reporting due to the pandemic. “When the COVID-19 pandemic began, we asked New Yorkers to protect each other by staying at home. As we fight our way through the marathon ... 13 Jan 2021 by Staff Writer

In-land Record Breaks As Southampton Village Racks Up Eight-Figure Real Estate Sales

Southampton Village saw a number of eight-figure transactions close as 2020 neared its end, the ... 12 Jan 2021 by Staff Writer

Oceanfront Residence On Bridgehampton’s Dune Road Sells For $50 Million

An oceanfront property in Bridgehampton recently changed hands for $50.15 million in an off-market transaction, ... 11 Jan 2021 by Staff Writer

Sale Of Quogue Oceanfront For $22.5 Million Sets New West-Of-The-Canal Record

An oceanfront residence in Quogue sold at the end of last year for $22.5 million, ... 8 Jan 2021 by Staff Writer

New Signed Contracts For Hamptons Home Sales Up 40 Percent In December 2020

For the seventh month in a row, the number of single-family homes in the Hamptons ... 5 Jan 2021 by Brendan J. OReilly

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported