38 Mathews Rd Wainscott, NY 11975
Estimated payment $362,216/month
Highlights
- Ocean View
- Heated Pool and Spa
- 25 Acre Lot
- Media Room
- Home fronts a pond
- Open Floorplan
About This Home
Privately tucked away on a 25-acre± peninsula fronting Georgica Pond, Burnt Point is a world-class waterfront estate redefining luxury living. Breathtaking in scale and setting, this 25,000 SF± architectural masterpiece offers sweeping water views on three sides-capturing the tranquil beauty across Georgica Pond down to the Atlantic Ocean-and features over 2,000 feet± of direct water frontage, along with a private dock and boathouse. Designed by renowned architect Francis Fleetwood and featured in Architectural Digest, the home was built with steel frame construction to the highest standards of craftsmanship. A long, gated driveway leads to a grand entrance with a covered porte cochere. Inside, the interiors curated by Brian O'Keefe and designer Marjorie Shushan evoke timeless elegance, with a recent reimagination by Michael Smith. Detailed with 200-year-old antique oak flooring, six stone fireplaces, and distinctive arched doorways. No two rooms are alike, and nearly every space is graced with panoramic water views. The estate includes a five-bedroom main residence and a fully self-contained, three-bedroom guest wing connected by a Cotswold stone breezeway. With 10 full bathrooms, 4 half baths, and two working elevators, the home is both spacious and thoughtfully functional. Amenities include a stunning waterside infinity-edge pool with waterfall spa, sunken Har Tru tennis court with viewing pavilion, screened outdoor dining area with limestone flooring and built-in barbecue, and extensive terraces crafted from European sandstone and Cotswold stone. Manicured lawns stretch to the water's edge, while a professional greenhouse, multiple garages accommodating up to 10 vehicles, and underground tunnels linking mechanical systems exemplify the estate's unmatched infrastructure. Just minutes from the East Hampton Airport and ocean beaches. This is more than a home; it's a legacy property and a rare Hamptons retreat where elegance meets serenity.
Home Details
Home Type
- Single Family
Year Built
- Built in 2000
Lot Details
- 25 Acre Lot
- Home fronts a pond
Parking
- 6 Car Attached Garage
- Basement Garage
Property Views
- Ocean
- Pond
Home Design
- Traditional Architecture
Interior Spaces
- 25,000 Sq Ft Home
- Open Floorplan
- 6 Fireplaces
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Media Room
- Den
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Pool
- Heated Pool and Spa
- Heated In Ground Pool
Utilities
- Forced Air Heating and Cooling System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $186,338 | $263,200 | $26,400 | $236,800 |
| 2023 | -- | $263,200 | $26,400 | $236,800 |
| 2022 | $145,075 | $275,000 | $26,400 | $248,600 |
| 2021 | $145,075 | $275,000 | $26,400 | $248,600 |
| 2020 | $155,182 | $275,000 | $26,400 | $248,600 |
| 2019 | $155,182 | $0 | $0 | $0 |
| 2018 | $145,075 | $275,000 | $26,400 | $248,600 |
| 2017 | $146,235 | $275,000 | $26,400 | $248,600 |
| 2016 | $145,634 | $275,000 | $26,400 | $248,600 |
| 2015 | -- | $275,000 | $26,400 | $248,600 |
| 2014 | -- | $275,000 | $26,400 | $248,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | For Sale | $67,500,000 | 0.0% | $2,700 / Sq Ft |
| 05/07/2025 05/07/25 | Off Market | $67,500,000 | -- | -- |
| 04/24/2025 04/24/25 | For Sale | $67,500,000 | -- | $2,700 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | None Available | |
| Deed | $39,250,000 | Bruce Bieber | |
| Bargain Sale Deed | -- | -- | |
| Bargain Sale Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $10,000,000 | Unknown |
Source: NY State MLS
MLS Number: 11482637
APN: 0300-197-00-07-00-012-006
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Ask me questions while you tour the home.