NOT LISTED FOR SALE

770 Ocean Rd Water Mill, NY 11976

Estimated Value: $5,967,000 - $16,390,299

4 Beds
4.5 Baths
5,500 Sq Ft
$2,032/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $17,000,000 $3,091 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $69,343/month

560 Days on Market

Highlights

  • Pool House
  • Traditional Architecture
  • Central Air
  • 3.2 Acre Lot
  • 2 Fireplaces
  • Baseboard Heating

About This Home

As of September 2022

A rare opportunity to own one of the last expansive properties in Bridgehampton South within a short distance to the ocean: 3.2+/- acres bordering 67 acres of reserves and farm fields on three sides, on Ocean Road. The property can accommodate a 10,000 - 12,000+/- sq. ft. home with new pool, pool house, tennis and garage. At the end of a long private drive a traditional farmhouse currently in place offers wraparound porches, an open floor plan, soaring cathedral ceilings, wide plank southern pine floors, gourmet country kitchen with Carrara marble countertops, large dining area, four bedrooms including a master wing, four and one-half baths, a 600+/- sq. ft. screened porch, two wood-burning fireplaces, heated gunite pool, pool house, outdoor shower and two-car garage. The entire home is flooded with light throughout the day and allows you to experience some of the most stunning sunsets and majestic views that the Hamptons has to offer. Relax on the screened porch and soak in the wonderful southwest breezes across countless acres of open space in a setting that embodies the true feel of bucolic Bridgehampton. Enjoy this hidden gem, expand upon its beauty, or create your own very private and unique estate. Broker/Owner

Last Agent to Sell the Property

Jim Gallo

Saunders & Associates Listed on: 02/09/2021

Saunders & Associates

Last Buyer's Agent

Non-Member Agent

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,555

Year Built

  • Built in 1995

Lot Details

  • 3.2 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Pool House
  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • Bh South Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,555

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • HasCentralAC: Yes
  • HeatFuelOil: Yes
  • HeatTypeBaseboard: Yes
  • Lot Size Acres: 3.20
  • Number Of Stories: 2
  • OutbuildingPoolHouse: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PoolGunite: Yes
  • PoolHeated: Yes
  • PoolInground: Yes
  • PropertyCity: Bridgehampton
  • PropertyTownship: Southampton
  • Prop. Type: Residential
  • ResidentialStyle: Traditional
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Fireplaces: 2
  • AboveArea Sq Ft: 5500

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • Numberof Garage Spaces: 2

Condo/Co-op/Association

  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 4
  • Total Taxes: 23555

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $17,000,000 +9.7% $3,091 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
02/09/2021 02/09/21 For Sale $15,495,000 -- $2,817 / Sq Ft
Source: NY State MLS

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 -- $6,314,600 $4,826,100 $1,488,500
2023 -- $6,474,600 $4,986,100 $1,488,500
2022 $20,765 $6,474,600 $4,986,100 $1,488,500
2021 $20,765 $6,465,100 $4,986,100 $1,479,000
2020 $23,152 $6,465,100 $4,986,100 $1,479,000
2019 $23,152 $0 $0 $0
2018 -- $6,464,600 $4,986,100 $1,478,500
2017 $21,851 $6,108,400 $4,629,900 $1,478,500
2016 $20,778 $5,601,200 $4,629,900 $971,300
2015 -- $5,601,200 $4,629,900 $971,300
2014 -- $5,601,200 $4,629,900 $971,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NY State MLS

MLS Number: 10969910

NY State MLS

APN: 0900-105-00-01-00-015-003