71 Cobb Ln, Water Mill, NY 11976
FOR SALE9.11 ACRES

71 Cobb Ln
Water Mill, NY 11976

  • 13 Beds
  • 19 Baths
  • 17,173 sqft (on 9.11 acres)
  • 13 Beds
  • 19 Baths
  • 17,173 sqft (on 9.11 acres)

$52,500,000

Original price: $59,950,000
Est. Mortgage $355,627/mo*

Local Information

map showing home location
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Commute Destination

Description

Set on over 9 acres with 3,173 +/- feet of private shoreline on Burnett Creek, this generational estate offers an opportunity like no other in the Hamptons. Located along a private peninsula on Mecox Bay, the property presents the ultimate in setting and exclusivity. Designed by renowned architect Barnes Coy Architects, the 17,173 +/- sq. ft. residence has been meticulously maintained and continuously updated over the past two decades. The main house is spread across two levels presenting open spaces and intelligent architectural aspects throughout. With design elements that harness natural light across each area of the home, this ample residence is bright and enjoyable all year round. The home affords multiple living areas, each of which showcase tranquil bay vistas through large windows adorned with brilliant trim detailing. A fully equipped eat-in kitchen offers outstanding water views with a breakfast area capable of seating 10. The separate formal dining room offers additional seating for all types of hosting and entertaining. Space for guests and staff is plentiful, with a total of 13 bedrooms, 13 full and 6 half bathrooms, and additional staff quarters. With expansive grounds, the backyard presents luxurious amenities such as a tennis court accompanied by a tennis house, basketball court, saltwater gunite pool and spa, along with a two-level pool house inclusive of a commercial kitchen, gym, sauna, arcade, and pool side deck with all-weather dining area. A perfectly manicured walkway to the water's edge leads to the private dock which offers access to Mecox Bay. All of which create one of the most rare and unique offerings ever to come to market in the Hamptons. With a major redevelopment plan by award-winning design and architecture firm Ingrao Inc., the property can be completely modernized and updated. Inquire for additional details and floor plans.

Home Highlights

Parking
Attached Garage
Outdoor
Pool
A/C
Cooling only
HOA
None
Price/Sqft
$3,057
Listed
180+ days ago
Listing by: Hedgerow Exclusive Properties, (631) 296-8543

Home Details for 71 Cobb Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central Air
Fireplace & Spa
Fireplace

Days on Market

Days on Market: 180+ Days on Trulia

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Attached, Garage Attached
Pool
Pool

Price & Status

Price
Price Per Sqft: $3,057

Agent Information

Listing Agent
MLS/Source ID: 365738

Lot Information

Lot Area: 0.00 Acres

Price History for 71 Cobb Ln

DatePriceEventSource
03/26/2024$52,500,000PriceChange
Out East #365738
08/09/2022$59,950,000PriceChange
Out East #365738
07/08/2022$64,000,000PriceChange
Out East #365738
05/05/2022$72,000,000Listed For SaleOut East #365738

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Comparable Sales for 71 Cobb Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.35
Single-Family Home
$12,500,000
10/10/23
6
8
11,500
1.82
Single-Family Home
$12,000,000
10/04/23
8
9
8,300
0.97
Single-Family Home
$3,950,000
09/06/23
3
2
1,300
2.17
Single-Family Home
$7,850,000
03/14/24
8
12
10,000
1.27
Single-Family Home
$1,900,000
07/07/23
3
2
1,550

What Locals Say about Water Mill

  • Jimww621
    "Watermill is a wonderful town with activities for kids year round. The public schools are fair to good. "
    5
    Flag
  • Carolina
    "great neighborhood to live but pretty expensive, ideal for rich people, great schools, great restaurants "
    3
    Flag

LGBTQ Local Legal Protections

Hedgerow Exclusive Properties - Real Estate Sales Person, Hedgerow Exclusive Properties
71 Cobb Ln, Water Mill, NY 11976 is a 13 bedroom, 19 bathroom, 17,173 sqft single-family home. This property is currently available for sale and was listed by Out East on Sep 11, 2023. The MLS # for this home is MLS# 365738.