331 Cobb Rd, Water Mill, NY 11976
Property image
Property image
NOT ACTIVE

$6,644,500

Trulia Estimate
  • 5 Beds
  • 7 Baths
  • 4,300 sqft (on 0.69 acres)

331 Cobb Rd, Water Mill, NY 11976

Est. Refi. Payment $45,399/mo*
Refinance Your Home
Currently Off Market - Sold Sep 24, 2002 for $1,960,000
This property is off market or not active on Trulia

Home Value

Trulia Estimate
$6.64M
Since last month
Increased$117K (+1.8%)
Since last year
Increased$666K (+11.1%)
Since last sale
Increased$5M (+239%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +60% in the last 10 years
MonthEstimated value
2026
September 2026$6.64M
August 2026$6.53M
July 2026$6.5M
June 2026$6.64M
May 2026$6.52M
April 2026$6.41M
March 2026$6.28M
February 2026$6.34M
January 2026$5.7M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
406 Montauk Hwy, Water Mill, NY
0.30
Single-Family Home
$3,150,000
04/30/26
6
5.5
5,821
117 Mill Creek Close, Water Mill, NY
0.58
Single-Family Home
$5,400,000
02/20/26
5
5.5
4,918
112 Cobb Rd, Water Mill, NY
0.41
Single-Family Home
$3,900,000
01/05/26
8
9.5
8,020
298 Montauk Hwy, Water Mill, NY
0.37
Single-Family Home
$5,200,000
11/07/25
7
8.5
9,000
317 Cobb Rd, Water Mill, NY
0.03
Single-Family Home
$6,100,000
03/19/26
4
4
-
210 Downs Path, Southampton, NY
0.89
Single-Family Home
$8,857,000
06/26/26
5
6
3,654

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
317 Cobb Rd, Water Mill, NY 11976
0.03
$6,100,000
4
4
-
Recently Sold
366 Cobb Rd, Water Mill, NY 11976
0.18
$15,745,400
7
11
10,176
Off Market
446 Cobb Rd, Water Mill, NY 11976
0.21
$6,495,000
5
6.5
4,200
For Sale
39 Cobb Hill Ln, Water Mill, NY 11976
0.27
$7,798,000
7
7.5
6,059
Off Market
25 Cobb Isle Rd, Water Mill, NY 11976
0.27
$11,616,300
7
9
8,674
Off Market
15 Little Cobb Rd, Water Mill, NY 11976
0.27
$7,500,000
4
3
3,059
For Sale
29 Cobb Isle Rd, Water Mill, NY 11976
0.31
$13,333,900
6
8.5
7,650
Off Market
406 Montauk Hwy, Water Mill, NY 11976
0.30
$3,150,000
6
5.5
5,821
Recently Sold
158 Cobb Rd, Water Mill, NY 11976
0.33
$10,500,000
7
7.5
-
For Sale
52 Holly Ln, Water Mill, NY 11976
0.35
$11,842,700
4
4.5
5,000
Off Market
34 & 30 Cobb Isle Rd, Water Mill, NY 11976
0.39
$12,864,300
8
10
12,407
Off Market

Local Information

  • Map ViewExplore the area around 331 Cobb Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
0.69 acre lot
4,300 sqft
$1,545/sqft
Attached Garage

About this House

Situated south of the highway in Water Mill, this spacious home on .69+/- acre boasts five bedrooms, six and two half baths, and exquisite details. The entry foyer leads to a bright living room with cathedral ceilings and a shared wood-burning fireplace with an adjacent sunroom. French doors open to a covered outdoor living area. The formal dining room connects to an eat-in chef's kitchen with granite countertops, custom cabinetry, and high-end stainless steel appliances. A first-floor junior primary suite with a chic bath and French doors to the grounds provides convenience.Upstairs, the main primary suite features a cathedral ceiling, private terrace overlooking the pool, and a spacious white marble bath. Additional bedrooms and baths are beautifully finished. Enjoy the lush and private grounds with a heated gunite pool and spa, pool house, outdoor shower and spacious bluestone patios. Close proximity to Flying Point Beach, Southampton Village restaurant and shopping
331 Cobb Rd, Water Mill, NY 11976 is a 5 bedroom, 8 bathroom, 4,300 sqft single-family home. It last sold for $1,960,000 on Sep 24, 2002 (57% below the $4,595,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $6,644,500.
Contact this Building
Property Website
Source: Out East, MLS#377228

Home Details for 331 Cobb Rd

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 4300 Square Feet
Heating & Cooling
Has CoolingAir Conditioning: Central AirNo Heating
Fireplace & Spa
Spa: HeatedHas a FireplaceHas a Spa
Levels, Entrance, & Accessibility
Stories: 2
View
No View

Exterior Features

Exterior Home Features
Has a Private Pool
Parking & Garage
No CarportHas a GarageHas an Attached GarageParking: GarageAttached
Pool
Pool: HeatedPool
Frontage
Not on Waterfront

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction

Price & Status

Price
List Price: $4,595,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Water Mill

Building

Building Area
Building Area: 4300 Square Feet

Lot Information

Lot Area: 0.69 acres

Miscellaneous

BasementMls Number: 377228Listing Url

Price and Tax history

DateEventPrice
Mar 8, 2024
Source: Out East #377228
ListingRemoved
$4,595,000
Nov 24, 2023
Source: Out East #377228
Listed For Sale
$4,595,000
Mar 20, 2018
Source: Agent Provided
ListingRemoved
$3,595,000
Mar 19, 2018
Source: Agent Provided
PriceChange
$3,595,000
Price decreased by 10%
Nov 30, 2017
Source: Agent Provided
Listed For Sale
$3,995,000

Market trends in Water Mill

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
50
1MoM

Around this home

What Locals Say about Water Mill

At least 11 Trulia users voted on each feature.

  • 93 % Say yards are well-kept

  • 92 % Say car is needed

  • 88 % Say there's wildlife

  • 86 % Say it's quiet

  • 64 % Say people would walk alone at night

  • 63 % Say parking is easy

  • 53 % Say there's holiday spirit

  • 46 % Say they plan to stay for at least 5 years

  • 45 % Say it's dog friendly

  • 40 % Say kids play outside

  • 38 % Say neighbors are friendly

  • 24 % Say streets are well-lit

  • 21 % Say it's walkable to restaurants

  • 19 % Say there are sidewalks

  • 14 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 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

Frequently asked questions about 331 Cobb Rd

  • What is 331 Cobb Rd estimated to be worth?
    Trulia's estimated value for 331 Cobb Rd in Water Mill, NY is $6,644,500.
  • What is the price history for 331 Cobb Rd?
    331 Cobb Rd in Water Mill, NY last sold for $1,960,000 in September 2002.
  • Is Water Mill a buyer's or seller's market?
    Water Mill is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Water Mill?
    Residents describe Water Mill, NY as well-kept, quiet, and easy to park in. Most residents say you need a car. See recently sold homes in Water Mill, NY.
  • Does 331 Cobb Rd have air conditioning?
    Yes, 331 Cobb Rd in Water Mill, NY has air conditioning.
  • Does 331 Cobb Rd have a pool?
    Yes, 331 Cobb Rd in Water Mill, NY has a pool.

Explore by feature - Garage

51 rentals with a garage in Water Mill, NY

Explore by feature - Air Conditioning

91 rentals with air conditioning in Water Mill, NY

Explore by feature - Pool

95 rentals with a pool in Water Mill, NY

Explore by feature - Outdoor Space

25 rentals with an outdoor space in Water Mill, NY

Apartments for Rent

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