Pending

$18,500,000

Est. $106,713/mo —

Land

•

7.20

acres (lot)

635-641 Deerfield Rd, Water Mill, NY 11976

About this home

Relaunched at a Compelling New Price | Estate Lots in Water Mill A Fresh Opportunity to Build in One of the Hamptons' Most Coveted Locations. Thoughtfully reintroduced to the market at a compelling new price, this exceptional land offering presents one of the rarest opportunities available in Water Mill. Set along one of the Hamptons' most iconic corridors, where expansive skies meet permanently protected farmland, the offering includes four premier shy 2-acre estate lots with R-80 zoning, bordering a remarkable 33-acre protected agricultural reserve. Each buildable homesite offers the ideal canvas for a world-class Hamptons estate, with ample room for a grand custom residence, resort-style pool, pool house, expansive outdoor entertaining areas, and a private tennis or pickleball court, all framed by sweeping preserved farm views that can never be replicated. Bordering protected agricultural land, these estate parcels deliver an extraordinary combination of privacy, open space, and enduring value. Whether creating a legacy residence, a multi-generational compound, or an investment in one of the Hamptons' most sought-after communities, this offering represents a truly exceptional opportunity. Now repositioned for today's market, this is an exceptional opportunity to secure premier Water Mill land at an outstanding value, where timeless Hamptons luxury meets forever-protected views. * This listing includes 794 Head of Pond Road *

Vacant landProperty Type

7.2 acresLot Size

$2,569,444Price/Acres

Listing by Beth Marano • Corcoran

Listing updated: Aug 21, 2026 at 03:14am

Redfin checked: 2 minutes ago

•Source:OneKey® MLS as Distributed by MLS Grid #1029386

Payment calculator

$106,713 per month

Principal and interest$100,962

Property taxes

$1,280

HOA dues

Home insurance

$4,471

Utilities

Add

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Down payment assistance

View down payment assistance programs for this home

Open houses

No upcoming open houses.

Nearby open houses (3)

Around this home

Schools

K - 12
Preschool & daycare

Southampton Intermediate School

Public 5-8 • Assigned • 2.6mi

6/10

Southampton High School

Public 9-12 • Assigned • 2.5mi

7/10

Provided by GreatSchools

About The

Hamptons

The Hamptons, located between East Hampton Village and Montauk Point, is a coastal and resort Montauk neighborhood with ocean beaches and dune-backed bluffs. The neighborhood’s character concentrates around Montauk Highway at South Elmwood Avenue, where surf shops, seafood counters, and low-key galleries set the pace. Iconic pillars include The Surf Lodge, Gosman’s Dock, and the Montauk Point Lighthouse. Cedar-shingled cottages and modern beach houses sit behind wind-shaped hedges and sandy lanes. Days track the shoreline from Ditch Plains to the rocky edges near the Point. Marinas, farm stands, and seasonal markets keep the calendar tied to the water and fields.

Provided by Walk Score and Local Logic

Market insights

635-641 Deerfield Rd · $18,500,000

DAYS ON MARKET

The average home goes pending in 26 days.

SALE-TO-LIST

Most homes are selling 3% above list price.

LIST PRICE

Median sale price in this area is $757,515. (96% lower than this home)

PRICE DROP

16% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Interior features
No interior feature details provided

Bedrooms
No bedroom details provided

Bathrooms
No bathroom details provided

Kitchen
No kitchen details provided

Laundry & utility
No laundry or utility details provided

Flooring
No flooring details provided

Heating & cooling
No heating or cooling details provided

Sale and tax history for 635-641 Deerfield Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2022

$2,874

$1,103,400 + $285,600

$1,389,000

2021

$2,874 (−49.5%)

$1,103,400 + $285,600

$1,389,000

2020

$5,692 (+1.7%)

$1,103,400 + $285,600

$1,389,000

2019

$5,595 (+4.4%)

$1,103,400 + $285,600

$1,389,000

2018

$5,359 (−0.7%)

$993,100 + $245,900

$1,239,000

2017

$5,394 (−3.6%)

$993,100 + $245,900

$1,239,000

2016

$5,596 (−5.5%)

$993,100 + $245,900

$1,239,000

2015

$5,924 (+2.6%)

$993,100 + $245,900

$1,239,000

2014

$5,773 (−13.0%)

$993,100 + $245,900

$1,239,000

2013

$6,637 (−6.1%)

$1,191,700 + $245,900

$1,437,600

2012

$7,066 (+8.6%)

$1,324,100 + $273,200

$1,597,300

2011

$6,504 (−6.8%)

$1,226,800 + $273,200

$1,500,000

2010

$6,982 (+15.6%)

$1,324,100 + $273,200

$1,597,300

2009

$6,040

$1,103,400 + $273,200

$1,376,600

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.84 Acres

Year renovated

—

Finished Sq. Ft.

1,876

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,876

Year built

1994

Style

Single Family Residential

County

Suffolk County

APN

0900080000200001001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 90° expected this year, 20 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Water Mill, NY • 11976

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 20% for direct sun exposure in Water Mill. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.3 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 635-641 Deerfield Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $8,500,000 and $14,500,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.8M to $14.5M.

Local rules require you to be signed in
32 Farmstead Ln, Water Mill, NY 11976
Unknown Last sold price
3 beds2 baths1,034 sq ft
32 Farmstead Ln, Water Mill, NY 11976
Listing by Saunders & Associates
smaller lot
SOLD MAY 13, 2026
$14,500,000 Last sold price
Land— sq ft
943 Flying Point Rd, Water Mill, NY 11976
Listing by Nest Seekers International LLC
smaller lot
Local rules require you to be signed in
15 Swans Neck Ln, Water Mill, NY 11976
Unknown Last sold price
4 beds4 baths2,603 sq ft
15 Swans Neck Ln, Water Mill, NY 11976
Listing by Saunders & Associates
smaller lot
Local rules require you to be signed in
179 Elm St, Southampton, NY 11968
Unknown Last sold price
3 beds2.5 baths1,604 sq ft
179 Elm St, Southampton, NY 11968
Listing by Saunders & Associates
smaller lot
Local rules require you to be signed in
411 N Main St, Southampton, NY 11968
Unknown Last sold price
2 beds2 baths1,692 sq ft
411 N Main St, Southampton, NY 11968
Listing by Saunders & Associates
smaller lot
SOLD MAY 11, 2026
$8,500,000 Last sold price
6 beds7.5 baths5,763 sq ft
27 Adams Ln, Southampton, NY 11968
Listing by Nest Seekers International LLC
smaller lot
basement

This home is pending

The seller has accepted an offer, and this property is now .

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New listings for sale in 11976

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Details provided by OneKey® MLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Open houses

Nearby open houses (3)

Around this home

Schools

Market insights

Property details

Sale and tax history for 635-641 Deerfield Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 635-641 Deerfield Rd

This home is pending

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