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 *
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
2 days
The average home goes pending in 26 days.
SALE-TO-LIST
103.1%
Most homes are selling 3% above list price.
LIST PRICE
$18,500,000
Median sale price in this area is $757,515. (96% lower than this home)
PRICE DROP
0 price drops
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
Exterior features
No exterior feature details provided
Home design
Property located in Water Mill, NY (Suffolk County)
Parking
No parking details provided
Security
No security details provided
Construction
No construction details provided
Utilities
Septic system required
Septic tank on property
HOA & community
No HOA or community details provided
Financial info
2025 tax year
Taxes reported by the municipality
Other
Annual property tax amount reported as $15,364
Electricity and solar
View estimated energy costs and solar savings for this home
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)
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48
33
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41
64
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59
81
67
77
59
72
56
64
47
53
37
41
27
Jan
Feb
Mar
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May
Jun
Jul
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Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 20% for direct sun exposure in the zip code. 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 for $14,500,000
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $1.8M to $14.5M.
Local rules require you to be signed in32 Farmstead Ln, Water Mill, NY 11976