122 Olivers Cove Ln, Water Mill, NY 11976

7 beds8.5 baths7,400 sqft Edit

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Sold: $12,000,000
Sold on 05/30/14
Zestimate®: $9,234,569
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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In a premiere South of the Highway location on 1.9+/- expansive acres is a James Merrell Architects designed custom manor home constructed to the highest of standards by Peter Cardel. The 7400+/- sq. ft. shingled traditional with modern flair is thoughtfully designed to ensure comfort, privacy and enjoyment with floor to ceiling windows and access to the outdoors from virtually every room. Seven en-suite bedrooms, oversized gourmet kitchen, open living and dining room with fireplace, and mud room/crafts area. A stadium seating theater, gym, sauna and steam room, staff quarters, and second laundry are located on the lower level giving to extensive grounds. This geothermal energy efficient home includes 6 fireplaces, wide plank white oak flooring, custom paneling and cabinetry, and elevator. Oversized heated gunite pool and spa with waterfall, sunken tennis court, pergola with stone fireplace and BBQ center with Wolf appliances all situated on manicured grounds. Attached 2-car garage.  More Less 

Facts

  • Lot: 1.86 acres
  • Single Family
  • Built in 2013
  • Views: 1,861 all time views
  • Cooling: Central
  • Heating: Other
  • Last sold: May 2014 for $12,000,000
  • Last sale price/sqft: $1,622

Features

  • Fireplace
  • Fitness Center
  • Hot Tub/Spa
  • Patio
  • Pool
  • Tennis Court

Appliances Included

  • Dishwasher

Construction

  • Construction quality:
    9.0
    Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
  • Exterior material: Wood
  • Stories: 2
  • Structure type: Colonial
  • Unit count: 1

Other

  • Floor size: 7,400 sqft
  • Parcel #: 0900102000300014033
  • Zillow Home ID: 32728820

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$9,234,569
-$151,222 Last 30 days
$7.11M
$13.9M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
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Popularity on Zillow

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1,861 all-time views
of this home (chart)
115 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $4.75-11.6M.

$4.18M
$12.17M

Mortgages

Neighborhood

Market guide

Zillow predicts 11976 home values will increase 1.8% next year, compared to a 1% rise for Water Mill as a whole. Among 11976 homes, this home is valued 274.9% more than the midpoint (median) home, and is valued 101.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 11976, the number of foreclosures waiting to be sold is 43.1% higher than in Water Mill, and 78.2% less than the national average. This higher local number may prevent 11976 home values from rising as quickly as other regions in Water Mill.

Learn more about forecast calculations or 11976 home values.
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    Nearby Schools in Water Mill

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org