515 Parsonage Ln, Sagaponack, NY 11962

7 beds, 10.5 baths, 11,760 sqft
For Sale
$12,900,000
Zestimate®: $10,934,795
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Make an appointment now to see this spectacular south facing quality built and designed residence of more than 11,500 square feet. High style is evident here throughout the three beautifully finished levels all reached by elevator as well as front and rear staircases. With miles of crystal clear ocean beaches just around the corner and open farm fields as a setting, this wonderful home is ready for your immediate enjoyment. A grand open floor plan boasting living and great room with fireplaces, library, fantastic kitchen, breakfast room and formal dining room all which flow seamlessly allowing for ease in the entertaining. The lavish master suite with farm and sky views is separate from the four additional en-suite bedrooms therefore creating the best of privacy for the homeowner. The light filled lower level with two aquariums is one of the best examples of finished lower level space including a guest suite, staff room, gym, spa, bar/lounge, home theater and spectacular 1500 bottle wine cellar. Outside the nearly 2 acres of land thoughtfully planned with perimeter plantings beyond the electric gates is the ideal setting for the 23 x 68' pool with 10 x 10 spa. The tennis court is nearby and ready today for doubles or singles play.  MoreLess
Facts
  • Lot: 2.3 acres
  • Single Family
  • Built in 2001
  • 730 days on Zillow
  • Cooling: Central
Features
  • Fireplace
  • Parking: Garage - Detached, 484 sqft
  • Pool
Room Types
  • Dining room
Construction
  • Construction quality: 8.0
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 1
Other
  • Floor size: 11,760 sqft
  • Parcel #: 0918007000100008000
  • Zillow Home ID: 32728019
Home Values
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The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$10,934,795
-$162,934 Last 30 daysd
$7.44M
$15.2M
Zestimate range
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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
$35,000/mo
+$0 Last 30 daysd
$6.6K
$65K
Zestimate range

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Neighborhood for 515 Parsonage Lane

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Zillow predicts Sagaponack home values will rise 4.6% next year, compared to a 0.1% increase for New York Metro as a whole. Among Sagaponack homes, this home is 144.4% more expensive than the midpoint (median) home, but is priced 24% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Sagaponack market, the number of foreclosures waiting to be sold fell 0.3% in the last year. The number of unsold foreclosures is 90% less than in New York Metro, and 98.5% less than the national average. This lower local number could help Sagaponack home values rise more quickly than other regions in New York Metro.

Learn more about forecast calculations or Sagaponack home values.
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