For sale

$31,995,000

111 Cobb Isle Rd, Water Mill, NY 11976

7beds

12,062sqft

Single Family Residence

Built in 2008

1.3 Acres Lot

$-- Zestimate^®

$2,653/sqft

$-- HOA

What's special

Stunning views

Experience an unparalleled waterfront living experience set within a private enclave at 111 Cobb Isle Road, Water Mill. This turn-key property is situated on 1.3 acres+/- and boasts endless views of Mecox Bay and the Atlantic Ocean. The magnificent 10,000 SF+/- primary residence and guest house feature a total of 7 beds, 8 full, and 3 half bathrooms, ensuring ample space for family and guests. Notable features include a waterside heated gunite pool & spa and 220' of bulkheaded bay frontage with a private dock on navigable waters.111 Cobb Isle Road is a turn-key estate that offers ample living space, complete privacy, bulkheaded bay frontage, a private dock, and direct access to the Atlantic Ocean. With its stunning views and unbeatable features, this property is the epitome of waterfront living.

17 days

1,146

54

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 11
Full bathrooms: 8
1/2 bathrooms: 3

Rooms

Room types: Family Room, Office

Features

Basement: No
Has fireplace: Yes

Interior area

Total structure area: 12,062
Total interior livable area: 12,062 sqft

Property

Parking

Parking features: GarageAttached
Has attached garage: Yes

Features

Has private pool: Yes
Pool features: Heated
Has spa: Yes
Spa features: Heated
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront
Frontage type: Waterfront

Lot

Size: 1.3 Acres

Details

Parcel number: 0900160000300029000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 2008

Community & HOA

Location

Region: Water Mill

Financial & listing details

Price per square foot: $2,653/sqft
Tax assessed value: $18,054,700
Date on market: 7/2/2026
Lease term: Contact For Details

Estimated market value

Not available

Estimated sales range

Not available

$7,107/mo

Price history

Date	Event	Price
3/17/2026	Listed for sale	$31,995,000-14.7%$2,653/sqft
Source: Out East #373864 Report a problem
2/11/2026	Listing removed	$37,500,000$3,109/sqft
Source: Out East #373864 Report a problem
3/25/2024	Price change	$37,500,000-3.7%$3,109/sqft
Source: Out East #373864 Report a problem
5/9/2023	Listed for sale	$38,950,000+116.4%$3,229/sqft
Source: Out East #373864 Report a problem
8/14/2006	Sold	$18,000,000$1,492/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$18,054,700
2024	--	$18,054,700
2023	--	$18,054,700
2022	--	$18,054,700 +0%
2021	--	$18,051,200
2020	--	$18,051,200
2019	--	$18,051,200 +17.1%
2018	--	$15,417,400
2017	$70,277	$15,417,400
2016	--	$15,417,400
2015	--	$15,417,400
2014	--	$15,417,400
2013	--	$15,417,400 +0.4%
2012	--	$15,362,300 +0.1%
2011	--	$15,347,600 +171%
2007	$24,902 +38.3%	$5,664,100 +65.5%
2005	$18,009 +21%	$3,423,316 +8340.1%
2004	$14,878 +5.5%	$40,560 +0.6%
2003	$14,106 +3.3%	$40,304
2002	$13,649	$40,304

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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