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Off market
  • $9,990,000

    328 Hayground Rd, Water Mill, NY 11976

    5beds
    8,000sqft
    SingleFamily
    Built in 2018
    1.4 Acres Lot
    $9,990,000 Zestimate®
    $1,249/sqft
    $6,872 Estimated rent

    Home value

    $9,990,000

    $8.29M - $11.99M

    $6,872/mo

    Zestimate® history
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    $69,413/mo

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    $69,413/mo

    Est. payment

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    What's special

    Half basketball courtWide-plank white oak floorsHeated saltwater poolHome officeWest-facing backyard paradisePool houseBluestone patio

    Embraced by acres of Hamptons countryside, 328 Hayground Road is a vision of luxury living in a peaceful Water Mill setting. The chic contemporary estate on 1.40 acres offers 8,000 +/- sq. ft. of living space, 5 sun-filled bedrooms, 8.5 baths, attached 2-car garage, heated saltwater pool, pool house, half basketball court, and fully-loaded lower level. Enter to a grand, yet understated interior highlighted by wide-plank white oak floors, double-height ceilings with exposed antique beams and large, premium windows overlooking the pool and grounds. For seamless flow when entertaining, the dining room and central gathering space are warmed by a double-sided fireplace. The custom kitchen has premium appliances (including espresso maker and wine fridge), and large marble eat-in countertop, plus easy access to the patio for dining al fresco. A separate den/media lounge and home office are also located on this level. Throughout, Restoration Hardware furnishings elevate the interiors, blending heirloom quality with contemporary comfort. Lutron lighting casts a warm, customizable glow, while motorized blackout shades ensure effortless serenity. Each of the bedrooms is well-sized and ready to accommodate loved ones and guests, including the lavish primary suite with scenic view, its own fireplace and luxe bath with radiant heated floors. The lower level is perfect for year-round luxury living with a large recreation/games room. Outdoors, find a west-facing backyard paradise, framed by lush privet hedges for intimate seclusion and offering sweeping, unobstructed vistas of rolling farmland. Unwind on the bluestone patio or Ipe deck surrounding the 16'x44' gunite saltwater heated pool. The pool house elevates al fresco living with a full bath, wet bar, and refreshing outdoor shower-ideal for sunset cocktails or starlit swims. Enviably located in the heart of the Hamptons, this estate is peaceful and private yet close to everything that makes life here such a luxury. Nearby, find world-renowned farmstands, white sandy beaches, equestrian, golf, and elevated living in Water Mill and Bridgehampton Villages.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals,MLS#: 391788

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Laundry Room
    Heating
    • Central, Fireplace
    Cooling
    • Air Conditioner, Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Parking features: None
    • Details: Contact manager
    Features
    • Stories: 2
    • Patio & porch: None
    • Exterior features: None
    • Has private pool: Yes
    • Pool features: Pool
    Lot
    • Size: 1.4 Acres
    Details
    • Additional structures: None
    • Parcel number: 0900081000300029007
    • Other equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: SingleFamily
    Condition
    • Year built: 2018

    Community & HOA

    Community
    • Features: None, Pool
    HOA
    • Amenities included: Laundry, None, Pool
    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,249/sqft
    • Tax assessed value: $3,996,400
    • Date on market: 10/30/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/7/2026Listing removed$50,000$6/sqft
    Source: Zillow Rentals #391788 Report a problem
    2/28/2026Price change$50,000-55.6%$6/sqft
    Source: Zillow Rentals Report a problem
    12/11/2025Price change$112,500+50%$14/sqft
    Source: Zillow Rentals Report a problem
    10/30/2025Listed for rent$75,000$9/sqft
    Source: Zillow Rentals Report a problem
    5/12/2014Sold$2,350,000-2.1%$294/sqft
    Source: Public Record Report a problem
    9/19/2013Listing removed$2,400,000$300/sqft
    Source: NestSeekers International Report a problem
    6/19/2013Listed for sale$2,400,000$300/sqft
    Source: NestSeekers International Report a problem
    5/9/2013Listing removed$2,400,000$300/sqft
    Source: NestSeekers International Report a problem
    12/15/2012Listed for sale$2,400,000+245.3%$300/sqft
    Source: NestSeekers International Report a problem
    12/15/1999Sold$695,000$87/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $3,996,400 +10%
    2024-- $3,631,800
    2023-- $3,631,800
    2022-- $3,631,800
    2021-- $3,631,800
    2020-- $3,631,800
    2019-- $3,631,800 +54.2%
    2018-- $2,355,800 +19.5%
    2017$8,675 $1,971,800
    2016-- $1,971,800
    2015-- $1,971,800 +27.4%
    2014-- $1,547,800 -12.7%
    2013-- $1,773,400
    2012-- $1,773,400
    2011-- $1,773,400 +28.4%
    2007$5,711 +27%$1,381,300 +61.8%
    2005$4,495 -6.3%$853,926 +6266.9%
    2004$4,798 +5.1%$13,412
    2003$4,565 +2.9%$13,412
    2002$4,435 $13,412
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $9,990,000
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    Estimated market value
    $9,990,000