Introducing an extraordinary land offering in Watermill, New York, located along one of the Hamptons most iconic stretches, where open sky meets preserved farmland. This rare assemblage includes four 2-acre estate lots with R - 80 zoning, plus a stunning 33-acre protected, agricultural reserve, creating a unique opportunity for luxury estate development in the Hamptons. Each parcel offers exceptional scale and flexibility to build a custom Hamptons estate, including a grand main residence, pool, pool house, expensive patios, decking, and even a tennis court, all surrounded by protected farmland views and uninterrupted natural beauty. With direct adjacency to preserved land, this offering ensures privacy, open space, and long-term value, making it ideal for those seeking Hamptons land for sale with acreage or a multi-parcel compound opportunity. All five parcels, including the agricultural reserve, are also available for individual purchase, providing flexibility for investors, developers, or end-users. This is more than land, it's a rare chance to own prime Watermill real estate defined by privacy, serenity, and timeless Hamptons appeal.
Lot/land
$4,995,000
635 Deerfield Rd, Water Mill, NY 11976
0beds
--baths
1.84Acres
Unimproved Land
Built in ----
1.84 Acres Lot
$2,103,800 Zestimate®
$--/sqft
$-- HOA
What's special
Open spaceUninterrupted natural beauty
- 80 days |
- 64 |
- 4 |
Zillow last checked:
Listing by:
Corcoran Group,
Beth Marano - Associate Real Estate Broker 631-897-5046
Source: Out East,MLS#: 393985
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Features
- Basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Pool features: Room for a Pool
Lot
- Size: 1.84 Acres
Details
- Parcel number: 0900080000200001001
Community & HOA
Community
- Features: Room for a Tennis Court
Location
- Region: Water Mill
Financial & listing details
- Tax assessed value: $1,389,000
- Date on market: 3/7/2026
- Lease term: Contact For Details
Estimated market value
$2,103,800
$1.70M - $2.57M
$5,275/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2026 | Listed for sale | $4,995,000+1836% |
Source: Out East #393985 Report a problem | ||
| 3/16/1999 | Sold | $258,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,389,000 |
| 2024 | -- | $1,389,000 |
| 2023 | -- | $1,389,000 |
| 2022 | -- | $1,389,000 |
| 2021 | -- | $1,389,000 |
| 2020 | -- | $1,389,000 |
| 2019 | -- | $1,389,000 +12.1% |
| 2018 | -- | $1,239,000 |
| 2017 | $5,633 | $1,239,000 |
| 2016 | -- | $1,239,000 |
| 2015 | -- | $1,239,000 |
| 2014 | -- | $1,239,000 |
| 2013 | -- | $1,239,000 -13.8% |
| 2012 | -- | $1,437,600 -10% |
| 2011 | -- | $1,597,300 +16% |
| 2007 | $5,866 +27.5% | $1,376,600 +61.6% |
| 2005 | $4,601 +22.8% | $851,600 +7970.5% |
| 2004 | $3,748 +4.8% | $10,552 |
| 2003 | $3,575 +3.5% | $10,552 |
| 2002 | $3,454 | $10,552 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11976
Nearby schools
GreatSchools rating
- 4/10Southampton Intermediate SchoolGrades: 5-8Distance: 2.6 mi
- 6/10Southampton High SchoolGrades: 9-12Distance: 2.5 mi
- 6/10Southampton Elementary SchoolGrades: PK-4Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Suffolk County
- Water Mill
- 11976
- 635 Deerfield Rd


