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New construction
  • $34,700,000

    975 Flying Point Rd, Water Mill, NY 11976

    9beds
    19,460sqft
    Single Family Residence
    Built in 2026
    2.91 Acres Lot
    $13,986,000 Zestimate®
    $1,783/sqft
    $-- HOA

    What's special

    Waterfront terraceWaterfront parcelsOpen sightlinesDock rightsResort-style pool settingExpansive living spacesDramatic sculptural stair
    An extraordinary, unparalleled opportunity to possess the trifecta water vision of bay, pond and ocean. This is truly a treasured trophy. Set South of the Highway on nearly three pristine acres in Water Mill, 975 Flying Point Road offers an unbelievable new construction opportunity. With 415' of water frontage, sweeping pond, bay, and ocean views, dock rights, and a coveted Flying Point setting, this is a true Hamptons legacy offering - where an iconic modern estate can be realized on one of the East End's most exceptional waterfront parcels. Designed by Kimmel Studio Architects, the envisioned estate is a bold yet refined contemporary statement spanning nearly 20,000 SF across three levels, complemented by an additional 3,500 +/- SF rooftop terrace with a pickleball court. Walls of glass, soaring ceiling heights, and open sightlines are conceived to keep the water and sky present throughout, while a dramatic sculptural stair and elevator connect the home's living levels. The main floor is planned for grand-scale entertaining, with expansive living spaces flowing to a waterfront terrace and resort-style pool setting, supported by a professional-grade kitchen with prep kitchen and butler's pantry. Multiple lounges and flexible gathering spaces create an ideal balance of drama and comfort. The upper level is dedicated to luxurious accommodations, highlighted by a primary suite designed for privacy and panoramic water views, along with additional guest suites thoughtfully positioned throughout. Crowning the home, the rooftop is planned as an exceptional outdoor destination, featuring a pickleball court, outdoor kitchen, and sweeping vistas - an unforgettable stage for sunset gatherings and summer celebrations. A full lower level offers substantial flexibility, including garage parking, storage, and the opportunity to incorporate additional recreation or wellness amenities. Thoughtfully imagined to maximize waterfront exposure while preserving privacy, this is a rare chance to create your generational estate in the Hamptons, in a premier location with a clear architectural vision already in place. Pricing reflects the land offering with the completed construction of the home in accordance with the attached plans and applicable approvals. Also listed as land with permits in place to BUILD TODAY.
    49 days
    |
    2,198
    |
    62
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    Zillow last checked: 7 hours ago

    Listing by:

    Saunders & Associates,

    Rich Doyle - Real Estate Sales Person 516-729-4873

    Source: Out East,MLS#: 393374

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 10
      • Full bathrooms: 8
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 19,460
      • Total interior livable area: 19,460 sqft

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 3
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 2.91 Acres
      Details
      • Parcel number: 0900178000100017042

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $1,783/sqft
      • Tax assessed value: $9,776,600
      • Date on market: 2/6/2026
      • Lease term: Contact For Details

        Estimated market value

        $13,986,000

        $13.29M - $14.69M

        $6,136/mo

        Price history

        Price history
        DateEventPrice
        2/6/2026Listed for sale$34,700,000+356%$1,783/sqft
        Source: Out East #393374 Report a problem
        4/12/2024Sold$7,610,000-75.4%$391/sqft
        Source: Public Record Report a problem
        6/7/2023Listing removed--
        Source: Out East Report a problem
        4/13/2023Price change$30,900,000+186.2%$1,588/sqft
        Source: Out East #369578 Report a problem
        1/19/2023Price change$10,795,000-65.1%$555/sqft
        Source: Out East #369645 Report a problem
        10/21/2022Listed for sale$30,900,000+215.3%$1,588/sqft
        Source: Out East #369578 Report a problem
        3/30/2020Listing removed$9,800,000$504/sqft
        Source: Corcoran - EE Southampton #873 Report a problem
        8/6/2017Price change$9,800,000-6.7%$504/sqft
        Source: Corcoran Group #873 Report a problem
        3/27/2016Listed for sale$10,500,000-0.9%$540/sqft
        Source: The Corcoran Group #873 Report a problem
        2/12/2016Sold$10,600,000$545/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $9,776,600
        2023-- $9,776,600
        2022-- $9,776,600
        2021-- $9,776,600
        2020-- $9,776,600
        2019-- $9,776,600
        2018-- $9,776,600
        2017$20,741 $9,776,600 +91.2%
        2016-- $5,113,900 +30.8%
        2015-- $3,910,600
        2014-- $3,910,600
        2013-- $3,910,600
        2012-- $3,910,600
        2011-- $3,910,600 +25%
        2007$13,728 $3,128,500

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        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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        Climate risks

        Neighborhood: 11976

        Getting around

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        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 11976

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