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For sale
  • $31,995,000

    111 Cobb Isle Rd, Water Mill, NY 11976

    7beds
    10,894sqft
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    Single Family Residence
    Built in 2008
    1.34 Acres Lot
    $-- Zestimate®
    $2,937/sqft
    $-- HOA

    What's special

    Several fireplacesTwo private officesTimeless hamptons shingle-style homeFully landscaped parcelSeparate outdoor kitchenPrivate balconies and decksTemperature controlled wine room
    Experience breathtaking panoramic waterfront views from this timeless Hamptons shingle-style home, perfect for the discerning buyer who recognizes the advantages of acquiring a turn-key property in nearly flawless condition. With most rooms bathed in light and spilling out to the 46 foot wide waterside terrace, the 10,000 square foot floorplan offers rooms for entertaining and enjoying family and friends during all four seasons. Six bedrooms in the main house including a primary suite of over 1,200 square feet. Interior features include, waterside dining room with hydraulic walls of glass, two large rooms for entertaining, several fireplaces, a fantastic indoor and separate outdoor kitchen, two private offices, billiards room, temperature controlled wine room, gym with adjoining bath. Private balconies and decks, secret gardens and terraces soak in sun and the sea air for your quiet enjoyment. Exterior features on this fully landscaped parcel include 220 feet of bulkheaded frontage with dock, a water side pool with adjacent sunken spa, outdoor shower, firepit. Separate one bedroom guest house (two) 2-car garages all hidden from public view behind security gates and established landscaping.
    9 days
    |
    992
    |
    58
    |

    Zillow last checked:

    Listed by:

    Corcoran Group 631-702-9226,

    Thomas Davis - Real Estate Sales Person 631-885-5739

    Source: Out East,MLS#: 394161

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 13
      • Full bathrooms: 10
      • 1/2 bathrooms: 3
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 10,894
      • Total interior livable area: 10,894 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 2
      • 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: 1.34 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: $2,937/sqft
      • Tax assessed value: $18,054,700
      • Date on market: 6/7/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,107/mo

        Price history

        DateEventPrice
        3/17/2026Listed for sale$31,995,000-14.7%$2,937/sqft
        Source: Out East #373864 Report a problem
        2/11/2026Listing removed$37,500,000$3,442/sqft
        Source: Out East #373864 Report a problem
        3/25/2024Price change$37,500,000-3.7%$3,442/sqft
        Source: Out East #373864 Report a problem
        5/9/2023Listed for sale$38,950,000+116.4%$3,575/sqft
        Source: Out East #373864 Report a problem
        8/14/2006Sold$18,000,000$1,652/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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
        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

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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