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Sold for $12,625,000
  • $12,625,000

    120 Bay Ln, Water Mill, NY 11976

    5beds
    3,370sqft
    Single Family Residence
    Built in 1987
    2.14 Acres Lot
    $13,308,300 Zestimate®
    $3,746/sqft
    $7,739 Estimated rent

    Home value

    $13,308,300

    $11.98M - $14.91M

    $7,739/mo

    Zestimate® history
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    What's special

    Set on over 2 acres, this waterfront property boasts 147 feet of prime water frontage, offering an unparalleled opportunity for luxury living. Located on a tranquil street with no through traffic, the charming stucco home is situated down a tree-lined drive providing a private and peaceful setting. With 3,370 +/- sq. ft. of interior living space, the residence features 5 bedrooms along with 4 full and 2 half bathrooms. The open great room with fireplace overlooks the meticulous landscaped backyard, with sliding glass doors providing direct access to the patio. Set off the formal dining room is a screened-in porch. A second level primary suite includes a private terrace showcasing western facing bay views, while a partially finished lower level allows for additional bonus space. Exterior amenities are plentiful, with a waterside gunite pool and spa, outdoor kitchen, Har-Tru tennis court, and detached two-car garage with a recreation room above which can be fully customized. The private dock provides immediate access to Mecox Bay, with an additional access point located at the end of Bay Lane. Adorned with carefully selected trees and plantings, the 2.14 +/- acre property is truly a tranquil setting with close proximity to Bridgehampton Main Street and ocean beaches. Presented separately as a new construction offering with conceptual renderings and proposed plans by Bruce Nagel and Partners architectural firm, the parcel can accommodate a 12,000 +/- sq. ft. modern residence with 11 bedrooms and stunning vistas from nearly every room.

    Zillow last checked:

    Source: Out East,MLS#: 383021

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Family Room, Laundry, Library
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,370
    • Total interior livable area: 3,370 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Exterior features: Tennis Court(s)
    • 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: 2.14 Acres
    Details
    • Parcel number: 0900116000100005006

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1987

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $3,746/sqft
    • Tax assessed value: $9,169,100
    • Date on market: 8/9/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/26/2025Sold$12,625,000-6.5%$3,746/sqft
    Source: Public Record Report a problem
    3/13/2025Pending sale$13,500,000$4,006/sqft
    Source: Out East #383021 Report a problem
    1/15/2025Price change$13,500,000-3.5%$4,006/sqft
    Source: Out East #383021 Report a problem
    11/20/2024Price change$13,995,000-6.7%$4,153/sqft
    Source: Out East #383021 Report a problem
    8/9/2024Price change$14,995,000-57.2%$4,450/sqft
    Source: Out East #383021 Report a problem
    8/9/2024Listed for sale$34,995,000$10,384/sqft
    Source: Out East #382890 Report a problem
    8/9/2024Listing removed$34,995,000+133.4%$10,384/sqft
    Source: Out East #382890 Report a problem
    7/29/2024Price change$14,995,000-57.2%$4,450/sqft
    Source: Out East #383021 Report a problem
    7/22/2024Price change$34,995,000+133.3%$10,384/sqft
    Source: Out East #382890 Report a problem
    9/14/2023Price change$15,000,000-3.2%$4,451/sqft
    Source: Out East #369444 Report a problem
    9/2/2023Listed for sale$15,495,000$4,598/sqft
    Source: Out East #369444 Report a problem
    6/28/2023Listing removed--
    Source: Out East Report a problem
    4/10/2023Listed for sale$15,495,000$4,598/sqft
    Source: Out East #373114 Report a problem
    11/30/2022Listing removed--
    Source: Out East Report a problem
    10/14/2022Listed for sale$15,495,000+63.1%$4,598/sqft
    Source: Out East #369444 Report a problem
    8/2/2021Sold$9,500,000$2,819/sqft
    Source: Public Record Report a problem
    3/31/2021Sold$9,500,000-5%$2,819/sqft
    Source: Agent Provided Report a problem
    12/28/2020Listing removed$9,995,000$2,966/sqft
    Source: Corcoran Group #110296 Report a problem
    11/29/2020Price change$9,995,000-9.1%$2,966/sqft
    Source: Corcoran Group #110296 Report a problem
    10/4/2020Price change$10,995,000-8.3%$3,263/sqft
    Source: Corcoran Group #110296 Report a problem
    8/12/2020Listed for sale$11,995,000$3,559/sqft
    Source: Corcoran Group #110296 Report a problem
    3/27/2020Listing removed$11,995,000$3,559/sqft
    Source: Corcoran - EE Bridgehampton East #110296 Report a problem
    8/22/2019Price change$11,995,000-7.7%$3,559/sqft
    Source: Corcoran Group #110296 Report a problem
    3/20/2019Price change$12,995,000-13.3%$3,856/sqft
    Source: Corcoran Group #110296 Report a problem
    12/26/2018Listing removed$150,000$45/sqft
    Source: Corcoran Group Bridgehampton Office #104538 Report a problem
    12/26/2018Listed for sale$14,995,000$4,450/sqft
    Source: Corcoran Group #110296 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $9,169,100
    2024-- $9,169,100
    2023-- $9,169,100
    2022-- $9,169,100
    2021-- $9,169,100
    2020-- $9,169,100
    2019-- $9,169,100 +0.6%
    2018-- $9,113,800
    2017$27,359 $9,113,800 +46.6%
    2016-- $6,218,500
    2015-- $6,218,500
    2014-- $6,218,500
    2013-- $6,218,500 +1.8%
    2012-- $6,107,700
    2011-- $6,107,700 +7.3%
    2007$23,541 +19.8%$5,694,100 +52.5%
    2005$19,658 +29%$3,734,092 +8668.8%
    2004$15,234 +5.1%$42,584
    2003$14,496 +2.9%$42,584
    2002$14,082 $42,584
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $13,308,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $13,308,300