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Off market
  • $4,466,300

    14 Newground Ln, Water Mill, NY 11976

    5beds
    5,000sqft
    SingleFamily
    Built in 2005
    1.5 Acres Lot
    $4,466,300 Zestimate®
    $893/sqft
    $5,899 Estimated rent

    Home value

    $4,466,300

    $3.98M - $5.05M

    $5,899/mo

    Zestimate® history
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    $31,209/mo

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    What's special

    On a very quiet Water Mill cul-de-sac, this gated 4,266+/- sq. ft. home has much to offer. Situated on 1.5+/- acres adjacent to Peconic Land Trust preserve, the home is set amid beautifully landscaped grounds with broad, open lawns and plenty of blue sky overhead. The spacious living room is essentially two rooms, with a fireplace; the entire south-facing wall is lined with large windows and glass doors flooding the space with light and opening to spacious wraparound decking overlooking the pool and grounds. The well-equipped kitchen also has plenty of windows, along with high end appliances, a large center island and wonderful built-in shelves, with plenty of room for a large dining table or seating area. Glass doors open to a covered part of the deck, ideal for al fresco dining. A junior master suite is also on the first floor. Upstairs are four additional bedroom suites, all with marble vanities and frameless glass-enclosed showers. The lovely master suite has French doors to a private terrace overlooking the pool and preserve, a large walk-in closet and bath with soaking tub, steam shower with bench, double marble vanity, bidet, marble walls and flooring and paneled wainscoting. Past the master is a huge bonus room with skylights and closet, which could become a media or recreational room, yoga studio, bedroom or office. From this room a rear staircase descends to a laundry, mudroom, garage and the kitchen/dining area. The lower level is partially finished, and an existing billiards and media area could easily be converted to a bedroom. There's plenty of additional space to customize to your needs. Outdoors enjoy the heated gunite pool with spa and waterfall as you relax in the sunshine, surrounded by beautiful plantings with the serene farm fields nearby and ocean beaches within easy reach.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Has spa: Yes
    Lot
    • Size: 1.5 Acres
    Details
    • Parcel number: 0900066000100020016

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 2005

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $893/sqft
    • Tax assessed value: $1,988,000

    Price history

    DateEventPrice
    9/12/2019Sold$2,350,000-14.5%$470/sqft
    Source: Public Record Report a problem
    5/24/2019Pending sale$2,750,000$550/sqft
    Source: Saunders & Associates Report a problem
    4/8/2019Price change$2,750,000-5.2%$550/sqft
    Source: Saunders & Associates Report a problem
    2/28/2019Price change$2,900,000-7.8%$580/sqft
    Source: Saunders & Associates #106959 Report a problem
    11/8/2018Price change$3,145,000-7.4%$629/sqft
    Source: Saunders & Associates #106959 Report a problem
    8/4/2018Listed for sale$3,395,000+15.1%$679/sqft
    Source: Saunders & Associates #106959 Report a problem
    3/8/2006Sold$2,950,000+490%$590/sqft
    Source: Public Record Report a problem
    11/7/2003Sold$500,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,988,000 -6.1%
    2024-- $2,117,200
    2023-- $2,117,200
    2022-- $2,117,200
    2021-- $2,117,200
    2020-- $2,117,200
    2019-- $2,117,200 +3.4%
    2018-- $2,047,400
    2017$8,705 $2,047,400
    2016-- $2,047,400 +8.3%
    2015-- $1,891,200
    2014-- $1,891,200 -9.9%
    2013-- $2,099,500
    2012-- $2,099,500
    2011-- $2,099,500 +11.1%
    2007$7,809 +198.5%$1,888,900 +280.1%
    2005$2,616 +35.6%$497,000 +9117.4%
    2004$1,929 +5.1%$5,392
    2003$1,835 +2.9%$5,392
    2002$1,783 $5,392
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,466,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,466,300