Created by renowned developer Joshua Gurwitz in collaboration with Gabellini Sheppard, Design Workshop, and master builder Mayfair Construction, 140 Hayground Cove is a newly constructed estate that masterfully blends bold Brazilian Modern aesthetics with refined, minimalist design. This exceptional residence is set on 2.8 acres+/- and abuts a 2.2 acre+/- nature preserve, offering over 5 acres+/- of rare, uninterrupted privacy. Spanning 12,900 SF+/- of meticulously crafted living space across 2 levels, the home features 7 bedrooms, 9 full and 2 half bathrooms, all finished with cutting-edge materials and uncompromising attention to detail. The estate's interior showcases expansive water views and seamless indoor-outdoor flow, with subtle Japanese Teahouse influences that lend serenity and balance to its bold modern form.
New construction
$65,000,000
140 Hayground Cove Rd, Water Mill, NY 11976
7beds
12,900sqft
Single Family Residence
Built in 2025
2.8 Acres Lot
$-- Zestimate®
$5,039/sqft
$-- HOA
What's special
Expansive water viewsCutting-edge materialsUncompromising attention to detailSeamless indoor-outdoor flowSubtle japanese teahouse influences
- 514 days |
- 1,854 |
- 122 |
Zillow last checked:
Listed by:
Bespoke Real Estate 631-500-9030,
Bespoke Corporate - Real Estate Sales Person 631-500-9030
Source: Out East,MLS#: 387259
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Rooms
- Room types: Family Room, Laundry
Features
- Basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 12,900
- Total interior livable area: 12,900 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Exterior features: Tennis Court(s)
- 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: 2.8 Acres
Details
- Parcel number: 0900102000300014032
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Location
- Region: Water Mill
Financial & listing details
- Price per square foot: $5,039/sqft
- Tax assessed value: $8,031,900
- Date on market: 3/17/2025
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$6,501/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Price change | $65,000,000+8.3%$5,039/sqft |
Source: Out East #387259 Report a problem | ||
| 3/17/2025 | Price change | $60,000,000+216.6%$4,651/sqft |
Source: Out East #387259 Report a problem | ||
| 10/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/1/2023 | Price change | $50,000-60%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Price change | $125,000+66.7%$10/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2023 | Price change | $75,000+87.5%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2023 | Price change | $40,000-78.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2022 | Listed for sale | $18,950,000+40.4%$1,469/sqft |
Source: Out East #367601 Report a problem | ||
| 7/1/2022 | Price change | $190,000+52%$15/sqft |
Source: Out East #365030 Report a problem | ||
| 6/15/2022 | Price change | $125,000-24.2%$10/sqft |
Source: Out East #365030 Report a problem | ||
| 5/11/2022 | Price change | $165,000-16.8%$13/sqft |
Source: Out East #365030 Report a problem | ||
| 4/12/2022 | Listed for rent | $198,333$15/sqft |
Source: Out East #365030 Report a problem | ||
| 2/9/2022 | Listing removed | -- |
Source: Out East Report a problem | ||
| 12/27/2021 | Pending sale | $13,500,000$1,047/sqft |
Source: Out East #361691 Report a problem | ||
| 10/19/2021 | Listed for sale | $13,500,000+2742.1%$1,047/sqft |
Source: Out East #361691 Report a problem | ||
| 6/30/1994 | Sold | $475,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $8,031,900 +39.2% |
| 2024 | -- | $5,769,300 -11.5% |
| 2023 | -- | $6,520,300 +1% |
| 2022 | -- | $6,458,000 |
| 2021 | -- | $6,458,000 |
| 2020 | -- | $6,458,000 |
| 2019 | -- | $6,458,000 +5.3% |
| 2018 | -- | $6,135,000 |
| 2017 | $28,244 | $6,135,000 |
| 2016 | -- | $6,135,000 -9.5% |
| 2015 | -- | $6,780,800 |
| 2014 | -- | $6,780,800 |
| 2013 | -- | $6,780,800 |
| 2012 | -- | $6,780,800 +4.3% |
| 2011 | -- | $6,498,600 +5% |
| 2007 | $25,588 -2.5% | $6,189,200 +24.1% |
| 2005 | $26,250 -12.9% | $4,986,313 +5822% |
| 2004 | $30,121 +5.1% | $84,200 |
| 2003 | $28,662 +2.9% | $84,200 |
| 2002 | $27,844 | $84,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 11976
Nearby schools
GreatSchools rating
- 6/10Southampton Intermediate SchoolGrades: 5-8Distance: 3 mi
- 7/10Southampton High SchoolGrades: 9-12Distance: 2.9 mi
- 5/10Southampton Elementary SchoolGrades: PK-4Distance: 3.5 mi
- $13,068,1006 bd7 ba5.2k sqft146 Olivers Cove Ln, Water Mill, NY 11976Off Market
- $8,125,7003 bd3 ba3.2k sqft122 Hayground Cove Rd, Water Mill, NY 11976Off Market
- $150,0006 bd7 ba8.9k sqft145 Olivers Cove Ln, Water Mill, NY 11976For Rent
- $16,019,0005 bd8 ba8.5k sqft168 Olivers Cove Ln, Water Mill, NY 11976Off Market
- $6,907,0004 bd4 ba3.9k sqft115 Olivers Cove Ln, Water Mill, NY 11976Off Market
- $17,280,6007 bd8 ba7.4k sqft122 Olivers Cove Ln, Water Mill, NY 11976Off Market
- $6,018,1004 bd4 ba3.1k sqft103 Olivers Cove Ln, Water Mill, NY 11976Off Market
- $9,706,4004 bd6 ba4.6k sqft106 Hayground Cove Rd, Water Mill, NY 11976Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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