Tucked away on a quiet, tree-lined private road South of the Highway in Water Mill, set against the backdrop of an idyllic 18-acre preserve, this residence offers over 7,000 square feet of refined living space designed for effortless summer living, entertaining, and relaxation.From the moment you arrive, the home makes a striking impression. A grand entryway welcomes you into luminous interiors highlighted by soaring ceilings and a dramatic two-story living room filled with natural light. Elegant yet inviting, every space has been thoughtfully curated to balance scale and comfort. At the heart of the home lies a spacious chef's kitchen a true culinary haven ideal for everything from casual breakfasts before the beach to elegant evening gatherings.The first floor features a beautifully appointed junior primary suite with two twin beds combined for flexibility, a private en-suite bath, and a terrace overlooking the lush tennis grounds the perfect morning retreat. Upstairs, the primary wing defines elevated Hamptons living, offering a serene sanctuary complete with private balcony, gas fireplace, generous walk-in closet, and spa-inspired en-suite bath featuring a steam shower. Two additional guest suites, each with full beds and private en-suite bathrooms, ensure comfort and privacy for family and friends.A separate cabana guest wing functions as its own private haven, ideal for extended guests. Designed with wellness and relaxation in mind, this space includes a home spa experience with steam room, jacuzzi, sauna, and massage area. Two spacious guest accommodations one with two full beds and two twin beds, and another with two full beds both feature en-suite bathrooms with double vanities and spa-level finishes, including steam showers.The finished lower level enhances the home's resort-style amenities with a gym area, full bathroom, and second laundry room.Outdoors, the property transforms into a true summer oasis. Overlooking preserved natural beauty, the grounds invite endless recreation and relaxation. Spend sun-filled afternoons beside the heated gunite pool and hot tub, enjoy a match on your private Wimbledon-style grass tennis court, or shoot hoops on the basketball court. For those drawn to the water, the home includes its own boat slip, dock, and direct water access offering effortless journeys to nearby beaches and the calm waters of Mecox Bay.Perfectly designed for luxurious summer living, this exceptional Water Mill estate delivers privacy, recreation, and elegance in equal measure an unforgettable Hamptons escape where every detail has been curated for the season of sun, sport, and serenity.
House for rent
$150,000/moFees may apply
145 Olivers Cove Ln, Water Mill, NY 11976
6beds
8,937sqft
Price may not include required fees and charges. Learn more|
Singlefamily
Available now
Air conditioner, central air
Garage parking
Central, fireplace
What's special
Basketball courtGrand entrywayQuiet tree-lined private road
- 144 days |
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- -- |
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Listing updated:
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 7
Rooms
- Room types: Family Room, Laundry Room
Heating
- Central, Fireplace
Cooling
- Air Conditioner, Central Air
Features
- Walk In Closet
- Has basement: Yes
- Has fireplace: Yes
Interior area
- Total interior livable area: 8,937 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
- Details: Contact manager
Features
- Exterior features: Basement, Tennis Court(s), Walk In Closet
- Has private pool: Yes
- Pool features: Pool
Details
- Additional structures: Garage(s)
- Parcel number: 0900102000300014010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: traditional
- Property subtype: SingleFamily
Community & HOA
Community
- Features: Pool, Tennis Court(s)
HOA
- Amenities included: Laundry, Pool, Tennis Court(s)
Location
- Region: Water Mill
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $150,000-57.1%$17/sqft |
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| 3/24/2026 | Listed for rent | $350,000+460%$39/sqft |
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| 7/24/2025 | Listing removed | $62,500$7/sqft |
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| 7/14/2025 | Price change | $62,500-16.7%$7/sqft |
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| 6/30/2025 | Price change | $75,000-28.6%$8/sqft |
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| 6/24/2025 | Price change | $105,000+26%$12/sqft |
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| 5/20/2025 | Price change | $83,333-15.3%$9/sqft |
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| 4/23/2025 | Price change | $98,333-9.2%$11/sqft |
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| 3/6/2025 | Price change | $108,333-11%$12/sqft |
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| 11/22/2024 | Listed for rent | $121,666$14/sqft |
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| 7/1/2024 | Listing removed | -- |
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| 3/27/2024 | Price change | $121,666-7.6%$14/sqft |
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| 2/21/2024 | Listed for rent | $131,666$15/sqft |
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| 6/9/2023 | Listing removed | -- |
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| 1/13/2023 | Price change | $131,666-12.2%$15/sqft |
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| 11/19/2022 | Listed for rent | $150,000-6.3%$17/sqft |
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| 9/27/2022 | Listing removed | -- |
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| 8/1/2022 | Price change | $160,000+8.5%$18/sqft |
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| 5/31/2022 | Price change | $147,500+26.4%$17/sqft |
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| 5/18/2022 | Price change | $116,666-33.3%$13/sqft |
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| 12/31/2021 | Listed for rent | $175,000+200%$20/sqft |
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| 12/8/2021 | Listing removed | -- |
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| 10/6/2021 | Listed for rent | $58,333+16.7%$7/sqft |
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| 7/1/2021 | Listing removed | -- |
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| 1/4/2021 | Listed for rent | $50,000$6/sqft |
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Neighborhood: 11976
Nearby schools
GreatSchools rating
- 6/10Southampton Intermediate SchoolGrades: 5-8Distance: 3.1 mi
- 7/10Southampton High SchoolGrades: 9-12Distance: 2.9 mi
- 5/10Southampton Elementary SchoolGrades: PK-4Distance: 3.5 mi





