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Sold for $13,650,000
  • $13,650,000

    156 Summerfield Ln, Water Mill, NY 11976

    8beds
    10,185sqft
    Single Family Residence
    Built in 2024
    0.95 Acres Lot
    $14,427,700 Zestimate®
    $1,340/sqft
    $5,713 Estimated rent

    Home value

    $14,427,700

    $12.98M - $16.16M

    $5,713/mo

    Zestimate® history
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    What's special

    Introducing a brand new construction by Michael Frank Building just completed on sought-after Summerfield Lane in Water Mill South. This private one acre property with sunset views faces west overlooking 25 +/- acres of bucolic reserve. The sprawling traditional 10,185+/- sq ft residence over 3 levels consists of 8 bedrooms and 12 baths (9 full and 3 half). The first floor provides an open floor-plan consisting of a double height grand foyer opening to the spacious great room with adjoining custom kitchen and breakfast area. Doors open to two separate areas of covered porch space. Perfect for entertaining, you will find a formal dining room and living room with fireplace, along with a powder room, mudroom, laundry and cabana bath leading to the attached large 3-car garage. The first floor junior primary suite features a generous walk-in closet and en-suite bath complete with standing shower, soaking tub and separate water closet. Upstairs, the substantial primary suite lacks no amenity with a private terrace, fireplace, adjacent office, 2 walk-in closets, and large en-suite bath with standing shower, tub and water closet. Four additional en-suite bedrooms, one with a private terrace, and an oversized laundry room complete this floor. The finished lower level includes a recreation room, theater, gym, wellness spa with steam and infrared sauna, sitting area, powder room and 2 additional en-suite bedrooms with full baths. The resort-like backyard with sweeping reserve views has plans for 20'x50' heated gunite pool with inset 8'x8' spa, and permit for a pickleball court. Paired with expanses of both covered and uncovered patio space, an outdoor kitchen and fireplace is exquisitely suited for easy entertaining. You may never want to leave but if you do, Summerfield Lane is convenient to Bridgehampton village shops, restaurants and farmstands. Unparalleled location only 1.5 miles to the beach, coupled with the quality, track record, and high-end design of Michael Frank Building, makes this the ideal Hamptons home.

    Zillow last checked:

    Source: Out East,MLS#: 381587

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 12
    • Full bathrooms: 9
    • 1/2 bathrooms: 3
    Rooms
    • Room types: Family Room, Laundry, Office
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 10,185
    • Total interior livable area: 10,185 sqft

    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
    Lot
    • Size: 0.95 Acres
    Details
    • Parcel number: 0900104000200015000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,340/sqft
    • Tax assessed value: $9,346,700
    • Date on market: 5/21/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    11/20/2024Sold$13,650,000-2.5%$1,340/sqft
    Source: Public Record Report a problem
    8/22/2024Pending sale$13,995,000$1,374/sqft
    Source: Out East #381587 Report a problem
    7/23/2024Price change$13,995,000-3.5%$1,374/sqft
    Source: Out East #381587 Report a problem
    5/21/2024Listed for sale$14,500,000+14.4%$1,424/sqft
    Source: Out East #381587 Report a problem
    2/1/2024Sold$12,675,000-9.4%$1,244/sqft
    Source: Public Record Report a problem
    12/8/2023Pending sale$13,995,000$1,374/sqft
    Source: Out East #365828 Report a problem
    10/25/2023Price change$13,995,000-6.7%$1,374/sqft
    Source: Out East #365828 Report a problem
    7/25/2023Listed for sale$14,995,000+3.4%$1,472/sqft
    Source: Out East #365828 Report a problem
    5/18/2023Listing removed--
    Source: Out East Report a problem
    12/16/2022Price change$14,495,000+3.6%$1,423/sqft
    Source: Out East #365828 Report a problem
    6/29/2022Price change$13,995,000-3.4%$1,374/sqft
    Source: Out East #365828 Report a problem
    2/22/2022Listed for sale$14,495,000+184.2%$1,423/sqft
    Source: Out East #363791 Report a problem
    2/4/2022Sold$5,100,000+11%$501/sqft
    Source: Public Record Report a problem
    12/22/2021Listed for rent$50,000-23.1%$5/sqft
    Source: Out East #82667 Report a problem
    10/8/2020Listed for sale$4,595,000$451/sqft
    Source: Douglas Elliman Real Estate #350012 Report a problem
    3/23/2020Listing removed$4,595,000$451/sqft
    Source: Douglas Elliman Real Estate #350012 Report a problem
    3/7/2020Listed for sale$4,595,000$451/sqft
    Source: Douglas Elliman #H350012 Report a problem
    1/15/2020Listing removed$65,000$6/sqft
    Source: Bridgehampton #320495 Report a problem
    11/23/2019Listed for rent$65,000$6/sqft
    Source: Bridgehampton #320495 Report a problem
    9/25/2019Listing removed$65,000$6/sqft
    Source: Bridgehampton #320495 Report a problem
    8/2/2019Listed for rent$65,000+8.3%$6/sqft
    Source: Bridgehampton #320495 Report a problem
    4/10/2019Listing removed$60,000$6/sqft
    Source: Bridgehampton Report a problem
    4/8/2019Listed for rent$60,000-52%$6/sqft
    Source: Bridgehampton Report a problem
    12/5/2017Listing removed$125,000$12/sqft
    Source: East Hampton Office #95246 Report a problem
    9/14/2017Listed for rent$125,000$12/sqft
    Source: Bridgehampton Office #99376 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $9,346,700
    2024-- $9,346,700 +77%
    2023-- $5,279,200 +45.4%
    2022-- $3,631,800
    2021-- $3,631,800
    2020-- $3,631,800 -0.1%
    2019-- $3,635,600 -1.6%
    2018-- $3,695,000 -2.7%
    2017$16,681 $3,797,100
    2016-- $3,797,100
    2015-- $3,797,100 +29.2%
    2014-- $2,939,800
    2013-- $2,939,800 +2.9%
    2012-- $2,857,000 -10%
    2011-- $3,174,400
    2007$13,069 +27.4%$3,174,400 +62.5%
    2005$10,257 +35.3%$1,953,460 +9086.7%
    2004$7,579 +13.2%$21,264 +7.8%
    2003$6,693 +2.9%$19,728
    2002$6,503 $19,728
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $14,427,700
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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
    $14,427,700