Once in many year opportunity for ocean and bay view on Deerfield Rd., Watermill. Cleared and high on a hill, break yourself free from the $14M cookie cutter home. This 9 acre ultra serene spot is centrally located amidst the horse and farm fields of Watermill, its proximity to the ocean beach and attractions like yachting in Sag Harbor, golfing in Bridgehampton, and its elevation offering ocean and bay views from the roof deck (and potentially from the primary bedroom) that make it truly exceptional. Furthermore, this grand estate-sized parcel is surrounded by other very large estate-sized parcels with magnificent luxury homes. In fact, the one next door is also available for sale creating the opportunity for a multi-dwelling compound. Plans already exist for a 12,500 sf traditional home on four levels with 8 bedrooms and 10 bathrooms, a roof deck for water and sunset views, a large pool, jacuzzi, pool house, large finished basement with gym, theater, bedrooms, and of course an outdoor tennis court. The owner of the property offering, Rosewood Developers, is known in the industry as a builder of extremely high quality and distinction - with over 45 years of history building some of the most beautiful and sturdiest homes in the Hamptons and Long Island. Furthermore, Rosewood has another extraordinary new house in Southampton South available right now that you can move in to while building this large home with ocean view on Deerfield Rd. The price for the Land, Pool, Pool House, and Tennis Court is $14,995,000. The beautiful 5 bedroom house next door on 3.7 acres would make a fabulous guest home and completing the compound offering a total 12.7 acres with ocean and bay view from the roof deck of the new home.
New construction
Price cut: $11.5M (6/9)
$14,995,000
1593 Deerfield Rd, Water Mill, NY 11976
1beds
--sqft
Single Family Residence
Built in 2024
-- sqft lot
$3,175,800 Zestimate®
$--/sqft
$-- HOA
What's special
Outdoor tennis courtPool houseLarge pool
- 327 days |
- 125 |
- 2 |
Zillow last checked:
Listed by:
Douglas Elliman Real Estate 631-537-4214,
Mosel Katzter - Real Estate Sales Person 917-865-2943
Source: Out East,MLS#: 390411
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room, Laundry, Library
Cooling
- Central Air
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: GarageDetached
- Has garage: Yes
Features
- Exterior features: Tennis Court(s)
- Has private pool: Yes
- Has spa: Yes
- Spa features: Heated
Details
- Parcel number: 0900047000100042002
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
- Tax assessed value: $1,843,500
- Date on market: 8/5/2025
- Lease term: Contact For Details
Estimated market value
$3,175,800
$3.02M - $3.33M
$3,032/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $3,495,000-76.7% |
Source: | ||
| 4/23/2026 | Price change | $14,995,000+15.4% |
Source: Out East #390411 Report a problem | ||
| 4/17/2026 | Price change | $12,995,000+225.3% |
Source: Out East #390411 Report a problem | ||
| 3/11/2026 | Price change | $3,995,000+14.3% |
Source: Out East #390411 Report a problem | ||
| 9/5/2025 | Listed for sale | $3,495,000+47.5% |
Source: | ||
| 8/12/2025 | Sold | $2,370,000-81.8% |
Source: Public Record Report a problem | ||
| 8/5/2025 | Price change | $12,995,000+294.4% |
Source: | ||
| 8/5/2025 | Listed for sale | $3,295,000+10% |
Source: | ||
| 5/16/2025 | Listing removed | $2,995,000 |
Source: Out East #381458 Report a problem | ||
| 9/20/2024 | Price change | $2,995,000-11.9% |
Source: Out East #381458 Report a problem | ||
| 5/16/2024 | Listed for sale | $3,400,000+51.1% |
Source: Out East #381458 Report a problem | ||
| 3/30/2020 | Listing removed | $2,250,000 |
Source: Corcoran - EE Bridgehampton East #5529 Report a problem | ||
| 7/17/2018 | Price change | $2,250,000-6.1% |
Source: Douglas Elliman Real Estate #4657 Report a problem | ||
| 10/27/2017 | Listed for sale | $2,395,000 |
Source: Douglas Elliman Real Estate #4657 Report a problem | ||
| 9/25/2017 | Listing removed | $2,395,000 |
Source: Douglas Elliman #H04657 Report a problem | ||
| 6/9/2017 | Listed for sale | $2,395,000-31.6% |
Source: Douglas Elliman Real Estate #4657 Report a problem | ||
| 7/14/2016 | Listing removed | $3,500,000 |
Source: Douglas Elliman #H00080 Report a problem | ||
| 12/11/2014 | Listed for sale | $3,500,000+30.8% |
Source: Douglas Elliman Report a problem | ||
| 9/14/2007 | Sold | $2,675,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,843,500 |
| 2024 | -- | $1,843,500 |
| 2023 | -- | $1,843,500 |
| 2022 | -- | $1,843,500 |
| 2021 | -- | $1,843,500 |
| 2020 | -- | $1,843,500 |
| 2019 | -- | $1,843,500 +5.3% |
| 2018 | -- | $1,751,300 |
| 2017 | $10,889 | $1,751,300 -29.2% |
| 2016 | -- | $2,475,000 |
| 2015 | -- | $2,475,000 |
| 2014 | -- | $2,475,000 |
| 2013 | -- | $2,475,000 -2.7% |
| 2012 | -- | $2,544,100 |
| 2011 | -- | $2,544,100 +63.7% |
| 2007 | $6,426 -5.7% | $1,554,200 +20.1% |
| 2005 | $6,811 +280.8% | $1,293,700 +25774% |
| 2004 | $1,789 +5.1% | $5,000 |
| 2003 | $1,702 +2.9% | $5,000 |
| 2002 | $1,653 | $5,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 11976
Nearby schools
GreatSchools rating
- 4/10Southampton Intermediate SchoolGrades: 5-8Distance: 4.1 mi
- 6/10Southampton High SchoolGrades: 9-12Distance: 4.1 mi
- 6/10Southampton Elementary SchoolGrades: PK-4Distance: 4.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Suffolk County
- Water Mill
- 11976
- 1593 Deerfield Rd






