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Sold for $7,300,000
  • $7,300,000

    161 Summerfield Ln, Water Mill, NY 11976

    4beds
    3,300sqft
    Single Family Residence
    Built in ----
    1.03 Acres Lot
    $7,553,800 Zestimate®
    $2,212/sqft
    $7,583 Estimated rent

    Home value

    $7,553,800

    $6.80M - $8.38M

    $7,583/mo

    Zestimate® history
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    What's special

    Introducing an exceptional opportunity on one of the most coveted lanes in Water Mill South. Located south of the highway and set at the very end of a quiet cul-de-sac, 161 Summerfield Lane is ideally positioned just minutes from ocean beaches and a short distance to the beloved Milk Pail and Fairview Farm stands. Tucked away from main roads, Summerfield Lane has quietly evolved into one of the Hamptons' most exclusive enclaves, with its prestige affirmed by recent new construction and high-value land trades. The existing residence sits on an oversized 1.03 +/- acre parcel and enjoys rare privacy with unobstructed views across 19 acres of agricultural reserve - currently home to the iconic Topping Horse Farm and protected from future development. The home features four bedrooms, including two on the main level and two upstairs, one of which is the primary suite offering bucolic vistas. A sun-filled living room flows seamlessly into the dining area and adjoining kitchen, while the finished lower level offers a cozy sitting room and supplementary flexible space. Outdoors, a pool and detached two-car garage complete the current layout. In addition, the parcel can accommodate a north/south facing tennis court. Also available as a pre-construction offering. Inquire for details.

    Zillow last checked:

    Source: Out East,MLS#: 390515

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Features
    • Basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Stories: 2
    • Has private pool: Yes
    Lot
    • Size: 1.03 Acres
    Details
    • Parcel number: 0900104000200022000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No

    Community & HOA

    Community
    • Features: Room for a Tennis Court
    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $2,212/sqft
    • Tax assessed value: $3,779,800
    • Date on market: 8/11/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    1/2/2026Sold$7,300,000-8.7%$2,212/sqft
    Source: Public Record Report a problem
    10/3/2025Pending sale$7,995,000$2,423/sqft
    Source: Out East #390515 Report a problem
    8/11/2025Price change$7,995,000-50%$2,423/sqft
    Source: Out East #390515 Report a problem
    6/26/2025Listed for sale$15,995,000$4,847/sqft
    Source: Out East #389578 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $3,779,800
    2024-- $3,779,800
    2023-- $3,779,800
    2022-- $3,779,800
    2021-- $3,779,800
    2020-- $3,779,800
    2019-- $3,779,800 +1.5%
    2018-- $3,722,500
    2017$16,353 $3,722,500
    2016-- $3,722,500
    2015-- $3,722,500 +29.1%
    2014-- $2,884,300
    2013-- $2,884,300
    2012-- $2,884,300 -10%
    2011-- $3,204,800
    2007$13,195 +12.9%$3,204,800 +44%
    2005$11,684 +75.2%$2,225,210 +11791.9%
    2004$6,669 +5.4%$18,712 +0.3%
    2003$6,328 +2.9%$18,652
    2002$6,148 $18,652
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,553,800
    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
    $7,553,800