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For sale
  • Price cut: $1M (4/30)
    $15,995,000

    179 Davids Ln, Water Mill, NY 11976

    7beds
    14,000sqft
    Loading
    Single Family Residence
    Built in 2007
    1.5 Acres Lot
    $14,181,100 Zestimate®
    $1,143/sqft
    $-- HOA

    What's special

    Golf simulatorPrivate theaterSerene primary suiteResort-like settingBilliards room
    Set in one of Water Mill South's most coveted locations, this refined estate overlooks 34 acres of protected reserve, offering rare privacy, light, and open views. 14,000 sf of luxury living across three levels of this classic traditional residence with elevator. Originally built by the Hamptons premiere developer as a Showcase Home and featuring 6 bedrooms and 9.5 baths on 1.5 acres of mature, manicured grounds. Outdoors, expansive patio surrounds the heated Gunite pool, creating a resort-like setting. A separate 1,400 sf pool house-with an additional 800A± sq ft finished lower level-offers exceptional flexibility. Designed for both gracious entertaining and effortless everyday living, the main level offers a beautifully proportioned formal living room, den, library, bar and formal dining room with a temperature-controlled wine room and Butler's pass-through. A top-tier Ciuffo chef's kitchen anchors the home and opens seamlessly to the sunroom-ideal for indoor-outdoor living. The second floor is highlighted by a serene primary suite. Enter through the sitting room with views across the farm fields. A luxurious sleeping chamber with fire place and Sap bath. 2 WIC and dressing room complete the suit. Additionally are four spacious ensuite guest bedrooms and laundry. The expansive 4,000A± sq ft lower level is fully finished and includes a billiards room, private theater, gym, golf simulator, and 2 additional ensuite bedrooms. Thoughtfully constructed and impeccably maintained, this Water Mill South estate delivers scale, privacy, and amenities rarely found in such a prime setting-perfectly suited for both quiet retreats and large-scale entertaining.
    222 days
    |
    792
    |
    48
    |

    Zillow last checked:

    Listed by:

    Corcoran Group,

    James Peyton - Real Estate Sales Person 917-882-5589

    Source: Out East,MLS#: 392582

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 11
      • Full bathrooms: 9
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 14,000
      • Total interior livable area: 14,000 sqft

      Property

      Parking
      • Parking features: GarageDetached
      • Has garage: Yes
      Features
      • Stories: 2
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 1.5 Acres
      Details
      • Parcel number: 0900115000200022009

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2007

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $1,143/sqft
      • Tax assessed value: $10,089,000
      • Date on market: 12/19/2025
      • Lease term: Contact For Details

        Estimated market value

        $14,181,100

        $13.33M - $15.03M

        $6,784/mo

        Price history

        DateEventPrice
        4/30/2026Price change$15,995,000-5.9%$1,143/sqft
        Source: Out East #392582 Report a problem
        4/4/2026Price change$16,995,000-5.6%$1,214/sqft
        Source: Out East #392582 Report a problem
        12/30/2025Price change$17,995,000-9.8%$1,285/sqft
        Source: Out East #392582 Report a problem
        12/19/2025Listed for sale$19,950,000+37.6%$1,425/sqft
        Source: Out East #392582 Report a problem
        11/15/2021Listing removed--
        Source: Douglas Elliman Report a problem
        8/24/2021Pending sale$14,500,000$1,036/sqft
        Source: Douglas Elliman #359871 Report a problem
        7/29/2021Listed for sale$14,500,000+29.5%$1,036/sqft
        Source: Douglas Elliman #359871 Report a problem
        3/30/2020Listing removed$11,200,000$800/sqft
        Source: Sotheby's International Realty - Bridgehampton Brokerage #LN:0039219 Report a problem
        2/24/2020Price change$11,200,000-5.9%$800/sqft
        Source: Sotheby's International Realty - Bridgehampton Brokerage #LN:0039219 Report a problem
        11/22/2019Listed for sale$11,900,000+8.2%$850/sqft
        Source: Sotheby's International Realty - Bridgehampton Brokerage #LN:0039219 Report a problem
        2/10/2015Sold$11,000,000+243.8%$786/sqft
        Source: Public Record Report a problem
        10/15/2007Sold$3,200,000$229/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $10,089,000
        2024-- $10,089,000
        2023-- $10,089,000
        2022-- $10,089,000 +0.2%
        2021-- $10,069,800
        2020-- $10,069,800
        2019-- $10,069,800 +0.6%
        2018-- $10,007,600
        2017$44,217 $10,007,600
        2016-- $10,007,600 +6.6%
        2015-- $9,392,100
        2014-- $9,392,100
        2013-- $9,392,100
        2012-- $9,392,100 +10.8%
        2011-- $8,479,500 +221.7%
        2007$11,392 +108.4%$2,636,000 +162.1%
        2005$5,467 +15.4%$1,005,900 +7522.8%
        2004$4,738 +5.5%$13,196 +0.7%
        2003$4,489 +3.5%$13,108
        2002$4,339 $13,108
        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

        Getting around

        31 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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