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Sold for $5,200,000
  • $5,200,000

    298 Montauk Hwy, Water Mill, NY 11976

    7beds
    9,000sqft
    Single Family Residence
    Built in 2024
    1 Acres Lot
    $-- Zestimate®
    $578/sqft
    $7,246 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,246/mo

    Zestimate® history
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    What's special

    South of the Highway stunning designer-built new construction is set in the heart of Water Mill, just minutes from villages and beaches. This exceptional home spans over 7,500 square feet across three levels, featuring 7 bedrooms and 8.5 baths, and competes favorably with homes valued over $7 million.The expansive open living areas include formal dining and living rooms, perfect for both everyday living and entertaining. The finished lower level offers a large gym with a sauna and private terrace, a custom terraced theater room, and a spacious recreation space.The exterior is equally impressive, with views of a charming farm orchard and beautifully landscaped grounds creating a private oasis. Enjoy the luxurious gunite pool with an automatic cover, in-pool speakers, and a spa pool, making this property a true retreat

    Zillow last checked:

    Source: Out East,MLS#: 358051

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Laundry, Library, Office, Workshop
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 9,000
    • Total interior livable area: 9,000 sqft

    Property

    Parking
    • Parking features: GarageDetached
    • Has garage: Yes
    Features
    • Stories: 2
    • Has private pool: Yes
    • Has spa: Yes
    • Spa features: Heated
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 0900133000200011002

    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: $578/sqft
    • Tax assessed value: $4,933,600
    • Date on market: 5/23/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    11/7/2025Sold$5,200,000$578/sqft
    Source: Public Record Report a problem
    6/27/2025Sold$5,200,000-13.3%$578/sqft
    Source: Agent Provided Report a problem
    5/23/2025Pending sale$5,995,000+15.4%$666/sqft
    Source: Out East #358051 Report a problem
    4/4/2025Price change$5,195,000-1.9%$577/sqft
    Source: Out East #358051 Report a problem
    5/5/2024Price change$5,295,000-3.6%$588/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3467535 Report a problem
    10/18/2023Price change$5,495,000-2.7%$611/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3467535 Report a problem
    8/3/2023Price change$5,650,000-5.8%$628/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3467535 Report a problem
    5/27/2023Price change$5,995,000+9%$666/sqft
    Source: Out East #358051 Report a problem
    12/8/2022Listed for sale$5,500,000$611/sqft
    Source: Out East #358051 Report a problem
    10/17/2022Listing removed--
    Source: Out East Report a problem
    1/12/2022Price change$5,500,000+10.1%$611/sqft
    Source: Out East #358051 Report a problem
    5/2/2021Listed for sale$4,995,000+436.2%$555/sqft
    Source: Out East #358051 Report a problem
    11/5/2020Sold$931,500+3.5%$104/sqft
    Source: Public Record Report a problem
    8/26/2020Sold$900,000$100/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $4,933,600
    2024-- $4,933,600
    2023-- $4,933,600 +0.3%
    2022-- $4,918,800 +407.2%
    2021-- $969,700
    2020-- $969,700
    2019-- $969,700 +1.4%
    2018-- $955,900
    2017$4,357 $955,900
    2016-- $955,900
    2015-- $955,900
    2014-- $955,900
    2013-- $955,900
    2012-- $955,900
    2011-- $955,900
    2007$4,203 +31.6%$955,900 +68.3%
    2005$3,194 -18.1%$567,912 +5364.9%
    2004$3,899 +6.6%$10,392 +1.8%
    2003$3,656 +3.3%$10,204
    2002$3,540 $10,204
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating