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For sale
  • $25,000,000

    359 Meadow Ln, Southampton, NY 11968

    5beds
    --sqft
    Loading
    Single Family Residence
    Built in 1988
    5.6 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Six bathroomsClimate-controlled storageTwo detached two-car garagesSweeping ocean viewsTennis court with pavilionFull staff quartersSerene meticulously maintained grounds
    Set in the prestigious Estate Section of Southampton Village on world-renowned Meadow Lane, this expansive 5.6A±-acre waterfront property offers an extraordinary opportunity in one of the most coveted locations in the Hamptons. With over 700A± feet of direct frontage on Halsey Neck Pond and sweeping ocean views, this iconic estate—known as Swans Crossing—captures the rare combination of privacy, scale, and breathtaking natural beauty. Perfectly positioned between the Atlantic Ocean and a thriving waterfront ecosystem, the property offers a front-row seat to spectacular wildlife, along with unforgettable sunrises and sunsets that illuminate the landscape in every season. A long gated driveway leads to serene, meticulously maintained grounds anchored by a contemporary 7,000A± square-foot residence just moments from the ocean's edge. The main home features five bedrooms and six bathrooms, offering generous living and entertaining spaces designed to maximize the surrounding water views. The estate's amenities are exceptional, including a tennis court with pavilion, a pool with spa, and a fully equipped pool house complete with a full kitchen, bathroom, and two private changing rooms with showers—creating an ideal setting for effortless summer living and large-scale entertaining. Additional structures include two detached two-car garages, one of which features full staff quarters and climate-controlled storage, providing flexibility for year-round living and estate management. For those seeking to create a new legacy property along Meadow Lane, the estate comes with fully approved permits to build a magnificent 10,000A± square-foot home, offering a rare turnkey development opportunity in one of the most prestigious enclaves in the Hamptons. Combining unparalleled location, dramatic pond and ocean vistas, and extraordinary estate amenities, this is a once-in-a-lifetime chance to own a landmark property on Meadow Lane—Southampton Village luxury at its highest expression.
    560 days
    |
    2,071
    |
    46
    |

    Zillow last checked:

    Listed by:

    Sotheby's International Realty,

    Michaela Keszler - Associate Real Estate Broker 631-525-3810

    Source: Out East,MLS#: 385700

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Laundry, Library
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 2
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 5.6 Acres
      Details
      • Parcel number: 0904025000100010006

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1988

      Community & HOA

      Location
      • Region: Southampton

      Financial & listing details

      • Tax assessed value: $17,488,300
      • Date on market: 1/14/2025
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $349,065/mo

        Price history

        DateEventPrice
        1/14/2025Listed for sale$25,000,000
        Source: Out East #385700 Report a problem
        12/30/2024Listing removed$25,000,000
        Source: Out East #373483 Report a problem
        8/3/2023Price change$25,000,000-15.3%
        Source: Douglas Elliman #373483 Report a problem
        4/29/2023Listed for sale$29,500,000
        Source: Douglas Elliman #373483 Report a problem
        3/6/2023Listing removed--
        Source: Out East Report a problem
        8/26/2022Price change$29,500,000-6.3%
        Source: Out East #367999 Report a problem
        8/3/2022Listed for sale$31,500,000
        Source: Out East #367999 Report a problem
        7/19/2022Listing removed--
        Source: Out East Report a problem
        6/15/2022Listed for sale$31,500,000-16%
        Source: Out East #366988 Report a problem
        4/10/2019Listing removed$37,500,000
        Source: Bespoke Real Estate Report a problem
        10/15/2018Listed for sale$37,500,000
        Source: Bespoke Real Estate #108606 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $17,488,300
        2024-- $17,488,300
        2023-- $17,488,300
        2022-- $17,488,300 +15.5%
        2021-- $15,140,800
        2020-- $15,140,800 +0%
        2019-- $15,140,500 +7.1%
        2018-- $14,143,100 +14%
        2017$70,061 $12,406,800
        2016-- $12,406,800
        2015-- $12,406,800 +1.2%
        2014-- $12,255,900
        2012-- $12,255,900
        2011-- $12,255,900 +15%
        2007$33,342 +2.4%$10,657,200 +28.6%
        2005$32,576 -10.8%$8,288,800 +6160.2%
        2004$36,529 +5.2%$132,404
        2003$34,730 +1.9%$132,404
        2002$34,087 +8.2%$132,404
        2001$31,512 +1.3%$132,404 +0%
        2000$31,093 $132,400
        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: Southampton Village

        Getting around

        3 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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