The Mill Creek Cottage offers a supreme waterfront lifestyle spread out over two single and separate lots. This exclusive 3.4 acre+/- private Water Mill retreat boasts 382' of bulkheaded water frontage, plus a 7,749 SF+/- main residence, 2,427 SF+/- guest cottage, 168 SF+/- pool house, private dock, heated gunite pool and spa, and tennis court. The 7,749 SF+/- main residence is full of warmth and character with its 5 wood-burning fireplaces, original wood-beamed ceilings, and wood flooring throughout. The main residence has 4 bedrooms, 6 full and 3 half bathrooms with the potential for additional bedrooms if desired. Generous covered porches and terraces make this exceptional residence the perfect place for waterside entertaining. 360 Cobb Road is an inviting and fully independent 2,427 SF+/- guest house that offers all the comforts of home. Enjoy 3 bedrooms, 3 full bathrooms, a fully-equipped kitchen, a wood-burning fireplace, and an attached 2-car garage.
Sold for $14,000,000
$14,000,000
366 Cobb Rd, Water Mill, NY 11976
7beds
10,176sqft
Single Family Residence
Built in 1905
3.4 Acres Lot
$15,764,600 Zestimate®
$1,376/sqft
$229,191 Estimated rent
Home value
$15,764,600
$13.24M - $18.76M
$229,191/mo
Zestimate® history
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Source: Out East,MLS#: 367638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 13
- Full bathrooms: 9
- 1/2 bathrooms: 4
Rooms
- Room types: Laundry, Library, Office
Features
- Has basement: Yes
- Has fireplace: Yes
Interior area
- Total structure area: 10,176
- Total interior livable area: 10,176 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Has private pool: Yes
- Has spa: Yes
- Spa features: Heated
Lot
- Size: 3.4 Acres
Details
- Parcel number: 0900114000200038001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1905
Community & HOA
Location
- Region: Water Mill
Financial & listing details
- Price per square foot: $1,376/sqft
- Tax assessed value: $11,795,000
- Date on market: 9/11/2023
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2023 | Sold | $14,000,000-43.9%$1,376/sqft |
Source: Public Record Report a problem | ||
| 8/21/2023 | Pending sale | $24,950,000$2,452/sqft |
Source: Out East #367638 Report a problem | ||
| 3/15/2023 | Price change | $24,950,000-15.4%$2,452/sqft |
Source: Out East #367638 Report a problem | ||
| 7/19/2022 | Listed for sale | $29,500,000$2,899/sqft |
Source: Out East #367638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $11,795,000 |
| 2024 | -- | $11,795,000 +0.2% |
| 2023 | -- | $11,770,000 |
| 2022 | -- | $11,770,000 |
| 2021 | -- | $11,770,000 -0.1% |
| 2020 | -- | $11,784,400 |
| 2019 | -- | $11,784,400 |
| 2018 | -- | $11,784,400 +12.7% |
| 2017 | $34,536 | $10,455,600 +38% |
| 2016 | -- | $7,576,600 |
| 2015 | -- | $7,576,600 |
| 2014 | -- | $7,576,600 +2% |
| 2013 | -- | $7,424,900 |
| 2012 | -- | $7,424,900 +0.2% |
| 2011 | -- | $7,407,900 |
| 2007 | $32,568 +24.5% | $7,407,900 +59.3% |
| 2005 | $26,161 +1.3% | $4,650,900 +6656.5% |
| 2004 | $25,827 +4.7% | $68,836 |
| 2003 | $24,663 +3.3% | $68,836 |
| 2002 | $23,883 | $68,836 |
Find assessor info on the county website
Neighborhood: 11976
Nearby homes
- $5,000,0003 bd3 ba2k sqft360 Cobb Rd, Water Mill, NY 11976Sold
- $6,505,9004 bd4 ba2.9k sqft332 Cobb Rd, Water Mill, NY 11976Off Market
- $3,474,9003 bd2 ba1.4k sqft79 Mecox Ln, Water Mill, NY 11976Off Market
- $14,590,3008 bd8 ba6.5k sqft45 Mecox Ln, Water Mill, NY 11976Off Market

- $4,793,7003 bd2 ba2k sqft334 Cobb Rd, Water Mill, NY 11976Off Market
- $6,446,3005 bd4 ba4.8k sqft59 Mecox Ln, Water Mill, NY 11976Off Market
- $11,971,8006 bd6 ba7.9k sqft328 Cobb Rd, Water Mill, NY 11976Off Market
- $26,828,0008 bd6 ba10k sqft326 Cobb Rd, Water Mill, NY 11976Off Market
Nearby schools
GreatSchools rating
- 6/10Southampton Intermediate SchoolGrades: 5-8Distance: 1.6 mi
- 7/10Southampton High SchoolGrades: 9-12Distance: 1.5 mi
- 5/10Southampton Elementary SchoolGrades: PK-4Distance: 2.1 mi
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Estimated market value
$15,764,600
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
$15,764,600
- New York
- Suffolk County
- Water Mill
- 11976
- 366 Cobb Rd