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Sold for $3,150,000
  • $3,150,000

    406 Montauk Hwy, Water Mill, NY 11976

    6beds
    5,821sqft
    Single Family Residence
    Built in 1982
    0.65 Acres Lot
    $3,196,500 Zestimate®
    $541/sqft
    $7,785 Estimated rent

    Home value

    $3,196,500

    $2.88M - $3.55M

    $7,785/mo

    Zestimate® history
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    What's special

    Expansive backyardNewly installed poolSpacious en-suite primary suiteGracious entryway
    Discover this rare gem in the heart of Water Mill, perfectly positioned South of the Highway on a generous .65-acre lot. With over 5,800 sq ft of beautifully designed space, this 6-bedroom, 5.5-bathroom home offers room to relax, entertain, and enjoy the Hamptons lifestyle to the fullest. Step inside to a gracious entryway that flows seamlessly into an open-concept kitchen, dining, and living area - ideal for gatherings and everyday living. The main level features three well-appointed bedrooms, while the upstairs opens to a bright den and recreation space, along with three additional bedrooms, including a spacious en-suite primary suite. Outside, unwind in your expansive backyard surrounding the newly installed pool - the perfect summer retreat. This is a rare opportunity to own a large, move-in-ready home South of the Highway in the coveted Water Mill.

    Zillow last checked:

    Source: Out East,MLS#: 390540

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Family Room, Laundry
    Cooling
    • Central Air
    Features
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 5,821
    • Total interior livable area: 5,821 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 2
    • Has private pool: Yes
    Lot
    • Size: 0.65 Acres
    Details
    • Parcel number: 0900133000200019000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1982

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $541/sqft
    • Tax assessed value: $1,237,300
    • Date on market: 8/16/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    4/30/2026Sold$3,150,000-3.8%$541/sqft
    Source: Agent Provided Report a problem
    4/2/2026Pending sale$3,275,000$563/sqft
    Source: Out East #390540 Report a problem
    2/9/2026Listed for sale$3,275,000-5.6%$563/sqft
    Source: Out East #390540 Report a problem
    1/8/2026Listing removed$3,470,000$596/sqft
    Source: Out East #390540 Report a problem
    8/16/2025Listed for sale$3,470,000+247.3%$596/sqft
    Source: Out East #390540 Report a problem
    6/26/2022Listing removed--
    Source: Out East Report a problem
    11/4/2021Price change$83,333+239%$14/sqft
    Source: Out East #359202 Report a problem
    9/13/2021Price change$24,583-90.2%$4/sqft
    Source: Out East #359202 Report a problem
    9/9/2021Price change$250,000+1151.6%$43/sqft
    Source: Out East #359202 Report a problem
    8/29/2021Listed for rent$19,975-55.6%$3/sqft
    Source: Out East #359202 Report a problem
    7/8/2021Listing removed--
    Source: Out East Report a problem
    6/30/2021Price change$45,000-52.6%$8/sqft
    Source: Out East #359202 Report a problem
    6/16/2021Listed for rent$95,000$16/sqft
    Source: Out East #359202 Report a problem
    10/17/2017Listing removed$999,000$172/sqft
    Source: Douglas Elliman #H50609 Report a problem
    10/17/2017Listed for sale$999,000+5.7%$172/sqft
    Source: Douglas Elliman #H50609 Report a problem
    10/14/2017Sold$945,000-5.4%$162/sqft
    Source: Public Record Report a problem
    8/7/2017Pending sale$999,000$172/sqft
    Source: Douglas Elliman Real Estate #50609 Report a problem
    6/17/2017Price change$999,000-13.1%$172/sqft
    Source: Douglas Elliman Real Estate #50609 Report a problem
    6/3/2017Price change$1,150,000-4.1%$198/sqft
    Source: Douglas Elliman #H50609 Report a problem
    5/2/2017Price change$1,199,000+1.6%$206/sqft
    Source: Douglas Elliman Real Estate #50609 Report a problem
    4/10/2017Price change$1,180,000-1.7%$203/sqft
    Source: Douglas Elliman Real Estate #50609 Report a problem
    3/27/2017Price change$1,200,000-20%$206/sqft
    Source: Real Living Innovations Realty #2908574 Report a problem
    2/21/2017Price change$1,500,000-6.3%$258/sqft
    Source: Real Living Innovations Realty #2908574 Report a problem
    1/24/2017Price change$1,600,000+33.3%$275/sqft
    Source: Real Living Innovations Realty #2908574 Report a problem
    12/9/2016Price change$1,200,000-17.2%$206/sqft
    Source: Sotheby's International Realty - Southampton Brokerage #0057079 Report a problem
    11/12/2016Listed for sale$1,450,000$249/sqft
    Source: Sotheby's International Realty - Southampton Brokerage #0057079 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,237,300
    2024-- $1,237,300
    2023-- $1,237,300
    2022-- $1,237,300
    2021-- $1,237,300 +6.8%
    2020-- $1,158,700
    2019-- $1,158,700 +2.1%
    2018-- $1,134,900 -7.2%
    2017$5,577 $1,223,200 -0.3%
    2016-- $1,226,700
    2015-- $1,226,700
    2014-- $1,226,700
    2013-- $1,226,700
    2012-- $1,226,700
    2011-- $1,226,700 +35.8%
    2007$3,963 +66%$903,200 +112.4%
    2005$2,388 -37%$425,282 +4104.1%
    2004$3,789 +4.7%$10,116
    2003$3,620 +3.2%$10,116
    2002$3,506 $10,116
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,196,500
    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
    $3,196,500