Skip main navigation
Sold for $4,825,000
  • $4,825,000

    479 Pauls Ln, Water Mill, NY 11976

    0beds
    --baths
    0.93Acres
    Unimproved Land
    Built in ----
    0.93 Acres Lot
    $5,054,800 Zestimate®
    $--/sqft
    $3,856 Estimated rent

    Home value

    $5,054,800

    $4.40M - $5.76M

    $3,856/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,856/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,856/mo

    Rent Zestimate®

    Refinance and save

    $33,645/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $33,645/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Located south of the highway in Bridgehampton, this exceptional property boasts a distinctive setting that uniquely borders three reserves. This builder's acre is strategically positioned, adjoining a 40-acre reserve on one side, a 1.5-acre reserve on another, and a 13-acre horse farm reserve across the street, ensuring unparalleled privacy. The shovel-ready offering includes all plans, permits and approvals for a 10,000 +/- sq. ft. brand new construction home. This proposed residence is spread across three levels with 9 bedrooms and 12 bathrooms, along with an attached three-car garage and separate pool house. Currently on the parcel is an operational 1,800 +/- sq. ft. house with 3 bedrooms and an existing pool. Situated within close proximity to ocean beaches, this unique opportunity offers an ideal blend of building potential and convenience.

    Zillow last checked:

    Source: Out East,MLS#: 378147

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    Features
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 0.93 Acres
    Details
    • Parcel number: 0900105000100001006

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Tax assessed value: $3,259,400
    • Date on market: 1/15/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/30/2024Sold$4,825,000-12.2%
    Source: Agent Provided Report a problem
    4/22/2024Pending sale$5,495,000
    Source: Out East #378147 Report a problem
    1/15/2024Price change$5,495,000-4.4%
    Source: Out East #378147 Report a problem
    3/30/2023Listed for sale$5,750,000+96%
    Source: Douglas Elliman #372919 Report a problem
    5/19/2021Sold$2,933,500-16.1%
    Source: Public Record Report a problem
    9/16/2020Price change$3,495,000-5.5%
    Source: Corcoran Group #352727 Report a problem
    8/19/2020Price change$3,700,000-6.3%
    Source: Corcoran Group #352727 Report a problem
    7/3/2020Listed for sale$3,950,000+77.9%
    Source: Corcoran Group #352727 Report a problem
    8/20/2004Sold$2,220,000+370.8%
    Source: Public Record Report a problem
    5/26/1995Sold$471,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $3,259,400 -8.1%
    2024-- $3,547,700
    2023-- $3,547,700
    2022-- $3,547,700 +18.3%
    2021-- $3,000,000
    2020-- $3,000,000
    2019-- $3,000,000 -4.2%
    2018-- $3,130,600 +17.5%
    2017$10,039 $2,664,900
    2016-- $2,664,900
    2015-- $2,664,900
    2014-- $2,664,900
    2013-- $2,664,900
    2012-- $2,664,900
    2011-- $2,664,900
    2007$7,980 +12.2%$2,664,900 +73.2%
    2005$7,113 +20.2%$1,538,584 +8329.7%
    2004$5,918 +1.5%$18,252
    2003$5,832 +4.6%$18,252
    2002$5,578 $18,252
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating