Discover a rare opportunity to own a contemporary home in the heart of Water Mill, NY, set on a beautifully landscaped 0.50A± acre property with room for expansion. This stylish 3 bedroom, 2 bath home offers soaring ceilings and an open, light-filled layout ideal for both year-round living and Hamptons summer entertaining. The main level features a well appointed kitchen, spacious den with a wood burning fireplace, laundry room, full bathroom, and two bedrooms-one with sliding glass doors leading to the back deck, creating seamless indoor-outdoor living. The primary suite occupies the upper level, complete with a soaking tub, dual shower, walk in closet, and a versatile flex space ideal for a home office, gym, or lounge area. Additional highlights include a two car garage with high ceilings and a full basement with an egress window. Architectural plans are already in place to finish the approximately 1,200 sq ft lower level and add an additional bedroom & bathroom. A brand new heated gunite swimming pool was just recently completed. Currently offering approximately 2,250 sq ft of finished living space, the home has the potential to expand to nearly 4,000 sq ft by finishing the existing unfinished areas including the basement and garage, creating a significant value-add opportunity. Positioned across the street from multi million dollar estates, this property offers a prestigious yet private Water Mill setting just minutes from ocean beaches, Southampton Village, Bridgehampton Village, farm stands, and world-class shopping.
For sale
Price cut: $100K (8/26)
$2,095,000
485 Seven Ponds Towd Rd, Water Mill, NY 11976
3beds
2,251sqft
Single Family Residence
Built in 1997
0.47 Acres Lot
$1,971,000 Zestimate®
$931/sqft
$-- HOA
What's special
Open light-filled layoutWalk in closetSoaring ceilingsPrimary suiteSoaking tubDual showerWell appointed kitchen
- 189 days
- 942
- 78
Zillow last checked:
Listed by:
Nest Seekers International 631-741-1756,
Tara Capri - Real Estate Sales Person 631-741-1756
Source: Out East,MLS#: 394257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Laundry, Office
Cooling
- Central Air
Features
- Basement: Yes
- Has fireplace: Yes
Interior area
- Total structure area: 2,251
- Total interior livable area: 2,251 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Has private pool: Yes
- Pool features: Heated
Lot
- Size: 0.47 Acres
Details
- Parcel number: 0900100000200019000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1997
Community & HOA
Location
- Region: Water Mill
Financial & listing details
- Price per square foot: $931/sqft
- Tax assessed value: $919,600
- Date on market: 3/19/2026
- Lease term: Contact For Details
Estimated market value
$1,971,000
$1.87M - $2.07M
$4,455/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $2,095,000-4.6%$931/sqft |
Source: Out East #394257 Report a problem | ||
| 3/19/2026 | Listed for sale | $2,195,000+21.9%$975/sqft |
Source: Out East #394257 Report a problem | ||
| 5/25/2025 | Listing removed | $1,800,000$800/sqft |
Source: Out East #384758 Report a problem | ||
| 11/5/2024 | Listed for sale | $1,800,000+119.8%$800/sqft |
Source: Out East #384758 Report a problem | ||
| 10/12/2005 | Sold | $819,000$364/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $919,600 |
| 2024 | -- | $919,600 |
| 2023 | -- | $919,600 |
| 2022 | -- | $919,600 |
| 2021 | -- | $919,600 |
| 2020 | -- | $919,600 |
| 2019 | -- | $919,600 +19.1% |
| 2018 | -- | $771,900 |
| 2017 | $3,510 | $771,900 |
| 2016 | -- | $771,900 |
| 2015 | -- | $771,900 |
| 2014 | -- | $771,900 |
| 2013 | -- | $771,900 +17.1% |
| 2012 | -- | $659,300 -15% |
| 2011 | -- | $775,700 |
| 2010 | -- | $775,700 |
| 2009 | -- | $775,700 |
| 2008 | -- | $775,700 |
| 2007 | $3,404 +5.7% | $775,700 +15.9% |
| 2005 | $3,221 +2.3% | $669,000 +6757.3% |
| 2004 | $3,148 +4.5% | $9,756 -0.6% |
| 2003 | $3,013 +3.9% | $9,812 |
| 2002 | $2,900 | $9,812 |
Find assessor info on the county website





