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Off market
  • $21,559,900

    494 Hedges Ln, Sagaponack, NY 11963

    8beds
    12,000sqft
    SingleFamily
    Built in 2019
    2.3 Acres Lot
    $21,559,900 Zestimate®
    $1,797/sqft
    $312,095 Estimated rent

    Home value

    $21,559,900

    $18.33M - $25.23M

    $312,095/mo

    Zestimate® history
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    $312,095/mo

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    Rent Zestimate®

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    $149,803/mo

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    $149,803/mo

    Est. payment

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    What's special

    Set back from Sagaponack Village's most prestigious lane on 2.3+/- private and tranquil acres, this classic Hamptons estate designed and custom built by Michael Davis features over 7,600+/- sq. ft. of living space above ground and over 4,400+/- sq. ft. in the finished lower level. The house has eight en-suite bedrooms, a 60' heated gunite pool and spa, pergola, pool house, outdoor kitchen and a sunken tennis court. Lush landscaping, an entry court, service entrance, and a large rear lawn make for an ideal escape from the city. The transitional design of the main house was inspired by classic colonial and shingle styles. At the rear of the house, walls of glass link indoor and outdoor living spaces. A covered porch provides an outside living room with TV and fireplace. On the main level, the entry foyer features an elegant, curving stair. The 14' high great room is detailed with paneled walls and ceiling beams. In addition, a junior master bedroom is also located on the main level and a three-car garage is connected to the house through a generous mudroom. Barn doors on the north end of the garage convert the space into a grand indoor/outdoor party area. Upstairs, the master suite is accessed from a private hall and has an outdoor terrace, and luxurious his and hers baths and walk-in closets. Elsewhere the home can accommodate up to a dozen visitors with three guest bedrooms and a flex room. The lower level provides ample opportunities for entertainment, with a media room, recreation room, wine room, golf room and gym. Plus there are an additional three en-suite bedrooms for guests or staff. An elevator connects all three levels. Access to a laundry chute is provided on both the upper level and in the kitchen. The pool house is an open-air structure outfitted with a wet bar and storage, and sited to be the perfect hub for outdoor summer gatherings. The unique details compliment those at the main house, tying all the elements of the property into one balanced design.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 14
    • Full bathrooms: 11
    • 1/2 bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 12,000 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 2.3 Acres
    Details
    • Parcel number: 0908007000100022000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • New construction: No
    • Year built: 2019

    Community & HOA

    Location
    • Region: Sagaponack

    Financial & listing details

    • Price per square foot: $1,797/sqft
    • Tax assessed value: $14,496,930

    Price history

    DateEventPrice
    2/25/2020Sold$16,500,000-7.8%$1,375/sqft
    Source: Public Record Report a problem
    12/11/2019Pending sale$17,900,000$1,492/sqft
    Source: Saunders & Associates #102936 Report a problem
    11/1/2019Price change$17,900,000-8%$1,492/sqft
    Source: Saunders & Associates #102936 Report a problem
    9/13/2019Price change$19,450,000-2.5%$1,621/sqft
    Source: Saunders & Associates #102936 Report a problem
    5/8/2019Price change$19,950,000-15.1%$1,663/sqft
    Source: Saunders & Associates Report a problem
    10/24/2018Listed for sale$23,500,000+248.8%$1,958/sqft
    Source: Saunders & Associates #102936 Report a problem
    9/25/2017Sold$6,737,500$561/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $14,496,930 -20%
    2024-- $18,121,000
    2023-- $18,121,000
    2022-- $18,121,000 0%
    2021-- $18,126,800
    2020-- $18,126,800
    2019-- $18,126,800 +174.8%
    2018-- $6,595,900 +32.6%
    2017$8,905 $4,972,800 +20%
    2016-- $4,144,000
    2015-- $4,144,000 -0.8%
    2014-- $4,175,800
    2013-- $4,175,800
    2012-- $4,175,800
    2011-- $4,175,800 +25%
    2007$7,070 $3,340,700
    Find assessor info on the county website

    Neighborhood: 11963

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $21,559,900
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    Estimated market value
    $21,559,900