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Off market
  • $4,882,300

    5 Millfarm Ln, Water Mill, NY 11968

    6beds
    5baths
    3,500sqft
    SingleFamily
    Built in 2005
    0.77 Acres Lot
    $4,882,300 Zestimate®
    $1,395/sqft
    $7,746 Estimated rent

    Home value

    $4,882,300

    $4.39M - $5.47M

    $7,746/mo

    Zestimate® history
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    Rent Zestimate®

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    $33,710/mo

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    What's special

    A spectacular setting bordering bucolic Water Mill farm fields is home to an iconic Hamptons home with six bedrooms, five-and-half baths, a 2-car garage, heated gunite pool, bluestone patio and covered porch. With views from every window, the main level boasts a large chef's kitchen, a formal dining room, a media room, and an oversized living room with wood-burning fireplace and dramatic cathedral ceiling. Upstairs, the principal bedroom offers a gas fireplace, a large marble bath, and a walk-out balcony for enjoying the sweeping farm views. Two additional bedrooms complete the second floor, and a separate guest suite is located in a separate wing. The lower level includes a large playroom and lounge plus another bedroom and full bath. fireplace with spectacular farm views. This ideal location is just minutes from village amenities and ocean beaches.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5.5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,500 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 0.77 Acres
    Details
    • Parcel number: 0900113000300005008

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2005

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,395/sqft
    • Tax assessed value: $2,646,000

    Price history

    DateEventPrice
    8/18/2021Listing removed--
    Source: Out East Report a problem
    8/16/2021Price change$150,000+400%$43/sqft
    Source: Out East #111060 Report a problem
    11/12/2020Price change$30,000-50%$9/sqft
    Source: Douglas Elliman Real Estate #111060 Report a problem
    9/3/2020Price change$60,000+69.4%$17/sqft
    Source: Southampton #111060 Report a problem
    8/15/2020Price change$35,416-41%$10/sqft
    Source: Southampton #111060 Report a problem
    6/13/2020Price change$60,000-20%$17/sqft
    Source: Southampton #111060 Report a problem
    1/13/2019Listed for rent$75,000$21/sqft
    Source: Douglas Elliman Real Estate Southampton Office #110765 Report a problem
    9/6/2016Sold$3,150,000+563.2%$900/sqft
    Source: Public Record Report a problem
    4/8/2004Sold$475,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,646,000 -15.9%
    2024-- $3,147,600
    2023-- $3,147,600
    2022-- $3,147,600 +0.4%
    2021-- $3,136,500
    2020-- $3,136,500
    2019-- $3,136,500 +1.5%
    2018-- $3,091,400 +8.9%
    2017$8,691 $2,839,500 +48.5%
    2016-- $1,911,600
    2015-- $1,911,600
    2014-- $1,911,600
    2013-- $1,911,600
    2012-- $1,911,600
    2011-- $1,911,600 +17.6%
    2007$7,133 +284.1%$1,625,600 +391.4%
    2005$1,857 -4%$330,800 +6305.9%
    2004$1,934 +4.7%$5,164
    2003$1,848 +3.2%$5,164
    2002$1,790 +6.5%$5,164
    2001$1,681 +3.2%$5,164
    2000$1,629 $5,164
    Find assessor info on the county website

    Neighborhood: 11968

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,882,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,882,300