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Sold for $3,487,000
  • $3,487,000

    5 New Ln, Southampton, NY 11968

    5beds
    5,000sqft
    Single Family Residence
    Built in 2007
    0.8 Acres Lot
    $-- Zestimate®
    $697/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    First-floor guest suiteAttached two-car garageHeated gunite poolCedar-shingled estateGenerous room proportionsClassic hamptons architectureCovered loggia with fireplace
    Located south of the highway in Southampton's sought-after Artist Colony, this substantial cedar-shingled estate offers a rare combination of scale, privacy, craftsmanship, and value just moments from Southampton Village and approximately two miles from Coopers Beach. Privately set on nearly an acre of beautifully landscaped grounds, the property encompasses approximately 5,000 square feet with five bedrooms, five full baths, one half bath, a heated Gunite pool, pool house, covered loggia, and attached two-car garage. What distinguishes this offering is not simply its size or location, but the extraordinary level of investment already made by the current owner. Over the past several years, significant capital improvements have transformed the property into a truly turnkey Hamptons retreat. The pool and surrounding hardscape have been renovated, the landscape extensively upgraded, the long estate driveway improved with gravel and steel edging, road access paved, major appliances replaced with full-size Sub-Zero refrigeration, and the home's systems serviced and maintained to provide confidence for the next owner. Inside, classic Hamptons architecture is paired with generous room proportions and exceptional warmth. Formal and informal living spaces flow easily throughout the home, creating an ideal environment for both large-scale entertaining and relaxed everyday living. A first-floor guest suite provides flexibility for family and visitors, while multiple gathering spaces offer privacy and comfort throughout the year. A particularly rare feature is the presence of eight masonry fireplaces. Seldom found in homes at this price point, these substantial fireplaces create a level of character, craftsmanship, and architectural permanence that is increasingly difficult and expensive to replicate today. Outdoor living is equally compelling. Bluestone terraces surround the heated Gunite pool, while the pool house-with kitchenette, living area, bath, and laundry-offers exceptional flexibility for guests, extended family, or summer entertaining. The covered loggia with fireplace extends the living experience outdoors and provides an inviting setting from spring through late fall. For buyers seeking a Southampton property with meaningful scale, established landscaping, substantial recent improvements, and the ability to enjoy the home immediately rather than undertake years of renovation and deferred maintenance, this represents a compelling opportunity. Recreating this property today-with its location, square footage, pool house, mature landscaping, eight masonry fireplaces, and extensive recent upgrades-would require a significantly greater investment of both time and capital. The result is a home that offers the character of a classic Hamptons estate with the confidence and convenience of a property that has already been thoughtfully improved and maintained. A rare offering for buyers who recognize enduring quality, exceptional value, and the increasingly limited supply of move-in-ready Southampton properties with this combination of features and location.

    Zillow last checked:

    Source: Out East,MLS#: 382783

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • 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: 5,000
    • Total interior livable area: 5,000 sqft

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Stories: 2
    • Has private pool: Yes
    Lot
    • Size: 0.8 Acres
    Details
    • Parcel number: 0900211000200011001

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2007

    Community & HOA

    Location
    • Region: Southampton

    Financial & listing details

    • Price per square foot: $697/sqft
    • Tax assessed value: $2,849,200
    • Date on market: 7/17/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/7/2026Listing removed$4,999,000$1,000/sqft
    Source: Out East #382783 Report a problem
    9/16/2026Pending sale$4,999,000$1,000/sqft
    Source: Out East #382783 Report a problem
    7/2/2026Listed for sale$4,999,000-7.3%$1,000/sqft
    Source: Out East #382783 Report a problem
    12/30/2024Listing removed$5,395,000$1,079/sqft
    Source: Out East #382783 Report a problem
    7/17/2024Listed for sale$5,395,000+54.7%$1,079/sqft
    Source: Out East #382783 Report a problem
    6/26/2024Sold$3,487,000+5.7%$697/sqft
    Source: Public Record Report a problem
    3/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/18/2024Price change$50,000+488.2%$10/sqft
    Source: Zillow Rentals Report a problem
    2/12/2024Listed for rent$8,500$2/sqft
    Source: Zillow Rentals Report a problem
    1/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    11/3/2023Listed for rent$8,500-96.2%$2/sqft
    Source: Zillow Rentals Report a problem
    9/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/31/2023Listed for rent$225,000+703.6%$45/sqft
    Source: Zillow Rentals Report a problem
    7/1/2022Listing removed--
    Source: Out East Report a problem
    1/25/2022Price change$28,000-62.7%$6/sqft
    Source: Out East #361231 Report a problem
    10/15/2021Price change$75,000+167.9%$15/sqft
    Source: Out East #78941 Report a problem
    10/12/2021Price change$28,000-62.7%$6/sqft
    Source: Out East #361231 Report a problem
    9/25/2021Listed for rent$75,000+361.5%$15/sqft
    Source: Out East #76403 Report a problem
    1/29/2021Listing removed--
    Source: Out East Report a problem
    3/27/2020Listing removed$3,299,000$660/sqft
    Source: Corcoran - EE Westhampton Beach #54701 Report a problem
    1/28/2020Listed for rent$16,250$3/sqft
    Source: Southampton #78941 Report a problem
    4/8/2019Listed for sale$3,299,000$660/sqft
    Source: Corcoran Group Report a problem
    2/11/2019Listing removed$3,299,000$660/sqft
    Source: Corcoran Group #54701 Report a problem
    1/16/2018Price change$3,299,000-3.5%$660/sqft
    Source: The Corcoran Group #54701 Report a problem
    10/10/2017Listed for sale$3,420,000+1.8%$684/sqft
    Source: The Corcoran Group #54701 Report a problem
    8/13/2016Listed for sale$3,360,000-7.7%$672/sqft
    Source: Sotheby's International Realty - Bridgehampton Brokerage #0038373 Report a problem
    5/17/2007Sold$3,640,000+3521.9%$728/sqft
    Source: Public Record Report a problem
    3/28/1996Sold$100,500$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $2,849,200
    2024-- $2,849,200
    2023-- $2,849,200
    2022-- $2,849,200 +0.4%
    2021-- $2,838,300
    2020-- $2,838,300 +0%
    2019-- $2,837,300
    2018-- $2,837,300
    2017$27,359 $2,837,300
    2016-- $2,837,300
    2015-- $2,837,300
    2014-- $2,837,300
    2013-- $2,837,300
    2012-- $2,837,300 +2.3%
    2011-- $2,773,400 +82.1%
    2007$11,675 +355.6%$1,523,100 +446.5%
    2005$2,563 +56.4%$278,700 +9214.8%
    2004$1,638 +5.6%$2,992
    2003$1,551 +10%$2,992
    2002$1,410 +14.6%$2,992
    2001$1,230 +7.5%$2,992
    2000$1,144 $2,992
    Find assessor info on the county website

    Neighborhood: 11968

    Nearby schools

    GreatSchools rating