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.
For sale
$4,999,000
5 New Ln, Southampton, NY 11968
5beds
5,000sqft
Single Family Residence
Built in 2007
0.8 Acres Lot
$-- Zestimate®
$1,000/sqft
$-- HOA
What's special
First-floor guest suiteAttached two-car garageHeated gunite poolCedar-shingled estateGenerous room proportionsClassic hamptons architectureCovered loggia with fireplace
- 63 days
- 1,053
- 58
Zillow last checked:
Listed by:
Corcoran Group,
Jason B. Schommer - Associate Real Estate Broker 917-553-7383
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: $1,000/sqft
- Tax assessed value: $2,849,200
- Date on market: 7/2/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$9,220/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $4,999,000-7.3%$1,000/sqft |
Source: Out East #382783 Report a problem | ||
| 12/30/2024 | Listing removed | $5,395,000$1,079/sqft |
Source: Out East #382783 Report a problem | ||
| 7/17/2024 | Listed for sale | $5,395,000+54.7%$1,079/sqft |
Source: Out East #382783 Report a problem | ||
| 6/26/2024 | Sold | $3,487,000+5.7%$697/sqft |
Source: Public Record Report a problem | ||
| 3/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/18/2024 | Price change | $50,000+488.2%$10/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2024 | Listed for rent | $8,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/3/2023 | Listed for rent | $8,500-96.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/31/2023 | Listed for rent | $225,000+703.6%$45/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: Out East Report a problem | ||
| 1/25/2022 | Price change | $28,000-62.7%$6/sqft |
Source: Out East #361231 Report a problem | ||
| 10/15/2021 | Price change | $75,000+167.9%$15/sqft |
Source: Out East #78941 Report a problem | ||
| 10/12/2021 | Price change | $28,000-62.7%$6/sqft |
Source: Out East #361231 Report a problem | ||
| 9/25/2021 | Listed for rent | $75,000+361.5%$15/sqft |
Source: Out East #76403 Report a problem | ||
| 1/29/2021 | Listing removed | -- |
Source: Out East Report a problem | ||
| 3/27/2020 | Listing removed | $3,299,000$660/sqft |
Source: Corcoran - EE Westhampton Beach #54701 Report a problem | ||
| 1/28/2020 | Listed for rent | $16,250-78.3%$3/sqft |
Source: Southampton #78941 Report a problem | ||
| 4/8/2019 | Listed for sale | $3,299,000$660/sqft |
Source: Corcoran Group Report a problem | ||
| 2/11/2019 | Listing removed | $3,299,000$660/sqft |
Source: Corcoran Group #54701 Report a problem | ||
| 1/16/2018 | Price change | $3,299,000-3.5%$660/sqft |
Source: The Corcoran Group #54701 Report a problem | ||
| 10/10/2017 | Price change | $3,420,000+1.8%$684/sqft |
Source: The Corcoran Group #54701 Report a problem | ||
| 8/13/2016 | Listed for sale | $3,360,000-7.7%$672/sqft |
Source: Sotheby's International Realty - Bridgehampton Brokerage #0038373 Report a problem | ||
| 8/13/2016 | Listing removed | $75,000+267.4%$15/sqft |
Source: Sotheby's International Realty - Southampton Brokerage #0054969 Report a problem | ||
| 10/3/2015 | Listed for rent | $20,416$4/sqft |
Source: Sotheby's International Realty - Southampton Brokerage #0054969 Report a problem | ||
| 5/17/2007 | Sold | $3,640,000+3521.9%$728/sqft |
Source: Public Record Report a problem | ||
| 3/28/1996 | Sold | $100,500$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




