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For sale
  • $22,000,000

    501 Parsonage Ln, Sagaponack, NY 11963

    8beds
    --sqft
    Loading
    Single Family Residence
    Built in ----
    1.5 Acres Lot
    $20,050,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Four additional en-suite bedroomsSecond laundry roomLinen closetMultiple closetsDouble-height junior primary suiteThree-car garageBuilt-in wolf grill station
    A rare and refined offering on coveted Parsonage Lane, this pristine estate overlooks a breathtaking 15-acre reserve and is set on 1.5 beautifully landscaped acres. Spanning over 15,000A± sq. ft. across three levels, the residence is thoughtfully designed for both grand entertaining and effortless everyday living. A dramatic 24-foot, double-height paneled foyer introduces the home, leading to elegant formal and informal spaces. The main level features a chef's kitchen equipped with premium Wolf, Sub-Zero, and Miele appliances, complemented by a fully outfitted butler's pantry and formal dining room. A double-height junior primary suite, along with a great room, media room, office, and pool bath, complete this level. A well-designed mudroom connects seamlessly to the three-car garage. Upstairs, the luxurious primary suite offers a fireplace, multiple closets, and a private mahogany deck with sweeping reserve views. Four additional en-suite bedrooms, a second laundry room, and a linen closet complete the second floor. The finished lower level, spanning 4,700A± sq. ft., includes a spacious recreation area with a separate entrance, gym, and two en-suite bedrooms ideal for guests or staff. An elevator services all three floors. Outdoors, 3,600A± sq. ft. of covered porches and patios provide the perfect setting for entertaining, featuring a built-in Wolf grill station, a 54x25 heated gunite pool, and an expansive spa. Meticulous craftsmanship is evident throughout, with paneled walls, coffered ceilings, and custom millwork. Surrounded by mature landscaping and tranquil farm vistas, and located just minutes from Sagg Main Beach, this is a truly exceptional Sagaponack dream estate. This listing may include images that have been digitally altered or virtually staged. Original, unedited images are available upon request.
    61 days
    |
    1,070
    |
    50
    |

    Zillow last checked:

    Listed by:

    Douglas Elliman Real Estate 631-283-4343,

    Erica Grossman - Real Estate Sales Person 917-710-2512

    Source: Out East,MLS#: 395989

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 12
      • Full bathrooms: 10
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 1.5 Acres
      Details
      • Parcel number: 0908007000100009000

      Construction

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

      Community & HOA

      Location
      • Region: Sagaponack

      Financial & listing details

      • Tax assessed value: $11,202,200
      • Date on market: 6/3/2026
      • Lease term: Contact For Details

        Estimated market value

        $20,050,500

        $19.05M - $21.05M

        $7,316/mo

        Price history

        DateEventPrice
        6/3/2026Listed for sale$22,000,000+39.7%
        Source: Out East #395989 Report a problem
        12/5/2022Sold$15,750,000+57.7%
        Source: Public Record Report a problem
        5/20/2009Sold$9,987,500+149%
        Source: Public Record Report a problem
        10/18/2006Sold$4,011,736
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $11,202,200
        2024-- $11,202,200
        2023-- $11,202,200
        2022-- $11,202,200
        2021-- $11,202,200
        2020-- $11,202,200 -0.3%
        2019-- $11,231,300 +0.2%
        2018-- $11,208,400
        2017$22,532 $11,208,400 +6.9%
        2016-- $10,485,300
        2015-- $10,485,300
        2014-- $10,485,300
        2013-- $10,485,300
        2012-- $10,485,300 +1.1%
        2011-- $10,373,700 +102.3%
        2007$10,855 $5,129,100
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11963

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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