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Off market
  • $37,344,600

    51 Halsey Ln, Water Mill, NY 11976

    11beds
    20,000sqft
    SingleFamily
    Built in 1919
    7.6 Acres Lot
    $37,344,600 Zestimate®
    $1,867/sqft
    $3,609 Estimated rent

    Home value

    $37,344,600

    $28.01M - $50.04M

    $3,609/mo

    Zestimate® history
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    $3,609/mo

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    $257,850/mo

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    $257,850/mo

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    What's special

    Villa Maria, an exceptional landmark waterfront estate originating from the 1919 vision of shipping magnate Edward P. Morse, has been stunningly transformed without altering the commanding presence of its 7.6 acres of magnificence. The home and ancillary structures of the estate have been fully restored and modernized with the link to the glory and elegance of its past. The main house of eleven bedrooms, including a six room master suite, a serene light filled atrium, and wonderfully appointed living and recreational spaces, forms a theme and partnership with the ornamental formal gardens, 656 bulkhead feet of breathtaking waterfront and endless views of the Mecox Bay. In 2005 the present owners, world-renowned designers, purchased this one-of-a-kind property and began a six year project to recapture its grandeur and splendidness while molding it into a 21st century estate home with all modern amenities including Carrara marble baths and radiant floor heating for perfect comfort any time of the year; the Mahogany Tischler und Sohn windows and doors allow the splendid light in from every angle and dictates the quality of the spaces. The 20,000 SF+/- main structure and its four levels of characterful accommodation that provide this enormously comfortable family home, also includes a Carriage House and Guest Cottage/Gate House - each roof covered in Greenstone slate with leaders and gutters lead coated to proclaim each structure an intrinsic part of the whole. Not to be left out of this splendid environment are the recreational virtues such as the all-weather tennis court, a 68'x30' heated Gunite Pool, and two Pool Pavilions with kitchen and bath. The brilliant artist Edmund D. Hollander, who provided year round beauty and privacy, designed the immaculate eye-catching landscape of seven waterfront acres plus. The original architect, Frank Freeman, followed by internationally noted architect Andre Tchelistcheff and his craftsmen of John Hummel Custom Builders, transformed the property structures enriching each room, each area, and each building with a modernity befitting the contemporary lifestyle. Nothing has been forgotten - from the sublime to the practical - on this estate. As an example, the Statuary marble in the main kitchen allows focus on the organic quality and feel of the culinary spaces without losing the form and function of their raison d'etre. From a climate controlled wine cellar, Lutron lighting throughout, to a Crestron Home Automation System that does its work quietly and efficiently-soothing and personalizing everything into the breathtaking estate and refuge that it is today-all working their magic on this... the unforgettable, incomparable Villa Maria.

    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: 11
    • Bathrooms: 16
    • Full bathrooms: 12
    • 1/2 bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 20,000 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7.6 Acres
    Details
    • Parcel number: 0900114000300024001

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1919

    Community & HOA

    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,867/sqft
    • Tax assessed value: $31,000,000

    Price history

    DateEventPrice
    2/22/2018Sold$26,100,000-38.6%$1,305/sqft
    Source: Public Record Report a problem
    3/1/2017Price change$42,500,000+7.6%$2,125/sqft
    Source: Bespoke Real Estate #49820 Report a problem
    11/20/2015Listed for sale$39,500,000-53.5%$1,975/sqft
    Source: Sotheby's International Realty - Southampton Brokerage #0056235 Report a problem
    10/6/2015Listing removed$85,000,000$4,250/sqft
    Source: The Corcoran Group #35445 Report a problem
    3/18/2015Listed for sale$85,000,000$4,250/sqft
    Source: The Corcoran Group #35445 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $31,000,000
    2024-- $31,000,000 -13.7%
    2023-- $35,940,300 0%
    2022-- $35,942,100
    2021-- $35,942,100
    2020-- $35,942,100
    2019-- $35,942,100 +7.4%
    2018-- $33,455,800
    2017$152,502 $33,455,800
    2016-- $33,455,800
    2015-- $33,455,800 +76%
    2014-- $19,009,900
    2013-- $19,009,900
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $37,344,600
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    Estimated market value
    $37,344,600