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Pending
  • $20,495,000

    515 Parsonage Ln, Sagaponack, NY 11963

    7beds
    12,500sqft
    Loading
    Single Family Residence
    Built in 2012
    2 Acres Lot
    $18,526,400 Zestimate®
    $1,640/sqft
    $-- HOA

    What's special

    Expansive windowsCoastal ocean breezesElegant sunken tennis courtProtected pastoral field viewsMultiple patiosAbundant flowing lightSawn oak-paneled office
    In the heart of Sagaponack on one of the most desirable Lanes of the Hamptons, moments to ocean beaches, this gated shy 2 acre secluded property instantly captivates upon entering. A comprehensive landscaping renovation by Marder's has created a private oasis with protected pastoral field views over the adjacent 15.8 acre reserve. This true 3 level home of approximately 12,500 square feet is designed for effortless, gracious living. The spacious interior holds 7 bedrooms, 10.5 baths, 7 fireplaces, formal dining, and a living room plus a great room, a sawn oak-paneled office, and a professional kitchen with a large butler's pantry. Natural light floods the house throughout the day with expansive windows that unify the interior and exterior with abundant flowing light. The massive lower level includes two separate walkout private courtyards designed that seamlessly link the lower level and outdoors. The true third floor of living space, this lower level includes a plush state-of-the-art home theater, living room, fireplace, custom fully equipped bar, billiards area, a large custom resort-like spa with oversized sauna, and steam rooms. Completing this lower level is arguably one of the most remarkable temperature-controlled custom stone and glass enclosed wine cellar anywhere in the Hamptons. The outdoor amenities include a custom-built kitchen, 2 outdoor stacked stone wood-burning fireplaces, and multiple patios that create boundless opportunities for gracious entertaining. To complete this perfect Hamptons lifestyle is an oversized 60-foot saltwater gunite pool with luxurious extra deep spa plus an elegant sunken tennis court all surrounded by expansive rolling green lawns and coastal ocean breezes. This extraordinary property has it all, including spontaneous access to pristine white sandy beaches and Sagaponack General Store. Inspired living by the ocean at its finest!
    321 days
    |
    480
    |
    10
    |

    Zillow last checked:

    Listed by:

    Corcoran Group,

    Susan Breitenbach - Associate Real Estate Broker 631-875-6000

    Source: Out East,MLS#: 390906

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 11
      • Full bathrooms: 10
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 12,500
      • Total interior livable area: 12,500 sqft

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 3
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 0908007000100008000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2012

      Community & HOA

      Location
      • Region: Sagaponack

      Financial & listing details

      • Price per square foot: $1,640/sqft
      • Tax assessed value: $10,601,100
      • Date on market: 9/8/2025
      • Lease term: Contact For Details

        Estimated market value

        $18,526,400

        $17.60M - $19.45M

        $211,190/mo

        Price history

        DateEventPrice
        2/4/2026Sold$18,500,000-9.7%$1,480/sqft
        Source: Public Record Report a problem
        10/18/2025Pending sale$20,495,000$1,640/sqft
        Source: Out East #390906 Report a problem
        9/8/2025Listed for sale$20,495,000+70.9%$1,640/sqft
        Source: Out East #390906 Report a problem
        11/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/29/2023Price change$150,000-14.3%$12/sqft
        Source: Zillow Rentals Report a problem
        3/8/2023Price change$175,000+40%$14/sqft
        Source: Zillow Rentals Report a problem
        3/5/2023Listed for rent$125,000$10/sqft
        Source: Zillow Rentals Report a problem
        4/21/2021Listing removed--
        Source: Out East Report a problem
        12/11/2020Price change$11,995,000-14.3%$960/sqft
        Source: Sotheby's International Realty #46756 Report a problem
        10/31/2020Listed for sale$13,995,000+324.1%$1,120/sqft
        Source: Sotheby's International Realty #46756 Report a problem
        11/8/2010Sold$3,300,000$264/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $10,601,100
        2024-- $10,601,100
        2023-- $10,601,100 -9.7%
        2022-- $11,733,600 -4.6%
        2021-- $12,296,200
        2020-- $12,296,200
        2019-- $12,296,200 -0.2%
        2018-- $12,322,800
        2017$24,701 $12,322,800 +7.2%
        2016-- $11,494,500
        2015-- $11,494,500
        2014-- $11,494,500
        2013-- $11,494,500 +36.9%
        2012-- $8,397,300 +114.9%
        2011-- $3,906,800 +10%
        2007$7,517 $3,551,700
        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

        3 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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