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For sale
  • $4,995,000

    532 Blank Ln, Water Mill, NY 11976

    4beds
    5,228sqft
    Loading
    Single Family Residence
    Built in 2001
    1.5 Acres Lot
    $4,797,000 Zestimate®
    $955/sqft
    $-- HOA

    What's special

    Recently resurfaced poolSun-soaked backyard oasisDedicated home officeTop-of-the-line finishesExpansive bluestone patioStainless steel appliancesEvery modern comfort
    Welcome to 532 Blank Lane—an elegant and fully renovated retreat nestled in the heart of Water Mill. Set on 1.5 acres of lush, wooded grounds, this timeless shingle-style home offers 3,500 square feet above grade, plus 1,781 sq. ft. finished lower level designed for entertaining and relaxation.Fully reimagined in 2023, the home underwent a complete transformation—new roof, wiring, insulation, electric, plumbing, kitchen, bathrooms, and more—blending classic architecture with today's modern finishes. Natural light pours in through oversized windows and vaulted ceilings, illuminating crisp interiors and wide-open living spaces. Two original wood-burning fireplaces anchor the main-level living and family rooms with warmth and character.The open-concept kitchen features quartz waterfall counters, custom cabinetry, stainless steel appliances, and a seamless flow into the dining area and vaulted great room—perfect for both intimate dinners and lively gatherings.With four bedrooms in total—two on the main level and two upstairs with a bonus room—and 2 full baths on the second floor plus a full and half bath on the main level, the layout is ideal for both privacy and comfort. A dedicated home office offers flexibility for remote work or quiet study.Downstairs, the finished lower level expands the footprint of the home, featuring a spacious entertainment lounge and a fully equipped movie theater—an unbeatable amenity for cozy nights and summer screenings alike.Step outside to your sun-soaked backyard oasis, where a recently resurfaced pool (just five years ago) sits surrounded by an expansive bluestone patio. Whether hosting guests, lounging poolside, or enjoying serene evenings under the stars, this private setting delivers the full Hamptons lifestyle.Move-in ready with a newer roof (2023), top-of-the-line finishes, and every modern comfort—532 Blank Lane is a rare Water Mill opportunity that combines scale, style, and soul.
    101 days
    |
    370
    |
    15
    |

    Zillow last checked:

    Listed by:

    Nest Seekers International 631-312-7933,

    Patrick Giugliano - Real Estate Sales Person 631-312-7933

    Source: Out East,MLS#: 394886

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Laundry, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 5,228
      • Total interior livable area: 5,228 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Stories: 2
      • Has private pool: Yes
      • Pool features: Heated
      Lot
      • Size: 1.5 Acres
      Details
      • Parcel number: 0900065000200012002

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2001

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $955/sqft
      • Tax assessed value: $2,020,500
      • Date on market: 4/14/2026
      • Lease term: Contact For Details

        Estimated market value

        $4,797,000

        $4.56M - $5.04M

        $7,883/mo

        Price history

        DateEventPrice
        4/14/2026Listed for sale$4,995,000$955/sqft
        Source: Out East #394886 Report a problem
        11/17/2025Listing removed$4,995,000$955/sqft
        Source: Out East #390811 Report a problem
        10/9/2025Price change$4,995,000-4.9%$955/sqft
        Source: OneKey® MLS as distributed by MLS GRID #908147 Report a problem
        9/4/2025Listed for sale$5,250,000+162.5%$1,004/sqft
        Source: OneKey® MLS as distributed by MLS GRID #908147 Report a problem
        1/26/2024Listing removed--
        Source: Zillow Rentals Report a problem
        9/22/2023Listed for rent$75,000$14/sqft
        Source: Zillow Rentals Report a problem
        5/7/2022Listing removed--
        Source: Out East Report a problem
        9/28/2020Price change$75,000+36.4%$14/sqft
        Source: Bridgehampton #110582 Report a problem
        2/14/2020Price change$55,000+73.7%$11/sqft
        Source: Bridgehampton #110582 Report a problem
        12/11/2019Listed for rent$31,666-9.5%$6/sqft
        Source: Southampton #63418 Report a problem
        9/25/2019Listing removed$35,000$7/sqft
        Source: Bridgehampton #110582 Report a problem
        8/1/2019Listed for rent$35,000-66.7%$7/sqft
        Source: Bridgehampton #110582 Report a problem
        6/20/2019Listing removed$105,000$20/sqft
        Source: The Corcoran Group #90098 Report a problem
        6/14/2019Listed for rent$105,000$20/sqft
        Source: The Corcoran Group #90098 Report a problem
        5/9/2019Listing removed$105,000$20/sqft
        Source: The Corcoran Group #90098 Report a problem
        1/23/2019Listed for rent$105,000-12.5%$20/sqft
        Source: Douglas Elliman #H110582 Report a problem
        5/20/2016Listing removed$120,000$23/sqft
        Source: Coldwell Banker Beau Hulse Realty Group #63054 Report a problem
        1/8/2016Listed for rent$120,000+33.3%$23/sqft
        Source: Coldwell Banker Beau Hulse Realty Group #63054 Report a problem
        8/6/2015Listing removed$90,000-25%$17/sqft
        Source: Douglas Elliman Real Estate #2762779 Report a problem
        5/14/2015Listed for rent$120,000$23/sqft
        Source: Douglas Elliman Real Estate #2762779 Report a problem
        2/26/2015Sold$2,000,000-20%$383/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L2710313 Report a problem
        11/12/2014Listing removed$2,500,000$478/sqft
        Source: Daniel Gale Sotheby's International Realty #2710313 Report a problem
        10/1/2014Listed for sale$2,500,000+153.8%$478/sqft
        Source: Daniel Gale Agency Inc #2710313 Report a problem
        6/26/2001Sold$985,000+347.7%$188/sqft
        Source: Public Record Report a problem
        7/5/2000Sold$220,000$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $2,020,500
        2024-- $2,020,500
        2023-- $2,020,500
        2022-- $2,020,500
        2021-- $2,020,500
        2020-- $2,020,500
        2019-- $2,020,500 +3.5%
        2018-- $1,951,300
        2017$8,225 $1,951,300
        2016-- $1,951,300 +10.5%
        2015-- $1,765,800
        2014-- $1,765,800 -10.6%
        2013-- $1,976,000
        2012-- $1,976,000
        2011-- $1,976,000
        2010-- $1,976,000
        2009-- $1,976,000 +11.9%
        2008-- $1,765,800
        2007$7,300 -21.9%$1,765,800 -0.6%
        2005$9,352 +0.9%$1,776,500 +6753.8%
        2004$9,272 +5.1%$25,920
        2003$8,823 +48.5%$25,920 +44.2%
        2002$5,943 $17,972
        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: 11976

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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