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.
For sale
Price cut: $245K (8/24)
$4,650,000
532 Blank Ln, Water Mill, NY 11976
4beds
5,228sqft
Single Family Residence
Built in 2001
1.5 Acres Lot
$4,524,500 Zestimate®
$889/sqft
$-- HOA
What's special
Recently resurfaced poolSun-soaked backyard oasisDedicated home officeTop-of-the-line finishesExpansive bluestone patioStainless steel appliancesEvery modern comfort
- 149 days
- 721
- 28
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: $889/sqft
- Tax assessed value: $2,020,500
- Date on market: 4/14/2026
- Lease term: Contact For Details
Estimated market value
$4,524,500
$4.30M - $4.75M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $4,650,000-5%$889/sqft |
Source: Out East #394886 Report a problem | ||
| 8/10/2026 | Price change | $4,895,000-2%$936/sqft |
Source: Out East #394886 Report a problem | ||
| 4/14/2026 | Listed for sale | $4,995,000$955/sqft |
Source: Out East #394886 Report a problem | ||
| 11/17/2025 | Listing removed | $4,995,000$955/sqft |
Source: Out East #390811 Report a problem | ||
| 10/9/2025 | Price change | $4,995,000-4.9%$955/sqft |
Source: | ||
| 9/4/2025 | Listed for sale | $5,250,000+162.5%$1,004/sqft |
Source: | ||
| 1/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/22/2023 | Listed for rent | $75,000$14/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/7/2022 | Listing removed | -- |
Source: Out East Report a problem | ||
| 9/28/2020 | Price change | $75,000+36.4%$14/sqft |
Source: Bridgehampton #110582 Report a problem | ||
| 2/14/2020 | Price change | $55,000+73.7%$11/sqft |
Source: Bridgehampton #110582 Report a problem | ||
| 12/11/2019 | Listed for rent | $31,666-9.5%$6/sqft |
Source: Southampton #63418 Report a problem | ||
| 9/25/2019 | Listing removed | $35,000$7/sqft |
Source: Bridgehampton #110582 Report a problem | ||
| 8/1/2019 | Listed for rent | $35,000-66.7%$7/sqft |
Source: Bridgehampton #110582 Report a problem | ||
| 6/20/2019 | Listing removed | $105,000$20/sqft |
Source: The Corcoran Group #90098 Report a problem | ||
| 6/14/2019 | Listed for rent | $105,000$20/sqft |
Source: The Corcoran Group #90098 Report a problem | ||
| 5/9/2019 | Listing removed | $105,000$20/sqft |
Source: The Corcoran Group #90098 Report a problem | ||
| 1/23/2019 | Listed for rent | $105,000-12.5%$20/sqft |
Source: Douglas Elliman #H110582 Report a problem | ||
| 5/20/2016 | Listing removed | $120,000$23/sqft |
Source: Coldwell Banker Beau Hulse Realty Group #63054 Report a problem | ||
| 1/8/2016 | Listed for rent | $120,000+33.3%$23/sqft |
Source: Coldwell Banker Beau Hulse Realty Group #63054 Report a problem | ||
| 8/6/2015 | Listing removed | $90,000-25%$17/sqft |
Source: Douglas Elliman Real Estate #2762779 Report a problem | ||
| 5/14/2015 | Listed for rent | $120,000$23/sqft |
Source: Douglas Elliman Real Estate #2762779 Report a problem | ||
| 2/26/2015 | Sold | $2,000,000-20%$383/sqft |
Source: | ||
| 11/12/2014 | Listing removed | $2,500,000$478/sqft |
Source: Daniel Gale Sotheby's International Realty #2710313 Report a problem | ||
| 10/1/2014 | Listed for sale | $2,500,000+153.8%$478/sqft |
Source: Daniel Gale Agency Inc #2710313 Report a problem | ||
| 6/26/2001 | Sold | $985,000+347.7%$188/sqft |
Source: Public Record Report a problem | ||
| 7/5/2000 | Sold | $220,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




