Nestled at the end of Blank Lane in Water Mill, this property is surrounded by 56+/- acres of agricultural reserve land. The 7.4+/- acre parcel currently features 3+/- acres of cleared space and holds subdivision potential. The property is currently home to a meticulously maintained raised ranch, boasting approximately 3,300 sq. ft. of living space with 5 bedrooms, 4 full baths, and 1 half bath. Additionally, it includes an in-ground Gunite Pool and an All-Weather tennis court. The pond on the property is entirely man-made, and there are no wetlands present. This unique parcel presents endless possibilities for renovation, new construction, and even the potential to subdivide. Don't miss out on this truly exceptional opportunity!
Sold for $4,600,000
$4,600,000
536 Blank Ln, Water Mill, NY 11976
5beds
3,300sqft
Single Family Residence
Built in 2001
7.4 Acres Lot
$5,020,000 Zestimate®
$1,394/sqft
$7,694 Estimated rent
Home value
$5,020,000
$4.47M - $5.62M
$7,694/mo
Zestimate® history
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Source: Out East,MLS#: 377706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Family Room
Cooling
- Central Air
Features
- Has fireplace: Yes
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Stories: 2
- Exterior features: Tennis Court(s)
- Has private pool: Yes
Lot
- Size: 7.4 Acres
Details
- Parcel number: 0900065000200005004
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: $1,394/sqft
- Tax assessed value: $3,284,700
- Date on market: 7/17/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $4,600,000-7.1%$1,394/sqft |
Source: Public Record Report a problem | ||
| 10/1/2024 | Pending sale | $4,950,000$1,500/sqft |
Source: Out East #377706 Report a problem | ||
| 5/30/2024 | Price change | $4,950,000-10%$1,500/sqft |
Source: Out East #377706 Report a problem | ||
| 12/14/2023 | Price change | $5,500,000-12%$1,667/sqft |
Source: Out East #377706 Report a problem | ||
| 9/18/2023 | Price change | $6,250,000-7.4%$1,894/sqft |
Source:  Douglas Elliman #374659 Report a problem | ||
| 6/14/2023 | Listed for sale | $6,750,000$2,045/sqft |
Source: Douglas Elliman #374659 Report a problem | ||
| 3/30/2017 | Listing removed | $4,500$1/sqft |
Source: The Corcoran Group #67285 Report a problem | ||
| 3/3/2017 | Listed for rent | $4,500$1/sqft |
Source: The Corcoran Group #67285 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $3,284,700 |
| 2024 | -- | $3,284,700 |
| 2023 | -- | $3,284,700 |
| 2022 | -- | $3,284,700 |
| 2021 | -- | $3,284,700 |
| 2020 | -- | $3,284,700 |
| 2019 | -- | $3,284,700 +1% |
| 2018 | -- | $3,253,500 |
| 2017 | $14,314 | $3,253,500 |
| 2016 | -- | $3,253,500 |
| 2015 | -- | $3,253,500 |
| 2014 | -- | $3,253,500 |
| 2013 | -- | $3,253,500 |
| 2012 | -- | $3,253,500 |
| 2011 | -- | $3,253,500 +23.8% |
| 2007 | $11,376 +8.6% | $2,627,600 +39.2% |
| 2005 | $10,471 +38.6% | $1,888,000 +9151.3% |
| 2004 | $7,555 +7.2% | $20,408 +2.6% |
| 2003 | $7,045 +3.4% | $19,900 |
| 2002 | $6,812 | $19,900 |
Find assessor info on the county website
Neighborhood: 11976
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Nearby schools
GreatSchools rating
- 6/10Southampton Intermediate SchoolGrades: 5-8Distance: 3.7 mi
- 7/10Southampton High SchoolGrades: 9-12Distance: 3.7 mi
- 5/10Southampton Elementary SchoolGrades: PK-4Distance: 4.1 mi
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Estimated market value
$5,020,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,020,000
- New York
- Suffolk County
- Water Mill
- 11976
- 536 Blank Ln
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