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For sale
  • $12,495,000

    54 Cobb Isle Rd, Water Mill, NY 11976

    6beds
    7,300sqft
    Loading
    Single Family Residence
    Built in 2003
    1.3 Acres Lot
    $11,946,600 Zestimate®
    $1,712/sqft
    $-- HOA

    What's special

    Waterfront settingExpansive walls of glassClimate-controlled three-car garageIntegrated soundExceptionally private propertyArchitectural lightingSix ensuite bedrooms
    Nestled on one of Water Mill's most coveted waterfront settings, 54 Cobb Isle Road pairs the effortless elegance of a private European seaside retreat with the exceptional comfort of modern Hamptons luxury. Positioned south across Mecox Bay toward the Atlantic Ocean, the estate enjoys an ever-changing panorama of water, sky, and light, with breathtaking views from nearly every room. Located south of the highway and approached by a long, gated drive, the exceptionally private property spans 1.3 +/- beautifully landscaped acres with approximately 325 feet of direct waterfront. Masterfully designed by architect John Himmelsbach, the approximately 7,000-square-foot residence offers six ensuite bedrooms, nine full baths, two beautifully appointed kitchens, and a climate-controlled three-car garage. A dramatic foyer introduces interiors distinguished by French limestone, Venetian plaster, a gracefully curved staircase, and a striking floor-to-ceiling limestone fireplace. Designed for effortless transitions the open floor plan and expansive walls of glass keep the waterfront in constant view, while generous living and dining spaces flow onto terraces overlooking the bay. Two premium kitchens support both everyday living and grand entertaining, with the first-level kitchen opening to the pool terrace for seamless outdoor gatherings. The primary suite is a private sanctuary featuring two sitting rooms, dual fireplaces, a private gym, and a luxurious spa bath. Five additional ensuite bedrooms provide inviting accommodations for family and guests, each reflecting the home's attention to craftsmanship, comfort, and its extraordinary surroundings. Outside, the grounds evoke a secluded waterfront resort. A 20-by-40-foot heated Gunite pool finished in shimmering Murano glass tile is surrounded by more than 1,500 square feet of limestone terracing. Lush gardens, mature specimen plantings, architectural lighting, integrated sound, and an outdoor shower complete a setting equally suited to lively entertaining and quiet afternoons by the water. Deeded dock access adds another dimension to life on Mecox Bay, offering opportunities for boating, kayaking, and paddleboarding. The estate's grandfathered zoning features further distinguish its relationship to the shoreline, contributing to a waterfront setting that would be difficult to recreate today. Peaceful seclusion comes with convenient proximity to the best of the area: Southampton's Main Street is approximately 2.6 miles away, and Flying Point Beach is approximately 1.6 miles from the property. With its remarkable water frontage, refined architecture, and established resort-style amenities, 54 Cobb Isle Road offers the opportunity to enjoy an exceptional Hamptons estate today, without the years required to permit and build anew-a place where legacy, lifestyle, and location converge.
    19 days
    671
    44

    Zillow last checked:

    Listed by:

    Corcoran Group,

    James Peyton - Real Estate Sales Person 917-882-5589

    Source: Out East,MLS#: 398285

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 9
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 7,300
      • Total interior livable area: 7,300 sqft

      Property

      Parking
      • Parking features: GarageDetached
      • Has garage: Yes
      Features
      • Stories: 2
      • Has private pool: Yes
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 1.3 Acres
      Details
      • Parcel number: 0900160000300011002

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2003

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $1,712/sqft
      • Tax assessed value: $5,902,000
      • Date on market: 10/16/2026
      • Lease term: Contact For Details

        Estimated market value

        $11,946,600

        $11.35M - $12.54M

        Not available

        Price history

        DateEventPrice
        10/16/2026Listed for sale$12,495,000$1,712/sqft
        Source: Out East #398285 Report a problem
        10/13/2026Listing removed$12,495,000$1,712/sqft
        Source: Out East #396858 Report a problem
        7/23/2026Listed for sale$12,495,000-3.8%$1,712/sqft
        Source: Out East #396858 Report a problem
        7/22/2026Listing removed$12,995,000$1,780/sqft
        Source: Out East #391900 Report a problem
        1/29/2026Price change$12,995,000-3.7%$1,780/sqft
        Source: Out East #391900 Report a problem
        11/6/2025Listed for sale$13,495,000$1,849/sqft
        Source: Out East #391900 Report a problem
        10/28/2025Listing removed$13,495,000$1,849/sqft
        Source: Out East #388385 Report a problem
        5/3/2025Listed for sale$13,495,000-3.6%$1,849/sqft
        Source: Out East #388385 Report a problem
        4/18/2025Listing removed$13,995,000$1,917/sqft
        Source: Out East #375123 Report a problem
        5/16/2024Price change$13,995,000-6.4%$1,917/sqft
        Source: Out East #375123 Report a problem
        4/22/2024Listed for sale$14,950,000-3.5%$2,048/sqft
        Source: Out East #375123 Report a problem
        10/16/2023Price change$15,495,000-8.6%$2,123/sqft
        Source: Out East #375123 Report a problem
        7/7/2023Listed for sale$16,950,000-3.1%$2,322/sqft
        Source: Out East #375123 Report a problem
        5/17/2023Listing removed--
        Source: Out East Report a problem
        11/16/2022Price change$17,500,000-5.4%$2,397/sqft
        Source: Out East #366570 Report a problem
        6/1/2022Listed for sale$18,500,000$2,534/sqft
        Source: Out East #366570 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $5,902,000
        2024-- $5,902,000
        2023-- $5,902,000
        2022-- $5,902,000
        2021-- $5,902,000
        2020-- $5,902,000
        2019-- $5,902,000 +1.4%
        2018-- $5,818,700
        2017$26,430 $5,818,700
        2016-- $5,818,700
        2015-- $5,818,700
        2014-- $5,818,700
        2013-- $5,818,700
        2012-- $5,818,700
        2011-- $5,818,700
        2010-- $5,818,700 +7.8%
        2009-- $5,398,600
        2008-- $5,398,600
        2007$23,560 +19%$5,398,600 +52%
        2005$19,799 -0.1%$3,551,808 +6556.3%
        2004$19,817 +6.1%$53,360 +1.3%
        2003$18,677 +49.3%$52,688 +46.2%
        2002$12,506 $36,044
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11976

        Getting around

        2 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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