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For sale
  • Price cut: $17M (6/30)
    $82,500,000

    70 & 71 Cobb Ln, Water Mill, NY 11976

    24beds
    45,000sqft
    Loading
    Single Family Residence
    Built in ----
    21 Acres Lot
    $-- Zestimate®
    $1,833/sqft
    $-- HOA

    What's special

    Waterfront propertyTennis courtCommercial kitchenIndoor swimming poolHeated pool and spaPrivate dockHalf court basketball
    Presenting a once-in-a-lifetime opportunity, 70 & 71 Cobb Lane are now available together for the first time. Set on a private peninsula in Water Mill South, this extremely rare generational compound spans over 21 total acres. With 24 bedrooms and 38 bathrooms spread across two magnificent residences, the unique multi-parcel offering represents true opulent living. Meticulously designed by renowned architect Barnes Coy Architects, the waterfront property encompasses a 17,173 +/- sq. ft. house with 13 bedrooms and a plethora of amenities including a tennis court, saltwater gunite pool and spa, and a two-level pool house with a commercial kitchen, gym, sauna, and pool-side deck. Located on the inland portion of the compound, the secondary property is comprised of a 28,000 +/- sq. ft. residence along with a heated pool and spa, pool house with pergola and moat, courtyard with fire pit, and multiple lounging/dining areas. Designed for entertainment, the second home features extensive interior amenities including a 14-seat movie theatre, 2-lane bowling alley, half court basketball, professional gym, 350 bottle wine cellar, spa with sauna and steam room, indoor swimming pool, and a game room with billiards, 750 gallon shark tank, wet bar, and arcade. Showcasing over 3,100 feet of private shoreline on Burnett Creek, the compound offers access to Mecox Bay via a private dock. With a perfect marriage of architectural splendor and natural beauty, this extraordinary piece of Hamptons' history presents an unrivaled program with a picturesque south of the highway setting amidst a backdrop of bay views.
    745 days
    |
    10,067
    |
    490
    |

    Zillow last checked:

    Listed by:

    Hedgerow Exclusive Properties 631-296-8543,

    Hedgerow Exclusive Properties - Real Estate Sales Person 631-296-8543

    Source: Out East,MLS#: 380032

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 24
      • Bathrooms: 38
      • Full bathrooms: 27
      • 1/2 bathrooms: 11
      Rooms
      • Room types: Family Room, Laundry, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 45,000
      • Total interior livable area: 45,000 sqft

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Heated
      Lot
      • Size: 21 Acres

      Construction

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

      Community & HOA

      Location
      • Region: Water Mill

      Financial & listing details

      • Price per square foot: $1,833/sqft
      • Date on market: 7/17/2024
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,320/mo

        Price history

        DateEventPrice
        6/30/2026Price change$82,500,000-17.1%$1,833/sqft
        Source: Out East #380032 Report a problem
        3/28/2024Listed for sale$99,500,000$2,211/sqft
        Source: Out East #380032 Report a problem

        Public tax history

        Tax history is unavailable.

        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

        2 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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