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Sold for $4,520,000
  • $4,520,000

    940 Deerfield Rd, Water Mill, NY 11976

    6beds
    3,400sqft
    SingleFamily
    Built in 2006
    0.92 Acres Lot
    $5,040,000 Zestimate®
    $1,329/sqft
    $7,954 Estimated rent

    Home value

    $5,040,000

    $4.28M - $6.05M

    $7,954/mo

    Zestimate® history
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    What's special

    First-floor guest suiteSix-bedroom five-bath layoutDramatic double-height great roomExpansive stone terracesSoaring stone fireplaceMarble-accented bathHand-hewn post-and-beam details
    Experience timeless Hamptons style at this exceptional Water Mill compound, set on a sun-filled acre and bordered by 80 acres of forever-preserved farmland. This property features a six-bedroom, five-bath layout across a main residence and separate guest house, each offering elevated modern living with authentic farmhouse character. The main house welcomes you with a dramatic double-height great room, anchored by a soaring stone fireplace and framed by hand-hewn post-and-beam details and wide-plank oak floors. The open layout flows seamlessly to an elegant dining area and a fully outfitted chef's kitchen with oak cabinetry and top-tier appliances. A first-floor guest suite and a cozy den with its own fireplace complete the main level. Upstairs, the vaulted primary suite includes a marble-accented bath, accompanied by two additional guest rooms and bath. The exterior offers expansive stone terraces with a heated 20' x 45' gunite pool, multiple lounging and dining areas, an outdoor shower, and rolling lawns that frame spectacular sunset vistas across the protected fields. The separate two-bedroom, two-bath guest house offers complete privacy with its own kitchen, fitness area, and an attached garage equipped with an electric vehicle charger. Perfectly located just moments from Water Mill, Southampton, and Bridgehampton, and gorgeous ocean beaches, this property delivers refined Hamptons living at its best.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals,MLS#: 392118

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Family Room, Office
    Heating
    • Central, Fireplace
    Cooling
    • Air Conditioner, Central Air
    Features
    • Has basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,400 sqft

    Property

    Parking
    • Parking features: Detached, Garage, Other
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Stories: 2
    • Has private pool: Yes
    • Pool features: Pool
    Lot
    • Size: 0.92 Acres
    Details
    • Additional structures: Garage(s)
    • Parcel number: 0900080000100003000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: SingleFamily
    Condition
    • Year built: 2006

    Community & HOA

    Community
    • Features: Pool
    HOA
    • Amenities included: Pool
    Location
    • Region: Water Mill

    Financial & listing details

    • Price per square foot: $1,329/sqft
    • Tax assessed value: $1,880,600
    • Date on market: 4/14/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/1/2026Listing removed$95,000$28/sqft
    Source: Zillow Rentals #392118 Report a problem
    7/1/2026Price change$95,000+26.7%$28/sqft
    Source: Zillow Rentals Report a problem
    6/1/2026Price change$75,000+200%$22/sqft
    Source: Zillow Rentals Report a problem
    5/1/2026Price change$25,000+25%$7/sqft
    Source: Zillow Rentals Report a problem
    11/20/2025Listed for rent$20,000-77.1%$6/sqft
    Source: Zillow Rentals Report a problem
    7/9/2025Sold$4,520,000-14.7%$1,329/sqft
    Source: Public Record Report a problem
    6/3/2025Pending sale$5,300,000$1,559/sqft
    Source: Out East #382952 Report a problem
    1/13/2025Price change$5,300,000-3.6%$1,559/sqft
    Source: Out East #382952 Report a problem
    7/24/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2024Listed for sale$5,500,000$1,618/sqft
    Source: Out East #382952 Report a problem
    6/11/2024Price change$87,500+34.6%$26/sqft
    Source: Zillow Rentals Report a problem
    4/15/2024Price change$65,000-9.3%$19/sqft
    Source: Zillow Rentals Report a problem
    4/3/2024Price change$71,666-4.4%$21/sqft
    Source: Zillow Rentals Report a problem
    3/5/2024Listed for rent$75,000+12.5%$22/sqft
    Source: Zillow Rentals Report a problem
    3/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/4/2023Listed for rent$66,666$20/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,880,600
    2024-- $1,880,600
    2023-- $1,880,600
    2022-- $1,880,600 +0.6%
    2021-- $1,869,200
    2020-- $1,869,200
    2019-- $1,869,200 +3.9%
    2018-- $1,798,400 +39.1%
    2017$5,704 $1,292,800
    2016-- $1,292,800 +6.9%
    2015-- $1,209,600
    2014-- $1,209,600
    2013-- $1,209,600 -23.3%
    2012-- $1,577,300
    2011-- $1,577,300 +3.8%
    2007$6,670 -1%$1,520,100 +26.7%
    2005$6,737 +83.5%$1,200,000 +12139.9%
    2004$3,672 +4.7%$9,804
    2003$3,508 +3.2%$9,804
    2002$3,398 $9,804
    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,040,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,040,000