An extraordinary, unparalleled opportunity to possess the trifecta water vision of bay, pond and ocean. This is truly a treasured trophy. Set South of the Highway on nearly three pristine acres in Water Mill, 975 Flying Point Road offers an unbelievable new construction opportunity. With 415' of water frontage, sweeping pond, bay, and ocean views, dock rights, and a coveted Flying Point setting, this is a true Hamptons legacy offering - where an iconic modern estate can be realized on one of the East End's most exceptional waterfront parcels. Designed by Kimmel Studio Architects, the envisioned estate is a bold yet refined contemporary statement spanning nearly 20,000 SF across three levels, complemented by an additional 3,500 +/- SF rooftop terrace with a pickleball court. Walls of glass, soaring ceiling heights, and open sightlines are conceived to keep the water and sky present throughout, while a dramatic sculptural stair and elevator connect the home's living levels. The main floor is planned for grand-scale entertaining, with expansive living spaces flowing to a waterfront terrace and resort-style pool setting, supported by a professional-grade kitchen with prep kitchen and butler's pantry. Multiple lounges and flexible gathering spaces create an ideal balance of drama and comfort. The upper level is dedicated to luxurious accommodations, highlighted by a primary suite designed for privacy and panoramic water views, along with additional guest suites thoughtfully positioned throughout. Crowning the home, the rooftop is planned as an exceptional outdoor destination, featuring a pickleball court, outdoor kitchen, and sweeping vistas - an unforgettable stage for sunset gatherings and summer celebrations. A full lower level offers substantial flexibility, including garage parking, storage, and the opportunity to incorporate additional recreation or wellness amenities. Thoughtfully imagined to maximize waterfront exposure while preserving privacy, this is a rare chance to create your generational estate in the Hamptons, in a premier location with a clear architectural vision already in place. Pricing reflects the land offering with the completed construction of the home in accordance with the attached plans and applicable approvals. Also listed as land with permits in place to BUILD TODAY.
Sold for $7,610,000
$7,610,000
975 Flying Point Rd, Water Mill, NY 11976
9beds
19,460sqft
Single Family Residence
Built in 2026
2.91 Acres Lot
$13,947,400 Zestimate®
$391/sqft
$6,136 Estimated rent
Home value
$13,947,400
$13.25M - $14.64M
$6,136/mo
Zestimate® history
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List your homeWhat's special
Waterfront terraceWaterfront parcelsOpen sightlinesDock rightsResort-style pool settingExpansive living spacesDramatic sculptural stair
Zillow last checked:
Source: Out East,MLS#: 393374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 10
- Full bathrooms: 8
- 1/2 bathrooms: 2
Rooms
- Room types: Family Room, Laundry, Library, Office
Cooling
- Central Air
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 19,460
- Total interior livable area: 19,460 sqft
Property
Parking
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Stories: 3
- Has private pool: Yes
- Pool features: Heated
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Size: 2.91 Acres
Details
- Parcel number: 0900178000100017042
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Community & HOA
Location
- Region: Water Mill
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $4,665,800
- Date on market: 2/6/2026
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listing removed | $34,700,000$1,783/sqft |
Source: Out East #393374 Report a problem | ||
| 2/6/2026 | Listed for sale | $34,700,000+356%$1,783/sqft |
Source: Out East #393374 Report a problem | ||
| 4/12/2024 | Sold | $7,610,000-75.4%$391/sqft |
Source: Public Record Report a problem | ||
| 6/7/2023 | Listing removed | -- |
Source: Out East Report a problem | ||
| 4/13/2023 | Price change | $30,900,000+186.2%$1,588/sqft |
Source: Out East #369578 Report a problem | ||
| 1/19/2023 | Price change | $10,795,000-65.1%$555/sqft |
Source: Out East #369645 Report a problem | ||
| 10/21/2022 | Listed for sale | $30,900,000+215.3%$1,588/sqft |
Source: Out East #369578 Report a problem | ||
| 3/30/2020 | Listing removed | $9,800,000$504/sqft |
Source: Corcoran - EE Southampton #873 Report a problem | ||
| 8/6/2017 | Price change | $9,800,000-6.7%$504/sqft |
Source: Corcoran Group #873 Report a problem | ||
| 3/27/2016 | Listed for sale | $10,500,000-0.9%$540/sqft |
Source: The Corcoran Group #873 Report a problem | ||
| 2/12/2016 | Sold | $10,600,000$545/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $4,665,800 -52.3% |
| 2024 | -- | $9,776,600 |
| 2023 | -- | $9,776,600 |
| 2022 | -- | $9,776,600 |
| 2021 | -- | $9,776,600 |
| 2020 | -- | $9,776,600 |
| 2019 | -- | $9,776,600 |
| 2018 | -- | $9,776,600 |
| 2017 | $20,741 | $9,776,600 +91.2% |
| 2016 | -- | $5,113,900 +30.8% |
| 2015 | -- | $3,910,600 |
| 2014 | -- | $3,910,600 |
| 2013 | -- | $3,910,600 |
| 2012 | -- | $3,910,600 |
| 2011 | -- | $3,910,600 +25% |
| 2007 | $13,728 | $3,128,500 |
Find assessor info on the county website
Neighborhood: 11976
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Nearby schools
GreatSchools rating
- 6/10Southampton Intermediate SchoolGrades: 5-8Distance: 1.9 mi
- 7/10Southampton High SchoolGrades: 9-12Distance: 1.8 mi
- 5/10Southampton Elementary SchoolGrades: PK-4Distance: 2.3 mi
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Estimated market value
$13,947,400
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
$13,947,400
- New York
- Suffolk County
- Water Mill
- 11976
- 975 Flying Point Rd