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60 Two Holes Water Rd, East Hampton, NY, 11937

8beds
13baths
12,000sqft
$8,995,000
$750price/sqft
$63,198/moest. monthly cost
$2,527,920/yrincome needed

About This Home

Just completed in East Hampton's Village Fringe, this newly built estate represents a rare convergence of architectural refinement, modern comfort, and three acres of curated natural beauty. Masterfully crafted and clad in classic cedar shake, the two-story traditional residence delivers nearly 12,000 +/- sq. ft. across three levels, with 8 bedrooms, 10 full and 3 half baths, and an amenity suite designed for elevated year-round living. Privately sited at the end of a long drive, the 3.1 +/- acre grounds unfold with a north-south orientation and a level of landscape architecture typically reserved for premier resort properties. Mature perimeter hedging, specimen trees, curated understory plantings, and gently bending pathways establish a sense of seclusion from the moment of arrival. Inside, a double-height foyer sets the tone for the home's scale and craftsmanship - soaring ceilings, custom millwork, and finely executed architectural details at every turn. The first floor is anchored by a grand living room with an oversized fireplace and French doors that open wide to outdoor entertaining spaces, along with connectivity to the spacious dining area. At the heart of the open main level is a beautifully appointed chef's kitchen, offering custom cabinetry, a substantial center island, professional-grade appliances, a breakfast area with sweeping views, and an adjacent service kitchen providing direct access to the outdoor kitchen with bar seating. Additional first-floor spaces include a junior primary suite, private study/office, library, wine pantry, powder room, mudroom, and full laundry room. Upstairs, the primary suite stands in its own wing - complete with a fireplace, expansive dressing room, spa-quality bath, and private terrace with access to a roof deck. Four additional secondary suites are bright and thoughtfully scaled, each with walk-in closets or ensuite baths. Connected via breezeway, a large bonus space above the three-car garage functions perfectly as an additional office, studio or lounge. The finished lower level presents an unmatched amenity collection: a state-of-the-art glass-enclosed gym with attached sauna and steam, movie theatre, recreation lounge with bar, indoor golf simulator, safe room, and multiple storage and mechanical rooms - all designed for easy everyday living and effortless entertaining. Outdoors, the estate reveals some of its most compelling features. The 16' x 50' gunite pool and detached 6' x 9' spa command the center of the landscape, surrounded by generous stone patios for lounging and dining. Beyond the pool, the meticulously designed grounds feature formal evergreens, lighting throughout, integrated pathways, and the rare luxury of a tennis court positioned discreetly within the property's landscaped envelope - an extraordinary amenity for a Village Fringe location. The offering is completed by the home's 21st-century infrastructure, including automated lighting controls, advanced HVAC and insulation systems, and high-end technology throughout. With East Hampton Village, ocean beaches, farm stands, restaurants, and boutique retail all minutes away, this newly constructed estate sets a standard for turnkey luxury living in one of the region's most sought after locations.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
7/10
East Hampton High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 13
  • Full bathrooms: 10
  • 1/2 bathrooms: 3

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 12,000
  • Total interior livable area: 12,000 sqft

Property

Details

  • Parcel number: 0300134000100013003

Features

  • Stories: 2
  • Private pool: Yes
  • Exterior features: Tennis Court(s)
  • Has spa: Yes
  • Spa features: Heated

Lot

  • Lot size: 3.10 Acres

Parking

  • Parking features: GarageAttached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $45,483$545,796
Home Insurance *$3,589$43,068
Property Taxes $12,143$145,716
Electricity $1,983$23,797
Total$63,198$758,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,166,788/yr
40% on housing$1,895,940/yr
45% on housing$1,685,280/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$750This listing

vs Other Active Listings

Avg $/sqft

ZIP 11937$1,342
Suffolk County$724

vs Homes Sold Last Month

Median $/sqft

ZIP 11937$877
Suffolk County$412

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Price change$9,950,000
2026-02-10Price change$10,995,000
2025-11-28Listed for sale$11,995,000
2022-04-04Sold$1,400,000
2020-01-18Listing removed$1,595,000
2019-09-20Listed for sale$1,595,000
2019-04-10Listing removed$4,285,000
2017-03-27Price change$4,285,000
2015-03-07Listed for sale$1,595,000
2003-08-29Sold$950,000

New Construction

AgentHedgerow Exclusive Properties - Real Estate Sales Person
BrokerageHedgerow Exclusive Properties

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