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7 Lee Ln, Wainscott, NY, 11975

7beds
8baths
7,366sqft
$7,995,000
$1,085price/sqft
$58,874/moest. monthly cost
$2,354,960/yrincome needed

About This Home

Ready for immediate occupancy and fully furnished. Stunning new construction from renowned Hamptons Paramount Development Group, South of the Highway in Wainscott. Sited on a flag lot off the end of a cul-de-sac and surrounded by scenic easement, this brand-new home has 7,366 +/- sq. ft. of living space on 3 levels with 7 bedrooms, 7.5 baths, an attached 2-car garage, and heated saltwater pool with an optional pool house. Seamless luxury inside and out is woven together for enviable entertaining and everyday, effortless comfort. Interiors are bright and inviting, filled with natural light throughout the contemporary open-concept floorplan. The elevated primary suite has its own private balcony and a luxe bath. Additional bedrooms are spacious and comfortable, sure to impress your friends and guests. Ready for everyday luxury living, the finished lower level includes a home gym, 2 bedrooms, a full bath, a recreation room, and sauna. Easy indoor-outdoor living awaits as you dine al fresco in the backyard with an outdoor kitchen, lounge in the sun by the 20'x40' heated, saltwater pool and wash off after a day at the beach. Positioned perfectly just off the iconic Georgica Pond and surrounding estates, plus the world-class ocean beaches and the countless charms of Wainscott Village.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
Wainscott SchoolGrades K-30.8 mi
5/10
Bridgehampton SchoolGrades PK-122.3 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: 7
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 7,366
  • Total interior livable area: 7,366 sqft

Property

Details

  • Parcel number: 0300197000300007004

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated
  • Has spa: Yes
  • Spa features: Heated

Lot

  • Lot size: 1.30 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

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

How This Home’s Risks Compare

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 $40,427$485,124
Home Insurance *$6,437$77,244
Property Taxes $10,793$129,516
Electricity $1,217$14,607
Total$58,874$706,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,018,537/yr
40% on housing$1,766,220/yr
45% on housing$1,569,973/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

$1,085This listing

vs Other Active Listings

Avg $/sqft

ZIP 11975$1,753
Suffolk County$723

vs Homes Sold Last Month

Median $/sqft

ZIP 11975$1,600
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
2026-01-06Price change$7,995,000
2025-05-21Listed for sale$8,875,000
2025-04-14Listing removed$8,795,000
2024-08-01Price change$8,795,000
2024-05-13Listed for sale$8,495,000
2024-03-05Listing removed$8,495,000
2023-10-31Sold$2,250,000
2023-10-25Listed for sale$8,495,000
2023-09-29Listing removed--
2023-05-09Pending sale$2,575,000
2023-02-04Price change$2,575,000
2022-10-22Listed for sale$2,999,000
2021-05-10Listing removed--
2020-11-03Listed for sale$2,850,000

New Construction

AgentVincent Horcasitas - Associate Real Estate Broker
BrokerageSaunders & Associates

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