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79 S Main St, Southampton, NY, 11968

6beds
5baths
0sqft
$6,900,000
--price/sqft
$48,506/moest. monthly cost
$1,940,240/yrincome needed

About This Home

Set along the storied shores of Lake Agawam, one of the most iconic and sought-after natural landmarks in Southampton Village, this rare offering presents a truly exceptional opportunity to create a custom waterfront estate in the heart of the Hamptons. Celebrated for its natural beauty, rich history, and its collection of distinguished waterfront homes, Lake Agawam remains one of the Village's most prestigious addresses—and opportunities of this caliber are exceedingly scarce. This remarkable one-acre parcel offers approximately 100 feet of direct lakefront, providing a serene setting to design and build your dream home with potential for approximately 7,000 square feet of lot coverage, creating a future residence of significant presence and scale.Facing west, the property captures some of the most exclusive and unforgettable sunsets over Lake Agawam, transforming the water and sky into a spectacular evening panorama—a hallmark of true Village waterfront living. The flag-lot configuration ensures remarkable peace, privacy, and protection, giving the future home a secluded environment while still offering the extraordinary convenience of being just moments from Main Street, world-class dining and shopping, cultural institutions, and the finest Southampton Village ocean beaches. With its prime location, privacy, and direct waterfront access, this offering stands as one of the last great opportunities to build on Lake Agawam, delivering unmatched potential to create a bespoke Hamptons residence in one of the most coveted enclaves in the region. A truly rare Village lakefront land opportunity—combining natural beauty, prestige, and limitless possibilities.Facing west, the property captures some of the most exclusive and unforgettable sunsets over Lake Agawam, transforming the water and sky into a spectacular evening panorama—a hallmark of true Village waterfront living. The flag-lot configuration ensures remarkable peace, privacy, and protection, giving the future home a secluded environment while still offering the extraordinary convenience of being just moments from Main Street, world-class dining and shopping, cultural institutions, and the finest Southampton Village ocean beaches. With its prime location, privacy, and direct waterfront access, this offering stands as one of the last great opportunities to build on Lake Agawam, delivering unmatched potential to create a bespoke Hamptons residence in one of the most coveted enclaves in the region. A truly rare Village lakefront land opportunity—combining natural beauty, prestige, and limitless possibilities.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
6/10
Southampton High SchoolGrades 9-121.0 mi

Construction

Type & Style

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

Interior

Basement

  • Basement: No

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0904015000200029002

Features

  • Private pool: Yes
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Frontage type: Waterfront

Parking

  • Parking features: GarageDetached
  • 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 $34,890$418,680
Home Insurance *$4,055$48,660
Property Taxes $9,315$111,780
Electricity $246$2,954
Total$48,506$582,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,663,062/yr
40% on housing$1,455,180/yr
45% on housing$1,293,493/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 11968$1,297
Suffolk County$722

vs Homes Sold Last Month

Median $/sqft

ZIP 11968$855
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)

No zestimate history available

Price History

DateEventPrice
2025-05-05Listed for sale$6,900,000
2024-12-30Listing removed$6,990,000
2024-05-29Price change$6,990,000
2022-07-01Listed for sale$7,495,000
2014-11-07Sold$3,900,000
2014-06-08Listing removed$4,500,000
2014-02-10Listed for sale$4,500,000

For Sale by Agent

AgentPaulina Keszler - Real Estate Sales Person
BrokerageSotheby's International Realty

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