2 W Water St #1B, Sag Harbor, NY, 11963
About This Home
Presenting a truly exceptional waterfront offering at 2 West Water Street, Residence B, this remarkable property spans approximately 11,723± sq. ft. of thoughtfully designed interior and exterior living space. Created by J. Bialsky Premier Design & Development in collaboration with award-winning Andre Kikoski Architect, this turnkey residence represents a sophisticated blend of innovative architecture, modern luxury, and effortless waterfront living in the heart of Sag Harbor. Arranged across four elevator-serviced levels, the home features a refined layout with eight beautifully appointed bedroom suites and expansive, light-filled living spaces designed to capture the surrounding harbor views. The entry level offers direct garage access and opens to a welcoming family room that connects seamlessly to a waterfront gym and a covered porch overlooking the dock, creating a tranquil indoor-outdoor lifestyle experience. The second level is dedicated to the serene waterfront primary suite, complete with a spa-inspired bath featuring a soaking tub, a private office, dual closets, and a waterside terrace designed for quiet mornings overlooking the harbor. At the heart of the residence, the third-level great room serves as the main gathering space, showcasing an open-concept kitchen, dining, and living area. Floor-to-ceiling openings lead to an expansive waterfront deck, perfectly positioned to take in sweeping views across Sag Harbor Cove and the village beyond. The rooftop terrace elevates the living experience further, featuring an outdoor kitchen, multiple seating and dining areas, and panoramic vistas in every direction. The generous rooftop footprint also allows for the potential addition of a plunge pool or spa, creating a private retreat above the water. The offering includes private beach access and immediate harbor entry, along with two individual boat slips accommodating vessels up to 50 feet, making this an exceptional opportunity for boating enthusiasts. Seamlessly combining the comfort of modern townhouse living with the rare privilege of direct waterfront access, Residence B stands as a distinctive and highly sought-after Hamptons offering.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2023
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace: Yes
Interior Area
- Total structure area: 11,700
- Total interior livable area: 11,700 sqft
Property
Details
- Parcel number: 0903002010500002000
Features
- Stories: 4
- Has spa: Yes
- Spa features: Heated
Lot
- Lot size: 8,712 sqft
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
- Hurricane
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Suffolk County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $78,376 | $940,512 |
| Home Insurance * | $6,799 | $81,588 |
| Property Taxes | $680 | $8,160 |
| Electricity | $1,933 | $23,202 |
| Total | $87,788 | $1,053,456 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-07 | Listed for sale | $17,900,000 |
| 2024-08-29 | Listing removed | $20,000,000 |
| 2024-07-03 | Listed for sale | $20,000,000 |
New Construction
View on Zillow