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114 Newlight Ln, Water Mill, NY, 11976

3beds
3baths
2,500sqft
$7,750,000
$3,100price/sqft
$42,826/moest. monthly cost
$1,713,040/yrincome needed

About This Home

Located in coveted Bridgehampton South of the Highway, this delightful, bright, and airy Post-modern home is on 1 acre of beautifully manicured property with a 20' x 40' heated pool and a fully screened-in porch that overlooks the pool and a spacious backyard. Being sold totally furnished as seen, with a fully equipped kitchen, all linens, and much more. Featuring three bedrooms, two and a half baths, and a fabulous great room with high ceilings and floor-to-ceiling windows, bringing in beautiful sunlight every day. Make this your home away from home. Just bring your PJ's and move right into this fully furnished and equipped home. From the master suite, on the second floor / walk outside to your balcony overlooking your beautiful backyard. The second floor also has a bright, airy office that overlooks the first floor. The master suite has a large bathroom with both a shower and a tub, and a large balcony overlooking the yard.. The first floor has 2 good-sized bedrooms (sharing a large bathroom). The full basement has a laundry area and exercise equipment, with plenty of room to finish this lower level, if desired.All of this -- just moments from beautiful ocean beaches, fine dining, and the endless allure of Hamptons living. Come experience the poetry of this location and let this be your forever summer home.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
Southampton High SchoolGrades 9-123.5 mi
6/10

Construction

Condition

  • Year built: 2000

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Property

Details

  • Parcel number: 0900084000100035031

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated

Lot

  • Lot size: 1 Acres

Parking

  • Parking features: None

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

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

How This Home’s Risks Compare

Inland Flooding
Coastal Flooding
Hurricane
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 $39,188$470,256
Home Insurance *$3,006$36,072
Property Taxes $219$2,628
Electricity $413$4,957
Total$42,826$513,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,468,320/yr
40% on housing$1,284,780/yr
45% on housing$1,142,026/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

$3,100This listing

vs Other Active Listings

Avg $/sqft

ZIP 11976$1,996
Suffolk County$723

vs Homes Sold Last Month

Median $/sqft

ZIP 11976$1,141
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
2026-04-11Listed for sale$7,995,000
2015-08-14Listing removed$65,000
2015-06-06Listed for rent$65,000

For Sale by Agent

AgentLynda Ireland - Associate Real Estate Broker
BrokerageDouglas Elliman Real Estate

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