172 Mill Pond Ln, Water Mill, NY, 11976
About This Home
Move into a world of tranquility and elegance at the stunning Mill Pond property, nestled in the picturesque hamlet of Water Mill. Just moments away from the vibrant Southampton and Bridgehampton Villages and the pristine shores of Flying Point Ocean Beach, this extraordinary residence is a sanctuary for the senses, offering breathtaking sunsets and serene vistas that will leave you spellbound. Meticulously redesigned and renovated, this modern masterpiece spans over 3,500 sq. ft. and boasts four generous bedrooms and four and a half luxurious baths. As you enter, you'll be captivated by the grand living space featuring soaring 11-foot ceilings and an open-concept layout that perfectly aligns with today's lifestyle, allowing for seamless interaction and effortless entertaining. A magnificent wall of glass stretches across the rear of the home, flooding the interiors with natural light and framing the spectacular water views that make this property truly unique. The custom chef's kitchen and elegant dining area, adorned with exquisite finishes, are a dream come true for culinary enthusiasts and socialites alike. Ascend to the second floor, where 10-foot ceilings enhance the airy ambiance. The master suite is a personal oasis with unobstructed water views, while three additional guest suites provide luxurious accommodations for guests and friends. Step outside to discover your own outdoor paradise, thoughtfully designed for both relaxation and entertainment. Whether you're hosting intimate gatherings or grand celebrations, the serene backdrop of nature sets the stage for unforgettable moments. Plus, the potential to add a pool offers even more opportunities to create your dream outdoor retreat. Experience the perfect blend of modern luxury and nature's beauty at the remarkable Mill Pond property. This is your chance to embrace a lifestyle of unparalleled elegance-don't miss the opportunity to own your own slice of paradise!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace: Yes
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Details
- Parcel number: 0900101000300026000
Features
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Lot size: 0.47 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
- 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 | $16,155 | $193,860 |
| Home Insurance * | $1,239 | $14,868 |
| Property Taxes | $89 | $1,068 |
| Electricity | $495 | $5,949 |
| Total | $17,978 | $215,736 |
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 |
|---|---|---|
| 2026-03-09 | Price change | $3,195,000 |
| 2025-04-17 | Listed for sale | $2,995,000 |
| 2025-01-22 | Listing removed | $3,250,000 |
| 2024-06-21 | Listed for sale | $3,250,000 |
| 2024-05-29 | Listing removed | $3,300,000 |
| 2024-02-27 | Listed for sale | $3,300,000 |
| 2024-02-26 | Listing removed | -- |
| 2023-09-08 | Price change | $3,499,000 |
| 2023-07-13 | Listed for sale | $3,800,000 |
| 2022-08-21 | Listing removed | -- |
| 2021-10-29 | Listed for sale | $4,650,000 |
| 2021-10-16 | Listing removed | -- |
| 2021-09-27 | Price change | $4,999,000 |
| 2021-09-16 | Listed for sale | $5,495,000 |
| 2021-07-09 | Listing removed | -- |
| 2021-06-11 | Listed for sale | $3,495,000 |
| 2017-09-21 | Listing removed | $25,000 |
| 2017-09-14 | Listed for rent | $25,000 |
For Sale by Agent
View on Zillow