140 Hayground Cove Rd, Water Mill, NY, 11976
About This Home
Created by renowned developer Joshua Gurwitz in collaboration with Gabellini Sheppard, Design Workshop, and master builder Mayfair Construction, 140 Hayground Cove is a newly constructed estate that masterfully blends bold Brazilian Modern aesthetics with refined, minimalist design. This exceptional residence is set on 2.8 acres+/- and abuts a 2.2 acre+/- nature preserve, offering over 5 acres+/- of rare, uninterrupted privacy. Spanning 12,900 SF+/- of meticulously crafted living space across 2 levels, the home features 7 bedrooms, 9 full and 2 half bathrooms, all finished with cutting-edge materials and uncompromising attention to detail. The estate's interior showcases expansive water views and seamless indoor-outdoor flow, with subtle Japanese Teahouse influences that lend serenity and balance to its bold modern form.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2025
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Basement: No
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Features
- Fireplace: Yes
Interior Area
- Total structure area: 12,900
- Total interior livable area: 12,900 sqft
Property
Details
- Parcel number: 0900102000300014032
Features
- Private pool: Yes
- Pool features: Heated
- Exterior features: Tennis Court(s)
- 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: 2.80 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
- 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 | $328,675 | $3,944,100 |
| Home Insurance * | $25,219 | $302,628 |
| Property Taxes | $1,918 | $23,016 |
| Electricity | $2,131 | $25,582 |
| Total | $357,943 | $4,295,316 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-20 | Price change | $65,000,000 |
| 2025-03-17 | Price change | $60,000,000 |
| 2023-10-12 | Listing removed | -- |
| 2023-07-01 | Price change | $50,000 |
| 2023-06-01 | Price change | $125,000 |
| 2023-05-01 | Price change | $75,000 |
| 2023-01-19 | Price change | $40,000 |
| 2022-07-21 | Listed for sale | $18,950,000 |
| 2022-07-01 | Price change | $190,000 |
| 2022-06-15 | Price change | $125,000 |
| 2022-05-11 | Price change | $165,000 |
| 2022-04-12 | Listed for rent | $198,333 |
| 2022-02-09 | Listing removed | -- |
| 2021-12-27 | Pending sale | $13,500,000 |
| 2021-10-19 | Listed for sale | $13,500,000 |
| 1994-06-30 | Sold | $475,000 |
New Construction
View on Zillow