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1 Reed Pond Ct, Water Mill, NY, 11976

4beds
4baths
4,350sqft
$2,799,000
$643price/sqft
$16,032/moest. monthly cost
$641,280/yrincome needed

About This Home

Beautifully renovated and exceptionally spacious, this light-filled Mecox Landing residence brings refined Hamptons living to one of Water Mill's most desirable waterfront communities. Offering 4 bedrooms, 3.5 baths, and 4,325A± SF, this corner residence is thoughtfully designed with exceptional materials and high-end finishes throughout. The open-concept main level is ideal for both relaxed Hamptons living and sophisticated entertaining, with an elegant living room with wood burning fireplace, dining area, den, and sleek chef's kitchen with premium appliances including wine fridge and icemaker. Sonos and Central Vac add to the available amenities. Expansive interiors flow seamlessly to three private outdoor entertaining spaces, creating an effortless connection between indoors and out. The luxurious primary suite features a spa-inspired bath, while an additional en-suite guest bedroom completes the main level. The finished lower level offers two additional bedrooms, a media/den room, home office, and ample storage, providing exceptional flexibility for family and guests. Mecox Landing offers 10.8 acres of enviable waterfront lifestyle with resort-style amenities including a brand-new heated pool, brand new tennis, pickleball, pool pavilion, and private dock with access to scenic Mecox Bay for kayaking and paddleboarding. Ideally located just minutes from Bridgehampton, Water Mill and Southampton villages, as well as world-renowned ocean beaches, this turnkey residence offers the best of Hamptons living with the ease of a maintenance-free lifestyle. An exceptional opportunity for year-round living or the perfect Hamptons retreat, with the option to purchase fully furnished.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
Southampton High SchoolGrades 9-122.9 mi
5/10

Construction

Condition

  • Year built: 1984

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Fireplace: Yes

Interior Area

  • Total structure area: 4,350
  • Total interior livable area: 4,350 sqft

Property

Details

  • Parcel number: 0900102010100001000

Features

  • Stories: 1
  • Private pool: Yes
  • Exterior features: Tennis Court(s)

Lot

  • Lot size: 10.80 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 $14,153$169,836
Home Insurance *$1,085$13,020
Property Taxes $76$912
Electricity $718$8,626
Total$16,032$192,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$549,668/yr
40% on housing$480,960/yr
45% on housing$427,520/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

$643This listing

vs Other Active Listings

Avg $/sqft

ZIP 11976$2,049
Suffolk County$724

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
2026-08-11Listed for sale$2,799,000
2026-08-07Listing removed$2,799,000
2026-05-26Listed for sale$2,799,000
2025-12-15Listing removed$2,799,000
2025-09-26Price change$2,799,000
2025-08-24Listed for sale$2,900,000
2025-08-18Listing removed$50,000
2025-05-13Listed for rent$50,000
2015-10-22Sold$1,100,000
2015-01-23Listed for sale$1,200,000
2013-02-27Sold$985,000
2013-01-23Listed for sale$1,100,000
2012-06-26Listing removed$1,100,000
2012-05-29Price change$1,100,000
2011-08-22Price change$1,195,000
2011-07-29Listed for sale$1,250,000
2002-06-03Sold$635,000
1996-03-19Sold$360,000

For Sale by Agent

AgentSusan Breitenbach - Associate Real Estate Broker
BrokerageCorcoran Group

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