244 Flying Point Rd, Water Mill, NY, 11968
About This Home
This modern residence, characterized by south-facing glass walls and soaring cathedral ceilings, exudes a relaxed ambiance. Classic design elements, complemented by rich stone accents and light wood finishes, span across 8,000 square feet of interior space, perfectly embodying the quintessential Hamptons lifestyle. An entry foyer welcomes you through a secluded, wisteria-covered entrance, accessed via a reclaimed barn door. Inside, a spacious floor plan unfolds, featuring two expansive entertaining areas, a serene library, and several cozy fireplaces, including one in the primary suite. The home boasts 8 bedrooms and 7.5 bathrooms, along with a gym, a pool lounge equipped with a spa and sauna. A 40-foot covered terrace overlooks the 48-foot pool, landscaped perimeter, and lush lawn, as well as a grass tennis court. Additional highlights include a 2-car garage, a wine cellar, and easy access to nearby Flying Point Beach and the conveniences of Water Mill Village.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace: Yes
Interior Area
- Total structure area: 8,116
- Total interior livable area: 8,116 sqft
Property
Details
- Parcel number: 0900160000100003022
Features
- Stories: 2
- Private pool: Yes
- Pool features: Heated
- Exterior features: Tennis Court(s)
Lot
- Lot size: 1.51 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 | $46,773 | $561,276 |
| Home Insurance * | $5,437 | $65,244 |
| Property Taxes | $200 | $2,400 |
| Electricity | $1,341 | $16,094 |
| Total | $53,751 | $645,012 |
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 |
|---|---|---|
| 2025-10-15 | Listed for sale | $9,250,000 |
| 2025-10-08 | Listing removed | $9,250,000 |
| 2025-08-16 | Listing removed | $150,000 |
| 2025-08-16 | Listed for sale | $9,250,000 |
| 2025-08-01 | Price change | $150,000 |
| 2025-07-01 | Price change | $125,000 |
| 2025-03-22 | Listed for rent | $100,000 |
| 2025-03-21 | Listing removed | $100,000 |
| 2024-10-15 | Listed for rent | $100,000 |
| 2024-10-01 | Listing removed | $100,000 |
| 2024-09-26 | Listed for rent | $100,000 |
| 2024-08-27 | Listing removed | $160,000 |
| 2024-05-08 | Price change | $160,000 |
| 2024-01-16 | Price change | $108,333 |
| 2023-11-08 | Price change | $130,000 |
| 2023-10-30 | Listed for rent | $140,000 |
| 2023-09-05 | Listing removed | -- |
| 2023-02-22 | Price change | $190,000 |
| 2023-02-20 | Price change | $180,000 |
| 2023-01-21 | Price change | $190,000 |
| 2023-01-05 | Listed for rent | $180,000 |
| 2021-09-30 | Listing removed | -- |
| 2021-09-30 | Price change | $200,000 |
| 2021-09-10 | Price change | $180,000 |
| 2021-04-10 | Listed for rent | $200,000 |
| 1997-06-05 | Sold | $325,000 |
For Sale by Agent
View on Zillow