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Land with Home for Sale in East Hampton, New York

198 Two Holes of Water Rd, East Hampton, NY 11937

$5,450,000
11 acres
Active
$500k drop
Est $28,483/mo

Think out of the box and live it up in your own 9,000 sqf Hampton Oasis (Private Retreat) strategically designed and positioned on over 10 acres of serene natural privacy with an all-weather tennis court, a 52 x 27 heated gunite pool, a Sunset Beach-inspired 2-level Hampton Cabana, and so much more. Truly unique, elegant, and very spacious, this 6-bedroom, 7-bath residence is equipped with an elevator connecting all 3 levels and a 4-car garage. This modern architectural gem underwent a stunning (meticulous) 2019 gut renovation throughout, including a high-end custom professional chef's kitchen with top-of-the-line stainless steel appliances, a 20-foot bar, 2 sets of Wolf ovens, 2 sets of Miele dishwashers with a Sub Zero induction station, a Sub Zero refrigerator, as well as a generous walk-in pantry with a sink for the most discerning chefs and entertainers alike. This spectacular residence further offers 2 sets of wet bars, one on each floor, equipped with its own Subzero wine coolers and freezers, and 2 sets of full laundry rooms, as well as a state-of-the-art built-in sound system and a state-of-the-art Lutron light system throughout the entire residence. An additional kitchen for your guests on a separate floor adds to the entertainment on a large scale. A dramatic glass atrium stretches to an elegant dining room with a stately double-sided wood-burning fireplace, soaring 38 x 42 living room, where all seamlessly merges for an ultimate enjoyment of this unique sun-drenched warm space elegantly lit by multiple sky windows and oversized glass windows and doors with sweeping views of the property and nature in all its glory. Multiple generous en suites are complemented by high-end steam showers and luxurious private baths. A 3,000-square-foot wraparound deck stretches across two levels, offering panoramic views of the surrounding natural beauty and a spectacular sun-tanning experience. The luxurious primary suite is its own private and serene retreat, featuring a spa-like bath, luxurious steam shower, and direct access to a private deck. The lower level features an infrared sauna adjacent to a full bath with a steam, a full workout gym with a meditation and playroom area, a walk-in cedar closet, and this one-of-a-kind gem renovated with family, entertainment, health, fitness, fun, and K9 in heart is the ultimate dream for dog and nature lovers with its custom-designed luxurious K9 feeding and grooming room, which opens up directly to a private, fully fenced-in, lush 0.25-acre dog run and play area, further accompanied by a one-mile trail through the property. Your private Hamptons resort with Central Park-like grounds, just minutes to the bay or ocean, is conveniently located near some of the best hiking and biking trails in the Hamptons, as well as the very best of shopping and dining, just moments from the Villages of East Hampton and Sag Harbor. This is more than just a home-it's a rare, turnkey retreat where timeless design, unmatched privacy, and a prime location come together in perfect harmony.

9,000
Sq feet
6
Beds
6
Full baths
2
1/2 baths
1980
Built

Location

Street address
198 Two Holes of Water Rd
School district
East Hampton
Elevation
155 feet
Coordinates
40.9796, -72.2335

Property details

Acreage
10.947 acres
MLS #
MLSLI 913434
Posted

Property taxes

2025
$21,356

Parcels

  • 0300156000500013003

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Garage
Features
Pool

Structure

Style
Modern
Heating
Forced Air
Cooling
Central Air
Materials
Frame

Interior

Room Count
2
Rooms
Basement, Bathroom x 5, Bedroom x 5
Appliances
Cooktop, Dishwasher, Gas Cooktop, Gas Oven, Washer
Features
First Floor Bedroom, First Floor Full Bath

Nearby schools

NameLevelDistrictDescription
John M Marshall Elementary SchoolElementaryEast Hampton
East Hampton Middle SchoolMiddleEast Hampton
East Hampton High SchoolHighEast Hampton

Listing history

DateEventPriceChangeSource
Sept 26, 2025Price drop$5,450,000$500,000 -8.4%MLSLI
Sept 16, 2025New listing$5,950,000MLSLI
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This 10.947-acre property is located at 198 Two Holes of Water Rd in East Hampton, NY 11937. The property is available for sale for $5,450,000. It has a 9,000 sq ft 6 bedroom, 6 bath house built in 1980.

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