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Land with Home for Sale in Water Mill, New York

70 Cobb Ln, Water Mill, NY 11976

$54,950,000
12.2 acres
Active
$4.6m drop
Est $344,340/mo

Set on a private peninsula on Mecox Bay, this stunning 12.2 +/- acre estate is now available for purchase. With 28,000 +/- square feet of living space across three levels, the magnificent residence boasts 11 bedrooms, 14 full bathrooms, and 5 powder rooms. Upon entry, a grand foyer with dual staircases introduces the main level and showcases a flood of natural light through floor to ceiling windows. The well equipped eat-in kitchen highlights stainless steel appliances and marble countertops with a generous stew pantry, and is accompanied by a formal dining room with seating for ten. Outfitted for all season dining, the exterior family room affords additional seating. The formal living area is joined by a private study and a separate den with a fireplace and wet bar. Access to the attached 3-car garage, staff bedroom, and three powder rooms complete this floor. The secondary level offers a spacious primary suite along with six guest bedrooms, four of which are ensuite. The guest wing is joined by two seating areas, an office, and an upstairs laundry room, while multiple terraces present sweeping views across the expansive estate and towards Mecox Bay. Fit for entertaining, the lower level presents an abundance of amenities including a 14-seat movie theatre, 2-lane bowling alley with a viewing area for 12 people, half court basketball, professional gym, 350 bottle wine cellar, and a game room with billiards, 750 gallon shark tank, wet bar, arcade, and ping pong table. The downstairs also provides three bedrooms, two bathrooms and a staff area with kitchenette, living room, and dining room. Accommodating all aspects of relaxation, the residence is equipped with a massage room, spa with sauna and steam room and an indoor swimming pool. With no detail or amenity spared, the exterior hosts numerous entertainment elements including a courtyard with a fire pit and concealed outdoor television, multiple lounging areas, heated pool with a spa and waterfall, half basketball court, and an outdoor dining area with large grill and pizza oven. Surrounded by a moat, the pergola and separate pool house affords a kitchenette and full bathroom. With a picturesque setting and a backdrop of bay views, this resort-like estate is truly a unique south of the highway opportunity.

28,000
Sq feet
11
Beds
14
Full baths
5
1/2 baths

Location

Street address
70 Cobb Ln
Elevation
13 feet
Coordinates
40.8975, -72.3514

Property details

Acreage
12.2 acres
MLS #
MyStateMLS 11159407
Posted

Parcels

  • 0900-160.000-03.00-052.005

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage

Structure

Stories
3
Cooling
Central Air

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 5, Bonus Room, Den, Dining Room, Family Room, Kitchen, Library, Living Room, Media Room
Flooring
Hardwood
Features
Walk-In Closet

Listing history

DateEventPriceChangeSource
Mar 27, 2024Price drop$54,950,000$4,550,000 -7.6%MyStateMLS
May 18, 2023New listing$59,500,000MyStateMLS
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This 12.2-acre property is located at 70 Cobb Ln in Water Mill, NY 11976. The property is available for sale for $54,950,000. It has a 28,000 sq ft 11 bedroom, 14 bath house.

Checked 34 mins ago — Updated

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