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Land for Sale in Water Mill, New York

731 Deerfield Rd, Water Mill, NY 11976

$5,495,000
33.7 acres
Active sale
Est $37,275/mo

Introducing an extraordinary land offering in Watermill, New York, located along one of the Hamptons most iconic stretches, where open sky meets preserved farmland. This rare assemblage includes four 2-acre estate lots with R - 80 zoning, plus a stunning 33-acre protected, agricultural reserve, creating a unique opportunity for luxury estate development in the Hamptons. Each parcel offers exceptional scale and flexibility to build a custom Hamptons estate, including a grand main residence, pool, pool house, expansive patios, decking, and even a tennis court, all surrounded by protected farmland views and uninterrupted natural beauty. With direct adjacency to preserved land, this offering ensures privacy, open space, and long-term value, making it ideal for those seeking Hamptons land for sale with acreage or a multi-parcel compound opportunity. All five parcels, including the agricultural reserve, are also available for individual purchase, providing flexibility for investors, developers, or end-users. This is more than land, it's a rare chance to own prime Watermill real estate defined by privacy, serenity, and timeless Hamptons appeal. * This listing is offered by itself or as a package with two or more properties within 635,639,641&731 Deerfield Rd and 749 Head of Pond Rd.

Location

Street address
731 Deerfield Rd, Lot 4
Zip code
11976
School district
Southampton
Elevation
38 feet
Coordinates
40.9277, -72.3587

Property details

Acreage
33.69 acres
Zoning
CR80
MLS #
MLSLI 968433
Posted

Property taxes

2025
$2,787

Parcels

  • 0900-080-00-02-00-001-004

Open houses

DateBeginsEndsAppt neededRemarks
June 20, 202612:30 PM2:30 PMNoPlease enter through 635 Deerfield Road

Details and features

Listing

Type
Land

Structure

Water
Well
Sewer
Septic Tank

Nearby schools

NameTypeDistrict
Southampton Elementary SchoolElementarySouthampton
Southampton Intermediate SchoolMiddleSouthampton
Southampton High SchoolHighSouthampton

Listing history

DateEventPriceChangeSource
Mar 9, 2026New listing$5,495,000MLSLI
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This 33.69-acre property is located at 731 Deerfield Rd Lot 4 in Water Mill, NY 11976. The land is available for sale, priced at $5,495,000 — $163,105 per acre.

Listed by Corcoran, (631) 288-6900

Checked 1 hour agoUpdated Source

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