Residential Land for Sale in Water Mill, New York

Fully permitted to BUILD TODAY. An extraordinary, unparalleled opportunity to possess the trifecta water vision of bay, pond and ocean. Approved plans and permits are in place. This is truly a treasured trophy. Set South of the Highway in the heart of Water Mill, 975 Flying Point Road presents an extraordinary opportunity to create a legacy estate on nearly 3 acres of pristine waterfront land. With 415' of water frontage with room to build a private dock, this rare offering captures sweeping water views overlooking the pond, bay, and ocean, composing a setting of remarkable natural beauty, privacy, and prestige. Including dock rights and direct waterfront access, the property combines scale and irreplaceable positioning in one of the Hamptons' most coveted enclaves. Plans are in place for a truly exceptional compound, including a nearly 20,000 +/- SF residence across three levels, plus an additional 3,500 +/- SF rooftop terrace designed to maximize the panoramic water views and a rooftop pickleball court. The vision extends outdoors with 7,275 +/- SF of outdoor living, anchored by a pool and lounge house, creating a seamless indoor/outdoor lifestyle for entertaining, relaxing, and summer living at its highest level. South of the Highway parcels of this size and versatility are increasingly scarce. Whether executed as a bold contemporary statement or a timeless coastal retreat, 975 Flying Point Road offers the foundation for a truly iconic Hamptons waterfront estate-with remarkable plans by Kimmel Studio Architects a singular opportunity to build along the water in one of the East End's most prestigious locations. Please note this listing is for the land, plans and permits only. The property can also be purchased with the home fully constructed for $34,700,000.