Residential Land with Home for Sale in Water Mill, New York

An extraordinary, unparalleled opportunity to possess the trifecta water vision of bay, pond and ocean. This is truly a treasured trophy. Set South of the Highway on nearly three pristine acres in Water Mill, 975 Flying Point Road offers an unbelievable new construction opportunity. With 415' of water frontage, sweeping pond, bay, and ocean views, room to build a private dock, and a coveted Flying Point setting, this is a true Hamptons legacy offering - where an iconic modern estate can be realized on one of the East End's most exceptional waterfront parcels. Designed by Kimmel Studio Architects, the envisioned estate is a bold yet refined contemporary statement spanning nearly 20,000 SF across three levels, complemented by an additional 3,500 +/- SF rooftop terrace with a pickleball court. Walls of glass, soaring ceiling heights, and open sightlines are conceived to keep the water and sky present throughout, while a dramatic sculptural stair and elevator connect the home's living levels. The main floor is planned for grand-scale entertaining, with expansive living spaces flowing to a waterfront terrace and resort-style pool setting, supported by a professional-grade kitchen with prep kitchen and butler's pantry. Multiple lounges and flexible gathering spaces create an ideal balance of drama and comfort. The upper level is dedicated to luxurious accommodations, highlighted by a primary suite designed for privacy and panoramic water views, along with additional guest suites thoughtfully positioned throughout. Crowning the home, the rooftop is planned as an exceptional outdoor destination, featuring a pickleball court, outdoor kitchen, and sweeping vistas - an unforgettable stage for sunset gatherings and summer celebrations. A full lower level offers substantial flexibility, including garage parking, storage, and the opportunity to incorporate additional recreation or wellness amenities. Thoughtfully imagined to maximize waterfront exposure while preserving privacy, this is a rare chance to create your generational estate in the Hamptons, in a premier location with a clear architectural vision already in place. Pricing reflects the land offering with the completed construction of the home in accordance with the attached plans and applicable approvals. Also listed as land with permits in place to BUILD TODAY.