438 Deerfield Road, Water Mill, NY 11976

Local realty services provided by:Better Homes and Gardens Real Estate Green Team
438 Deerfield Road,Water Mill, NY 11976
$5,000,000
  • 12.8 Acres
  • Lots / Land
  • Active
Listed by:daran denis
Office:thompson group real estate
MLS#:909596
Source:OneKey MLS

Price summary

  • Price:$5,000,000

About this home

This memorandum presents a rare opportunity to acquire approximately 12.8 acres of vacant residential land located in the highly sought-after Hamptons enclave of Water Mill, New York. With direct access to Mill Pond and Deerfield Road, the property combines natural surroundings with development flexibility. The site is being offered at well below market value, with a motivated seller seeking to transact quickly. PROPERTY HIGHLIGHTS TOTAL LOT SIZE: ±12.8 Acres Zoning: CR80 (Residential) TOPOGRAPHY: Relatively flat, conducive to development ACCESS: Multiple points of ingress/egress via Mill Pond and Deerfield Road PARCEL CONDITION: Entirely vacant land, ready for planning and construction LOCATION: Nestled in Suffolk County’s Water Mill, a high-demand residential market within the Hamptons INVESTMENT CONSIDERATIONS VALUE PRICING: At $5,000,000, the property is positioned significantly below comparable land offerings in the Water Mill/Hamptons market. DEVELOPMENT FLEXIBILITY:

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Home facts

  • Listing ID #:909596
  • Added:1 day(s) ago
  • Updated:September 06, 2025 at 02:41 PM

Structure and exterior

  • Lot area:12.8 Acres

Schools

  • High school:Southampton High School
  • Middle school:Southampton Intermediate School
  • Elementary school:Southampton Elementary School

Utilities

  • Water:Well

Finances and disclosures

  • Price:$5,000,000
  • Tax amount:$11,998 (2024)
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