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Water Mill Estate Lot
For Sale
$5,195,000

639 Deerfield Road Lot #2, Watermill, NY 11976

Two-acre estate lot in Water Mill with agricultural reserve adjacency.

Property SizeContact for details
Lot Size1.84 Acres
Days on Market170

Property Features for 639 Deerfield Road Lot #2

General Information

Standard status Active
Lot size 1.84 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $152
Listing Agency: Southampton
Listed By: Beth E Marano · License #10301202236
Source: Corcoran
Added: Feb 23 Changed: Aug 8 Last Checked: Jul 16 at 6:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southampton

Investment Insights

Based on property information with market context.

This is a two-acre estate lot in Water Mill, featuring R-80 zoning and direct adjacency to a 33-acre protected agricultural reserve. The parcel offers the scale and flexibility to create a Hamptons compound, which could include a main residence, pool and pool house, patios, decking, and tennis. The property offers protected privacy, uninterrupted views, and a setting that captures space, serenity, and lasting appeal.

Key Highlights

  • Rare opportunity to acquire shy‑two acre estate lots in Water Mill with R‑80 zoning.
  • Direct adjacency to a breathtaking 33‑acre protected agricultural reserve.
  • Potential to create a world‑class Hamptons compound with main residence, pool, pool house, patios, decking, and tennis court.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Garden Center Gym & Fitness Center Hotel & Motel Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 11976, NY

2,764
Population
2,550
Households
1.1
Avg Household Size
50
Median Age
77%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
213
Density / Sq Mi
$158,000
Median Household Income
$64,643
Median Earnings
$3,200
Median Rent
$2,000,001
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-acre estate lot in Water Mill with agricultural reserve adjacency.
Where is this residential land & home lot located?
The property is located at 639 Deerfield Road Lot #2 Watermill, NY.
What is the asking price?
The asking price for this property is $5,195,000.
What are key features of this property?
This property features: Rare opportunity to acquire shy‑two acre estate lots in Water Mill with R‑80 zoning.; Direct adjacency to a breathtaking 33‑acre protected agricultural reserve.; Potential to create a world‑class Hamptons compound with main residence, pool, pool house, patios, decking, and tennis court.
More about this property
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