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70 & 71 Cobb Lane, Water Mill, NY 11976

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For Sale

$99,500,000

24 beds • 27 baths • 11 half baths • 45,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $2,211.11
    Price per square foot

Explore this Property

Presenting a once-in-a-lifetime opportunity, 70 & 71 Cobb Lane are now available together for the first time. Set on a private peninsula in Water Mill South, this extremely rare generational compound spans over 21 total acres. With 24 bedrooms and 38 bathrooms spread across two magnificent residences, the unique multi-parcel offering represents true opulent living. Meticulously designed by renowned architect Barnes Coy Architects, the waterfront property encompasses a 17,173 +/- sq. ft. house with 13 bedrooms and a plethora of amenities including a tennis court, saltwater gunite pool and spa, and a two-level pool house with a commercial kitchen, gym, sauna, and pool-side deck. Located on the inland portion of the compound, the secondary property is comprised of a 28,000 +/- sq. ft. residence along with a heated pool and spa, pool house with pergola and moat, courtyard with fire pit, and multiple lounging/dining areas. Designed for entertainment, the second home features extensive interior amenities including a 14-seat movie theatre, 2-lane bowling alley, half court basketball, professional gym, 350 bottle wine cellar, spa with sauna and steam room, indoor swimming pool, and a game room with billiards, 750 gallon shark tank, wet bar, and arcade. Showcasing over 3,100 feet of private shoreline on Burnett Creek, the compound offers access to Mecox Bay via a private dock. With a perfect marriage of architectural splendor and natural beauty, this extraordinary piece of Hamptons' history presents an unrivaled program with a picturesque south of the highway setting amidst a backdrop of bay views.
MLS# 11263336

Courtesy Of Hedgerow Exclusive Properties

(631) 296-8543

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Lot Size
    21 Acres
  • Rooms
    Bonus Room, Den, Dining Room, Family Room, Living Room, Media Room
  • View Type
    Ocean

Map and Directions

Directions to 70 & 71 Cobb Lane, Water Mill, NY 11976

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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