936,948, & 1058 Deerfield Road

Wild Orchid Farm Water Mill

^$7,995,000

What will this home cost?

What will this cost?

Mortgage Terms (years)

5 7 15 20 30

Interest Rate

Percent Down

0% ($0)

^$2,825/mo

Include Monthly Charges & Taxes

Land

Coast
Town

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Essentials

Price$7,995,000
StyleLand

More than 36 acres, encompassing a pair of 2+ acre building parcels and a 32 acre reserve, present a variety of interesting scenarios along the farm fields of Water Mill's Deerfield Road. With each lot having room for a significant house, pool, pool house and tennis court and the reserve capable of hosting a significant equestrian facility, the possibilities for fertile minds seems endless. Certainly a compound of two houses and assorted amenities sharing a horse farm comes to mind. A savvy end user/investor could keep a lot for their own Hampton retreat while selling off the remaining lot while givng each an interest in the 32 acre reserve. An enterprising developer might build and offer 2 new houses for sale that would have common interests in the expansive reserve, givng fortunate new owners the ultimate back yard. Explore the myriad possibilities of this unique offering by contacting us today for surveys and complete particulars.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Agent Ask me a question

Gary DePersia Licensed Associate RE Broker m (516) 380-0538 p (631) 899-0215
gdp@corcoran.com Email Me See my 58 other sale listings

The Neighborhood

Water Mill

The American Revolution is modern history to Water Mill, where grist for its water-powered mill was first ground in 1644.

The hamlet has three magnificent beaches: Flying Point, Mecox, and Dead End. And there are still huge areas of woodsy wilderness, like the 148-acre Laurel Valley Country Park. Robert Wilson's Watermill Center, where the avante garde visionary develops new work in collaboration with students and professionals, is the East End's newest cultural mecca.

Explore Water Mill