Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Lot Size: 21 Acres

Financials

Price:$4,995,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Aurora Property Group

Description

A Rare 21-Acre Opportunity in the Heart of Water Mill’s Equestrian Country with Annual Taxes $156.84! Where else can you find an investment that you can watch appreciate with practically zero carry costs. This land offering represents one of the most desirable long-term inflation hedges and growth plays sought by the world’s savviest investors. Amid the rolling fields and iconic polo grounds of Water Mill, this extraordinary 21-acre agricultural reserve offers a once-in-a-lifetime chance to create your legacy estate. Zoned CR-80, development rights sold, with the right to clear up to 50% of the land and a long list of permitted uses, this property opens the gate to a future defined by vision and possibility. Whether you’re an equestrian aficionado seeking proximity to the Hampton Classic, a vintner inspired by the South Fork terroir, or a steward of the land with a dream of organic farming or timber cultivation, this land delivers both provenance and potential. Poised on a quiet country lane, the parcel overlooks a pristine 49-acre agricultural reserve, providing sweeping views and an uninterrupted sense of space and serenity. Tucked away yet minutes to Bridgehampton, Southampton, and Sag Harbor villages, world-class golf, and Atlantic beaches, the location is as coveted as it is central.

A Rare 21 Acre Opportunity in the Heart of Water Mill s Equestrian Country with Annual Taxes 156.


Long Island MLS

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.