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Nestled on one of the most coveted stretches of coastline in the Hamptons, 943 Flying Point Road in Water Mill presents a once-in-a-lifetime opportunity to craft a world-class estate. Encompassing over 2. 5 acres of cleared, build-ready land-with no wetland impacts-this rare offering boasts 270-degree panoramic views that sweep across Mecox Bay, Channel Pond, and the Atlantic Ocean. Set back from the road for ultimate privacy, the property combines serenity and exclusivity while placing you mere steps from some of the Hamptons' most iconic beaches. Perfectly positioned at the intersection of Water Mill and Bridgehampton, this ultra-exclusive location is defined by its natural beauty, peaceful surroundings, and proximity to the water. The lot offers direct access to Mecox Bay, inviting endless summer adventures-from kayaking to paddleboarding-right from your backyard. With zoning that allows for a 15, 000± square-foot residence, pool, pool house, tennis court, and expansive terraces, the possibilities for design are as vast as the views themselves. The surrounding landscape is a masterpiece in constant motion-sunlight dances off the bay and ocean throughout the day, casting a golden glow over the property and illuminating the path to a modern architectural vision. Whether you're drawn to the stillness of Channel Pond or the dynamic waves of the Atlantic, 943 Flying Point Road is more than land-it's a canvas for your dream Hamptons estate, waiting to be brought to life in one of the East End's most timeless and private enclaves.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$15,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $12,396,000 | $12,396,000 | $12,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $68,451 | $74,320 | $102,938 |
| Total Monthly Payment | $68,576 | $74,445 | $103,063 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.