943 Flying Point Road, Water Mill, NY, 11976 | $15,495,000

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.

Features

  • View: Water
  • Elem. School: Southampton Elementary School
  • Middle School: Southampton Intermediate School
  • High School: Southampton High School
  • School District: Southampton
  • MLS#: 888400
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/888400/943flyingpointroad_watermill_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Nest Seekers International LLC   Phone: 631-353-3427

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

943 Flying Point Road, Water Mill, NY, 11976

$15,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
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.