About the Listing TMPG01 - 222017

This memorandum presents a rare opportunity to acquire approximately 12.8 acres of vacant residential land located in the highly sought-after Hamptons enclave of Water Mill, New York. With direct access to Mill Pond and Deerfield Road, the property combines natural surroundings with development flexibility. The site is being offered at well below market value, with a motivated seller seeking to transact quickly. PROPERTY HIGHLIGHTS TOTAL LOT SIZE: ±12.8 Acres Zoning: CR80 (Residential) TOPOGRAPHY: Relatively flat, conducive to development ACCESS: Multiple points of ingress/egress via Mill Pond and Deerfield Road PARCEL CONDITION: Entirely vacant land, ready for planning and construction LOCATION: Nestled in Suffolk County’s Water Mill, a high-demand residential market within the Hamptons INVESTMENT CONSIDERATIONS VALUE PRICING: At $5,000,000, the property is positioned significantly below comparable land offerings in the Water Mill/Hamptons market. DEVELOPMENT FLEXIBILITY: Large acreage with favorable topography suitable for high-end residential estate development or subdivision (subject to zoning and approvals). MOTIVATED SELLER: Seller is seeking an expedited sale, creating strong negotiating leverage for qualified investors. LIFESTYLE APPEAL: Proximity to luxury amenities, beaches, and premier Hamptons communities enhances long-term asset appreciation.

Listing Highlights for 438 Deerfield Rd

Listing Location