Skip to main content
Back to Search Results
|

161 Summerfield Lane, Water Mill, NY 11932

Show All 12 Photos
For Sale

$15,995,000

8 beds • 7 baths • 3 half baths • 9,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,777.22
    Price per square foot

  • Basement
    Rooms

Explore this Property

Introducing the "Crown Jewel" of sought-after and highly desired Summerfield Lane - available for the first time since the sub-division was created over 40 years ago. Available as a pre-construction new build or as-is, with the existing dwelling; 161 Summerfield Lane uniquely presents as one of the premier development opportunities available in the Hamptons. Ideally located south of the highway, this offering is just minutes to ocean beaches and within close proximity to beloved Milk Pail and Fairview Farm stands. Tucked away from main thoroughfares, this peaceful cul-de-sac has quietly evolved into one of the Hamptons' most exclusive enclaves, with recent land trades and new construction confirming its prestige. Set at the very end of the lane, 161 Summerfield is the finest offering of them all. Sited on an oversized 1.03 acre parcel with private access via an easement, the property enjoys the serenity of backing 19 acres of agricultural reserve - currently home to the bucolic Topping Horse Farm and protected from future development. Favorable pre-existing setbacks allow for this unique new development program including a proposed 9,000 +/- square foot new construction residence, by architect Will Minnear and developer/builder Michael Frank. The proposed modern construction includes 8 bedrooms, 10 baths, pool, spa, expansive outdoor living areas, and the finest finishes throughout. The generous lot allows for multiple accessory structures including a pool house and a north-south facing tennis court or padel/pickleball if desired. There is simply no other offering on the market that combines this caliber of location, acreage, privacy, and scale - south of the highway, on a quiet cul-de-sac, with forever-protected views and space for a full program residence - at this price point.
MLS# 11523411

Courtesy Of Hedgerow Exclusive Properties

(631) 296-8543

Property Features

  • Architecture Style
    Other
  • Floor Covering
    Hardwood
  • Lot Size
    1.03 Acres
  • Rooms
    Basement, Den, Kitchen, Media Room

Map and Directions

Directions to 161 Summerfield Lane, Water Mill, NY 11932

Home seller CENTURY 21 Albertson Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Albertson Realty

(631) 765-3800
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading