474 Water Mill Towd Road, Southampton, NY 11968

$3,750,000 · 3 bed · 3 bath · 2,532 sq ft · built 1955 · MLS# 1062009 · Active

This peaceful property lives like a country estate: open sky, space to wander, picture-perfect for entertaining, and room to breathe in every direction. Beyond the white gate, a sprawling green lawn rolls up to the main house, set on a gentle rise and framed by mature trees, with nothing crowding in. The extensive, sunlit backyard, with its heated pool and exceptional pool house with its own stone-pillared driveway, continues the estate feel. A large, open foyer with a vaulted ceiling greets you as you set foot in this expanded classic…

Single-family homes in the Southampton Union Free School District sold for a median of $3,195,000 (typically $1,775,000–$5,315,000) across 92 recorded sales between Oct 18, 2025 and Sep 29, 2026, up 31.2% on the 12 months before.

ZIP 11968 has about 11.8 months of single family inventory — strong buyer's market. A heavily oversupplied market — buyers hold the upper hand, and sellers often offer price cuts or concessions to compete.

At about $5,680 a year, this home's property tax is in line with the roughly $6,000 typical for Southampton Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax