1552 Deerfield Road, Water Mill, NY 11976

$9,995,000 · 8 bed · 12 bath · 9,400 sq ft · built 2025 · MLS# 950327 · Active

Exquisitely designed with a modern contemporary Miami/Palm Beach aesthetic, this exceptional 3+/- acre new construction estate is the true essence of Water Mill opulence. The fully furnished 9,400 SF residence features 8 en-suite bedrooms, 12 bathrooms, a heated gunite pool with hot tub, a glass pool house, and an all-weather tennis court. On the meticulously finished lower level is a recreational game room, glass- partitioned gym, sauna, spa, steam room, and a state-of-the-art movie theatre. The crown jewel is an impressive cocktail bar lounge and nightclub inspired by the exclusive…

Single-family homes in the Southampton Union Free School District sold for a median of $3,150,000 (typically $1,695,000–$5,140,000) across 95 recorded sales between Oct 9, 2025 and Sep 29, 2026, up 27.4% on the 12 months before. This home's $9,995,000 list price sits in the luxury single-family tier for the Southampton Union Free School District.

ZIP 11976 has about 20.7 months of 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 $27,007 a year, this home's property tax runs roughly 350% above the $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