314.2 N Magee Street, Southampton, NY 11968

314.2 N Magee Street, Southampton, NY 11968

$4,595,000 · 7 bed · 7 bath · 5,095 sq ft · built 2027 · MLS# 989346 · Active

NEW CONSTRUCTION | SOUTHAMPTON | THE RESERVE AT ROSEWOOD Welcome to The Reserve at Rosewood, an exclusive 4-home subdivision in Southampton developed by the prestigious Hampton's builder Paramount Development Group in collaboration with renowned architect Todd Nagy. This Douglas Elliman/Compass joint co-exclusive listing is positioned on a secluded cul-de-sac bordering a 35-acre Southampton Town preserve, 2.5 miles from downtown Southampton Village delivering an extraordinary sense of privacy, luxury, and refined modern living. Time to add your personal touches to this home during the construction phase. This exceptional custom-built home features…

Single-family homes in the Tuckahoe Common School District sold for a median of $2,040,000 (typically $1,490,000–$3,500,000) across 33 recorded sales between Oct 30, 2025 and Oct 2, 2026, down 0.5% on the 12 months before.

ZIP 11968 has about 10.8 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.

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

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 2:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Southampton Market Trend

Momentum in Southampton has been building over the past 2 years — the median sale price has climbed roughly 51% year over year to about $3.9M while time on market has generally shortened. That combination points to conditions favoring sellers — and if it continues, further firming is possible.

More homes nearby

Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.