# 70 & 71 Cobb Lane, Water Mill, NY 11976 > **TL;DR:** 24bd/38ba single family, $82,500,000 ($1833/sqft), 45,000 sqft. > Waterfront, View, 11-car garage. Est. $441,228/mo. Listed 944 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $82,500,000 | | Price/sqft | $1833 | | Bedrooms | 24 | | Bathrooms | 27 full, 11 half | | Square Feet | 45,000 | | Lot Size | 914,760 sqft (21.00 acres) | | Garage | 11-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 944 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Ocean - **Large Garage** - 11-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $417,165 | | Estimated Insurance | $24,063 | | **Total** | **$441,228** | ## Key Amenities - Waterfront - View - 11-car garage ## Property Highlights - 21.00 acre lot - Waterfront ## Description ### Agent Description Presenting a once-in-a-lifetime opportunity, 70 & 71 Cobb Lane are now available together for the first time. Set on a private peninsula in Water Mill South, this extremely rare generational compound spans over 21 total acres. With 24 bedrooms and 38 bathrooms spread across two magnificent residences, the unique multi-parcel offering represents true opulent living. Meticulously designed by renowned architect Barnes Coy Architects, the waterfront property encompasses a 17,173 +/- sq. ft. house with 13 bedrooms and a plethora of amenities including a tennis court, saltwater gunite pool and spa, and a two-level pool house with a commercial kitchen, gym, sauna, and pool-side deck. Located on the inland portion of the compound, the secondary property is comprised of a 28,000 +/- sq. ft. residence along with a heated pool and spa, pool house with pergola and moat, courtyard with fire pit, and multiple lounging/dining areas. Designed for entertainment, the second home features extensive interior amenities including a 14-seat movie theatre, 2-lane bowling alley, half court basketball, professional gym, 350 bottle wine cellar, spa with sauna and steam room, indoor swimming pool, and a game room with billiards, 750 gallon shark tank, wet bar, and arcade. Showcasing over 3,100 feet of private shoreline on Burnett Creek, the compound offers access to Mecox Bay via a private dock. With a perfect marriage of architectural splendor and natural beauty, this extraordinary piece of Hamptons' history presents an unrivaled program with a picturesque south of the highway setting amidst a backdrop of bay views. ## Location - **Address:** 70 & 71 Cobb Lane, Water Mill, NY 11976 - **County:** Suffolk - **Coordinates:** 40.897406, -72.350514 - **Google Maps:** https://www.google.com/maps?q=40.897406,-72.350514 ## Listing Agent - **Name:** Hedgerow Exclusive Team - **Brokerage:** Hedgerow Exclusive Properties - **Broker Phone:** 631-296-8543 ## Photos ![70 & 71 Cobb Lane - Photo 1](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f588246064r.jpg) ![70 & 71 Cobb Lane - Photo 2](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3776953445r.jpg) ![70 & 71 Cobb Lane - Photo 3](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f301463457r.jpg) ![70 & 71 Cobb Lane - Photo 4](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f683639856r.jpg) ![70 & 71 Cobb Lane - Photo 5](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3400229162r.jpg) ![70 & 71 Cobb Lane - Photo 6](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2049454945r.jpg) ![70 & 71 Cobb Lane - Photo 7](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1322021517r.jpg) ![70 & 71 Cobb Lane - Photo 8](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f705135714r.jpg) ![70 & 71 Cobb Lane - Photo 9](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2557070277r.jpg) ![70 & 71 Cobb Lane - Photo 10](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1045964359r.jpg) ![70 & 71 Cobb Lane - Photo 11](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3738292143r.jpg) ![70 & 71 Cobb Lane - Photo 12](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2616743263r.jpg) ![70 & 71 Cobb Lane - Photo 13](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f758494924r.jpg) ![70 & 71 Cobb Lane - Photo 14](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1568563320r.jpg) ![70 & 71 Cobb Lane - Photo 15](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f449947509r.jpg) ![70 & 71 Cobb Lane - Photo 16](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f764797828r.jpg) ![70 & 71 Cobb Lane - Photo 17](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3077185344r.jpg) ![70 & 71 Cobb Lane - Photo 18](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2064267790r.jpg) ![70 & 71 Cobb Lane - Photo 19](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1499460700r.jpg) ![70 & 71 Cobb Lane - Photo 20](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3731084852r.jpg) ![70 & 71 Cobb Lane - Photo 21](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1608628775r.jpg) ![70 & 71 Cobb Lane - Photo 22](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1974943771r.jpg) ![70 & 71 Cobb Lane - Photo 23](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3209926711r.jpg) ![70 & 71 Cobb Lane - Photo 24](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f869537023r.jpg) ![70 & 71 Cobb Lane - Photo 25](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f481996960r.jpg) ![70 & 71 Cobb Lane - Photo 26](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f860632630r.jpg) ![70 & 71 Cobb Lane - Photo 27](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3186978707r.jpg) ![70 & 71 Cobb Lane - Photo 28](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1974782201r.jpg) ![70 & 71 Cobb Lane - Photo 29](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2868095140r.jpg) ![70 & 71 Cobb Lane - Photo 30](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2468846724r.jpg) ![70 & 71 Cobb Lane - Photo 31](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3044131486r.jpg) ![70 & 71 Cobb Lane - Photo 32](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1543370180r.jpg) ![70 & 71 Cobb Lane - Photo 33](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1825062267r.jpg) ![70 & 71 Cobb Lane - Photo 34](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2126541860r.jpg) ![70 & 71 Cobb Lane - Photo 35](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1820046384r.jpg) ![70 & 71 Cobb Lane - Photo 36](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3777429430r.jpg) ![70 & 71 Cobb Lane - Photo 37](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2628575100r.jpg) ![70 & 71 Cobb Lane - Photo 38](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3643020880r.jpg) ![70 & 71 Cobb Lane - Photo 39](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f872041865r.jpg) ![70 & 71 Cobb Lane - Photo 40](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f1768849168r.jpg) ![70 & 71 Cobb Lane - Photo 41](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2545045068r.jpg) ![70 & 71 Cobb Lane - Photo 42](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3641499640r.jpg) ![70 & 71 Cobb Lane - Photo 43](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f4186605356r.jpg) ![70 & 71 Cobb Lane - Photo 44](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f2268526778r.jpg) ![70 & 71 Cobb Lane - Photo 45](http://lh.rdcpix.com/fbb550ca15370f0d8f1c9af8c969d18cl-f3836930070r.jpg) --- **MLS#:** 11263336 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/70-71-cobb-lane-water-mill-ny-11976-6ad964476ffa43df999e7db51a1947e6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/70-71-cobb-lane-water-mill-ny-11976-6ad964476ffa43df999e7db51a1947e6#listing", "url": "https://staging.propertysimple.ai/listing/70-71-cobb-lane-water-mill-ny-11976-6ad964476ffa43df999e7db51a1947e6", "name": "70 & 71 Cobb Lane, Water Mill, NY 11976", "description": "Presenting a once-in-a-lifetime opportunity, 70 & 71 Cobb Lane are now available together for the first time. Set on a private peninsula in Water Mill South, this extremely rare generational compound spans over 21 total acres. With 24 bedrooms and 38 bathrooms spread across two magnificent residences, the unique multi-parcel offering represents true opulent living. Meticulously designed by renowned architect Barnes Coy Architects, the waterfront property encompasses a 17,173 +/- sq. ft. house with 13 bedrooms and a plethora of amenities including a tennis court, saltwater gunite pool and spa, and a two-level pool house with a commercial kitchen, gym, sauna, and pool-side deck. Located on the inland portion of the compound, the secondary property is comprised of a 28,000 +/- sq. ft. residence along with a heated pool and spa, pool house with pergola and moat, courtyard with fire pit, and multiple lounging/dining areas. 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