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About This Home

This 11-bedroom, 19-bathroom single family at 70 Cobb Lane in Water Mill, NY is listed for $54,950,000 ($1,963 per sqft). the home offers 28,000 sqft of living space on a 12.20 acres lot.

Agent Description

Set on a private peninsula on Mecox Bay, this stunning 12.2 +/- acre estate is now available for purchase. With 28,000 +/- square feet of living space across three levels, the magnificent residence boasts 11 bedrooms, 14 full bathrooms, and 5 powder rooms.

Upon entry, a grand foyer with dual staircases introduces the main level and showcases a flood of natural light through floor to ceiling windows. The well equipped eat-in kitchen highlights stainless steel appliances and marble countertops with a generous stew pantry, and is accompanied by a formal dining room with seating for ten.

Outfitted for all season dining, the exterior family room affords additional seating. The formal living area is joined by a private study and a separate den with a fireplace and wet bar. Access to the attached 3-car garage, staff bedroom, and three powder rooms complete this floor.

The secondary level offers a spacious primary suite along with six guest bedrooms, four of which are ensuite. The guest wing is joined by two seating areas, an office, and an upstairs laundry room, while multiple terraces present sweeping views across the expansive estate and towards Mecox Bay.

Fit for entertaining, the lower level presents an abundance of amenities including a 14-seat movie theatre, 2-lane bowling alley with a viewing area for 12 people, half court basketball, professional gym, 350 bottle wine cellar, and a game room with billiards, 750 gallon shark tank, wet bar, arcade, and ping pong table.

The downstairs also provides three bedrooms, two bathrooms and a staff area with kitchenette, living room, and dining room. Accommodating all aspects of relaxation, the residence is equipped with a massage room, spa with sauna and steam room and an indoor swimming pool.

With no detail or amenity spared, the exterior hosts numerous entertainment elements including a courtyard with a fire pit and concealed outdoor television, multiple lounging areas, heated pool with a spa and waterfall, half basketball court, and an outdoor dining area with large grill and pizza oven.

Surrounded by a moat, the pergola and separate pool house affords a kitchenette and full bathroom. With a picturesque setting and a backdrop of bay views, this resort-like estate is truly a unique south of the highway opportunity.

Key Features

  • 12.20 acre lot
  • 3 stories

Property Details

3 stories
14 full, 5 half

Amenities

HardwoodBasement

Monthly Cost Estimate

$293,884/mo

20% down · 6.5% · 30 years

Principal$39,740
Interest$238,117
Insurance$16,027

Estimates only. Actual payments may vary.

Location

70 Cobb Lane

Water Mill, NY 11976

Features & Amenities

Interior Features

Walk-in Closet

Property Details

Flooring

Hardwood

Parking

GarageGarage - Attached

Cooling

Central Air

Questions & Answers

This 11-bedroom, 19-bathroom single family at 70 Cobb Lane is listed at $54,950,000 ($1,963/sqft). The estimated monthly payment is $238,117 based on 20% down at 6.5% interest.

Key features include: 12.20 acre lot, 3 stories. Interior Features: Walk-in Closet.

This property is listed by Hedgerow Exclusive Team and can be reached at 6312968543 or listings@hedgerowexclusive.com.

HT

Hedgerow Exclusive Team

Agent at Hedgerow Exclusive Properties

(631) 296-8543

Listed by Hedgerow Exclusive Properties · View on Broker Site

MLS# 11159407· Source: listhub· Updated 1101 days ago

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.

70 Cobb Lane, Water Mill, NY 11976

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