Behind The Hedges 19.10.2018 11:33 6 Acre Estate With Tennis, 2 Master Suites

Frank & Dawn Bodenchak

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WEB ID: 0038732
ADDRESS: Water Mill, NY, United States
CITY: Water Mill
AREA: 6800
PRICE: $3,195,000


Just past Atlantic Golf Club and over 100 acres of horse farm and fields, this 5.5 acre estate sits at the edge of the woods near acres of hiking trails. The property offers total privacy, yet is convenient to Bridgehampton, Water Mill and Sag Harbor. The estate offers nearly 7000 square feet of finished space on 3 finished levels. The top 2 levels offer 6 ensuite bedrooms, including 2 full master suites on the first and second floors. There is also an office off the first floor master. A covered porch overlooks a very private back yard with pool, gracious lawn, with tennis off to the side. This home has been impeccably maintained for a turnkey move-in. The lower level is not to be overlooked, as the rear half is entirely above ground, offering light and yard access through sliders from the gym, billiards room, and movie area. And for those seeking a solid investment return or 1031 option, the house has a fantastic rental history, with the same tenant renewing for 5 years, 4% net return.