Touring $118,500,000 Hamptons X 2 Mega Mansions

70 & 71 Cobb Ln, Water Mill, NY 11976

The Hamptons is a group of villages and hamlets in the towns of Southampton and East Hampton, which are located on the South Shore of Long Island, New York. This region is known for its beautiful beaches, historic homes, and upscale shopping and dining destinations. It has become a popular summer destination for affluent people, especially those from New York City, and is considered one of the most exclusive and upscale resort areas in the United States. In addition to its social scene and luxurious lifestyle, The Hamptons are also recognized for their natural beauty, with scenic farmlands, vineyards, and protected parks and nature reserves.

Mortgage home loan repayments on this property 20% down $23,700,000 deposit fixed at 6.9% for 30 years = $627,400 per month

Homeowners Insurance $41,475 per month

Set on over 9 acres with 3,173 +/- feet of private shoreline on Burnett Creek, this generational estate offers an opportunity like no other in the Hamptons. Located along a private peninsula on Mecox Bay, the property presents the ultimate in setting and exclusivity. Designed by renowned architect Barnes Coy Architects, the 17,173 +/- sq. ft. residence has been meticulously maintained and continuously updated over the past two decades.

See resale of one of these homes https://www.zillow.com/homedetails/71-Cobb-Ln-Water-Mill-NY-11976/2063410764_zpid/?

The main house is spread across two levels presenting open spaces and intelligent architectural aspects throughout. With design elements that harness natural light across each area of the home, this ample residence is bright and enjoyable all year round. The home affords multiple living areas, each of which showcase tranquil bay vistas through large windows adorned with brilliant trim detailing. A fully equipped eat-in kitchen offers outstanding water views with a breakfast area capable of seating 10.

The separate formal dining room offers additional seating for all types of hosting and entertaining. Space for guests and staff is plentiful, with a total of 13 bedrooms, 13 full and 6 half bathrooms, and additional staff quarters. With expansive grounds, the backyard presents luxurious amenities such as a tennis court accompanied by a tennis house, basketball court, saltwater gunite pool and spa, along with a two-level pool house inclusive of a commercial kitchen, gym, sauna, arcade, and pool side deck with all-weather dining area. A perfectly manicured walkway to the water's edge leads to the private dock which offers access to Mecox Bay. All of which create one of the most rare and unique offerings ever to come to market in the Hamptons.