532 Blank Lane, Water Mill, NY 11976
Suffolk County
Key Facts
Description
Welcome to 532 Blank Lane—an elegant and fully renovated retreat nestled in the heart of Water Mill. Set on 1.5 acres of lush, wooded grounds, this timeless shingle-style home offers 3,500 square feet above grade, plus a finished lower level designed for entertaining and relaxation. Fully reimagined in 2023, the home underwent a complete transformation—new roof, wiring, insulation, electric, plumbing, kitchen, bathrooms, and more—blending classic architecture with today’s modern finishes. Natural light pours in through oversized windows and vaulted ceilings, illuminating crisp interiors and wide-open living spaces. Two original wood-burning fireplaces anchor the main-level living and family rooms with warmth and character. The open-concept kitchen features quartz waterfall counters, custom cabinetry, stainless steel appliances, and a seamless flow into the dining area and vaulted great room—perfect for both intimate dinners and lively gatherings. With four bedrooms in total—two on the main level and two upstairs with a bonus room—and 2 full baths on the second floor plus a full and half bath on the main level, the layout is ideal for both privacy and comfort. A dedicated home office offers flexibility for remote work or quiet study. Downstairs, the finished lower level expands the footprint of the home, featuring a spacious entertainment lounge and a fully equipped movie theater—an unbeatable amenity for cozy nights and summer screenings alike. Step outside to your sun-soaked backyard oasis, where a recently resurfaced pool (just five years ago) sits surrounded by an expansive bluestone patio. Whether hosting guests, lounging poolside, or enjoying serene evenings under the stars, this private setting delivers the full Hamptons lifestyle. Move-in ready with a newer roof (2023), top-of-the-line finishes, and every modern comfort—532 Blank Lane is a rare Water Mill opportunity that combines scale, style, and soul.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
2013
Living Area
3,500 sq ft
Lot Size
1.50 acres
Days on Market
40
MLS® Listing#
987428
Property Features
Interior
Appliances
Cooling
Heating
Basement
Pool
Parking
Utilities
Sewer
Water Source
Schools
- Elementary:
- Southampton Elementary School
- Middle:
- Southampton Intermediate School
- High:
- Southampton High School
Financial Details
Annual Taxes
$8,658
Parcel Number
0900-065-00-02-00-012-002
Affordability Calculator
$999,000
Estimated monthly payment
$26,585/mo
Principal $3,996,000 · Est. interest $5,574,776 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Water Mill, NY
- $1,000,000
- Median Listing Price
- 89
- Median Days on Market
- 4,108
- Median Sq Ft
- $1,108
- Median Price / Sq Ft
- 26
- Active Listings
- This home’s price is 400% above the area median.
- Its price per sq ft is 29% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Water Mill, NY.
Location
Points of Interest in Water Mill, NY
Showing the Water Mill area map.
Nearby Schools
Ross Lower School
School · 2.2 mi away
Hayground School
School · 2.3 mi away
Bridgehampton School
School · 3.4 mi away
Southampton High School
Secondary · 3.7 mi away
Southampton Intermediate School
Secondary · 3.7 mi away
The Children's School
School · 4.1 mi away
Our Lady of the Hamptons Regional School - Southampton
School · 4.1 mi away
Southampton Elementary School
Elementary · 4.1 mi away
Harbor Waldorf School
School · 4.2 mi away
Our Sons and Daughters
School · 4.2 mi away
Tuckahoe School
Elementary · 4.2 mi away
Sagaponack School
Elementary · 4.3 mi away
The Green School
School · 4.5 mi away
Alternatives for Children Southampton
School · 4.6 mi away
Sag Harbor Union Free School District Page
School · 5.1 mi away
Pierson High School
Secondary · 5.1 mi away
Southampton Montessori School
Elementary · 5.2 mi away
Sag Harbor Elementary School
Elementary · 5.2 mi away
Wainscott School
Elementary · 5.7 mi away
Ross School
Elementary · 6.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2 Strongs Lane, Water Mill, NY | $3,749,500 | 3 | 3 | 2,800 |
| 314 Mill Hill Road, Mill Neck, NY | $3,988,888 | 7 | 8 | 8,024 |
| 61 Lower 7 Ponds Road, Water Mill, NY | $4,095,000 | 4 | 4 | — |
| 1999 Deerfield Road, Water Mill, NY | $4,150,000 | 5 | 5 | 4,108 |
| 159 Factory Pond Road, Mill Neck, NY | $4,750,000 | 6 | 8 | 6,500 |
| 1366 Scuttle Hole Road, Water Mill, NY | $5,495,000 | 5 | 6 | 4,631 |
Moving Cost Estimate
EXIT Agents in Water Mill
Listing Courtesy: Nest Seekers International LLC - 6313533427
Presented by: Patrick Giugliano
Fair Housing Notice