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$4,907,587
List Price: $4,995,000
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532 Blank Lane
House in Water Mill •  building info
4bd • 4.5ba • 3,500ft² $1,427 per ft²
Buy with Yoreevo

$4,907,587

List Price

$4,995,000

Key Details
Days on market
5
Last price change
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Estimated payment
$27,675/mo
Taxes
$722/mo
Maintenance
N/A
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.

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Home features
Dishwasher
Fireplace
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$4,995,000
Asking Price: $4,995,000
Term
30 Years
Down Payment
$499,000 (10%)
Min: 10% (499,000)
Rate
6.0 %
Mortgage Amount
$4,495,500
Mortgage Payment
$26,953
Taxes
$722
Estimated Yoreevo rebate
$87,413
Estimated closing cost
$189,000
Total monthly cost $27,675
Buy your dream home with us and get an estimated $87,413 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Nest Seekers

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