Skip main navigation
Sold for $20,500,000
  • $20,500,000

    217 Rose Hill Rd, Water Mill, NY 11976

    8beds
    7,900sqft
    Single Family Residence
    Built in 1925
    5.27 Acres Lot
    $-- Zestimate®
    $2,595/sqft
    $370,325 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $370,325/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $370,325/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $370,325/mo

    Rent Zestimate®

    Refinance and save

    $147,207/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $147,207/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    A rare blend of pedigree and opportunity, this estate on Rose Hill Road combines the timeless charm of a 1925-built Georgian residence with expansive development possibilities on its prime 5.27-acre+/- waterfront parcel. Crafted by the noted early 20th-century architects Frank Goodwillie and William E. Moran, the property boasts historic allure while offering vast potential for transformation. Set on 5.27 acres+/- with 330' of prime water frontage+/-, this estate holds substantial development possibilities. Zoning and FEMA Zone X classification allow for the potential subdivision of the property, making it ideal for creating a large, private compound or subdividing the property to fit multiple full programs. The land provides ample space to envision a large main residence, private tennis or pickleball courts, and a waterside heated gunite pool and spa with a pool house. These development capabilities make this an extraordinary opportunity for discerning buyers to build an estate tailored to personal vision and lifestyle.

    Zillow last checked: 7 hours ago

    Source: Out East,MLS#: 385037

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Cooling
    • Central Air
    Features
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 7,900
    • Total interior livable area: 7,900 sqft

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Features
    • Has private pool: Yes
    • Pool features: Heated
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Lot
    • Size: 5.27 Acres
    Details
    • Parcel number: 0900115000300002000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1925

    Community & neighborhood

    Community
    • Community features: Room for a Tennis Court
    Location
    • Region: Water Mill

    Price history

    DateEventPrice
    1/20/2026Sold$20,500,000-18%$2,595/sqft
    Source: Public Record Report a problem
    9/25/2025Pending sale$25,000,000$3,165/sqft
    Source: Out East #385037 Report a problem
    11/26/2024Listed for sale$25,000,000$3,165/sqft
    Source: Out East #385037 Report a problem
    11/25/2024Listing removed$25,000,000$3,165/sqft
    Source: Out East #28270 Report a problem
    6/3/2024Listed for sale$25,000,000+38.9%$3,165/sqft
    Source: Out East #28270 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $8,412,400 0%
    2023-- $8,412,700 +0.1%
    2022-- $8,400,600

    Find assessor info on the county website

    Neighborhood: 11976

    Nearby schools

    GreatSchools rating