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$4,995,000
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Property 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.
Full Property Details
Full Property Details for 532 Blank Ln
General
- Price: $4,995,000
- Taxes: $8,658
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 987428
- Updated: 4/20/2026
- Added to Site: 39 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: First Floor Full Bath, Beamed Ceilings, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Chefs Kitchen, Entrance Foyer
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In-Ground
Parking
- Parking Features: Driveway
Location
- County: Suffolk County
School Information
- High School District: Southampton
- Elementary School: Southampton Elementary School
- Middle School: Southampton Intermediate School
- High School: Southampton High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Detached
- Construction: Advanced Framing Technique
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 3500
- Square Feet: 3,500
- Sq. Ft. Source: Other
- Year Built: 2013
Lot Features
- Lot Size (Acres): 1.5
- Lot Size (Sq. Ft.): 65,340
Financial Considerations
- Tax Amount: $8,658
Disclosures and Reports
- Special Conditions: None
- Property ID: 0900-065-00-02-00-012-002
Listed by Nest Seekers International LLC
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Schools
Schools serving 532 Blank Ln
School District:Southampton Union Free School District
| Name | Grades | Distance |
|---|---|---|
Southampton Intermediate School 70 Leland Lane, Southampton, NY 11968 | 5-8 | 3.7 mi |
Southampton Elementary School 30 Pine Street, Southampton, NY 11968 | PK-4 | 4.1 mi |
Southampton High School 141 Narrow Lane, Southampton, NY 11968 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 532 Blank Ln
Date
Details
Price
Change
Source
4/20/2026
Listed
$4,995,000
149.75%
MLS
2/26/2015
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 532 Blank Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,485
3%
$2,020,500
—
2020
$8,222
—
$2,020,500
—
2016
$8,225
4%
$2,020,500
—
2020
$7,930
-3%
$2,020,500
4%
2018
$8,212
-1%
$1,951,300
—
2017
$8,292
-3%
$1,951,300
—
2016
$8,538
7%
$1,951,300
11%
2015
$8,002
-1%
$1,765,800
—
2015
$8,108
-10%
$1,765,800
-11%
2014
$8,983
1%
$1,976,000
—
2013
$8,886
—
$1,976,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 532 Blank Ln
532 Blank Lane, Water Mill, NY 11976 (MLS# 987428) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 532 Blank Lane is currently listed for $4,995,000 and was received on April 20, 2026. Want to learn more about 532 Blank Lane? Do you have questions about finding other Single Family real estate for sale in Water Mill? You can browse all Water Mill real estate or contact a Coldwell Banker agent to request more information.
