A Water Mill Estate Last Sold as Part of the Highest Hamptons Sale of 2021 Lists for $72M

A Water Mill mansion that was part of the Hamptons’ biggest sale of 2021, and the second-highest sale in Hamptons’ history, is up for grabs. The monumental 2021 deal encompassed four properties, according to Behind the Hedges, and closed for $118.5 million. This palatial portion of it, newly given the address 71 Cobb Lane, is now asking $72 million.

Set upon its own peninsula of over nine acres, the lavish coastal home designed by Barnes Coy Architects looks out to Burnett Creek, Mecox Bay, and the Atlantic Ocean. One’s first impression starts at the long gated driveway, lined by pristinely manicured trees. At the end, the imposing 17,173-square-foot home presents itself.

Once inside, an abundance of windows beckons light into every corner of the home, illuminating the eat-in chef’s kitchen, entertaining spaces, as well as the formal dining room. While it’s hard to capture the interior’s opulence in one sitting, the property’s 21 bedrooms and 22 bathrooms (including full and half baths) do their part to show it.

The backyard is just as expansive, featuring a saltwater pool and spa with neighboring entertaining areas, then opening out onto 3,173 feet of private shoreline and dock access to Mecox Bay. Alongside the water-oriented activities, the estate includes a tennis court and basketball court, as well as a two-level pool house with a gym, sauna, arcade, and additional kitchen.

Seeking a staggering sum, Hedgerow Exclusive Properties holds the listing.