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For Sale


15 Magnolia Drive4D
Water Mill, NY 11976

Bed 4 br
Bathroom 4.5 ba
Sqft 2,591 sqft
An exciting new community is taking shape in the heart of Water Mill offering the ultimate in luxury and convenience, with classic Hamptons style in an easy-to-maintain manageable environment. Watermill Crossing will provide village living with full services and amenities, in homes inspired by quintessential Hamptons architecture. Materials and finishes of the highest quality are a hallmark of Watermill Crossing and no detail has been overlooked in curating this best in class living experience. Sited on manicured 6.4 acres and ready for occupancy in 2023, 38 new homes are being built by highly regarded JS Squared, a multidisciplinary real estate development company, with architectural design by McDonough & Conroy and interior design by Mabley Handler. This two-story home is 2,591+/- sq. ft. with 4 bedrooms, 4.5 baths, a basement and attached garage. Light-filled open main floor living spaces flow easily among a living room with fireplace, dining area, and eat-in kitchen with top-of-the-line stainless steel appliances and quartz countertops, and island seating. Options vary for bedroom configuration, with certain homes offering convenient first floor master suites while in others the first floor is dedicated to the living areas with all bedrooms upstairs. In some units an elevator option will be present as will the ability to flex an upstairs bedroom into a separate office or den. The community will include a centrally located clubhouse set amid beautiful landscaping and featuring a fitness room and locker room with showers, a great room with fireplace opening to a covered porch, a comfortable lounge with card tables, a food prep area and wet bar, and a powder room. Outdoors amidst a large stone patio sits an oversized gunite pool and separate spa. Watermill Crossing is adjacent to The Mill, where there is Soul Cycle, Provisions Natural Food Market, Bistro Ete and more, and Hampton Coffee Company is across the street. Just to the east is a community park, ball fields Read More

Market Status
Last Updated
May 11, 2022

Property Type
Year Built
4 BR
4 full BA; 1 ½BA
Heating System
Fireplace; Forced Air
Central Air
Heating Fuel
Natural Gas
Exterior Construction
Cedar Siding
Property Type
Residential; Townhouse
Living Room
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath; Recreational Room

Local Market Conditions

There are currently 23 properties for sale in the Water Mill, NY area with the average listing price of $11,536,653. This represents an increase of +26.5% over the previous week. To learn more about the Water Mill, NY area, contact a local expert!

Market Snapshot for Water Mill, NY

Avg. Listing Price


Wk ending May 14










Average Listing Price for Water Mill, NY
No. BedroomsNo. Beds Week Ending
(May 14)
w-o-w Week Ending
(May 7)
Week Ending
(Apr 30)
Week Ending
(Apr 23)
All PropertiesAll $11,536,653 +26.5% $9,121,955 $9,439,666 $9,519,909
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR - +0.0% - - -
3 bedrooms3 BR $1,300,000 -84.3% $8,295,000 $8,295,000 $8,295,000
4 bedrooms4 BR $10,686,250 +0.0% $10,686,250 $10,686,250 $10,029,000

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Listing Provided By:

Jennifer Wilson

Saunders & Associates - East Hampton Office

This $2,395,000 Townhouse at 15 Magnolia Drive in Water Mill, NY is offered by Jennifer Wilson. This $2,395,000 Townhouse, located in the 11976 zip code, has the following property features: Garage, Heating System, Living Room, Property Type. This 15 Magnolia Drive Townhouse is listed under MLS listing number 11044808, has 4 beds, 5 baths, and has a listing price of $2,395,000. You can find more Water Mill homes for sale here.

Copyright © 2022 NY State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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