Tour a Nine-Acre Pondfront Compound in Water Mill Brimming with Possibilities and Asking $4M

One of an older generation of rambling Hamptons residences, where generations of a single family might have summered, this late-19th-century estate in Water Mill borders a quiet, west-facing pond and includes nearly nine acres of magnificent specimen trees and wide, grassy expanses. Located at 61 Lower Seven Ponds Road—and priced to move at $3.995 million—the four-bedroom, four-bath home offers privacy, space, and endless potential in one of the Hamptons’ most sought- after hamlets.

While updating will likely be top-of-mind for most buyers, the 4,750-square-foot home is move-in ready with hardwood floors, two fireplaces, expansive entertaining spaces, several porches and patios, and a sunroom that opens onto a raised deck with outdoor dining. There’s also a barn and guest cottage, plus three unfinished rooms above the attached two-car garage, just waiting to be reimagined as an artist’s studio, gym, or home theater. Christopher Arelt of Nautilus Architects has even designed a conceptual expansion plan, illustrating how the estate might evolve while preserving its historic character.

Tailor-made for a variety of outdoor pursuits, the estate’s arboretum-like grounds and pond are perfect for kayaking, canoeing, archery, bird-watching, and fishing, plus there’s plenty of space to install raised beds for a vegetable garden. Other property perks include a sauna, a 40-foot gunite pool, and colorful sunset viewing over the pond, which becomes a private ice-skating haven come winter. Craig Beem of Brown Harris Stevens holds the listing.