On Top of the World In Southampton. Pride-worthy acreage on one of the highest points in the Hamptons. Well over a dozen acres distributed among three lots, and being offered as one giant expanse to some lucky Mistress or Master of the Universe. Circular driveway could be in excess of half a mile in length - imagine the approach to your mountaintop Southampton estate. Room for everything that you could dream of - main house, guest house, staff house, swimming pools, tennis courts, freestanding garages, artist studios, world-class gardens, and more.
Property Details
Property Features
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 329-9400
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach
View: Park
Lot Features
Lot Information:
Lot: Views, Wooded
Lot Size: 13.34 Acres
Other
Directions Information:
Directions: gps
Price Information
Listing Price Info
Price Summary:
List Price: $8,000,000
Tax Information:
Annual Amount: $2,981
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Southampton, NY.
This property is $6.4M more than the Median Sold Price in Southampton, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY2
MLS Number: #L3588430
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 329-9400
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/22/2024, 10:11:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,981
$748,600
2019
$3,121
$748,600
2018
$2,850
$636,300
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$39.9K
Per Month
Principal & Interest
$39.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$24K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Southampton Elementary School
30 Pine St
Distance between this listing and this school3.01 miles
Public District Grades PK-4
6
/10
Hampton Bays Elementary School
72 Ponquogue Ave
Distance between this listing and this school7.31 miles
Public District Grades KG-4
6
/10
Sag Harbor Elementary School
68 Hampton St
Distance between this listing and this school7.57 miles
Public District Grades PK-5
Nearby Schools
6
/10
Tuckahoe School
468 Magee St
Distance between this listing and this school2.18 miles
Public District Grades PK-8
4
/10
Southampton Intermediate School
70 Leland Ln
Distance between this listing and this school2.91 miles
Public District Grades 5-8
5
/10
Hampton Bays Middle School
70 Ponquogue Ave
Distance between this listing and this school7.37 miles
Public District Grades 5-8
Nearby Schools
5
/10
Southampton High School
141 Narrow Ln
Distance between this listing and this school3.00 miles
Public District Grades 9-12
7
/10
Bridgehampton School
2685 Montauk Hwy
Distance between this listing and this school5.68 miles
Public District Grades PK-12
5
/10
Hampton Bays High School
88 Argonne Rd E
Distance between this listing and this school6.68 miles
The neighbors living near this home have an average income of $75,309. Residents of Southampton, NY typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1240 Majors Path
What is the listing price of this property?
The listing price of 1240 Majors Path property is $8,000,000.
What type of property is this?
The property 1240 Majors Path is land located in Southampton, New York, 11968.
Is this property for sale now?
Active Listing: 1240 Majors Path is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,981 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1240 Majors Path in Southampton, NY and zip code 11968 in the North Sea neighborhood. This home sits on a 13.34 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $8,000,000.
Over 2 listings were sold over their listed price in November 2024 in Southampton, NY. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. Listings spent 89 days on the market in November 2024, and had a median list price of $1,525,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
NASCAR
BJs Wholesale Club
Stein Mart
Dollar General
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information