8 months on rocket

5 Michaels Way, Westhampton Beach, NY, 11978

$7,650,000

7 Bedrooms
9 Full Baths, 1 Partial
9,200 SqFt
$832/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Private
Year Built2024
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #L3539959
StatusActive

About 5 Michaels Way

Welcome to the paragon of luxury estate living at 5 Michaels Way, Westhampton Beach. This stunning new construction is nestled in the heart of the Village on a private road and will feature an impressive array of 7 generous bedrooms, 9 and a half bathrooms, and a 3-car garage. The opulent 1.3-acre residence will span over 9,000 square feet plus an additional 4,000 square feet of unfinished basement. The primary level features a sprawling open floor plan that includes a private primary wing complete with its own fireplace sitting room, walk-in closet, and covered porch. This level continues to impress, showcasing an open living room, captivating fireplace, dedicated laundry room, en-suite den, en-suite office, and a full unparalleled gourmet chef's kitchen featuring a spacious island, exceptional walk-in wine display, high-end appliances, and custom millwork. Ascend the stunning staircase to the second level where you will find 6 additional en-suite bedrooms as well as a centralized sitting room with seamless access to the balcony. To complete this Hamptons Estate, outside you will be pleased to find a custom-built outdoor kitchen and fireplace as well as a Gunite pool, pool house, and outdoor shower. This home is not just a residence but a beacon of architectural brilliance and sophisticated living, perfect for both grand entertaining and serene private moments. Experience the zenith of luxury estate living with world-famous ocean beaches, marinas, boutiques, restaurants, performing arts centers, and golf all close at hand., Additional information: Interior Features:Guest Quarters,Lr/Dr

Property Details

Property Features

Property Information:

  • Architectural Style: Estate
  • Year Built: 2024
  • Living Area: 9,200 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (631) 288-6244

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Gas Water Heater
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, First Floor Bedroom, Master Downstairs, Primary Bathroom, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Gas Grill

Parking Information:

  • Parking: Attached, Private

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South Road to 5 Michaels Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,650,000
  • Price Per SqFt: $832/SqFt

Tax Information:

  • Annual Amount: $3,172
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Westhampton Beach, NY.

Med. Sold Price

$1.8M

Med. Price/SqFt

$855

Avg. Days On Market

40

# of Sold Homes

7

5 Michaels Way vs Westhampton Beach

268 DAYS ON ROCKET

+228 Days

$7,650,000

+$5.8M More

$832/SqFt

-$24 Less

KEY TAKEAWAY

This property is $5.8M more than the Median Sold Price and $24/SqFt less than other homes in Westhampton Beach, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3539959

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (631) 288-6244

IDX 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.

IDXThe 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: 12/18/2024, 7:12:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2020Home Sold
$1,300,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,172$1,101,600
2019$11,304$1,101,600
2018$8,760$1,101,600

History based on county public records data.

Payment Calculator

$38.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23K

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.

Nearby Schools

school-card-donut-4436739
6
/10
  • Westhampton Beach Elementary School

  • 379 Mill Rd

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-4436740
4
/10
  • Remsenburg-Speonk Elementary School

  • 11 Mill Rd

  • 2.23 miles

  • Public District Grades KG-6

school-card-donut-4436741
8
/10
  • Quogue Elementary School

  • 10 Edgewood Rd

  • 2.57 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,875. Residents of Westhampton Beach, NY typically earn between $100k-200k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Michaels Way

What is the listing price of this property?

The listing price of 5 Michaels Way property is $7,650,000.

What type of property is this?

The property 5 Michaels Way is a house located in Westhampton Beach, New York, 11978.

Is this property for sale now?

Active Listing: 5 Michaels Way 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 $3,172 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 20, 2020 for $1,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5 Michaels Way has 7 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Michaels Way is 9,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Michaels Way is 2024.
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Rocket HomesNew YorkSuffolk CountyWesthampton Beach119785 Michaels Way

This home is located at 5 Michaels Way in Westhampton Beach, NY and zip code 11978 in the Town of Southampton neighborhood. This 9,200 square foot home was built in 2024. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $7,650,000.

In November 2024 more than 1 listings in Westhampton Beach, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. Between October 2024 and November 2024, Westhampton Beach, NY real estate market has seen decrease in the number of listings by 7.1%. While the average time on the market in November 2024 was 40 days, the median list price was $1,800,000.

From Rocket Homes Real Estate and based on county public records data.

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