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198 Two Holes of Water RoadEast Hampton, NY 11937

For Sale

$5,450,000

Smart Buyer Rebate $54,500

Think out of the box and live it up in your own 9,000 sqf Hampton Oasis (Private Retreat) strategically designed and positioned on over 10 acres of serene natural privacy with an all-weather tennis court, a 52 x 27 heated gunite pool, a Sunset Beach-inspired 2-level Hampton Cabana, and so much more. Truly unique, elegant, and very spacious, this 6-bedroom, 7-bath residence is equipped with an elevator connecting all 3 levels and a 4-car garage. This modern architectural gem underwent a stunning (meticulous) 2019 gut renovation throughout, including a high-end custom professional chef's kitchen with top-of-the-line stainless steel appliances, a 20-foot bar, 2 sets of Wolf ovens, 2 sets of Miele dishwashers with a Sub Zero induction station, a Sub Zero refrigerator, as well as a generous walk-in pantry with a sink for the most discerning chefs and entertainers alike. This spectacular residence further offers 2 sets of wet bars, one on each floor, equipped with its own Subzero wine coolers and freezers, and 2 sets of full laundry rooms, as well as a state-of-the-art built-in sound system and a state-of-the-art Lutron light system throughout the entire residence. An additional kitchen for your guests on a separate floor adds to the entertainment on a large scale. A dramatic glass atrium stretches to an elegant dining room with a stately double-sided wood-burning fireplace, soaring 38 x 42 living room, where all seamlessly merges for an ultimate enjoyment of this unique sun-drenched warm space elegantly lit by multiple sky windows and oversized glass windows and doors with sweeping views of the property and nature in all its glory. Multiple generous en suites are complemented by high-end steam showers and luxurious private baths. A 3,000-square-foot wraparound deck stretches across two levels, offering panoramic views of the surrounding natural beauty and a spectacular sun-tanning experience. The luxurious primary suite is its own private and serene retreat, featuring a spa-like bath, luxurious steam shower, and direct access to a private deck. The lower level features an infrared sauna adjacent to a full bath with a steam, a full workout gym with a meditation and playroom area, a walk-in cedar closet, and this one-of-a-kind gem renovated with family, entertainment, health, fitness, fun, and K9 in heart is the ultimate dream for dog and nature lovers with its custom-designed luxurious K9 feeding and grooming room, which opens up directly to a private, fully fenced-in, lush 0.25-acre dog run and play area, further accompanied by a one-mile trail through the property. Your private Hamptons resort with Central Park-like grounds, just minutes to the bay or ocean, is conveniently located near some of the best hiking and biking trails in the Hamptons, as well as the very best of shopping and dining, just moments from the Villages of East Hampton and Sag Harbor. This is more than just a home-it's a rare, turnkey retreat where timeless design, unmatched privacy, and a prime location come together in perfect harmony.

Listed by Hara Kang

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Douglas Elliman Real Estate

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631-329-9400

Listed by Justin W. Agnello

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Douglas Elliman Real Estate

Last updated September 26, 2025

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Source: OneKey #913434

Listing Facts

  • TypeSingle-family
  • NeighborhoodNorthwest Harbor
  • Bedrooms6
  • Bathrooms8
  • Days on Prevu39
  • Taxes$21,356/year
  • Size9,000 sqft
  • Price per sqft$606

Amenities

  • Dishwasher
  • Air Conditioning

Location

Mortgage Calculator

Listing History

09/26/2025
Price Decreased
$5,450,000
09/16/2025
Listed by Douglas Elliman Real Estate
$5,950,000

Property Details for 198 Two Holes of Water Road

Exterior

Construction

  • Year Built: 1980
  • Architectural Style: Modern
  • Construction Materials: Frame

Features

  • Pool Private: Yes

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $21,356.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven
  • Fireplace: Yes
  • Interior Features: First Floor Bedroom, First Floor Full Bath

Measurements

  • Living Area: 9,000
  • Living Area Source: Public Records

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 6
  • Rooms Total: 2

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes

Schools

Elementary School

  • Elementary School: John M Marshall Elementary School
  • Elementary School District: East Hampton

High School

  • High School: East Hampton High School
  • High School District: East Hampton

Middle or Junior School

  • Middle Or Junior School: East Hampton Middle School
  • Middle Or Junior School District: East Hampton

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Cesspool
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Well

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.