Dated October 28, 2025, at precisely 12:42:02 UTC, this remarkable announcement marks the unveiling of one of New York State’s most exceptional and extravagant residential listings. A grand estate located in the prestigious community of Water Mill, nestled within the Hamptons, has entered the market with an extraordinary asking price of $125 million. This immense and impeccably designed property, currently recognized as the most expensive residence offered for sale anywhere in New York, exemplifies sophistication and exclusivity at the highest tier of real estate prestige.
The estate’s listing is presented by Bespoke Real Estate, a brokerage renowned for managing elite and high-value properties. The compound’s record-setting price point not only surpasses the lavish penthouses of Manhattan but also exceeds even the most opulent coastal mansions scattered throughout other Hamptons locales. Nevertheless, its valuation, while astonishing, remains significantly below the national record for U.S. residential property transactions — that distinction belongs to financier Ken Griffin’s 2019 acquisition of a Manhattan penthouse for an unprecedented $238 million. In comparison, the Water Mill estate occupies a distinctive position, balancing architectural artistry with pastoral tranquility.
Spanning more than 80 acres of pristine land, the property represents the pinnacle of privacy and refined country living. Composed of three contiguous parcels of land, it is surrounded by expanses of protected farmland and preserved nature reserves, lending the entire compound an atmosphere of secluded serenity. According to property records obtained by The Wall Street Journal, developer Ben Ashkenazy and his wife assembled the estate through two separate purchases made in 2015 and 2016, investing a total of $26.7 million at the time to secure the grounds that now form this incomparable retreat. The result is a residence defined not merely by magnitude but by masterful planning and craftsmanship.
Water Mill, a locale positioned gracefully between the celebrated Hamptons enclaves of Southampton and Bridgehampton, has earned acclaim for its rolling agricultural landscapes, gentle sea breezes, and discreetly luxurious estates. Home to a community that values understated wealth and exclusivity, it offers immediate access to pristine beaches, marinas, and charming village centers brimming with high-end restaurants, artisan markets, and boutique shops catering to refined tastes. It is within this rarefied context that the $125 million estate finds its identity — both as a private sanctuary and as an architectural statement of enduring grandeur.
The property’s design extends far beyond that of a traditional country home. In essence, it functions as a fully equipped equestrian compound — a rarity even among the Hamptons’ most prestigious holdings. The grounds feature an extensive horse-training facility, complete with professional-grade arenas, paddocks, and boarding accommodations. This equestrian center, known as Pinnacle Farm, is one of the largest of its kind in the region, offering both indoor and outdoor riding rings, multiple jumping courses, storage barns, and twenty stalls designed for the comfort of horses and riders alike. For equestrian enthusiasts, the property stands as nothing short of a personal paradise tailored to a passion for horsemanship.
At the heart of the estate stands the 20,000-square-foot main residence, designed and built by Jeffrey Collé — one of the Hamptons’ most respected custom homebuilders, admired for his meticulous attention to detail and collaboration with high-profile clients such as Alec Baldwin and Billy Joel. Collé’s signature craftsmanship is evident throughout the residence, marrying modern luxury with traditional Hamptons architectural charm. The mansion’s interior encompasses eight spacious bedrooms, nine full bathrooms, and four powder rooms, providing both grandeur and functionality for large-scale entertaining or private family living.
Inside, the home exudes an atmosphere of cultivated refinement. Expansive living and dining rooms effortlessly connect to open-air terraces and sun-drenched patios, offering panoramic views of the surrounding countryside and ocean-bound horizon. Each design element speaks to balance and proportion—from the imported wood-burning fireplaces originating from 17th- and 18th-century French châteaux, to the bespoke bathtubs meticulously carved from Verona stone. Such details elevate the property far beyond conventional standards of opulence, creating an ambiance more akin to an elegant European estate than a contemporary American residence.
Outdoors, the estate continues to impress with leisure amenities and architectural flourishes reminiscent of a private resort. Lush gardens, manicured lawns, and an elevated colonnaded terrace frame the property’s vistas of agricultural land and nature preserves. A sunken tennis court, strategically designed to limit exposure to coastal winds and to maintain privacy, complements a striking pool and cabana area ideal for summertime recreation. Every exterior element serves both aesthetic and functional roles, together forming a seamless environment of comfort, recreation, and visual harmony.
In totality, the Water Mill estate represents much more than a luxury home; it is an emblem of the Hamptons’ evolving identity. Once overlooked in favor of higher-profile destinations such as Montauk or East Hampton, Water Mill increasingly attracts discerning buyers drawn to its understated glamour and peaceful exclusivity. According to data from Zillow, as of September 2025 the average residential price in Water Mill reached $4.7 million — a 2.9% annual increase — a figure that underscores the rising demand for properties that combine rural seclusion with sublime coastal access.
Thus, this $125 million listing not only sets a landmark for New York’s real estate market but also encapsulates the essence of Hamptons luxury: a harmonious blend of natural beauty, artisanal craftsmanship, recreational indulgence, and timeless architectural artistry. For the select few capable of acquiring such a residence, this estate promises an experience that surpasses ordinary notions of domestic life — offering, instead, a rare convergence of privacy, prestige, and perfection on an extraordinary scale.
Sourse: https://www.businessinsider.com/expensive-home-for-sale-new-york-photos-2025-10
