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For sale
  • $67,500,000

    38 Mathews Rd, Wainscott, NY 11975

    8beds
    25,000sqft
    Single Family Residence
    Built in 2000
    25 Acres Lot
    $-- Zestimate®
    $2,700/sqft
    $-- HOA

    What's special

    Professional greenhouseDistinctive arched doorwaysFive-bedroom main residenceSix stone fireplacesPrivate dock and boathouseLong gated drivewayTwo working elevators
    Privately tucked away on a 25-acreA± peninsula fronting Georgica Pond, Burnt Point is a world-class waterfront estate redefining luxury living. Breathtaking in scale and setting, this 25,000 SFA± architectural masterpiece offers sweeping water views on three sides-capturing the tranquil beauty across Georgica Pond down to the Atlantic Ocean-and features over 2,000 feetA± of direct water frontage, along with a private dock and boathouse. Designed by renowned architect Francis Fleetwood and featured in Architectural Digest, the home was built with steel frame construction to the highest standards of craftsmanship. A long, gated driveway leads to a grand entrance with a covered porte cochere. Inside, the interiors curated by Brian O'Keefe and designer Marjorie Shushan evoke timeless elegance, with a recent reimagination by Michael Smith. Detailed with 200-year-old antique oak flooring, six stone fireplaces, and distinctive arched doorways. No two rooms are alike, and nearly every space is graced with panoramic water views. The estate includes a five-bedroom main residence and a fully self-contained, three-bedroom guest wing connected by a Cotswold stone breezeway. With 10 full bathrooms, 4 half baths, and two working elevators, the home is both spacious and thoughtfully functional. Amenities include a stunning waterside infinity-edge pool with waterfall spa, sunken Har Tru tennis court with viewing pavilion, screened outdoor dining area with limestone flooring and built-in barbecue, and extensive terraces crafted from European sandstone and Cotswold stone. Manicured lawns stretch to the water's edge, while a professional greenhouse, multiple garages accommodating up to 10 vehicles, and underground tunnels linking mechanical systems exemplify the estate's unmatched infrastructure. Just minutes from the East Hampton Airport and ocean beaches. This is more than a home; it's a legacy property and a rare Hamptons retreat where elegance meets serenity.
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    Zillow last checked:

    Listing by:

    Compass 631-324-1700,

    Ed Petrie - Associate Real Estate Broker 516-885-9365

    Source: Out East,MLS#: 388212

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 14
      • Full bathrooms: 10
      • 1/2 bathrooms: 4
      Rooms
      • Room types: Family Room, Laundry, Library, Office
      Cooling
      • Central Air
      Features
      • Basement: Yes
      • Has fireplace: Yes
      Interior area
      • Total structure area: 25,000
      • Total interior livable area: 25,000 sqft

      Property

      Parking
      • Parking features: GarageAttached
      • Has attached garage: Yes
      Features
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Waterfront
      • Frontage type: Waterfront
      Lot
      • Size: 25 Acres
      Details
      • Parcel number: 0300197000700012006

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2000

      Community & HOA

      Location
      • Region: Wainscott

      Financial & listing details

      • Price per square foot: $2,700/sqft
      • Tax assessed value: $263,200
      • Date on market: 4/15/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,285/mo

        Price history

        Price history
        DateEventPrice
        4/15/2026Listed for sale$67,500,000$2,700/sqft
        Source: Out East #388212 Report a problem
        3/24/2026Listing removed$67,500,000$2,700/sqft
        Source: Out East #388212 Report a problem
        4/28/2025Listed for sale$67,500,000+72%$2,700/sqft
        Source: Out East #388212 Report a problem
        2/3/2005Sold$39,250,000$1,570/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $263,200
        2023-- $263,200 -4.3%
        2022-- $275,000
        2021-- $275,000
        2020-- $275,000
        2019-- $275,000
        2018-- $275,000
        2017$145,075 $275,000
        2016-- $275,000
        2015-- $275,000
        2014-- $275,000
        2013-- $275,000
        2012-- $275,000 -3.2%
        2011-- $284,000 -0.5%
        2007$129,543 +15.2%$285,300
        2005$112,440 +4%$285,300
        2004$108,163 -0.2%$285,300
        2003$108,366 +1.5%$285,300
        2002$106,742 $285,300

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 11975

        Getting around

        2 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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