Hamptons-based Saunders & Associates’ agents Ed Bruehl and Jennifer Wilson have secured over $40M in deals selling luxury townhomes ranging from $2.1M to $2.9M at Watermill Crossing. The luxury townhome development is slated for completion in fall 2023 and is located in the heart of the Hamptons.
A year from completion, the project is off to a great start, with 17 of the 34 townhomes under contract. “The success of this project is directly attributable to the developer’s focus on building quality new homes in a safe community and pricing it perfectly for the new post-Covid buyer who wants a year-round easy-living lifestyle,” said Bruehl.
Developed by JS Squared, Watermill Crossing features 34 luxurious townhomes designed by McDonough & Conroy Architects, with townhomes ranging from 2,500 to 2,800 sq. ft., offering 3 to 4 bedrooms and 4 baths. Watermill Crossing is being built by Racanelli Construction, with landscape design by Araiys Design of Southampton. Interior spaces were created by Mabley Handler Interior Design.
Each townhome features European custom Italian designed kitchens with Sub Zero/Bosch appliances, Wolf 6 Burner 36″ Gas Ranges, white high gloss cabinets, white oak wide-wood floors, and natural gas fireplaces. Charming neighborhood character created with thoughtful landscaping and park-like grounds, sidewalks, red cedar shingled roofs, cedar shingle/white batten siding, and private fenced backyards. Additional amenities on the property include a centrally located clubhouse featuring a fitness room, locker rooms with showers, a great room and lounge with card tables, a food prep area, and a wet bar. A patio surrounds an oversized pool and spa. There are charging stations for electric vehicles.
Spanning 6.4 acres, Watermill Crossing is a new development at 66 Nowedonah Avenue, just off Montauk Highway, near the Parrish Art Museum. Located between Southampton and Bridgehampton, Water Mill was listed as the fourteenth most expensive ZIP code in the United States by Forbes in 2022, with a $3.745M median sale price. Water Mill is the only hamlet on Long Island with both a watermill and a windmill. The 17th-century Grist Mill from which Water Mill takes its name is a short distance from the townhomes and is still maintained as a museum. The mill is emblematic of this hamlet’s quaint character.
“There are not many new area developments, and this is one of the most exciting real estate opportunities in the Hamptons,” said Andrew Saunders, President of Saunders & Associates. “We are delighted to see how well received these townhomes have been by local and international buyers.”
“This new Hamptons development is creating quite a buzz around the country and the world, as reaching buyers beyond the Hamptons has been frequent and reoccurring,” Wilson noted and added, “We formed partnerships with brokers in Miami and Internationally, and the interest has been awesome as the global buyer wants luxury community living.”
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