Buyer interest continues to surge at Watermill Crossing. Drawing worldwide interest, Hamptons-based Saunders & Associates agents Jennifer Wilson and Ed Bruehl have secured deals for luxury townhomes ranging from $2.195M to $2.895M.
Buyers have recognized the underlying value presented at Watermill Crossing. Slated for completion in Fall 2023, and with only a few units still available.
With construction now well underway, the townhomes are taking shape. The project has been a success since its inception, with many units in contract before any shovels were in the ground. “Since day 1, everyone involved has worked together to offer buyers an unmatched opportunity in the Hamptons. Inspired design executed with masterful construction in a safe community and perfectly priced, positioned, and marketed to attract the right buyers at the right time,” adds Bruehl.
Continued momentum attests to the value of these unique properties both as investments and year-round residences. The positive reception reflects a broader change where, “The Hamptons is no longer just a summer destination and investment. Today’s year-round buyers want to enjoy their Hamptons home with full-service, easy living all year,” said Wilson and Bruehl.
Developed by JS Squared and designed by McDonough & Connoy Architects, Watermill Crossing features 34 luxurious townhomes ranging from 2,500–2,800 sq. ft. with 3–4 bedrooms and 4 baths. Built by Racanelli Construction with landscape design by Araiys Design of Southampton. Common area interior spaces were created by Mabley Handler Interior Design.
Each townhome showcases European custom Italian designed kitchens with Sub Zero/Bosch appliances, Wolf 6 burner 36″ gas ranges, white cabinets with grey cerused accents, oak wide-wood floors, and natural gas fireplaces. Charming neighborhood character created with thoughtful landscaping, park-like grounds, sidewalks, red cedar shingled roofs, cedar shingle/white board and batten siding, and private fenced backyards. A centrally located, state-of-the-art community clubhouse and pool offers many luxurious amenities, including fitness center, locker rooms with showers, great room, lounge with card tables, food prep area, oversized pool, patio and spa, and EV charging stations.
Spanning 6.4 acres in the heart of the Hamptons, Watermill Crossing is a new development at 66 Nowedonah Avenue, just off of Montauk Highway, near the Parrish Art Museum. The Hamlet of Water Mill is located between Southampton and Bridgehampton and was listed by Forbes as the 14th most expensive ZIP code in the US in 2022, with a $3.745M median sale price.
While low inventory has impacted the Hamptons’ housing market, Watermill Crossing has emerged as one of the most attractive offerings available in the Hamptons today. Wilson adds, “These luxury townhomes are creating a real buzz around the country and the world. We’ve formed partnerships with brokers in Miami and internationally—the interest has been awesome. It’s obvious that Watermill Crossing has what buyers want—luxurious community living in the Hamptons.”
“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.”
Wilson is excited about what’s happening in the Southampton hamlet, adding, “Water Mill Village is poised for a total transformation with the most recent sale of the Mill and the robust sales at Watermill Crossing; it’s a really exciting time for Water Mill!”