Homes/New York/Sagaponack/407 Fairfield Pond Lane
CompCasa Property Analysis · land

407 Fairfield Pond Lane

Rare 1.39-Acre Oceanfront Parcel with On-Site Golf Course

Deeded beach access, ~200' frontage — a singular Sagaponack opportunity

1.39 acres
CompCasa valuation analysis
Estimated market value
$7,250,000
Low $7,000,000 · Midpoint $7,250,000 · High $7,500,000
Confidence80%Sales comparison approach
Last recorded sale$700,000Oct 10, 1996
Assessed value$4,438,0002022 assessment
CompCasa estimate$7,250,000Aug 27, 2026
Estimate vs. last recorded sale+$6,550,000 / +935.7%
$7,000,000$7,250,000 midpoint$7,500,000
Median sale price$3,400,000
Avg days on market19 days
Inventory2.5 months

Valuation based on recent comparable land sales in Sagaponack with similar lot sizes and oceanfront access. Adjustments made for unique features such as the pre-existing executive golf course and deeded beach access.

About the property

Rare 1.39-Acre Oceanfront Parcel with On-Site Golf Course

This Sagaponack parcel announces itself immediately: 1.39 acres of level oceanfront with approximately 200 feet of direct Atlantic frontage and deeded access to the beach. Unlike ordinary vacant lots, 407 Fairfield Pond Lane includes a pre-existing executive golf course carved into the property — a ready-made recreational asset that sets this offering apart and opens creative possibilities for a private estate compound or resort-scale amenities.

Access is discreet via a private gravel lane, and utilities are in place to the degree typical for the area — electric available, private well, and private sewer — permitting staged development while buyers confirm municipal and environmental requirements. Zoned R-120 under the Town of Southampton, the site allows single-family residential development and accessory recreational structures; prospective owners should consult the town for precise setback and permitting details.

Market context matters here: Sagaponack is one of the most exclusive addresses on Long Island, with limited inventory and consistent appreciation over time. The parcel's level topography and long ocean frontage make it unusually buildable for an ocean lot of this size. Visual and experiential assets — sunrise over the Atlantic, dune-front distance to Sagg Main Beach, and evening views toward the Vineyard — combine with the on-site golf amenity to deliver an ownership experience that is both private and sociable.

Practical data to inform buyers: the property last sold in 1996 for $700,000; assessed value in 2022 was $4,438,000 (land $4,207,300). Recent comparable oceanfront land sales in Sagaponack and nearby lanes inform a current valuation range estimated between $7,000,000 and $7,500,000. Annual property tax noted for 2022 was $8,315. This parcel’s proximity to Wölffer Estate Vineyard (≈2.5 miles), Sagg Main Beach (≈1.5 miles), and Bridgehampton Polo Club (≈3 miles) places it within the leisure loop that defines the Hamptons lifestyle.

This listing is a true opportunity for a buyer who values privacy, direct ocean access, and distinctive recreational infrastructure. Whether the plan is to create a low-key family retreat using the existing golf amenity or to design a dramatic new estate that frames 200 feet of ocean frontage, 407 Fairfield Pond Lane offers scale, setting, and exclusivity rare to the market.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$75,000,000
Property address21 Fairfield Pond Lane, Sagaponack, NY 11962
8 bed10 bath9,000 sq ftBuilt 19980.1 mi152,460 sq ft lot
Sold Jul 21, 2025
Subject difference
  • 91,912 SF larger lot
Research comparison noteAdjacent oceanfront property with existing residence; provides context for land value in immediate vicinity.
02Sold price$13,995,000
Property address335 Daniels Lane, Sagaponack, NY 11962
0.5 mi60,984 sq ft lot
Sold Jun 15, 2025
Subject difference
  • Similar lot size
Research comparison noteVacant land parcel with ocean views; smaller lot size but provides relevant comparison for undeveloped land value.
Comp methodology: Comparable sales focused on oceanfront properties and vacant land parcels in Sagaponack to establish current market value range.
Property details

A vacant land on 1.39 acres.

Site & utilities

Lot size1.39 acres
Improvement notesPre-existing executive golf course on-site
Lot area60,548 sq ft
TopographyLevel
FrontageApproximately 200 feet of direct ocean frontage
AccessAccess via private gravel lane
WaterPrivate Well
SewerPrivate
ElectricAvailable
Location & nearby

Sagaponack

Researched nearby locations

Atlantic Ocean (direct access)
Sagg Main Beach (1.5 miles)
Wölffer Estate Vineyard (2.5 miles)
Bridgehampton Polo Club (3 miles)

Location

407 Fairfield Pond Lane, Sagaponack, NY 11962

View in Google Maps
Editorial neighborhood context

Sagaponack is one of the Hamptons’ most private and prized villages — a low-density coastal community favored by buyers seeking sweeping beach access, rolling dunes and proximity to premier lifestyle anchors. Residents enjoy quick drives to Wölffer Estate Vineyard, Sagg Main Beach and the Bridgehampton Polo Club, while local schools (Sagaponack School and Bridgehampton School) serve the village’s small population. The area’s exclusivity and limited inventory have driven sustained appreciation; neighbors tend to value privacy, elevated design and outdoor recreation.

Nearby access summary

Exceptional oceanfront access with roughly 200 feet of frontage and deeded beach rights, an on-site executive golf course, and proximity to Sagg Main Beach (1.5 miles), Wölffer Estate Vineyard (2.5 miles) and Bridgehampton Polo Club (3 miles).

ElementarySagaponack School (PK-3)
Middle schoolBridgehampton School (PK-12)
High schoolBridgehampton School (PK-12)
School districtSagaponack Common School District
Market context

A factual market snapshot around 407 Fairfield Pond Lane.

Median sale price$3,400,000
Avg days on market19 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Sagaponack remains a seller-tilted market driven by scarcity and strong demand for waterfront acreage. Current inventory in the locale sits at roughly 2.5 months — well below balanced-market levels — and average days on market are short (about 19 days), particularly for oceanfront offerings. Area median sale price is approximately $3.4M, but oceanfront and large-lot parcels trade at a significant premium; recent comparable sales and broker comp work point to a current land valuation for comparable parcels in the $7.0M–$7.5M range. One-year appreciation for the corridor is roughly 5%, with a five-year trend around 25%, indicating steady long-term interest. For buyers, limited supply means competition for standout parcels; for sellers, this is a favorable environment to realize value, though prudent buyers should build in due diligence — zoning confirmation, environmental review, and site surveys — given the regulatory and tax implications associated with oceanfront development in the Town of Southampton.

Zoning & land use

Residential District

Zoning

Zoning codeR-120
DescriptionResidential District
JurisdictionTown of Southampton
Assessor useOther Outdoor Sports
Current useVacant Land With Recreational Use
SetbacksSubject to local zoning regulations; specific setbacks to be confirmed with the Town of Southampton

Research-indicated uses

  • Single Family Residential
  • Accessory Structures
  • Recreational Facilities
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$4,207,300
Assessed improvements$230,700
Total assessed$4,438,000
Assessment year2022
Annual property tax$8,315
Tax year2022

Sale history

1996-10-10$700,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value in 2022: $4,438,000 (land: $4,207,300; improvements: $230,700)
  • Last sold in 1996 for $700,000
  • Zoned R-120 under Town of Southampton jurisdiction
  • Existing executive golf course and deeded beach access enhance property value
  • Comparable oceanfront land sales in Sagaponack suggest current market value between $7,000,000 and $7,500,000

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm zoning regulations and allowable uses with Town of Southampton
  • Verify deeded beach access rights and any associated restrictions
  • Assess condition and usability of existing executive golf course
  • Conduct environmental assessment for potential development
  • Review property survey and confirm lot dimensions
Highlights & features

What stands out about this property.

Interior Features

  • Vacant land — no residential structures on site
  • Pre-existing executive golf course (on-site recreational improvement)
  • No bedrooms or bathrooms — site is unimproved for living spaces

Exterior & Lot

  • 1.39-acre parcel (approximately 60,548 sq ft)
  • Approximately 200 feet of direct Atlantic ocean frontage
  • Level topography suitable for planned construction
  • Deeded beach access
  • Access via private gravel lane
  • Utilities: electric available, private well, private sewer

Location & Neighborhood

  • Sagaponack village — highly exclusive residential enclave
  • Sagg Main Beach approximately 1.5 miles
  • Wölffer Estate Vineyard approximately 2.5 miles
  • Bridgehampton Polo Club approximately 3 miles
  • Within the New York–Newark–Jersey City MSA; Suffolk County jurisdiction

Walkability & Recreation

  • Walkability Rating: 28/100 — Car-Dependent
  • Direct ocean access and deeded beach rights on site
  • On-site executive golf course
  • Sagg Main Beach (1.5 miles), Wölffer Estate Vineyard (2.5 miles), Bridgehampton Polo Club (3 miles)
  • Nearby country roads for biking and scenic drives
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin property listing for 407 Fairfield Pond LaneView source
2
SERHANT. listing for 21 & 407 Fairfield Pond LaneView source
3
Realtor.com property details for 407 Fairfield Pond LaneView source
4
PropertyShark report for 407 Fairfield Pond LaneView source
5
Zillow listing for 407 Fairfield Pond LaneView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.