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.
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.
See the properties helping shape the valuation.
Comparable sales
- 91,912 SF larger lot
- Similar lot size
A vacant land on 1.39 acres.
Site & utilities
Sagaponack
Researched nearby locations
Location
407 Fairfield Pond Lane, Sagaponack, NY 11962
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.
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).
A factual market snapshot around 407 Fairfield Pond Lane.
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.
Residential District
Zoning
Research-indicated uses
- Single Family Residential
- Accessory Structures
- Recreational Facilities
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
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
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.