Updated Oct 19, 2026
Sheri Winter Parker Of The Corcoran Group Represents Sale Of $15M Waterfront Estate In Peconic
4170 Indian Neck Lane
$15,000,000
$2,142/SF
Building Size
7,000 SF
Asset Type
Single Family
Closing
Oct 16, 2026
About this deal
AI
A 77-acre waterfront estate located at 4170 Indian Neck Lane in Peconic has been sold for $15 million. This property features a house with a total area of roughly 7,000 square feet, alongside barns and a pool. The estate was previously marketed as part of a larger five-parcel, 148-acre estate with an asking price of $36 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,000,000
- Square Footage: 7,000
- Price Per Square Foot: $2,143
- Address: 4170 Indian Neck Lane
- Market: Peconic
- Broker: Sheri Winter Parker - The Corcoran Group
This transaction was facilitated by Sheri Winter Parker, representing the seller. The sale has set a record for the most expensive residential parcel sale on the North Fork.
On the Map
$15,000,000
$2,142/SF
Single Family
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Peconic Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93