92 Coopersmith Lane
About This Property
Spanning 5,063 square feet, this six-bedroom, six-and-a-half-bath residence features a dedicated first-floor office, ideal for remote work or private study, along with a detached carriage house, and backs directly to Deer Lake State Park-ensuring protected views and exceptional privacy.
The main living level is designed for elevated entertaining, anchored by a chef's kitchen with Thermador appliances, dual dishwashers, dual sinks, and an oversized island that flows seamlessly into the dining and living areas.. Expansive doors open to a private outdoor setting featuring a heated pool, in-ground hot tub new travertine pool tile and outdoor kitchen all positioned immediately off the living space for effortless indoor-outdoor living.
The second-floor primary suite offers a private retreat with an extended porch overlooking the preserved landscape, complemented by a thoughtfully designed laundry chute connecting directly to the second-floor laundry. Two additional en-suite bedrooms complete the level.
The third floor introduces a secondary living space and bunk room with full bath, while the fourth-story rooftop terrace captures panoramic views of both the Gulf and Deer Lake State Parkan elevated vantage point rarely found within Watersound Beach.
The carriage house provides additional privacy for guests, featuring a bedroom, full bath, kitchenette, and garage below. An extended driveway, ample guest parking, and dedicated golf cart spaces further enhance the home's functionality.
Located just minutes from the shoreline, Watersound Beach offers the widest private beach access on 30A, along with thoughtfully curated amenities including Puttering Park, DuneSider Pool & Meeting Hall, a fitness center, and convenient access to the Watersound Beach Club and The Big Chill.
A private coastal residence designed for those seeking scale, privacy, and permanence in one of 30A's most exclusive communities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by Corcoran Reverie SRB | $6,000,000 | |
| Listed by Corcoran Reverie SRB | |||
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by The Premier Property Group, LLC | $6,100,000 | |
| Listed by The Premier Property Group, LLC | |||
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Imbued with classic sensibilities, 92 Coopersmith draws you in, while its generosity of space will hold you there for generations to come. Never rented and always cherished, it rivals new construction that has already withstood the test of time -- a felt allure that comes from being in a properly designed space tastefully finished with traditional materials and fresh furnishings -- not to mention a backyard buffered by Deer Lake State Park. For even more exclusivity and privacy, don't miss out on getting the neighboring, undeveloped parcel to the south (before someone else does!) It is currently listed and available for sale by separate arrangement through a different owner/seller/listing agent (103 Coopersmith Lane, MLS 925446). With gracious indoor/outdoor living, a junior master, and The manager has listed the unit size as 5063 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017