| Water Mill is a census-designated place (CDP) in Suffolk County, New York, USA, and a hamlet of the Town of Southampton. The population was 1,724 at the 2000 census.
Water Mill is the correct name as per local government and the United States Postal Service. Its ZIP code is 11976.
Water Mill is considering incorporating as a village following the unsuccessful attempt by Dunehampton, New York to incorporate. Dunehampton's incorporation would have cut Water Mill off from the Atlantic Ocean beaches. Sagaponack, New York incorporated because of this.
In 1644, England gave Edward Howell received 40 acres of land near the new settlement of Southampton to build a mill for settlers to grind their grain into meal. It became a landmark, and people began referring to other settlements that popped up as "east or west of water mill." By the 1800s, the area was known as Water Mills and was later changed to Water Mill. Today, the hamlet boasts its status as the only settlement on the South Fork of Long Island with both a functioning watermill and windmill.
Water Mill's ZIP code (11976) was listed as the 6th most expensive ZIP code based on median house price in 2006 according to Forbes Magazine with a median house price of $2,150,000. Its Southampton cohort Sagaponack, New York (11962) was #1 with a median price of $2,787,500. They were the only two New York zips in the top 10 although Mill Neck, New York (11765) in Nassau County, New York on Long Island was #11 at $1,900,000 and TriBeCa (10013) in New York City was #12 at $1,875,000.
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