Water Mill - Beach Property For Sale #5495721

Offering panoramic ocean and scenic vistas from one of the most elevated spots in the Hamptons, this 3.12+/- acre property is unmatched. Perched atop one of the highest points on the east end and abutting 20 acres of agricultural reserve, ultimate privacy and seclusion is achieved. Currently existing is a lovely 5,000 sq ft home with tennis with the ability to expand up to 12,000 sq ft, along with a possible carriage house (up to 6-8 cars), a guest house and a pool. Once developed, your end product will more than rival the competition in this space. A larger scale development opportunity is also available with additional neighboring lots - creating an unparalleled compound opportunity. Originally landscaped by esteemed LaGuardia Design Group, there is a multitude of mature hedging to use in future development. Just minutes from the ultra-private estate, you'll find premier dining, local shops, award-winning wineries with the inviting shores of Peconic Bay and the Atlantic Ocean in close proximity. Enjoy a view of all 18 holes of the Atlantic Golf Club, which perfectly complements the properties adjacent nature preserve.