Opportunity abounds with this waterfront, 4+ bedroom, 4-bathroom, approximately 2,400SF home on a large lot, south of the highway in Southampton. Panoramic views of Shinnecock Bay, low taxes and potential to add a pool & dock are just a few of its intriguing features. The stone paved driveway is large enough for multiple cars and boats. A pergola and deck off the back of the house with built-in bench seating and lounging areas provide abundant outdoor living space and take full advantage of the amazing waterfront views. The home's interior offers an excellent layout for hosting guests and entertaining. Enter into a formal living room with a marble fireplace and French doors leading out to the sun-drenched yard. An eat-in kitchen with custom cabinetry leads out to the deck through French doors that let in natural light and water views. A more casual family room off the kitchen offers a comfortable place to relax. A first-floor primary suite includes a marble bathroom with a soaker tub, separate glass-enclosed shower and a steam room. A convenient powder room completes the first floor. Upstairs are three guest bedrooms, a full bathroom, an office and a sitting area with direct access to a balcony and stairs down to the main deck. This layout could also work well for a mother/daughter set up or passive rental income. Completing this property is a detached cabana/artist's studio. Enjoy the beauty of this waterfront location while also being close to the village.