The price listed ($3,295,000) is for Land and Building and Site Plans only. Perhaps one of the most coveted locations in the Hamptons because of its centrally located positioning amidst the horse and farm fields of Watermill, its proximity to the ocean beach and attractions like yachting in Sag Harbor, golfing in Bridgehampton, and its elevation offering ocean and bay views from the roof deck. Add an extremely rare large piece of property (9 acres) that is adjacent to a conservation easement and surrounded by very large estate-sized parcels with magnificent luxury homes. Plans already exist for a 9000 sf transitional home on four levels with 8 bedrooms and 10 bathrooms, a roof deck for water and sunset views, a large pool, jacuzzi, pool house, and tennis court. The owner of the property offering, Rosewood Developers, is known in the industry as a builder of extremely high quality and distinction - with over 45 years of history building some of the most beautiful and sturdiest homes in the Hamptons and Long Island. The price for the Land, Pool, Pool House, and Tennis Court is $12,995,000. Multi-residence compound opportunity by purchasing the 3.7 acres with house next door for a total of 12.7 acres.