Situated in a premier South of the Highway location, this 0.68 acre+/- parcel is capable of yielding a new development of significant proportion. With 5,907 SF+/- of allowable lot coverage, a three-level main residence, accessory structure and pool are well within reach. Custom plans meticulously crafted by an A-List architect are also available to build a 5,374 SF+/- three-level residence with 6 bedrooms, 6 full and 1 half bathrooms, plus an attached 2-car garage and 40' X 20' heated gunite pool. Set at the end of a quiet cul-de-sac street within the Hampton Hills Association, the lot benefits from private beach rights. The property is centrally located and enjoys convenient access to local restaurants such as Cowfish, Rhumba, Canoe Place Inn, Edgewater, Oakland's and more. There are multiple marinas nearby as well as world-renowned golf courses and the Hamptons' finest beaches. Just 3.4 Miles+/- to Ponquogue Beach and 2 Miles+/- to Meschutt Beach, the location is truly one-of-a-kind.