South of the highway in Water Mill, this five bedroom, three and a half bath shingled home is situated on a just-shy acre. Lush perimeter landscaping and mature trees create a quiet, bucolic setting. There's plenty of room for play in the large, open lawn. The open living and dining areas, located on the upper level, have multiple French doors opening to a sunny upper terrace that has a retractable awning, overlooks the pool area, and captures dazzling sunset views across a reserve. The eat-in kitchen is outfitted with high-end stainless steel appliances. The master suite, also on this level, has a pristine bath and French doors to a pergola-covered terrace with seating area and barbecue. Additional bedrooms and baths are all immaculate, bright and inviting. Glass doors on the first floor open to a covered terrace by the pool. In the finished lower level is recreational space with table tennis, and gym equipment. Conveniently located close to the beach, local farmstands, Bridgehampton and Southampton Village. At this price, an excellent development opportunity.