Nestled in Matunuck Hills, the storied estate known as Wave Hill is a turn-of-the-century sea captain's home made of stone-and-shingle that radiates timeless charm, privacy, and retreat-like tranquility. Set on 5.5 acres of enchanting grounds, it feels like a hidden sanctuary yet is only minutes from the beach, village life, and coastal attractions. The home offers nearly 3,900 square feet of living space with 6 bedrooms, 4 full and 2 half baths, designed for both large gatherings and quiet moments. A dramatic great room with a massive stone fireplace anchors the home, while the updated chef's kitchen and butler's pantry make entertaining seamless. Sun-filled rooms highlight hardwood floors, stone details, and serene views of Kettle Pond and the surrounding gardens. Wellness and comfort are woven throughout, with a heated saltwater pool, granite spa deck, sauna, vegetable gardens, koi pond, and whimsical pathways that create a fairytale setting. A guest suite with full bath above the garage provides additional living space, while fenced areas, and a goat barn add to the property's unique character, and potential for a small hobby farm. Whether envisioned as a coastal family compound, a creative retreat, or a private sanctuary for entertaining, Wave Hill blends old-world elegance with modern comforts, offering a lifestyle of beauty and connection to nature just moments from East Matunuck State Beach, Matunuck Oyster Bar, Wakefield Village, and scenic trails.