Located in North Amagansett's coveted Devon Colony, 16 Devonshire Lane presents a rare opportunity to create your dream Hamptons retreat. Built in 1984, this property is ready for a thoughtful renovation or a brand-new vision. Set on 1.24± acres, the site offers the potential to build approximately 5,200± square feet. The existing home features 4 bedrooms and 2.5 baths, along with a finished basement and a lower-level garage. Filled with natural light, the home enjoys large windows throughout, creating a bright and inviting atmosphere. Outdoors, a spacious deck surrounds a 20' x 40' built-in pool with full-day sun exposure, an ideal setting for relaxing or entertaining. Perfectly positioned for convenience and lifestyle, the property is less than a mile to the Devon Yacht Club and beaches, with easy access to Amagansett and East Hampton villages, and ocean and bay beaches throughout the area. Nearby Jitney and train service make travel to and from the city effortless. This is a unique chance to reimagine a well-located property in one of Amagansett's most desirable neighborhoods. Please note: The home is currently furnished. Photos have been digitally edited to remove furniture.