Set on 0.62+/- acres with 100% clearing, this rare offering includes two (2) legal 3-bedroom homes, a detached garage, and a shed - all listed on the Certificate of Occupancy. With multiple existing structures already in place, the property offers unmatched versatility and potential. The front house is rich in family history, built by the current owner's grandfather. The back house was originally part of the J.E. Jones Hotel (1896) and former Pines Hotel across the street and was moved to its current location in 1938. Renovate the current homes, rebuild on the original footprints, or design and develop a completely new site plan to bring your vision to life. Perfectly situated on the Amagansett/East Hampton border, the location is exceptional just 1.2 miles to Indian Wells Ocean, 0.6 miles to Amagansett Square, and only 2 miles to East Hampton Village. An income-producing investment, a compound with multiple residences, or the canvas for a custom estate, this property presents a unique opportunity in one of the Hamptons' most desirable areas.