First offering of this magnificent street to Lake property at the southerly end of Lake Agawam on First Neck Lane where the Lake meets the Atlantic Ocean. Two parcels comprising over 4.5+ acres feature an elegant estate house in perfect condition sited on 2.7 acres with nearly 500 feet of water frontage. Enter the stone pillard unassuming country drive beneath the canopy of an allée of Linden trees brings one to the front parking court. Step back and take in the beautiful architecture and quality of this exceptional stone, slate and stucco home with the finest quality of details. Wonderful natural light brought in by large walls of glass embrace the interior spaces as well as the stunning views to the lake. One can't help but appreciate the architecture in the houses across the Lake, several of which are the most prominent mansions to grace our beautiful Southampton Village shoreline. The home features 6 en-suite bedrooms including the very gracious primary suite on the main level. The sweeping staircase takes one to the landing overlooking the living room to the second floor where ocean views from the second floor bedroom suites are amazing, as is the roof terrace with panoramic water views. Throughout the house one can hear the ocean waves and enjoy the access to nearby white sand beaches; truly breathtaking. Other features include state of the art kitchen with open plan to family room, an elevator, several fireplaces, 3-car garage, 45 ft pool with adjacent spa, and a pool house with fireplace and 2 bathrooms. The land is vastly open with an enormous grass front lawn while mature perimeter trees and hedges to the north and south afford privacy. The contiguous second parcel of 1.8 acres enables the property owner to develop a substantial secondary residence, swimming pool and tennis court. Alternatively, simply hold the land as part of one's diversified investment portfolio as historically, these assets have increased in value over the years given this most coveted location in the Hamptons. A once in a lifetime opportunity and ready for immediate occupancy. By appointment.