Nestled in a highly sought-after beach community on the Peconic Bay, this lovely, bright, and cheerful home on a very quiet road features 3 bedrooms, 2.5 baths, an open kitchen with a dining area, and a living room with a double-height ceiling. Additionally, there is a loft that is well-suited for an office, library/lounge, or space for extra overnight guests. The primary suite on the main floor includes a recently updated bath. The outdoor area is designed for entertaining. An expansive two-level deck surrounds the 18'x40' heated pool; mature landscaping adds privacy. Other extras include new kitchen appliances, a new washer-dryer, a garage, a generator, and an outdoor hot and cold shower. This home provides enormous potential for investors or end users, with room for an additional 1,500 +/- sq. ft. of living space within the existing footprint. The lower-level's ceiling height is sufficient for finishing and can add another 1,100 +/- sq. ft. of living space. There is a bilco door access that easily converts to the required egress when adding lower-level bedrooms. There is also room to expand the house on the second floor by building above the dining room and kitchen. Add a generously sized primary suite or two additional bedrooms and a bath. Situated on a little more than .75 of an acre, there are expansion options beyond the existing footprint. This quiet and special community offers tennis, pickleball, private bay beach with a dedicated swimming area, volleyball, kayak storage, a beach house for your convenience, and sunsets that will captivate you. The location is excellent, offering easy access to Southampton, Bridgehampton, and Sag Harbor within 15 minutes, and just a few extra minutes to the heart of East Hampton. The original owner loved and cared for it since it was built. It's now ready for its next occupants. Special bonus: very low taxes!