Unmatched natural beauty, privacy, and outdoor recreation combine at this exquisite Hamptons estate in coveted Water Mill. Ideally situated on 2 very secluded, meticulously landscaped acres, the property is absolutely stunning, affording a swimming pool, tennis court, splendid gardens, and a charming traditional shingled home - with the opportunity to create a magnificent dream residence! The existing house offers 3 bedrooms, 3 baths, and 2,600 square feet of living and entertaining space. The light and bright interior is marked by ample windows streaming in generous natural light, plus unique features like a beadboard ceiling and vintage gas stove fireplace in the main living area, as well as built-ins in the basement media room. Outdoors, expansive decks and greenspace are surrounded by mature trees and hedges, offering plenty of room for grilling, hosting cocktail parties, or simply take in the views. However, it is the incredible prime location, close to all conveniences, and the pristine acreage that make this estate such a highly desirable offering. 490 Hayground sits near town shops, restaurants and amenities, yet remains privately nestled in a quiet serene enclave. Few properties compare, with unlimited potential for crafting your luxury retreat and ample grounds to entertain. This is Water Mill living at its finest!