Set on .87 acre with sweeping views over Little Peconic Bay in Sag Harbor, this exceptional waterfront parcel offers a rare combination of unique features. Located in a quiet, established neighborhood, the property presents a special chance to build a dream home with all the hallmarks of comfortable, year-round living-without compromise. Unlike many waterfront sites, this lot allows for a full basement, a waterside pool, a pool house, a generous parking area, while still maintaining a large, usable yard. The homesite itself is set above the bluff, free of wetlands and outside the flood zone, meaning no raised first-floor elevation is required and you can have a full lower level basement. Enjoy panoramic bay views and direct access to the water with existing bulkheading already in place and well-maintained. Just moments from the Village, local farmstands, and expansive nature preserves, and acclaimed waterside restaurants offer the best of Hamptons coastal living, combining convenience, privacy, and natural beauty in one of the area's most peaceful waterfront enclaves.Please see the attached survey showing a large building envelope and attached plan showing the easy siting of a house, waterside pool and pool house.