A rare opportunity to own on Hither Lane in East Hampton Village. Moments from the world's most exquisite ocean beaches, and sited on .94+/- manicured, private acres, the existing 6,000+/- sq. ft. residence exceeds the maximum building size that would be permitted today. One can choose to renovate or build new. The five bedroom, six-and-one-half bath residence features traditional European elements, starting with a grand marbled foyer that opens to a large living room with fireplace, a formal dining room, and traditional library with fireplace and a chef's kitchen. The main-floor master suite features beautiful French doors that lead out to a large blue-stone terrace, and offers many high-end amenities, including a luxurious marble bath and walk-in shower. There is a separate kitchenette, with a spacious entertainment or staff area and a full bath. The second level presents three generous ensuite bedrooms and access to the large third-floor media room that includes closets and a full bath. The gracious back yard features hedges, an elevated blue-stone terrace, an in-ground heated pool, and a pool house with a full bath and 12 x 12 basement. Move in immediately, renovate, or build new; this property is a truly rare and unique opportunity.