Investor's Dream! This property presents an outstanding opportunity for savvy investors or ambitious homebuyers looking to create their ideal living space. While the home requires some updates and renovations, the potential for substantial value-add is undeniable. The property boasts solid foundational bones, providing a perfect canvas for customization. Situated just a short walk from the charming village of Water Mill, you'll enjoy both the tranquility of the area and the convenience of nearby amenities. With a spacious 3,292 sq. ft. layout (excluding the basement), this home currently offers 6 bedrooms and is plumbed for 5.5 bathrooms, making it ideal for a large family or those looking to create a lucrative rental property. The expansive lot spans 0.69 acres (30,056 sq. ft.), providing plenty of room for outdoor living, landscaping, or even a pool, offering further potential to enhance the property's value. Built in 1997, the structure is solid and offers a great framework for a complete renovation, rebuild, or a fix-and-flip project. Whether you're planning to fix it up and resell, convert it into a high-income rental, or design your dream home from scratch, this property offers limitless possibilities for growth and creativity. To sweeten the deal, seller financing is available, making it even more accessible for investors who are ready to move quickly. This rare combination of location, space, and financial flexibility makes it a must-see opportunity in the heart of Water Mill.