Introducing an exclusive investment gem in the heart of the Hamptons - a property that promises immense potential. Nestled in an exceptional East Hampton Village fringe location, this vintage cedar shingle cottage, dating back to 1910, offers a huge opportunity for an investor or end user. Let this property be your canvas for a major renovation or the perfect opportunity for a tear-down and rebuild. Imagine the possibilities - expand and create your dream Hamptons retreat or capitalize on the scarcity of such opportunities by starting anew. Situated on a generous .61-acre lot, this property offers captivating farm field views from the front and open southwest exposure in the backyard. Inside, you'll find the original wood-burning fireplace in the living room, generously sunlit spaces, a spacious eat-in kitchen, a separate dining room, and a den. The wide plank hardwood floors and ample ceiling height add to the charm and potential. Moments away from the vibrant East Hampton Town & Village shops, gourmet restaurants, and pristine ocean beaches. In the Hamptons, opportunities like this are incredibly rare, making this an exceptional investment and development prospect.