Nestled in a highly sought-after beach community on the Peconic Bay, this lovely, bright, and cheerful home features three bedrooms, two and a half baths, an open kitchen with a dining area, and a two-story living room. Additionally, there is a loft that is well-suited for an office, library/lounge, or space for extra overnight guests. The primary suite on the main floor includes a recently updated bath. The outdoor area is designed for entertaining. An expansive two-level deck surrounds the 18 x 40 heated pool; mature landscaping adds privacy. Other extras include new kitchen appliances, a garage, a generator, and an outdoor hot and cold shower. This home provides enormous potential for investors or end users, with room for an additional nearly 1,500 square feet of living space within the existing footprint. The lower-level's ceiling height is sufficient for finishing and can add another 1,100 +/-square feet of living space. There is a Bilco door access that easily converts to the required egress when adding lower-level bedrooms. There is also room to expand the house on the second floor by building above the dining room and kitchen. Add a generously sized primary suite or two additional bedrooms and a bath. Situated on a little more than 3/4 quarters of an acre, there are expansion options beyond the existing footprint. This sought-after community offers tennis, pickleball, private bay beach with a dedicated swimming area, volleyball, kayak storage, a beach house for your convenience, and sunsets that will captivate you. The location is excellent, you will be 15 minutes from Southampton, Bridgehampton, and Sag Harbor, and a few extra minutes will get you to the heart of Easthampton. Owned by one family, it has been well-loved and cared for since being built. It's ready for its next owner, just in time for a blissful summer!