SPECTACULAR WATER VIEWS OVERLOOKING LAKE AGAWAM Imagine this one of a kind offering in a world-class location overlooking Lake Agawam. This 8.4 acre property is part of a unique compound setting newly re-subdivided into 2 lots and ready for a new creative masterpiece. As you enter the property, you gently climb to an elevated setting on the more expansive 4.8 acre lot (lot 4), which presents commanding water views with softly rolling topography and mature trees and indigenous plants. Lot 4 can host a generous main residence, pool and tennis with views overlooking the lake and to the ocean or towards the mature landscaping and specimen trees to the south, west and north. The adjoining 3.6 acre lot next door to the south also has room for a sizable house, pool, and tennis court. Most importantly, regarding waterfront living, both lots sit elevated, allowing for full basements. The 4.8 acre lot, (lot 4) can be purchased separately, or together with the 3.6 acre lot (lot 5). This is an exceptional opportunity for you to own one of the largest contiguous estate parcels within the most prime "historic estate section" in the Hamptons. Offered for the first time in decades, 8.4 acres of sub-divided land presents an exquisite, private setting steps to Southampton village shopping, restaurants, arts and culture and one of the finest beaches in the world.