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Spectacular one of a kind offering in prime location boasting breathtaking views of Lake Agawam. This property is part of a unique setting already subdivided and ready for renovation or to build a new home. This 5.6 acre lot currently has a 70's built Bates & Boor designed 7 bedroom, 7 1/2 bath home. The 2.8 acre lot next door to the south currently has the tennis court, pool and pool house sited on it, both among specimen trees and on contains "bent grass lawn" sculptured to look like a golf fairway. The 2.8 acre lot can be purchased separately only after all other lots are sold.....or together in any combination below: All lots 4 together - 14.9 acres $58M. ( 137 Pond Lane - 5.6 acres - $18.75M), (153+137 Pond Lane - 8.4 acres - $29.9M), (111 Pond Lane - 2.9 acres - $13.95M), (52 First Neck Lane - 3.6 acres - $13.95M), 153 Pond Lane cannot be sold separately unless 137 Pond Lane sells first or by itself, and then for $13.95M. This is a rare opportunity to design and construct a magnificent compound in the coveted Village of Southampton. 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 and to design and construct a magnificent compound in the coveted Village of Southampton.