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Originally the home of a Hamptons builder, this home requires renovation but is listed substantially below market for quick sale. Appraised at $4MM in 2008, the 10,000 square foot home (6100 finished above grade) is perched on nearly 3 acres. It has a stately presence atop a hill at the end of a private 500' drive. The home is expansive. It features three living rooms plus a generous paneled office. It also features a chef's kitchen with 3 full size refrigerators, 48-inch commercial stove, 2 dishwashers, and full staff kitchen. A 3-sided breakfast room with fireplace overlooks the back yard. Two bedrooms, two powder rooms and a 3-car garage round out the first floor. Upstairs, there are 4 ensuite bedrooms including 2 master suites plus a massive sitting room with fireplace and wetbar. The lower level is framed but only partially finished. It includes a large family room, gym, potential theater, full bath and potential 7th and 8th bedrooms. There is also a large unfinished space above the 3-car garage which could be a workshop or future staff quarters. The landscaped back yard is extremely private and totally quiet. It features a gunite pool, hottub and children's pool. The property is in the outstanding Sag Harbor school district (with pick up at the base of the driveway). It sits between The Bridge and Noyac Golf Clubs, 2 miles to Long Beach and 4 miles to Bridgehampton Village. On a street with $4.5-$5.25MM new constructions (and next door to one), the house is priced phenomenally well for someone looking to restore a stately house with today's modern finishes.