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MAJOR PRICE REDUCTION! NOW $1,550,000. Beautiful pond views. Great for tennis lovers. Village code allows for 4500 sq ft home more easily as it borders the "Historic" district. It's about as close as you can get. Drive up a private driveway off of Archibald Way allowing privacy from the road. On the market for the first time, a warm and welcoming home on a grand site in Sag Harbor Village overlooking Otter Pond. The unusually large lot (3/4 acre) on a favorite neighborhood street in the heart of the Village offers room to expand UP TO 4500 sq feet, room for a 20 X 40 pool, sunset views, and privacy. The south-facing, 3-bedroom (plus bonus room) 2-bath home with a charming covered porch is set on a graceful rise on a cul-de-sac. The spacious first floor presents a large living room with wood burning fireplace, generous eat-in kitchen/dining area, two roomy bedrooms, and full bath. Upstairs you will find an oversized bedroom and full bath and a large bonus room/den. Detached 1½ car garage offers endless possibilities. This prime location is a central hub to all villages (Bridgehampton, East Hampton, Southampton), and so close to all the Village has to offer (Main Street restaurants and shops, Captain's Row, Mashashimuet Park and tennis courts). Enjoy this year round home as is, or make it your own.