Come discover the endless opportunities at this cottage compound on Penny Pond in Hampton Bays! The three individual structures, consisting of four bedrooms and four bathrooms, are set up for maximum use and can be further capitalized on in this Resort Waterfront Business zone. The main house has two bedrooms, one en-suite with access to the waterfront deck, an additional full bathroom, two living spaces, one with a fireplace, and full kitchen with dining looking out to the water. The main house has two decks, one to the interior of the property and the other larger deck overlooking Penny Pond to Shinnecock Bay. The cottage has two bedrooms and a full bath with equally great views of the bay with its own deck to enjoy. The two car garage has an upstairs studio, full bath, and kitchenette, which would be a great place for a professional or artist to practice their work. All three structures have their own utilities. With ample parking and plenty of outdoor space, this would be the perfect place to rent out some of the spaces and still enjoy your cottage with the privacy of a single family residence. Dock your boat at your own private dock, which is 30 inches of water at low tide. Come explore all the possibilities this waterfront property can provide!