Create your own oasis on 5+ acres of coveted land south of the highway in the heart of Wainscott. This bucolic property overlooks a 7 acre preserve and pond allowing for serene privacy while still being only a stone's throw from the amazing ocean beaches of the Atlantic and a short drive or bike ride to world-class shopping and dining in the Hamptons. The spacious 5-bedroom, 4.5-bath house is light-filled with cathedral ceilings and expansive windows allowing you to feel at one with the natural wooded surroundings. With master suites on the first and second floors, a media room and separate suite above the attached garage this home is perfect for entertaining. Exquisite English gardens, a heated Gunite pool and fresh water pond complete the picture. Or, create your own picture. The 5 + acre parcel allows for a brand new 12,000 square foot home with tennis and pool. This is a rare opportunity - a property this large south of the highway will not last.