A rare opportunity awaits at this gracious home in the picturesque heart of Southampton Village, with fully-approved plans in place for a brand new, impeccably designed 4,700-square foot high-quality renovation. Originally built in 1850, this traditional residence situated close to ocean beaches on .24 acres features exquisite period details throughout, including a magnificent stained glass window. Honoring its old world charm, the meticulously designed, expansive new three-level plans feature five bedrooms, four bathrooms, a powder room, and plentiful space for entertaining, indoors and out. The main levels well-appointed open floor plan includes kitchen, formal dining room, fireplace, living spaces and screened-in porch. The second level consists of a generous master with en suite bathroom, two additional bedrooms, a laundry and office. Two bedrooms and a playroom/living space will complete the third floor. A spacious front porch, backyard patio, and pool complement this elegant property and exemplify its classic appeal. Few opportunities of this kindwith pre-approved plans already in placeare available in coveted Southampton Village, with easy access to world-class shopping, dining, and beaches. The new owner also has the option of enjoying this home as is, rich with remarkable character and detail, and featuring a striking entry with grand staircase, five bedrooms, four bathrooms, fireplace, an inclusive apartment with separate entrance, formal dining room with pocket doors and window seat, sitting areas, mudroom, and beautiful hardwood floors throughout. An excellent investment; dont miss this incredible opportunity to possess the perfect all-season home in one of the Hamptons most desirable locations.