Exceptional opportunity in Greenport Village! Nestled in a location that perfectly balances convenience and charm, this 3-bedroom, 2-bathroom home on a 5,227 square foot lot offers an enticing proposition. With approved plans already in place, envision transforming this residence into a 3-bedroom, 2.5-bath layout, enhancing both its functionality and appeal. Situated just a block from the water and two blocks from the lively town center, 151 Central Avenue promises an unparalleled lifestyle. Recent renovations have meticulously restored the original clapboard siding, while the addition of new front and side porches beautifully complements the home's classic architecture. Inside, the residence awaits your personal touch, with structural work completed to pave the way for your dream design. The home features an unfinished basement with the original stonework foundation, showcasing an egress window that invites natural light and offers further development potential. This space can be transformed into a cozy retreat, a functional workshop, or any other space that fits your needs. This property represents a rare investment opportunity in a highly desirable area. Embrace the chance to complete the transformation of this classic residence, customizing it to reflect your personal style while maintaining its historic charm. Discover the potential of living in the heart of Greenport Village, where every day brings the promise of coastal beauty and vibrant community life.