The price listed ($14,995,000) is for the Land, Pool, Pool House, and Tennis Court when the house is completely constructed. Perhaps one of the most coveted locations in the Hamptons because of its centrally located positioning amidst the horse and farm fields of Watermill, its proximity to the ocean beach and attractions like yachting in Sag Harbor, golfing in Bridgehampton, and its elevation offering ocean and bay views from the roof deck. Add an extremely rare large piece of property (9 acres) that is adjacent to a conservation easement and surrounded by very large estate-sized parcels with magnificent luxury homes. Plans and permits already in place for a 12,500 sf Traditional home on three levels with 8 bedrooms and 10 bathrooms, a roof deck for water and sunset views, a large pool, jacuzzi, pool house, and tennis court. The owner of the property offering, Rosewood Developers, is known in the industry as a builder of extremely high quality and distinction - with over 45 years of history building some of the most beautiful and sturdiest homes in the Hamptons and Long Island. Rosewood has a newly finished 6000 sf house in Southampton for sale or rent that you can move into right now while this 12,500 masterpiece home is being constructed. This 12,500 magnificent home will be perfectly matched to complement the majestic 9 acre elevated property that even has first floor winter ocean views and will also have summer ocean views from the planned roof deck. The house will have every conceivable amenity deserving of the spectacular 9 acre landscape. Close to everything, this home will provide easy access to the ocean, the Sag Harbor marinas, the Bridgehampton Golf Courses, and of course the village restaurants in Southampton, Bridgehampton, Sag Harbor and East Hampton.