Rare and truly spectacular, this protected water view setting is one of Orient's most exceptional offerings. Perched atop the historic hill of the former Mount Pleasant Hotel — once a beloved East End vacation retreat — this remarkable property captures the very essence of North Fork coastal living. Set on 2.87 acres (.87 on Munn Lane combined with 2.0 acres at 20400 Main Road) stretching from Munn Lane to the shoreline of the Great Peconic Bay, the property enjoys sweeping, unobstructed water views — including Bug Light and the Orient Yacht Club — direct bay frontage, and unforgettable sunrises and sunsets that paint the sky in every season. Originally dating to the 1940s, the spacious, quintessential North Fork cape-style home offers 4 bedrooms and 2 baths with generous living space and timeless charm, plus a walk-out basement with garage providing storage, workshop space, or future finishing potential. Whether you envision restoring its classic character, thoughtfully updating and expanding to maximize the panoramic views, or creating a waterfront compound, the setting offers extraordinary flexibility and long-term value. Imagine mornings spent with coffee overlooking the bay as sailboats drift by, afternoons kayaking or paddleboarding from your own shoreline, and evenings gathered with friends for sunset dinners under open skies. With ample acreage and privacy, there is room for gardens, a pool, entertaining terraces, or simply quiet moments surrounded by coastal breezes and the soothing sound of the water. Located in the North Fork's easternmost hamlet, Orient is cherished for its maritime heritage, preserved farmland, beaches, boating, wineries, farm stands, and ferry access to New England — a peaceful coastal escape sought by buyers seeking privacy, nature, and authenticity. Here, life moves at a different pace — where beach walks, vineyard afternoons, and sunset evenings along the shore become part of your everyday rhythm.