This charming 520± SF beach cottage on a shy quarter of an acre presents the savvy buyer with the only million-dollar opportunity to own in the exclusive Village of North Haven. Conveniently located only a stone's throw away from the breathtaking sunsets at Long Beach as well as the great shops, dining, and everything else that Sag Harbor Village has to offer. The existing 520± SF structure offers an open living/kitchen area with two bedrooms, a loft, one full bath, laundry/utility room and an outdoor shower that can be lived in as-is or renovated. Glass pane doors and windows allow natural light to flow freely through the 115± SF accessory structure, providing an opportunity to be used as an artist's studio, workspace or for storage. For those looking to build new, the North Haven Building Department has confirmed this property is in the R-2 zoning district, allowing for a total max gross floor area of 2,225-sf (plus finished lower level) with 85% max clearing. With proper planning, the principal structure can offer over 3,000-sf including the finished lower level (1,935-sf max above grade) plus a 290-sf accessory structure with an inground pool.