Own a rare piece of Montauk on the water. Set directly on the southeast corner of Lake Montauk, one of the most coveted spots on the East End, this rarely available one-bedroom, one-bath cottage-style residence offers sunset views, direct water access, and one of the lowest monthly carrying costs in Montauk. You'll watch the sun melt into the lake every evening from your deck. This isn't a view from across the street - it's on the lake, with direct water access for paddle boarding, kayaking, and swimming right out your door. The cottage has an open, airy feel thanks to a cathedral ceiling in the main living area, a lofted sleeping area with skylight, and hardwood floors throughout. Freshly painted with a new roof installed in 2024 and foam insulated sub-floor, the unit is move-in ready and comes fully furnished. The wrap-around deck significantly expands your living space and creates the perfect setting for outdoor dining or evening cocktails as the sky turns to gold. The Outrigger is a well-maintained, approximately 2-acre lakefront cooperative - intimate, peaceful, and beautifully situated. On-site laundry, dedicated parking at your door, and guest parking are all included. Monthly carrying costs of just $481.25 cover property taxes, maintenance, and exterior insurance - among the lowest of any condo or co-op in Montauk and this one is WATERFRONT! Owners are responsible for gas and electric. The co-op is open from mid-April through November, ideal for those seeking a turnkey summer retreat or income-producing property with no rental restrictions (it was last rented from July 1 to Aug 15 for $15k). Opportunities like this - genuine lakefront in Montauk at this price - are exceptionally rare. This is your chance.