This expansive Bay View Oaks residence offers not only luxury waterfront community living but also a rare investment opportunity with exceptional rental potential. Set within a coveted community with direct access and views to Little Peconic Bay, the home combines scale, comfort, and amenities ideally suited for high-demand Hamptons rentals. Situated on just over half an acre, the home features 8,000 +/- sq. ft. living space (6,000 sq. ft. above ground & an additional 2,000 sq. ft. of finished space in the lower level). There are 6 bedrooms (plus 2 bonus rooms), 8.5 baths, and a large 40'x20' pool. Throughout the home, find 10' ceilings and gorgeous hardwood floors. Multiple common areas throughout and an open floor plan allow for a large group to enjoy the home simultaneously. The first floor features two living rooms, each equipped with a fireplace (5 total fireplaces throughout the house), a huge junior primary en suite bedroom and a sunroom overlooking the poolside patio. The second floor features 5 en suite bedrooms and a large den with a gas-burning fireplace and a large exterior deck. The oversize kosher kitchen has premium appliances, including 2 refrigerators/freezers, 2 dishwashers, a large eat-in center island, and 2 sinks, plus a French door egress to the rear patio, which is great for entertaining. With a proven rental history and strong seasonal and year-round demand, this home consistently attracts discerning tenants seeking a spacious, resort-style retreat. Its thoughtful layout and abundance of ensuite bedrooms make it ideal for multigenerational gatherings. All of the bedrooms are generous in size and ready for loved ones and guests. The finished lower level also has 10' ceilings and offers a media room, a rec room with fireplace, 2 bonus rooms, and a full bathroom. A private community beach and boat launch access are located just past your front door. Whether enjoyed as a private waterfront getaway or leveraged as a high-performing rental, this Bay View Oaks home presents exceptional upside-an opportunity to own a turnkey residence that earns as beautifully as it lives. Bottom line, this home is built for a large number of people to enjoy all the fun the Hamptons has to offer. All this is located just a few moments' drive to Sag Harbor, Southampton, and Bridgehampton Villages.