This ultra private waterfront setting in an exclusive enclave of Water Mill South presents a rare and unique opportunity for new construction of up to 9,500+/- sq. ft. A recently completed landscaping project has established the wetlands buffer with a waterfront pool, sizable elevated and level lawn, bulkheaded dock and waterside gazebo. In addition to these unique features, the site's topography lends itself to construction of either a traditional or modern home (see rendering) without the need to elevate the first floor up a full flight of stairs as most bay front properties require. Enjoy the magical views of Hayground Cove and the only flock of swans in all of Mecox Bay. From your dock you can boat to the beach known as "The Cut," where paddle boards, kayaks, jet skis and more can be launched. While planning your dream home, the charming 3 bedroom, 2.5 bath cottage with outdoor shower and heated pool will give you a glimpse of the lifestyle that awaits.