This newly renovated, 5 bedroom--with Infinity Pool and Tennis--sits on a perfect manicured acre. It has an incredible yard overlooking a 2 acre reserve, with 300-400 foot open vistas. (Reserve available for $600K, or packaged with 50 Osprey for $6,195,000). Set on a Watermill South cul-de-sac, the transitional design includes every amenity--Infinity Pool, Hot Tub, Sunbed, Outdoor Bar, Outdoor Grill, Pergola, and Tennis. In total, the 5300 square foot offering includes 4000 square feet above ground space plus 1400 square foot finished lower level. There are McDonough and Conroy plans to expand the home to 7 bedrooms if ever desired, and a first floor master might also be possible. As you enter, a new free-floating staircase with glass railings frames a two-story window wall to the yard and reserve. To the right, a formal living room with see-through fireplace has glass walls on two sides. Just beyond, there is a TV room with surround sound, Calacatta fireplace and glass walls on 3 sides. Left of the foyer, a formal dining room with a bay window overlooks manicured grounds. A brand-new kitchen features white cabinetry and Calacatta slab marble with waterfall Island. The new appliance package includes a Subzero Fridge/Freezer, Double Wolf Oven, Wolf Microwave, Beverage Drawer and 2 Bosch Dishwashers. A Butler's Pantry offers a full height Sub Zero wine cooler. Rounding out the first floor is a refined powder room with marble floors, marble sink console, and cove lighting. There is a convenient Mudroom/Laundry and a second powder room for the pool. The second floor features 4 bedrooms, with plans to add 2 additional bedrooms and baths. The large primary offers a balcony overseeing the back yard, with the 2-acre reserve beyond. A new primary bath has a custom vanity, free standing tub and radiant heated floors. There is a Junior primary bedroom and two bedrooms with a large shared bath. The finished lower level offers a modern game room with black high-gloss bar, wine room and pool table. There is a media room or family room as well. Finally, the lower level also offers a 5th bedroom and full bath. The back yard is designed as an entertainment space. Extensive patios surround a newer Infinity Pool with sun shelf, hot tub, and spill over into smaller lower pools. There is a stunning outdoor bar with black granite counters, sink, fridge and icemaker. The bar offers covered seating (under Pergola) with TV for outdoor recreation. The Grill station is a chef's dream, with Lynx Grill, 2 Burners, Fridge and black granite work space. Beyond the entertainment space is an expansive lawn to the East, and tennis court to the North, with the 2-acre reserve beyond. The location can not be more convenient, with access to 7 ocean beaches and Bridgehampton and Water Mill Villages just a mile in either direction.