Southampton’s only waterfront resort property The only waterfront resort property in all of Southampton is a unique opportunity to create a world-class, income-producing luxury destination in the East Coast’s most desirable beach enclave less than two hours from New York City. Located on a sprawling 3.25 acre parcel in a protected cove of Cold Spring Pond, this unique compound has a commanding location with sweeping views of Peconic Bay and western exposure for spectacular sunsets. Key to this offering is the pre-existing motel use which could never be recreated under today’s zoning. It includes 22 units plus a 25′ x 50′ waterside pool, 220′ of bulkheaded waterfront and a small beach from which to launch kayaks and paddle boards. The open lawn can accommodate a large event tent. In addition to an income-producing business, other potential uses are a condo conversion or one-of-a-kind residential compound.