Comprised of two single and separate parcels totaling almost four acres, this is a once in a generation opportunity to create a legacy estate compound by the sea. Sited on nearly 2 oceanfront acres and above the flood zone, the first lot features almost 250' of direct ocean frontage with unparalleled views from every level. There is currently an impeccably maintained home - once two individual houses now merged and attached by breezeway - featuring seven total bedrooms with five full and one half baths shared across 5200 square feet of living space. A third level sunroom, roof deck, and multiple oceanside decks provide some of the most stunning views one might imagine. There is an oceanside gunite pool, and an indoor year round endless lap pool. In the future, one can imagine an expansive new home with spectacular views, the ability to add a lower level, and without the constraints other oceanfront properties might have due to flood zones. To the north is an undeveloped 2 acre lot which can yield over 7000sf above grade, plus lower level, pool, pool house, and tennis. A rare opportunity to move in and enjoy as is while planning for your future dream homes on the beach.