Offered for the first time, this exceptional 8+/- acre estate has been owned by the same family for 50 years. Built circa 1910 as a replica of a Florentine palace and converted into a hotel, the owners opted to tear that down, renovating the gate house into the primary residence. With three driveways, the property includes two cottages, two-car garage, 40'x60' Gunite pool, pool house, and tennis court. The endless green lawns beg to be explored, featuring sculptural hedges and mature trees. Most important, the 8-acre property has been subdivided into two lots, that are also offered separately. Imagine a remarkable estate in the heart of Southampton’s finest area with a built-to-suit extraordinary Hamptons residence that would include meadows and orchards within it pastoral setting, as well as pool and tennis, and the ocean beckoning at the end of the street.