An amazing opportunity in the heart of East Hampton on the highly desirable Palma Terrace! The existing home offers three bedrooms and two bathrooms, along with a large kitchen, dining room and finished basement. The property offers ample room to add a pool and/or expand the existing footprint of the house. Whether you choose to renovate or start anew, this is an exceptional opportunity to customize your dream home in the Village Fringe at an incredible value.