Amagansett Estate on 10 Acres Offers Rare Hamptons Compound Potential

Unmatched anywhere in East Hampton, this luxurious reserve-wrapped Amagansett estate, currently owned by Alec and Hilaria Baldwin, offers a rare combination of historic charm, modern amenities, and approved expansion plans that position it for an extraordinary next chapter.

Set on 10 acres in Amagansett’s estate section, 335 Town Lane offers a rare combination of privacy, history, and future potential in the Hamptons. Surrounded by protected reserve land and reached by a private driveway, the hilltop property delivers the kind of peace and open sky that continue to define East End luxury.

A rare level of possibility lies beneath the beauty of 335 Town Lane, as discovered by Scott Bradley, who is the exclusive real estate agent representing the property. Revealing through extensive research, the 10-acre offering is unlike anything else in East Hampton Town: in addition to the existing estate, the ability to add a guest house, tennis, and a pool house.

Moreover, three acres of agricultural reserve are suited to a vineyard, organic farm, or equestrian use, and two additional acres are under agricultural easement. The result is beyond extraordinary, a truly singular estate compound opportunity.

Known as the Nathaniel Baker House, the farmhouse dates back to around 1700 and was moved by oxen in 1756. That history gives the property an authenticity that newer homes simply cannot replicate. It is a true Hamptons original—rooted in the area’s agricultural past, yet fully suited for modern living.

The cedar-shingle home features bright, spacious interiors designed for both entertaining and everyday comfort. Amenities include a grand eat-in kitchen, formal dining room, movie theater, wine-tasting room, library, and generous gathering spaces throughout. Outside, a custom pavilion with a fieldstone fireplace, gunite pool and spa, vegetable garden, and covered porches make the most of the estate’s serene setting.

Beyond the history and celebrity aspect, the real story here is the estate itself and the opportunity it presents. In addition to the existing residence, the listing includes an approved expansion path with health department approval for septic capacity up to 10 bedrooms.

Even more significantly, the property’s deed research points to the potential for a rare Hamptons compound configuration. In a market where privacy, scale, and flexibility are increasingly hard to find, 335 Town Lane stands out as an exceptional offering in Amagansett.