This special 5-acre compound is in the center of the most desirable part of East Hampton's estate section and a short distance from two of the finest ocean beaches in the country. Rarely is this size property available in the Village of East Hampton. The compound includes a handsome residence designed in the French pavilion style; a separate and private two-bedroom guest wing; a two-bedroom guest cottage; a one-bedroom caretaker's cottage; gunite pool; pool house with lounge area changing rooms and two baths; two-car garage; and a workman's shed. A beautifully proportioned living room with fireplace and double-height ceiling is one of the outstanding features of the house. French doors lead to a lovely expansive terrace spread across the rear of the house. The terrace ideal for summer entertaining faces the rolling lawns the pool and the magnificent specimen plantings. The 7 500-sq.ft.house and all of the other structures are on a 3-acre parcel. Two additional contiguous estate-size parcels offer opportunities for separate houses and pools on