Now offered at a new price, 42 Buell Lane Extension presents a compelling opportunity to own a beautifully renovated East Hampton residence with exceptional land potential and long-term flexibility. This East Hampton retreat brings together classic architecture and contemporary comfort, set on just over an acre with full clearing permitted and close proximity to the village center. Spanning two gracious levels, the approximately 2,300-square-foot interior is filled with natural light and shaped by an open, flowing layout. The kitchen and dining area connect seamlessly to the outdoors through three sets of glass doors, creating an effortless transition to the grounds for daily living and entertaining alike. A welcoming living room with a wood-burning fireplace anchors the main level, while five bedrooms and three full bathrooms are thoughtfully arranged across two separate wings, offering privacy and versatility. Upstairs, the primary suite provides a tranquil escape, featuring a bath, walk-in closet, and private deck overlooking the landscaped property and heated gunite pool. Outdoors, the grounds are enhanced by mature specimen trees, a covered porch, and a stone patio-each offering its own setting for gathering or quiet enjoyment. An existing heated gunite pool, combined with the ability to achieve 100% clearing, allows for immediate use alongside meaningful future optionality. Conveniently located near the Jitney and train, and just minutes from East Hampton Village shops, restaurants, cultural destinations, and ocean beaches, this property offers a lifestyle that is increasingly hard to find: a move-in-ready home with estate-scale land, privacy, and proximity to it all.