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Be the next caretaker of this historic Egypt Lane home or build new

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We say: both!

This early nineteenth century Cape Cod is an East Hampton Village landmark known as the Hiram Sanford House. (Who seems to have been a Bridgehampton farmer.) The three-bedroom, two bath cottage retains some attractive period features, such as the Rumford cooking fireplace in the dining room, which is sporting delightfully Photoshopped flames in the listing photo.

There is 0.43 of an acre of land, and the listing states the buyer could "build and have two homes with two legal kitchens in the heart of East Hampton Village." There’s enough land for another house; we’re going to assume the village would allow it because the listing says so, but obviously a buyer should make certain.

One issue is that the property is right off Gay Road, by the post office, CVS, etc. Asking price is $2.7M. What do you think of that?

13 Egypt Lane East Hampton [Elliman]