$2,995,000

The Old King Farmhouse and Owl Hollow artist's studio is a historic 1.05+/- acre designer compound, primely located in the bucolic hamlet of Peconic. The magnificent 3260+/- sf Italianate Farmhouse c.1860 features 5 bedrooms and 2.5 baths with a purpose-built 1200 +/-sf artist studio by renowned early 19th century American Impressionist Painters, Edith & Henry Prellwitz. Inspired by historic barn structures with a contiguous cottage, its design garnered a Hampton Cottages & Gardens design award in 2019. The studio features double-height, north-facing studio windows overlooking a lush vista over clipped hedges, loosely planted, pollinator-friendly herbaceous borders with a backdrop of layered trees. Brimming with history and character, both buildings' important architectural attributes remain intact and hold separate Certificates of Occupancy, rental permits, utilities, septic systems, and driveways. Both buildings have a successful rental history within the luxury market. A 2-car garage holds the potential to be converted into a pool house and a pre-existing, non-conforming, wattle and daub constructed stable, with the potential to add temperature-controlled storage and give additional space to re-purpose. The heated saltwater 18' x 36' pool overlooks the vegetable garden and was initially planned to integrate the farmhouse's indoor and outdoor living spaces, with the potential for the south-facing sunroom to open onto the pool patio. A functional, partially finished basement with poured concrete floors offers further opportunity to integrate into the main farmhouse structure. Emphasis has been made to preserve original window details and restore original features while leaving the opportunity to build upon the unique historical legacy of this one-of-a-kind, not-to-be-missed prime compound, nestled among local secluded beaches, vineyards, tree, and agricultural farms.