This is a once-in-a-lifetime opportunity to own nearly half an acre of waterfront property in beautiful Groton Long Point. The direct water views and access to Fishers Island Sound are unparalleled and are a boater's dream! With a large level lot, an existing private dock, and a sweet vintage cottage, this is the perfect opportunity to renovate, expand, or build a new dream home / mini estate. Surrounding homes in this neighborhood are much larger luxury properties, with 5-6 bedrooms, multiple bathrooms, and many living spaces. The property is TWO original GLP lots, which may be subdividable. You can build two new homes; renovate the cottage and build an additional home; or renovate and expand the cottage; there are many possibilities! There is also an opportunity to expand the current dock, build an additional dock, or keep a mooring right off the property. Your options are endless!! Take advantage of this unique opportunity to own your personal waterfront dream property!!