Nestled on one of the most desirable streets in East Hampton's Springs, this rare summer retreat sits on just over a half-acre and offers a rustic, bohemian charm, moments from the bay. Originally built in the 1940s as a fisherman's bungalow, the home captures the spirit of a bygone Springs-when artists, drawn by the magical light and natural beauty, made this community their sanctuary. Expanded in the 1970s and thoughtfully improved by the current owner, the residence provides both character and space. The newest wing features a spacious great room with a wood-burning fireplace, an adjacent dining area, and sliding glass doors to the alfresco dining deck for easy entertaining. The original wing retains its cozy charm, offering a second living room with a second fireplace, an open kitchen and breakfast nook, along with two bedrooms and a full bath. Throughout the home, skylights, windows, and sliding doors flood the interiors with natural light, creating bright, breezy living spaces. Outdoors, wraparound decking connects seamlessly to landscaped gardens, a brick patio, and a fire pit-perfect for summer lounging and gatherings. A separate studio and outdoor shower add to the property's appeal, while two gated entrances (including one designed for boat storage and loading) provide flexibility and convenience. The vibrant Springs community enriches the lifestyle with its cultural heritage, bay beaches, marinas, acclaimed restaurants, and a popular Farmers Market. Whether enjoyed as a soulful summer escape or reimagined into something new, 46 Flaggy Hole Road is a truly special opportunity.