The Old King Farmhouse and Owl Hollow artist's studio form a historic 1.05+/- acre designer compound in the bucolic hamlet of Peconic on the North Fork. The magnificent 3260+/- sf Italianate style Victorian era Farmhouse c.1860 features 4 bedrooms and 2.5 baths with a purpose-built 1200+/-sf artist studio. Brimming with history and character, both buildings' important architectural attributes remain intact and hold separate Certificates of Occupancy, rental permits, updated utilities, new septic systems, and driveways. Both buildings have a successful rental history within the luxury market. The heated saltwater 18' x 36' pool integrates the indoor and outdoor living spaces, with the potential for the south-facing sunroom to open onto the pool patio & the 2-car garage to be converted into a pool house. The artist's studio features double-height, north-facing windows overlooking a lush vista over clipped hedges, a fenced vegetable garden, and a loosely planted, pollinator-friendly herbaceous border with a backdrop of layered trees. Also on the compound is a pre-existing, non-conforming, wattle and daub constructed stable, potentially adding temperature-controlled storage and additional space. 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., Additional information: Green Features:Insulated Doors,Interior Features:Guest Quarters