A prime opportunity with exceptional potential - available for the first time in over 6 decades - two of the last remaining vacant waterfront lots in the Inc Village of Babylon and lovely Frederick Shores, a South Shore lifestyle community. Nearly 150' of frontage on the Great South Bay and approximately 90' of frontage on a canal, affording absolutely stunning panoramic water views out toward Robert Moses Causeway, Captree, Oak Island and the potential for sheltered boat docking. The Fred Shore Beach Club (dues) provides residents with a private beach, pavilion, playground & BBQing area, and a vibrant social calendar. This opportunity is for two lots adjacent lots together, subdivided from a singular lot (totaling 1/3 acre) upon which a single family residence once stood. Please refer to ML #3543879 (70' of bay frontage, lot size of .17 acre ) and ML #3543881 (75' of bay frontage plus ~90' of canal, lot size of .16 acre).