Largely untouched by commerce, the historic enclave is now desirable as much for its atmosphere and architecture as it is for its storied farm stands. In highest demand are estates built close to the ocean or with water views on Daniels Lane, Sagg Main Street, Parsonage Lane, and Hedges Lane.

Practically every household in this prestigious neighborhood can boast a notable name. Creative types and designers have long sought solace here. More recently, many of the nation’s financiers have also set down considerable roots.

Though there remains a handful of holdouts from the days of the family farm, the population today is decidedly that of the 1-percent variety.

Swaths of open space and practically unlimited privacy abound. Removed from the hustle and bustle of the larger villages, Sagaponack is a place to walk barefoot from the house to the beach and to load up the bicycle basket with just-picked fruits and vegetables from the renowned local farm stands.

Sagg Main Beach is a favorite for locals and second-homeowners alike, as is Peter’s Pond, and the world-famous Madoo Conservancy, which is a whimsical wonderland for landscape lovers.

Aside from the intense demand for new residential construction, little has changed in this ocean-fronting Eden in the last century. Protected and prestigious, the quaint village has asingle one-room schoolhouse and a general store. Those looking for a bit of nightlife don’t need to venture too far; Montauk Highway Wölffer Estate Vineyard, which has become synonymous with the very fashionable Hamptons rosé, hosts a variety of musical performers year-round.