Waterfront home with spectacular direct views of LI Sound, on ½ lushly landscaped acre. Lounge on your expansive back porch, watch the sun glisten on the water & swim in your own backyard. Entertain in your 40' open LR/DR with 2 stone gas fpls.  A generous master suite plus a 2nd BR are located on the 1st fl and there are 4 add'l BRs & a sitting room upstairs.  A period kitchen is awaiting your personal touches. The same family has owned this historic home since it was custom built in the early 1920s for Duncan MacGregor, the former general manager of the NY Stock Exchange Clearing House.  Built with the finest materials & craftsmanship, it was a showplace on the Island and the scene of lavish entertaining for celebrities, famous politicians and numerous friends and family.  City Island is a quaint 1.5 mile long seaport community. There is public transportation available to NYC.  Don't miss this opportunity to own one of the few homes available in this very special waterfront location. Additional Information:  Amenities:Storage,ParkingFeatures:2 Car Detached,