Nestled in the heart of Babylon Village, 7 Bailey is a rare opportunity to own a piece of the community's history. Built in 1939 and lovingly maintained, as it has been passed down through generations of the original owners ever since, this charming residence offers both character and versatility. The main level welcomes you with an entry foyer that opens into a comfortable living room, a formal dining room, and an eat-in kitchen complete with a pantry and additional dining area. Just beyond, a cozy sunroom provides a peaceful space to relax. This level also includes a bedroom and a full bathroom. An addition built in 1947 extends the main floor and offers a second living room, bedroom and bathroom.  Upstairs, you'll find two more bedrooms, each with its own distinct charm and character. The full unfinished basement, accessible via an outside entrance, houses the oil boiler (installed in 2012), a hot water retention tank, and brand new 200-amp electric panel.  This home offers a wealth of potential in one of Long Island's most desirable villages.