Sagg Pond, also called Sagaponack Pond, forms the village's western boundary with Bridgehampton, and the lanes running down toward it, including Parsonage Lane and Hedges Lane, hold farmhouses and traditional Hamptons houses set well back from tree-lined roads. What defines this band is pond frontage or pond views combined with agricultural reserve outlook, which is a rarer combination than oceanfront and appeals to a different buyer. Brokers have described trades here as among the highest ever recorded on Sagg Pond, though those figures are not independently confirmed. Buyers should confirm what the reserve designations on adjoining land actually permit, because much of the value here rests on the assumption that the view is permanent.