A dandy 40 acre estate in The Hamptons (click here for a Google Maps satellite image of the property.) The price tag on this estate sets an new record for residential real estate (wouldn’t you love to be the sales guy on that deal!) A New York Post article (free registration required) lists some of the features of the estate;
40 acres of pristine oceanfront land
A pool, a pond and sand dunes
On tony Further Lane, one of the best addresses in Hamptons
A main house, two guest cottages and a caretaker’s house
From the sound of it, the main house on the property — described as a modest three-bedroom, three-bath farmhouse — isn’t all that great. But as usual, the key to the whopping selling price is location, location, location.