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Big Reveal: How Much For This Oceanfront Five-Bedroom In Water Mill?

Location:1225 Flying Point Road, Water Mill
Asking: $16,995,000

Right off the bat, a reader informed us that this Water Mill oceanfront was featured in Newsday's "Rich Cribs" the other week. While he/she was kind enough not to disclose the ask, their comment that it's "typically overpriced" caused a handful of Curbed readers to overestimate dramatically?they were off by as much as $9M. Others weren't so easily swayed, but those guesses were dramatically under the almost-$17M ask. Only Guest #6's answer of $17.5 came close, but they felt the house was "probably worth $13m".

· Listing: 1225 Flying Point Road [Corcoran]
· Pricespotter: How Much For This Oceanfront Five-Bedroom In Water Mill? [Curbed Hamptons]