Address: 342 Lopers Path, Water Mill
Asking Price: $4,995,000 Another week, another Pricespotter contestant that elicited an outpouring of guesses underestimating the asking price. One reader tried to use a little logic and posited 3mm because "the Hearst place that sold [nearby] is on twice as much property and offers more square footage." But this home offers "CLEARED land with lots of open space around it," responded a commenter who offered a still-low $3.995 for the listing's pricetag. There was one reader who basically hit the Pricespotting nail on the head, though. Congratulations, Guest #7. Your estimate of 5mm makes you this week's big winner.