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In Wainscott, An Almost Completed Seven-Bedroom For $17.9M

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For those of you that can wait to spend your hard-earned millions?$17.9M, to be exact?on a home in the Hamptons, please direct your attention to this Sotheby's listing that just hit the web. Slated for completion this fall, the 8500 sq. ft. shingled manor home will offer the usual laundry list of high-end amenities:

"...gourmet eat-in kitchen with top-of-the-line appliances, formal dining room, living room with one of four fireplaces, finished lower level, staff quarters, gym, sauna, wine cellar, game room, laundry facilities, and optional theater. The finest finishes throughout. "The almost-two-acre property will also feature a tennis court as well as an oversized swimming pool and poolhouse with a kitchenette and bathroom. We don't doubt that it'll be a fine lookin' home once finished, but the price point seems incredibly high considering it's a "stone's throw to the ocean" and not, you know, actually on it. Compare it to this East Hampton estate on Lily Pond (also listed by Sotheby's) and we suspect this will have a date with the pricechopper in the coming months. Thoughts?

· Listing: New to Market! Pre-Completion in Coveted Location [Sotheby's International Realty]