Water Mill Estate

As far as properties in the Hamptons are concerned, this one is one of the best. Water Mill Estate on Mecox Bay offers great views from one of the most sought-after locales on the planet. The main house is 15,000 sq. ft. big with seven bedrooms and 12.5 baths and it sits on a 2.5 acre lot. But here’s another catch: the property comes with its own private island! That’s right, you’re essentially getting two properties in one, making this purchase seem reasonable, for those heavy hitters in the financial world of course. $40 million.

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