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5.65-Acre Hamptons Estate Has Tennis Court, Wants $20M

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Location: Water Mill, N.Y.
Price: $19,995,000
Location: The Southampton hamlet of Water Mill is the 14th most expensive ZIP code in the United States for a reason, and the reason is homes like this one. This 5.65-acre estate features a sunken tennis court, heated pool, and 350 feet of waterfront—also known as the Hamptons trifecta—on Mill Pond, as well as sprawling, manicured lawns and a winding private driveway. The house itself, an 11,380-square-foot shingle-style with 9.5 baths, stone-covered patios, and a two-story turret room, was built in 2000 by noted Hamptons architect John Laffey and last changed hands in 2003 to the tune of $5.5M. Now it's looking to almost quadruple that number, although what, if anything, has been altered in the past 10 years is not readily apparent. What is apparent, though, is that this is and has always been a fantastic home.

· 167 Old Mill Rd, Water Mill, NY [Zillow]
· 167 Old Mill Rd, Water Mill, NY [Sotheby's]