This 12-Acre Water Mill Estate Is Available to Rent for the First Time, Asking $2.5M for the Entire Summer

High season in the Hamptons is approaching quickly, stretching from Memorial Day to Labor Day. The coveted area often has top-dollar rental prices, especially during this period, and this Water Mill estate is one of the most expensive rentals on the market. To rent it for the entire high season would cost you $2.5 million—a jaw-dropping splurge even for the most elite. With its great privacy and over-the-top amenities, however, it wouldn’t be surprising if celebrities or high-net-worth moguls set their sights on this rare rental for the summer.

Boasting 12.2 acres, 70 Cobb Lane is a sprawling compound ideal for those who want summertime fun in a discrete location. The mansion itself spans over 28,000 square feet and across three floors, exuding a stately feel that starts in the foyer. A double staircases and double-height ceilings make a grand first impression, which continues on in the sleek chef’s kitchen, modern yet inviting living areas, and dreamy outdoor spaces. A combination of dark woods and sophisticated stone work are a little different from the typical Hamptons coastal feel, but deliver a polished, Hawaii-esque tropical look instead.

Upstairs is where seven of the 11 total bedrooms can be found, including the stunning primary suite. The oversized property is more than large enough to accommodate overnight guests and visitors, including a separate pool house and more bedrooms on the lower level. The lower level also holds a bowling alley, arcade games, indoor basketball court, and a movie theater to delight both kids and adults. For some R&R, a sauna and fitness center also await.

It’s no surprising that the estate’s outdoor amenities check every luxury box, too. A heated pool with a spa and waterfall are surrounded by lounge spaces and chaises, contributing to the feel of a five-star resort.

Someone with deep pockets can also choose to rent the posh property from July to Labor Day for $2 million, for the month of July for $1 million, and August to Labor Day for $1.25 million. Bringing this A-list estate to potential A-list tenants is Hedgerow Exclusive Properties.