House of the Day: 'Gold Coast' Colonial in Mint Condition

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This enormous $12 million Colonial in Sands Point, Long Island, exudes prestige to passing yachts piloted by New York hedge fund barons and bankers on weekend booze cruises.

Stretching along its three-acre share of the "Gold Coast," the 7,700 square-foot Colonial mansion, 40 minutes or so west of Wall Street, offers eight bedrooms, seven and a half bathrooms, a gourmet chef's kitchen, a dining room capable of accommodating 30 and a covered wrap-around porch. While the home exposes itself to seafarers from a distance, it is far removed from its country lane access road, offering substantial privacy.

Other perks are structural (like a cabana, a two-bedroom. three-car garage gatehouse, and the new dock on a 145-foot stretch of beach) or come as benefits of the location (like the nearby golf and yacht clubs, and snazzy shops).

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Maggie Keats of Prudential Douglass Elliman Real Estate has the listing.

See more Houses of the Day on AOL Real Estate and other homes for sale on Long Island, N.Y.

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