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

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.