Water Mill spec mansion lists for $32M

A new 11,000-square-foot Barnes Coy-designed home has listed in Water Mill for a pretty penny. The nearly three-acre property at 951 Flying Point Road comes complete with tennis courts, an elevated pool and waterfront views of Channel Pond, Mecox Bay, and the Atlantic from a private dock. The interiors of the nine-bed, 11.5-bath home that’s currently under construction will be decorated with the modern Italian flare of Massimo Castagna. The home will also feature a six-car garage, a gym and an elevator. Bespoke Real Estate’s Zachary and Cody Vichinsky have the listing. [Behind the Hedges]