Joe Farrell, of Farrell Building Co., built the massive "Sandcastle" house back in 2009, and he's been trying to sell it ever since. Sandcastle originally went on the market for $59.5 million, according to Curbed, and after the most recent $7 million price cut, it's down to $42.5 million.
Read more: http://www.businessinsider.com/hamptons-summer-sandcastle-2011-7#ixzz1XjdNp6Rw
But the estate hasn't just sat empty this whole time. For the past two summers, millionaire Cheryl Mercuris has rented the home in pursuit of finding a rich, banker husband. As far as we know, Mercuris still hasn't found true love, but at the rental price of $500,000 for a summer vacation home, we really hope she does.
The Sandcastle has some great amenities, like a movie theater, bowling alley, walk-in refrigerator, wine room, climbing wall, basketball court, private gym and spa, and so much more.
Read more: http://www.businessinsider.com/hamptons-summer-sandcastle-2011-7#ixzz1XjdNp6Rw
