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Sagaponack oceanfront summer rental asking $1.2M

This Sagaponack mansion, available for sale and as

This Sagaponack mansion, available for sale and as a seasonal rental, sits on 2.6 acres with a pool and 155 feet of oceanfront. The price to rent it for the summer is $1.2 million. Asking price in March 2016 is $38.995 million. Credit: The Corcoran Group / Michael Heller

This oceanfront mansion in Sagaponack is asking $1.2 million for Memorial Day through Labor Day, making it one of the priciest summer rentals in the Hamptons this year.

The wood-shingled, 9,500-square-foot home, which has seven bedrooms and nine bathrooms, sits on 2.6 acres with a pool and 155 feet of oceanfront.

The home has a large chef’s kitchen, floor-to-ceiling windows and decks overlooking the water.

The home is also for sale for $38.995 million, or can be rented for $500,000 in July, $550,000 August through Labor Day and $1.05 million for July and August.

Both listings are with Susan Breitenbach of The Corcoran Group.

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