HOUSE OF THE DAY: Drop Nearly $1 Million On This Insane Hamptons Summer Rental

The Hamptons summer season stretches just 14 weeks from Memorial Day to Labor Day, but renters can spend some serious dough in that brief period.

While many Hamptons rentals cost six figures or more for a summer, some take it to another level.

This home, a 12-bedroom Southampton estate on 10 acres with an indoor pool and grass tennis court, is one example.

It was initially listed for $1.3 million for Memorial Day to Labor Day, making it the priciest rental out east. But even with a price cut to $950,000, it's still one of the most expensive Hamptons houses still available. Michaela Keszler at Douglas Elliman is handling the rental.