Finally, Mr. Dietz of Tahoe Luxury Properties says one of his listings, a waterfront estate in Glenbrook, Nev.

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"It's one of these things where you cannot look and say 'It's worth X, ' because there's nothing like it, " he says, adding that the last 50-acre waterfront estate in Greenwich was sold and subdivided in 1954.

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The 2.4-acre estate sits on Aspatuck Creek waterfront in the Quogue real estate market of eastern Long Island and comes with a 3, 654-square-foot home with 4 bedrooms, 4 baths, 2 fireplaces and a Gunite pool and spa.

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The Mediterranean revival estate sits on Bay Colony waterfront, offering 6, 274 square feet of living space, 4 bedrooms and 5 baths.

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Living close to a body of water has its share of real estate perks water views, waterfront properties, private beaches, and personal boat launches are a few top-of-mind examples.

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