They say entertainment industry juggernaut Jennifer Lopez finally bit the real estate bullet and bought herself a ten million dollar classic shingled gambrel in the Hamptons, just down the road from scenically stunning Mecox Bay in the sleepy but tony Water Mill area, to be exact.

Listing details show the L-shaped mansion sits on two separate parcels that total about three acres. There are five family bedrooms on the upper floor, a staff suite tucked between the kitchen and the direct entry three car garage on the ground floor plus two more potential bedrooms in the fully finished basement for less favored guests and/or live-in domestic staff. We counted seven full and two half bathrooms, three fireplaces and numerous covered porches on both above ground floors.

In addition to the two potential bedrooms the finished basement also features a steam room and separate sauna just outside a fitness room, an “art room,” a “recreation area” and a media room. Wedged into a tight spot just outside the basement level library is a tiny, windowless massage room massage room and just down the hall there’s an over-sized walk-in cedar closet.

Meanwhile, Marc Anthony, JLow’s third ex-husband and the father of her children, spent a comparatively meager $2.5 million on a much less exciting mock-Med macmansion in Encino, CA. Guess we know who wore the financial pants in that family.

listing photos and floor plan: Corcoran