And while no property exists on the site currently, there is a beach, stunning views – and the potential to build a huge mansion on the site.
Estate agents Lloyds Property Group says the sale is "an opportunity that may never be repeated".
Lloyds owner Tom Doyle told the Daily Mail the plot could potentially hold a 15,000sqft house – "easily the biggest on Sandbanks".
He added: "Empty plots of land here have sold for £5million before. It is not what is on the site, it is about the potential of it."
Click here to read the full story in the Daily Mail
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