UNDATED (CNN) -- It's a car! It's a boat! It's a car that is a boat and now you could own it, if there's enough bang in your bank account.
It's a head turner on land, but heads really spin when you take it for a spin in water.
It's called the Sea Lion and it's for sale to the right sort of buyer. Remember 007's submarine car with fins that popped out and a periscope that popped up? Though the Sea Lion doesn't fire missiles, its wheels do retract and a wing on the front goes up to deflect waves. Mechanical engineer Mark Witt spent six years designing and building it, using a Mazda rotary engine.
It's claim to fame as an amphibious vehicle is its speed on land, its engineered to go as fast as 180 miles per hour, though in water, a little over 60 miles per hour in the water.
Amphibious cars like the Gibbs Aquada can easily pull a skier. These are consumer vehicles. But the aluminum Sea Lion is purely a racer with its bubble hatch, not a car to frolic around in the water.
The question is do you wear a seat belt and a life jacket? Witt says, "I've worn the life preserver and I've brought an oar."
Other amphibious vehicle makers promote their cars as chick magnets but the sea lion has been magnetic in its own way. The co-owner of fantasy junction, the dealer selling the racer, says, "The interest has been overwhelming and global."
The sticker price is a mere $259,500. Mark Witt says he's never encountered fish out driving, though apparently the spy who loved me did.
When you're asking a buyer to sink $259,000 into a car, it better have a slightly ambiguous amphibious horn.