According to the company, no other amphibious vehicle available to the public can go faster than 10 mph on the water.
The Quadski, powered by a 175 hp BMW engine, can reach speeds of 45 mph on both land and water.
That's FAST. (Read More: 10 Fastest Cars of 2013)
Gibbs Sports Amphibians spent about $200 million to develop the product, and the company claims that 2-million man hours went into creating the vehicle. The plan is to produce 1,000 vehicles to start — interest is already high.
There are anecdotes of people already retrofitting their yachts to make space for the Quadski. (Read More: The World's Largest Yachts)
Pre-orders will begin in November with production ramping up soon after.
According to the company, which is based just outside Detroit, Michigan, the expectation is to sell all of them in 2013 and increase production after that. With scale, the hope is to bring the price down because "normal" ATVs usually cost between $4,000-10,000.
But if you happen to have the means and want to feel like Roger Moore circa 1977 in "The Spy Who Loved Me" this might be your best chance.
-By CNBC's Brian Shactman