Hammacher Schlemmer's flying hovercraft

This is the hovercraft that glides over land and water yet also soars in the air up to 70 mph with the aid of integrated wings. A 130-hp twin-cylinder, liquid-cooled gasoline engine -- turbocharged and fuel-injected -- drives its 60" wood/carbon composite thrust propeller while a 1,100-rpm 34" lift fan inflates its durable vinyl-coated nylon skirt for hovering above the ground.

Operating in fresh- or saltwater and up to 30% inclines over sand, mud, grass, swamp, desert, ice, and snow, its wings and horizontal elevator enable pilots to simply hop over water- or land-based obstacles up to 20'-high unsurmountable to a typical hovercraft.

A joystick controls three vertical rudders and the elevator, a twist friction-lock throttle controls forward speed, and a variable drive system controls the lift fan for hovering. Braking is provided by lowering the lift fan's rpms; comes to rest on Kevlar composite landing skids.

Its low center of gravity and composite fiberglass/PVC hull enable it to operate in winds up to 25 mph and waves up to 6' when in flight. Two nine-gallon gasoline tanks provide a 160-mile range. Supports pilot/passenger payloads up to 600 lbs. for flight.

I am a bit surprised by the price list. The listing is USD190,000 but based on the photos, it doesn't look USD190,000 worth of stuff. I bet you can build one for just USD19,000 tops.