This is the future proposed by many flying car manufacturers. The Terrafugia Transition has two seats, four wheels and folding wings with a propeller.
The Transition flies at a top speed of 115 miles per hour and has a range of 500 miles, while on the road it will top out at 70 miles per hour and get 35 miles to gallon using unleaded gasoline. It has all the features of regular vehicles like airbags, crumple zones and seat belts. The price, a mere $279,000 once it is available."