MONTAUK, N.Y. — Trailer trash? Hardly. Expensive? Very.
A 600-square-foot single-wide trailer in the ritzy Hamptons area on the east end of Long Island has been on the market since Sept. 14 for a cool $1.5 million. And according to the listing agency, it sold for that lofty price -- a bargain in the Montauk area of New York.
You know the real estate saying: Location, location, location.
Well, this location is nicknamed “Billionaires’ Corner,” the Miami Herald reported.
Quaint ‘beach condo’ lists for $1.1M in ‘Billionaires’ Corner.’ It’s ... a trailer https://t.co/WzMxxLS774
— Miami Herald (@MiamiHerald) September 24, 2022
“Hear the waves breaking from your deck or choose from three different oceanfront common decks to enjoy watching the surf and possibly a whale or two breaching,” The Corcoran Group writes in a listing for the property.
The trailer has two bedrooms, one bathroom and is located close to stunning views of the Atlantic Ocean.
“This is a highly-coveted community and mobile homes in the area regularly trade for $1 million or more,” Daniel Charles, a representative for The Corcoran Group, told McClatchy News. “People appreciate the amenities and laid-back vibe.”
In October 2020 the trailer sold for $1.65 million, according to The Corcoran Group listing. On July 28, 2022, it sold for $875,000.
The owner has received the asking price in all three transactions since 2020.
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