‘Beach condo’ that sold for $1.5 in Hamptons’ ‘Billionaires’ Corner” is a trailer

MONTAUK, N.Y. — Trailer trash? Hardly. Expensive? Very.

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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.

“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.