They say the Hamptons is an expensive place – but who would have thought the area’s high prices would extend to mobile homes?
An off-market listing for an 800-square-foot oceanfront Montauk trailer is under contract to sell for a record $3.75 million, which equates to $5,000 per square foot, the Post has learned.
Located in Montauk Shores, the price point is several times the previous record in the area, where the last highest recorded sale was $1.85 million for a trailer that traded in 2022.
It is certainly a high price to pay. When compared to New York City’s luxury market, a nearly identical price per square foot — $4,998 — is getting a deep-pocketed buyer a 3,951-square-foot penthouse at the Robert A.M. Stern-designed 30 Park Place in Tribeca. he is also under contract now, according to StreetEasy. However, the Hamptons trailer costs less per square foot than the roughly 17,550-square-foot penthouse listed in late 2022 for $250 million — $14,249 per square foot — in Central Park Tower. that will set a record That’s a royal sum if he shakes hands for the most expensive home ever sold in America.
Will Gould with The Atlantic team at Douglas Elliman represented the undisclosed buyer.
“The Ditch Plains area in general is very special. It’s an oasis for surfers and beach-goers, and has been subject to an extraordinary amount of development and change over the years,” Gould told the Post.
Custom-built by John Hummel, the two-bedroom, two-bathroom mobile home abounds in high-end finishes with a modern beach vibe.
Amenities include 180-degree ocean views from the living room and rear deck, a gas fireplace, a private deck, a grill, and an outdoor shower. The primary suite has its own bathroom.
“Especially since COVID, individuals and families have realized the value of oceanfront communities and are paying for it,” Gould said. “This oceanfront row of units in ‘Montauk Shores’ is the perfect opportunity to enjoy everything Ditch Plains has to offer.”
The sale is due to close next month.
For its part, the community has swimming pools, a recreation center, a playground, and a basketball court.
The area has famously attracted big-name and deep-pocketed individuals such as Jimmy Buffett, who once got involved in a bidding war. beach mobile home,
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That said, this trailer park community has become an unusual status symbol for the ultra-wealthy.
Vitaminwater co-founder Darius Bikoff, hedge-fund manager Dan Loeb and filmmaker Karen Lauder have it all invested in a trailer in the community,
“I know some billionaires here,” Montauk resident and architect Fred Staley previously told the Post. “The most appealing aspect is the park’s quality of life. It’s a classic throwback to a summer community—relaxed and low-key in a funky way, like what Southern California would have been like in the 1950s, and it’s safe for kids.”
In the past year alone, and in addition to previous record sales, there have been at least 10 mobile home sales for between $675,000 and $1.4 million. And trailers closer to the beach are even more expensive.