Trailer in the Hamptons: Yours for $1.1M

In 1956, fisherman Richard Lester paid $300 for 0.36 acres of property in the Hamptons. Later, he added a $15,000 trailer. Now, the whole thing can be yours for the low, low price of just $1.1 million, the New York Post reports. "You are not dreaming," the listing reads at elliman.com, noting that a nearby house sold for $4 million. The situation, in Amagansett South, offers the unusual opportunity to simultaneously live in a trailer and have celebrity neighbors—in this case, the likes of Paul McCartney, Jerry Seinfeld, and, according to WSOC, Martha Stewart.

The trailer, per the Post, is 700 square feet and "looks like it could be straight out of Deliverance." But a listings agent says you should ignore it: "Erase the trailer from your mind and it’s $1 million for land," he says. "No one, I imagine, would build less than a three-bedroom, three-bathroom house" on the property, which is about a mile from Indian Wells Beach. The general location does seem to be a winner: Last year saw an East Hampton home sell for $147 million. (More Hamptons stories.)