Affordable options in the Hamptons haven’t disappeared, but you really have to hunt for them these days. Once summer fades and the crowds head home, you might think it’d get easier to buy a place under $1 million.
There’s a little less competition, sure—but that doesn’t mean there are more homes to choose from. Everyone hears about the jaw-dropping waterfront mansions or the latest record sale. But not every buyer is aiming that high.
If you stick to properties under $1 million, you’ll mostly find condos, small cottages, or houses that need a bit of fixing up. Nothing fancy, but a shot at getting your foot in the door.
Some of these homes are ready from day one. Others need work—sometimes a lot. Across the board, though, they’re rare. So when the price is right, people still rush in, even after summer’s over.
If you’re hoping to stop being just a weekend visitor, pick up a retreat, or finally get a piece of the Hamptons, these homes are proof it’s not impossible. The trick is knowing how—and where—to look.
1 Bed / 1 Bath / 740 SqFt/ .15 Acre / $995,000
Just seconds from Maidstone Park Beach on Gardiner’s Bay, this chic East Hampton cottage sits in one of Springs’ oldest waterfront communities. Inside, an open floor plan connects the dining area and living room, with charming built-ins lending a cozy, relaxed feel. The bedroom sits privately at the back of the house, while a sleeping loft offers extra space for guests. Step outside to a fully fenced, private backyard – ideal for morning coffee or unwinding after a day at the beach – complete with an outdoor shower and access to a clean basement for storage.
With local restaurants and a favorite neighborhood coffee shop just moments away, everything you need for an easy, breezy Hamptons escape is right at your fingertips.
Demi Reichart
The Corcoran Group
(631) 278-6826
demi.reichart@corcoran.com
3 Beds / 2 Baths / 936 SF / .46 Acre / $999,000
An Exceptional opportunity at 115 Huntington Crossway to create a custom Hamptons residence in one of Bridgehampton’s increasingly sought-after pockets.
Situated on approximately half an acre, this R-20 zoned property presents compelling potential for builders, investors, or end users looking to design and build a new construction home in a location experiencing significant redevelopment and new-construction activity. The property is improved with an existing 3-bedroom, 2-bath residence along with a full basement, however, the true opportunity lies in the land and its potential for redevelopment.
Huntington Crossway has become an increasingly attractive destination for new construction, with multiple properties in the immediate area being acquired, redeveloped, and transformed into luxury new-construction residences. Ideally located between Bridgehampton and Sag Harbor, the property offers convenient access to Bridgehampton Village, Sag Harbor’s Main Street, world-class dining, shopping, farm stands, golf, equestrian destinations, and the renowned beaches of the Hamptons.
Whether envisioned as a custom residence, luxury spec project, or long-term investment, this property offers an increasingly hard-to-find opportunity to build new on a generously sized parcel in an area where new construction continues to reshape the surrounding market. Existing residence to be conveyed with the property. All information regarding zoning, allowable building envelope, clearing, pool, septic, and redevelopment potential should be independently verified with the Town of Southampton and other appropriate authorities.
Jacob Matone
Elite Realty Advisers
631-316-0783
3 Beds / 2 Baths / 1,316 SF / .18 Acre / $998,000
Robert M. Lohman
Brown Harris Stevens
516-398-9829