What Can You Get In The Hamptons For Under $1M Right Now? 04.14.2026

Summer in the Hamptons isn’t just coming—it’s already beginning to cast a long shadow over the market.

This is the narrow window just before everything accelerates, when the first wave of seasonal demand starts to build but hasn’t yet fully taken hold. Inventory still exists, pricing hasn’t completely tightened, and there’s a sense—brief but real—that buyers can move with a bit more room to think. That window doesn’t last long. As summer approaches, urgency returns, competition sharpens, and the market begins to move with far more conviction.

The reality is, there are very few homes left under $1 million, and that segment continues to shrink year after year. What remains isn’t just entry-level—it’s opportunity. For buyers with a longer view, these properties offer a foothold: something to improve, reposition, or simply hold as values continue their upward trajectory.

By the time summer fully arrives, that flexibility is largely gone. The pace picks up, expectations reset, and the market becomes far less forgiving to hesitation.

236 Edgemere, #423, Montauk

Co-op / 1 Bedrooms / 2 Baths / Pool & Tennis / $399,000

Enjoy crisp water and sunset views over Fort Pond Bay and Gardiners Island from this 4th-floor west exposure 1-bedroom 2-bath loft duplex deluxe apartment in Montauk Manor. The accommodation offers an expansive loft, dining/living area, and pristine views. Property amenities include a grand lobby, on-site restaurant, new indoor pool, an outdoor pool, a relaxing inner courtyard, 3 tennis courts, BBQ area, building-wide Wi-Fi, gym, spa, conference room, courtesy shuttle, and beautifully manicured grounds.

Cynthia Ibrahim
William Raveis
631.375.2237

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12 Ocean Avenue, East Quogue

4 Bedrooms / 3 Baths / 1,400 SF / $799,000

Welcome to 12 Ocean Avenue, a well-maintained home nestled in the desirable hamlet of East Quogue. This inviting residence offers comfort and functionality —perfect for those seeking a year-round home, weekend retreat, or investment opportunity. The home features a convenient primary bedroom and full bathroom on the lower level, offering flexibility and ease of living. Generously sized additional bedrooms provide ample space. A full basement with outside entrance adds valuable bonus space—ideal for storage, recreation, or future customization. Step outside to a clean, open backyard, ready to be transformed into your personal outdoor oasis—whether you envision entertaining, gardening, or simply relaxing in your own private setting. Ideally located just minutes from some of the East End’s most sought-after destinations, including the pristine shores of Dune Road Beaches and the scenic beauty of Quogue Wildlife Refuge. Enjoy easy access to local dining, boutique shopping, and charming village amenities. Commuters and travelers will appreciate proximity to major roadways such as Montauk Highway and Sunrise Highway. Don’t miss this opportunity to own a home in one of Long Island’s most desirable coastal communities—offering both tranquility and accessibility.

Karen Clark
Handsome Real Estate Inc
631-678-5756
karen.clark@handsomere.com

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74 Richardson Avenue, East Hampton

1 Bedrooms / 1 Bath / 500 SF / $999,999

The Ultimate Springs Waterfront Retreat: 74 Richardson Ave, East Hampton. Rarely does a property combine authentic beach cottage charm with the exclusive lifestyle of a private boater’s sanctuary. This meticulously maintained 2-bedroom, 1-bath retreat is more than a home; it is your gateway to the most coveted coastal experiences in the Springs.The Boater’s Dream: Ideally positioned just moments from the pristine sands of Maidstone Park Beach. For the outdoor enthusiast, this means effortless access to Three Mile Harbor for boating, kayaking, and paddleboarding at a moment’s notice. Casual Luxury & Effortless Living: The home’s “Coastal Chic” aesthetic is designed for a seamless indoor-outdoor flow. Sun-Drenched Deck: Perfect for morning coffee or sunset entertaining. Outdoor Shower: The essential Hamptons luxury for rinsing off after a day at the beach. Turnkey Potential: Whether you are looking for a stylish summer hideaway, a lucrative investment property, or a “cool” manageable residence, this cottage is reimagined for modern Hamptons living. Prime Location: Steps from the legendary Rita’s Cantina and the calm waters of the bay, 74 Richardson Ave is perfectly situated to capture the best of East Hampton. Simple, relaxed, and full of timeless allure—this is a rare opportunity to own a piece of the beach life that truly delivers.

Elizabeth Cordova Alata
Douglas Elliman
360.764.1488
elizabeth.cordovaalata@elliman.com