Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    86,059.68
    -2,008.18 (-2.28%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Rundown trailer for sale at $1.2 million (after price increase)

Rundown trailer for sale at $1.2 million (after price increase)

"You are not dreaming," this Hamptons listing opens.

Thanks for the clarification, but we'll be honest: That wasn't the first thought to pop into our mind when we saw the listing.

Incredulity, sure — just not of the too-good-to-be-true variety.

The listing is for a one-bedroom, one-bath, half-century-old trailer situated on a flag lot — that is, behind another house, accessed from the street via a long driveway — of about a third of an acre. The New York Post says it "looks like it could be straight out of 'Deliverance.'" And it's $1.1 million.

No, wait. Scratch that; that was last month. The price was just adjusted last week. It's now $1.2 million.

ADVERTISEMENT

That's right, the price went up. (Click here or on a photo for a slideshow.)

The sky-high ask is entirely attributable to the property location: Amagansett South, about a mile from Indian Wells Beach, named one of the Hamptons' most popular beaches by New York Magazine.

"No one, I imagine, would build less than a three-bedroom, three-bathroom house," listing agent Ray Lord of Douglas Elliman Real Estate told the New York Post.

The shed would probably become a pool house, the Post said (though frankly, we're having a tough time seeing that, based on the picture of the shed in the slideshow).

If it sells for anywhere near the asking price, it will be quite a bonanza: Current owner Richard Lester says he paid all of $300 for the property in 1956, and a comparatively kingly $15,000 for the trailer some years later (for which "I had to work my [tail] off," he told the Post).

He and his wife, Tess, are still living there while the property is on the market. They first listed it in October for $1.6 million.

Click here or on a photo for a slideshow of the Hamptons' $1.2 million trailer.

Related on Yahoo Homes:

Rich Hamptonites slum it in trailer parks so they can rent out their mansions
9 totally amazing mobile home makeovers (19 before-and-after pictures)
A luxe triple-wide for nearly $4 million

Related videos: