Hampton Bays, a hamlet on the western end of Suffolk's South Fork, was named for one of its bounties. The 11.5-square-mile hamlet is bordered by three bays -- the Great Peconic Bay to the north and the Tiana and Shinnecock bays to the south. The Shinnecock Inlet connects Shinnecock Bay to the Atlantic Ocean, making it a prime location for fishermen. In fact, Hampton Bays is the second-busiest commercial fishing port in New York State, moving more than 6 million pounds of fish and shellfish each year.

The community offers some of the "premier waterfronts in the Hamptons," says agent Theresa Thompson of Douglas Elliman Real Estate. But the hamlet is also unique for its accessibility, both in price and location. Thompson says Hampton Bays offers a large variety of houses and "the most affordable homes in the Hamptons," and its central location makes it easy to travel to, by car or by train.

Residents recommend Ponquogue Beach, where surfers and swimmers can enjoy the ocean, and Red Creek Park, which offers a playground, skate park, baseball and soccer fields as well as tennis and basketball courts. There's also Sears Bellows Park for camping and Squiretown Park, where hikers are treated to views from the bluffs overlooking the bay.

Also treasured by the locals -- Cor-J Seafood on Lighthouse Road, where you can sample the catch of the day, and Nurel's Farmers Market, where you'll have to arrive early if you want to score one of their fresh-baked fruit pies.

Construction begins this fall on Good Ground Park, in the hamlet center, says Southampton Town spokeswoman Jennifer Garvey. The project will feature an amphitheater with tiered seating, a playground and open spaces. Another project, approved in January, will restore and revitalize the historic Canoe Place Inn and allow town houses to be built on the east side of Shinnecock Canal.

CONDOS AND TOWN HOUSES. There are 12 listings ranging in price from $225,000 to $585,000

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SALES PRICES. Between Aug. 1, 2014, and Aug. 31, 2015, there were 202 home sales, with a median price of $395,000, according to the Multiple Listing Services of Long Island. The low price for that period was $168,000 and the high was $2.45 million. During that same period a year earlier, there were 199 sales with a median price of $350,000. The price range was $140,000 to $1.785 million.

ATTRACTIONS. Oaklands Restaurant and Marina; East Landing and West Landing Beaches; Surfing Beach at Road K.

OTHER STATS

Town: Southampton

Area: 11.5 square miles

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ZIP code: 11946

Population: 13,603

Median age: 42.4

Median household income: $72,837

Median home value: $410,000*

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LIRR time to NYC: One train during peak hours, 2 hours 10 minutes

Monthly ticket: $485

School district: Hampton Bays

Sources: 2010 Census; mlsli.com; LIRR;
*Based on sales in the past six months, according to MLSLI

ON MULTIPLE LISTINGS

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Number of houses: 153

Price range: $249,000 to $3.999 million

Tax range: $2,832 to $32,964

RECENTLY SOLD

$289,000, Washington Heights Avenue

This three-bedroom ranch sold for its full asking price after 56 days on the market. The home, which was built in 1953, has one bathroom, an eat-in kitchen and a family room. There's a front porch on the 875-square-foot house, which is set on a 0.3-acre lot. Taxes are $4,000.

$495,000, Duke Place

With an original asking price of $529,000, this three-bedroom ranch sold after 383 days on the market. The house has two full bathrooms and a great room. Built in 2014, the home features cathedral ceilings, hardwood floors and a fireplace. There's a rear deck and two-car garage on the 0.36-acre property, which is on a cul-de-sac. Taxes are $6,000.

$750,000, East Donellan Road

After 784 days on the market, this three-bedroom home sold for $149,000 less than its original asking price of $899,000. The home has two bathrooms, a combined living room and dining room, a full basement and a fireplace. The 1939 home is built on a 0.6-acre parcel, which features bay views, an in-ground heated pool, and wooden deck, porch and patio. The home comes with beach rights. Taxes are $7,281.

NOW ON THE MARKET

Starter, $359,000

This three-bedroom ranch offers a master suite and two full bathrooms. The home features an eat-in kitchen as well as a formal dining room, living room and den. There's a shed and a deck with an awning on the 0.32-acre property. Taxes are $4,576. Ralph DeRosa, Island View Properties, 631-834-0728.

Trade-up, $714,999

This five-bedroom home has two full bathrooms and formal living and dining rooms. There's a master suite, fireplace and hardwood floors throughout. The 0.97-acre property features Trex decks, in-ground sprinklers and a two-car garage. Taxes are $10,349. Rachel McAllister, South Fork Realty, 631-921-9547.

High-end, $1.595 million

There are two master suites and three levels of living space in this five-bedroom Postmodern. The house five bathrooms and a half-bath as well as a fireplace. The 1.2-acre property overlooks a creek and comes with a 200-foot bulkhead and a heated gunite pool. Taxes are $23,000. Theresa Thompson, Douglas Elliman Real Estate, 631-871-7844.