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A Hamptons trailer on the market for $1.1M -- it's all about location

Owner Richard Lester, 79, is asking $1.1 million

Owner Richard Lester, 79, is asking $1.1 million for this 48-year-old, 700-square-foot trailer and its .36-acre flag lot and shed -- the lowest asking price for a property in Amagansett south of Montauk Highway. Photo Credit: Richard Lester

Here's a million-dollar listing in the Hamptons that stands out from the others -- a mobile home.

Owner Richard Lester, 79, is asking $1.1 million for the 48-year-old, 700-square-foot trailer and its .36-acre flag lot and shed -- the lowest asking price for a property in Amagansett south of Montauk Highway. The two-bedroom, two-bathroom mobile home is about two minutes from the ocean and about a quarter of a mile from Jerry Seinfeld's estate.

It is also about 50 yards from a new house that sold for nearly $4 million two years ago, says Chris Chapin of Douglas Elliman Real Estate, who is co-listing the property with Ray Lord and Brian Blekicki. The property can accommodate a new 4,000-square-foot home with a 20-by-50-foot in-ground pool, Chapin says.

"Everything's about the land here," says Lord. "The asking price is all because of the location."

Lester's family has been in the area for at least the better part of a century. The bayman recalls his father and grandfather harpooning whales off Montauk Point.

Back in the day, Amagansett was the epicenter for baymen, Chapin says. And since fish odor permeated the air, the area was known as "Poseyville" because "it did not exactly smell like posies," he says.

While Lester's sister now resides in Florida, his brother, also a bayman, is staying put in the neighboring old Coast Guard station building he purchased many years ago. As for Lester and his wife, Theresa -- they say they plan to move to Hampton Bays, where they would like to buy their first house.

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