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New York

The Island’s price of admission

Long Island, which dominated a 2015 Forbes list with 26 of the most expensive zip codes in the country, has no shortage of upscale enclaves.

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Long-Island-Heat-Map-small

(Click to enlarge, Photo credit: Trulia)

Long Island, which dominated a 2015 Forbes list with 26 of the most expensive zip codes in the country, has no shortage of upscale enclaves. Those neighborhoods include Sagaponack (No. 2 on the list with a median home price of $7.4 million), Port Washington, Great Neck, East Hampton and Southampton, among others.

Nassau and Suffolk counties have a combined population of more than 2.8 million residents and are notable for counting among them a number of American celebrities and other public figures. The Island is also known for its many state parks along the ocean and sound, its prestigious school music programs and its various entertainment venues, including Nassau Coliseum and the Nikon at Jones Beach Theater. After all, what’s opulence without atmosphere? See our map of median listing prices on Long Island to get a more detailed look at the cost of entry.

Fire-Island

Fire Island

While the prime areas of Fire Island’s residential market remain red hot, some property owners are being forced to move their homes or lose their homes. In an effort to restore 12.5 miles of protective dunes flattened by Hurricane Sandy, the Army Corps of Engineers is creating a new dune line that will run the length of the island at a cost of more than $200 million. In order to do so, government officials will need to acquire and tear down several dozen houses in Davis Park and Ocean Bay Park, as the New York Times has reported.

The Big Duck has benefited in the past few years from new landscaping and a reconstructed barn where visitors can get duck memorabilia and tourism information. The 30-foot-tall property was built in 1931 by duck farmer Martin Maurer as a shop to sell ducks and duck eggs and is now a national landmark. The Big Duck has also been used as a venue for special events hosted by the Suffolk County Parks Department and has been transported to the Hamptons for such occasions.

90-Briar-Lane

90 Brair Lane

The “Briar Patch” estate at 90 Briar Lane in East Hampton is still available for $140 million through local brokerage Brown Harris Stevens of the Hamptons. Education entrepreneur Chris Whittle put the home up for sale in late 2014, due to the strength of the East End’s real estate market, and the property was named the most expensive home listed in New York when it hit the market. The 11-acre waterfront estate includes a 10,000-square-foot main house, built in 1931, and a four-bedroom guest house.

60-Further-LaneEast End Home prices may still have room to grow, as the median price on the South Fork rose 3 percent in Q4 2015, according to the Corcoran Group. Meanwhile, the Hamptons rental market reached a new watermark of $2.5 million for a 18,000-square-foot home available between Memorial Day and Labor Day 2016. The affluent resort area still holds the record for the priciest residential property to ever trade hands in the U.S. ($147 million for an 18-acre estate at 60 Further Lane in East Hampton that sold in May 2014. )