This is The End: Montauk mobile home lists for $1.6M

Or is it? Trailer community next to ocean has been drawing beach bums and billionaires for years

Tri-State /
Oct.October 04, 2021 04:30 PM

100 Deforest Road, Montauk, NY (Corcoran)

A 625-square-foot trailer home in Montauk is on the market for $1.62 million.

That might seem high for a mobile home, but the property in Montauk Shores community has a good chance of selling near that price, according to Dirt. A 595-square-foot unit in the community sold this summer for $1.6 million.

Proximity to the beach plays a big part. The complex sits at 100 Deforest Avenue, just feet from the shores of the Atlantic Ocean on the town’s southeastern edge.

The location has attracted people like Jimmy Buffett, billionaire investor Daniel Loeb, and Energy Brands co-founder Darius Bikoff, to name a few residents. The modest accommodations are no doubt a novelty for the ultra-wealthy.

The seven-figure asking price isn’t a post-coronavirus phenomenon — units at Montauk Shores have asked and secured $1-million-plus prices for years.

At least 10 units have sold over the last 12 months for between $675,000 and $1.4 million, with units closer to the beach commanding higher prices.

[Dirt] — Dennis Lynch





    Related Articles

    arrow_forward_ios
    George Filopoulos, Lloyd Goldman and Gurney’s Montauk hotel (Gurney's, Getty)
    Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
    Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
    Manhattan condo signings jump 65% in November, led by priciest homes
    Manhattan condo signings jump 65% in November, led by priciest homes
    Manhattan condo signings jump 65% in November, led by priciest homes
    (Bespoke Real Estate)
    Hamptons mansion featured on “Succession” trades for $45M
    Hamptons mansion featured on “Succession” trades for $45M
    Buyer in deal for oceanfront Wainscott home asking $37M
    Buyer in deal for oceanfront Wainscott home asking $37M
    Buyer in deal for oceanfront Wainscott home asking $37M
    Westchester estate breaks local sale-price record: $11.3M
    Westchester estate breaks local sale-price record: $11.3M
    Westchester estate breaks local sale-price record: $11.3M
    East Hampton pursues affordable housing dev for former Baptist church
    East Hampton pursues affordable housing dev for former Baptist church
    East Hampton pursues affordable housing dev for former Baptist church
    840 Meadow Lane (Photos via Tim Davis)
    Southampton home on Meadow Lane fetches $70M
    Southampton home on Meadow Lane fetches $70M
    (L-R) Four Seasons Sotheby’s International Realty's Gary DiMauro, Redfin's New York market manager Matthew Frary; Four Seasons Sotheby’s International Realty President Laurie Mecier-Brochu and CEO Alan DiStasio are expanding their Hudson Valley footprint (Redfin, Four Seasons Sotheby’s International Realty)
    Battle for Hudson Valley heats up as Sotheby’s, Redfin seek to cash in
    Battle for Hudson Valley heats up as Sotheby’s, Redfin seek to cash in
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...