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A central summer destination, it's a playground for the rich - anyone who's anyone, from Beyoncé to Calvin Klein, has a vacation home there. And it looks like the cost to buy one is getting even more expensive.
The current median asking price for a home in the Hamptons is $2.19 million, a 4.7% increase compared to last year, a spokesperson from Out East, a Hamptons real-estate website, told Business Insider. But that has nothing on the most expensive homes sold in the Hamptons during 2018.
Of the top 10, the cheapest home sold for more than $17 million. But the most expensive? That one went for a whopping $40 million.
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See which Hamptons homes sold for the highest price this year, according to Out East.
10) 19 Chauncey Close, East Hampton — $17.28 million
From a 400-foot pond to the Atlantic Ocean, this Georgica home takes waterfront to a whole new level. At 6,100 square feet, it also includes a pool and three fireplaces.
This historic villa dates back to 1919. Recently restored, it retains its original character while balancing modern touches. Its four levels include 11 bedrooms and a six-room master suite.
At 7,136 square feet, this four bedroom home is prime real estate — the owner can watch the ocean waves crash on the shore from the living room window.
A breakfast room offers 360-degree views of the ocean, while a rooftop viewing deck boasts views of the gardens and landscaping in the most expensive home sold in the Hamptons this year. Inside, there's an indoor spa room with a hot tub and endless current pool.
