A mystery buyer wanted an 800-square-foot trailer in the Hamptons so badly that they offered a staggering $3.75 million for it
A mystery buyer is splashing out millions of dollars to live in a roughly 800-square-foot trailer in Montauk Shores, the famed 20-acre oceanfront trailer park where properties trade for more than $1 million, the New York Post. Montauk Shores counts hedge-fund manager Dan Loeb and Vitamin Water cofounder Darius Bikoff as residents.
It took those extra millions to convince the property's owner to sell. Will Gold, a Douglas Elliman real-estate agent who is representing the buyer, told Insider the seller had no intention of parting with the property. According to Gold, it took about seven months of negotiating for the previous owner to finally agree to the sale — a decision that would not be possible if they had not started work on another project in the Montauk area.
Montauk Shores is a quick walk to the beach, allowing residents to bypass the headache of parking a car during the bustling summer season, and also offers residents a swimming pool, a clubhouse, a playground, and a basketball court.
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