By Annie Newman
Did you ever find yourself thinking about purchasing your dream home? We often hear of names of cities and areas across the United States that are synonym with beautiful beaches, sceneries, celebrity homes, luxurious manors and fancy streets. Some of the most popular places in the United States that come to mind when thinking of those dreamy places include Beverly Hills, Miami Beach, Manhattan and most definitely the Hamptons in New York State. When one thinks of expensive oceanfront homes, places like South Florida and California come to mind but make no mistake, the Hamptons can live up to the highest expectations for offering some of the most breathtaking beachfront properties that the East Coast has to offer. The Hamptons real estate market is worth exploring for your choice of a primary or second home.
Luxury properties in the Hamptons
Real estate prices in the Hamptons rank among the most expensive zip codes in the United States. Buyers can expect to find houses for sale in the Hampton Bays that range from 40 to 100 million dollars. The high value of these homes can be attributed to their proximity to Manhattan, one of the most sought out places to live in the world, and the desirable beachfront location. The Business Week magazine cites Sagaponack, Water Mill and Bridgehampton as being the first, sixth and eighth most expensive zip codes in the U.S. The southern tip of Long Island is comprised of the different neighborhoods of the Hamptons that can be accessed easily from New York City. The population of the Hamptons increases greatly during the summer as well as during many weekends throughout the year. Theatres, golf courses, and shopping in the area are considered exclusive and highly regarded. Most people in the country have heard of the Hamptons but due to its exclusive nature, many have not yet even visited the region. There are more affordable homes in the Hamptons, but it is very common to find residences there in the higher price ranges.
A favorite vacation spot for New Yorkers
Many New Yorkers who are looking to buy a second home often consider the Hamptons as a close-by and first choice peaceful escape from the big city life. It is refreshing for people who live in the densely populated metropolis to view oceanfront homes that are spacious, quiet and incomparable in size to residential properties in the Big Apple. Even with a budget for investment in the millions of dollars, homes in New York City are bound by the limited space that is available and one cannot even dream to have a home in Manhattan as large as can be found in the Hamptons. Houses for sale in Southampton are particularly desirable because they are part of the commercial center of the region. It also includes the largest communities in this part of the Long Island strip. Hard working New Yorkers who have the budget to purchase a second home in places like Florida don’t always have the luxury of time to travel often to those places. Those other locations may require a flight or longer vacations and time off to be accessible. On the other hand, the Hamptons is just a drive away for New Yorkers and they can enjoy going there even for weekends if they cannot take a lot of time off to travel to more far away vacation destinations. It is truly a great choice for people all across the New England area who are looking for a private and upscale setting for their second home.
The Hamptons are no longer known just for vacation homes
During the Covid Pandemic, many people across the United States and especially in big overcrowded cities like Manhattan started to head out temporarily to more quiet regions where they didn’t have to be concerned with densely populated buildings and big crowds. Now, many of those big city residents are starting to find a new appreciation for regions that are more livable yet still quite close to the attractions of a metropolitan area. For many New Yorkers, their second home in the Hamptons have now become their first choice of residence throughout the year. Those who appreciate luxury and a more extravagant yet quiet lifestyle flock to places like the Hamptons that have so much to offer. Some wealthy residents of places like Manhattan still find themselves investing a lot of funds into tiny condos or apartments that are highly priced solely because of their location near Wall Street or Times Square. In the Hamptons, buyers can obtain more amenities and living space in return for their investment. The prices that are high reflect more value in the actual property itself. A two bedroom apartment in Manhattan can have the same asking price as a home in the Hamptons that is many times the size. Private beaches, celebrity sighting, peaceful and less crowded streets, picturesque views, proximity to the big city for work, are all part of the reasons why the communities in the Hamptons are becoming increasingly popular. The architecture in the Hamptons is pleasant to the eye and many homes built across the country even describe themselves as being built with a ‘Hampton Style.’ That style includes natural looks, wide spaces, sunlight, color, and relaxed living styles. The Hamptons include historic and charming buildings, old farming communities as well as the most modern and up to date architecture and decor. This coastal area has some of the most stylish and grandiose homes one can find in any beachfront community in the nation. It is most likely that sales in the area post-pandemic will only increase in the near future.
BARNES New York is at your disposal to help you choose your dream property in the Hamptons due to a strong team of experts that are available to guide you in your search for your perfect residence.