We may soon be able to leave trekking all the way to the Hamptons (and sitting in endless traffic) behind us as, according to the NY Post, investors are eyeing Long Island’s Atlantic Beach as the new Hamptons.
Atlantic Beach, situated on the western tip of Long Island, is just about an hour drive from NYC–a much shorter trip than from NYC to the Hamptons, which takes about 2.5 hours, and that’s just if there’s no traffic.
And while the Hamptons is known as being Long Island’s summer hangout for the wealthy, Atlantic Beach just listed its most expensive home at $11.5 million.
Looks like they’re giving the Hamptons a run for their money!
For sale by Douglas Elliman, the 7,000-square-foot six bedroom six bathroom home sits at 139 Bayside Drive. The waterfront property has a state-of-the-art home theater, a private guest suite, a patio, an in-ground pool with a jacuzzi, an attached garage, and its own 140-foot floating dock.
According to the NY Post, homes rarely list in this area, and only 15 properties are currently on the market. Though the area seems to be making a come up–and it seems to be just in time as Wall Street is set to return to a full five-day work week.
And Atlantic Beach, with it’s population of 1,800, is practically a spitting image of the Hamptons, with beautiful sandy beaches, waterfront properties, and a laid-back ambiance.
“Atlantic Beach is the Hamptons without the commute,” Thomas Tripodi who holds the Douglas Elliman listing with Enzo Morabito told The Post. “You can live on the water, seconds from the beach, and yet close enough to the city that you can commute on a Tuesday or every day.”
“Prices here have almost doubled since COVID and now the return to a normal in-office work week is driving another rush of buyers who prize convenience,” Tripodi added. “Some are looking to live here full-time, others want a second or third home that’s closer than the Hamptons, and they all share the same problem: There isn’t enough inventory for the amount of buyers there are.”
The home is on the market for the first time since 2006, so we can only expect it will go fast. Plus, Atlantic Beach’s close proximity to the city is definitely appealing.