What $5 million buys you in the Hamptons now

One thing that characterizes Hamptons real estate is variety. A mansion in one neighborhood might barely qualify as habitable in another. Today, we’re comparing properties for sale all around $5 million.

Sag Harbor

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Asking $5.2 million, 33 Morris Cove Lane is perfect for a boater, offering its own dock. The 2900 square foot house is set on 0.92 of an acre; it’s traditional on the exterior while sleek and modern in the interior. And of course there’s a pool.

Montauk

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In Montauk, you can get oceanfront for just under $5 million at Gurney’s Residences (272 Old Montauk Highway). The 4-bedroom, 3.5-bath unit is surprisingly spacious at 3300 square feet, with 1000 square feet of private exterior space. The ocean views are included in the price.

Shelter Island

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The trad house at 189 Ram Island Drive is spacious at 5500 square feet, with 6 bedrooms and 6.5 bathrooms. Just under $5 million purchases 1.3 acres of land including 227 feet of sandy bay beach; if you’re more of a pool person, of course there’s a large pool. The detached garage includes a legal guest suite with bedroom, kitchen, and bath.

Orient

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The Cedars is an historic soundfront estate located at 825 Stephensons Road. Asking $4.775 million, the house retains its circa 1880 exterior, while having been gutted and turned modern on the interior (we’re not so crazy about the interior). There’s a guesthouse, pool and garage set on 4.7 acres with 470 feet of private sandy beach.

Sagaponack

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This place is a very nice, slick modern with some really sexy features, such as the fireplace and the walls of glass. One issue: the place is not actually in Sagaponack proper. 486 Wainscott Harbor Road boasts a 4500 square foot house set in 1.36 acre of woods and is yours for $5.25 million.