It might not be all about location, but remembering location, location, location is still some of the best advice. Case in point is this mobile home that listed for $1.1 million.
A 79-year-old fisherman who purchased a modest, third-acre lot in
the Hamptons on New York Long Island paid just $300 for the piece of land in
1956. The fisherman then placed a 700-square-foot, one-bedroom mobile home and
shed on the property and has lived there ever since.
Little did the fisherman
know when he purchased the land, but he hit the jackpot. The tiny piece of land
and single-bedroom trailer home is now with an astonishing $1.1 million. What
makes Richard Lester’s land and mobile so valuable? His neighbors.
The home is
locate just one mile away from the ritzy Indian Wells Beach. The property is
surrounded by huge homes owned by the rich and famous. In fact, Lester can
boast neighbours that include Jerry Seinfeld and Paul McCartney.
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