I couldn't find a picture of the house so imagine it in a condition as good as this one is bad, on a beach that's as nice to look at as this one is rocky and unkept:
I can only recall visiting the Hamptons once about 15 years ago so to me, it just seemed like another beach area with nice homes, etc. However, anytime you get 40 acres of land with some beachfront property, it really doesn't matter where in the U.S. it's located since beachland = good real estate investment.
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