Monday, February 9, 2015

Location, location, location


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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