The Hamptons has long been home to some of the country's most expensive real estate. The average sales price for a Hamptons pad hit $1.6 million in the second quarter—on par with Manhattan and way above San Francisco.
The most expensive home in America just sold in East Hampton, for $147 million.
But it is still possible to find some bargains in this sandbox of the super rich. With that in mind, we set out to find the cheapest home in the Hamptons. Our search led us to a small, two-bedroom house tucked away in the woods of East Hampton.