Inside the most expensive property for sale in the Hamptons, which is listed for $150 million and costs 75 times more than the swanky area's median home

Business Insider | Jul 19, 2019, 06.27PM IST

Southamptons, NY

You can live among New York's wealthiest in the Hamptons - if you have hundreds of millions to spare.

The Hamptons, a series of beach towns dotting eastern Long Island, New York, are known to be vacation spots for America's wealthiest.

The most expensive home for sale in the Hamptons is currently listed at $150 million, according to the real-estate listing platform Out East. That's 75 times more expensive than the Hamptons' median asking price of $1,995,000.

Read more: People aren't buying the most expensive homes in the Hamptons. Here's what it's like living in the ritzy seaside community's priciest ZIP code, where the median home price is $5.5 million

Located in Southampton, New York, 1080 Meadow Lane has been on the market for $150 million for the past two years.

To put that price point into perspective, the Hamptons' second-most expensive home for sale on Out East is listed at $53.9 million.

The Southampton property spans nearly 14 acres and offers around 700 feet of oceanfront property that stretches across three lots.

Keep reading for a look at the property.

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