article_snippet: A one-bedroom trailer that sits on land purchased for $300 in 1956 is now on the market for an astonishing $1.2million.
article_snippet: the .36 acre plot initially listed for an astonishing $1.6million in October just happens to sit in the exclusive Amagansett South enclave of the Hamptons, near a beach coveted by the super famous and uber wealthy.
article_snippet: Huge price difference:
article_snippet: But nearly six decades on, the property (including the $15,000 trailer, pictured above) is on sale for a whopping $1.2million .
article_snippet: The property listing at Zillow.com is actually up $100,000 from a month ago.
article_snippet: However, the plot originally listed for $1.6million when the plot hit the market in October.
article_snippet: On the plot website, the real estate company tells potential buyers: 'You are not dreaming, this mobile home is over a third of an acre on a private third of an acre flag lot in Amagansett South.
article_snippet: Listings agent Ray Lord, of Douglas Elliman Real Estate, said the price of the site is based solely on the price of the site exclusive, highly sought-after location.
highlights_snippet: Now, the property, situated in exclusive Amagansett South enclave in Hamptons, is on sale for whopping $1.2million .
  
highlights_snippet: The listing price is up by $100,000 since February but the .36 acre plot initially listed for an astonishing $1.6million in October .
  