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What $2 Million Buys You Right Now in the Hamptons

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$2 million is about the current average price for a house in the Hamptons, so let's take a look at five houses in five towns at that price point. You can choose from waterfront in Southampton, surrounded by nature in Bridgehampton, or across from the ocean in Montauk, among others.

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1. Montauk

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469 Old Montauk Highway
Montauk, NY 11954

Pluses: Great ocean views, right across from the water.

Minuses: Small house, needs renovation and/or expansion.

2. Springs

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757 Springs Fireplace Road
East Hampton, NY 11937

Pluses: Gorgeous house set on 2.6 acres, surrounded by woodland.

Minuses: It's in Springs, not the toniest address. Other than that, we love it.

3. East Hampton

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50 Alewive Brook Road
East Hampton, NY 11937

Pluses: Spacious (6000sf) house set in 1.5 acres of wooded grounds with a nice home theater.

Minuses: Architecturally dated, with weird cubbyholes and angles.

4. Bridgehampton

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351 Brick Kiln Road
Sag Harbor, NY 11963

Pluses: Tons of land with 6.5 acres and a pool.

Minuses: The listing says the current house (modest) could be used as a guesthouse. So on top of $2M, a buyer would probably build a house.

5. Southampton

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34 Landsend Lane
Southampton, NY 11968

Pluses: Right on the water with your own sandy beach. Great for water sports and fishing.

Minuses: Dated, unappealing exterior.

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1. Montauk

469 Old Montauk Highway, Montauk, NY 11954

Pluses: Great ocean views, right across from the water.

Minuses: Small house, needs renovation and/or expansion.

469 Old Montauk Highway
Montauk, NY 11954

2. Springs

757 Springs Fireplace Road, East Hampton, NY 11937

Pluses: Gorgeous house set on 2.6 acres, surrounded by woodland.

Minuses: It's in Springs, not the toniest address. Other than that, we love it.

757 Springs Fireplace Road
East Hampton, NY 11937

3. East Hampton

50 Alewive Brook Road, East Hampton, NY 11937

Pluses: Spacious (6000sf) house set in 1.5 acres of wooded grounds with a nice home theater.

Minuses: Architecturally dated, with weird cubbyholes and angles.

50 Alewive Brook Road
East Hampton, NY 11937

4. Bridgehampton

351 Brick Kiln Road, Sag Harbor, NY 11963

Pluses: Tons of land with 6.5 acres and a pool.

Minuses: The listing says the current house (modest) could be used as a guesthouse. So on top of $2M, a buyer would probably build a house.

351 Brick Kiln Road
Sag Harbor, NY 11963

5. Southampton

34 Landsend Lane, Southampton, NY 11968

Pluses: Right on the water with your own sandy beach. Great for water sports and fishing.

Minuses: Dated, unappealing exterior.

34 Landsend Lane
Southampton, NY 11968