17 photos that uncover because rich homebuyers are ditching a Hamptons for this laid-back island destination

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Shelter IslandThis Shelter Island skill is on a marketplace for $32 million.Courtesy of Sotheby’s

If you’re looking for a still strand end to summer in, Shelter Island competence be usually a ticket.

This 8,000-acre island sandwiched between a North and South Forks of Long Island has prolonged been famous as a Hamptons’ quieter sibling. It’s stayed this approach especially since it’s usually accessible by ferry. 

Local genuine estate attorney Jonathan Smith of Sotheby’s says that Shelter Island’s reduction available plcae (for New Yorkers, during least) has helped to keep skill prices down. 

“It’s in a heart of a Hamptons though distant by ferry, and that impacts a viewed value of land,” Smith told Business Insider. “It offers glorious value for Hamptons buyers.”

According to genuine estate site Trulia, median inventory prices for homes in Shelter Island’s many costly neighborhoods float around $1 million. The median inventory cost for houses listed in a Hamptons’ many costly hamlets — tools of East Hampton and Southampton, for instance — are as high as $6.5 million. 

We’ve dull adult a best spots to eat, drink, and stay on a island. And if we like it enough, check out some of a many high-end real estate you can collect adult right now on Shelter Island. 

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