Photos: $1.2 million Hamptons trailer
The rundown trailer is on about a third of an acre in the Hamptons -- land that cost the owner $300 when he bought it in 1956. Click here to read more about it on Yahoo Homes.
Related on Yahoo Homes:
• Rich Hamptonites slum it in trailer parks so they can rent out their mansions
• 9 totally amazing mobile home makeovers (19 before-and-after pictures)
• A luxe triple-wide for nearly $4 million