If you aren’t prone to sticker shock when it comes to the cost of Hamptons summer rentals, this one could possibly generate a gasp: A renovated 8,200-square-foot 1910 house on a bay beach in Sag Harbor, according to a recent article in The New York Times, has rented for $395,000 for the season.
The seven-bedroom house is reported to have a heated pool, a putting green, a screening room, a gym, a billiards room, a wine-tasting room and a sauna, and a steam room. The outdoor kitchen is equipped with a refrigerator, a dishwasher, a grill and a fireplace.
Even though the high-end rental market seems to be on track, other renters bent on getting a good deal are reluctant to commit. Plus, there’s an increase in the number of Europeans renting on the East End this season because of the weak dollar.