Are these the new Hamptons? Atlantic Beach on Long Island is seen by investors as an alternative to millionaires’ oasis, with properties fetching median prices of $1.5 million.

Forget hiking to The Hamptons, wealthy New Yorkers now have a fancy place to visit that much closer to home.

Atlantic Beach, which sits on the western tip of Long Island, is only an hour’s drive away, as opposed to the much-vaunted Hamptons, 100 miles to the east, and a good two-and-a-half hour walk, on a good day.

The Hamptons have long been the summer playground for wealthy New Yorkers and celebrities with many high-profile individuals owning property and vacation homes in the area.

It offers beautiful sandy beaches, exclusive shops, art galleries, upscale restaurants and a vibrant nightlife, making it a coveted vacation spot for the rich and famous.

When it comes to real estate, the Hampton market is one of the most expensive in the country, but now Atlantic Beach may be giving the area a run for its money.

Similar to The Hamptons, the real estate market in Atlantic Beach is also exclusive and expensive, especially for beachfront properties and luxury homes.

When it comes to real estate, the Hampton market is one of the most expensive in the country, but now Atlantic Beach offers an attractive alternative.

Property, especially beachfront properties and luxury homes, can fetch prices in the millions of dollars.

But like The Hamptons, Atlantic Beach real estate also has a limited supply of homes for sale. Currently there are only 15 houses for sale.

The most expensive property currently available for sale in the town of 2,000 residents recently went up for sale with an asking price of $11.5 million, a new area record.

The 7,000-square-foot home at 139 Bayside Drive consists of six bedrooms and six bathrooms.

The last time it was on the market, it sold for $2.33 million.

Atlantic Beach sits on the western tip of Long Island, just an hour’s drive from New York, as opposed to the much-vaunted Hamptons 100 miles to the east.

Similar to The Hamptons, Atlantic Beach real estate also has a limited supply of homes for sale. Currently there are only 15 houses for sale.

The dining room of 139 Bayside Drive in Atlantic Beach is seen

The oceanfront home offers many rooms for socializing and relaxing.

The living room has a bar and patio doors leading to the pool terrace

Features include a 140-foot floating dock, a pool and spa, a pool deck

Features include a 140-foot floating dock, pool and spa, poolside sundeck, and state-of-the-art home theater.

The farm has beautiful views of the water and the Atlantic Ocean.

The scarcity of these types of properties has led to an increase in property values ​​and demand from potential buyers.

The quaint town of Atlantic Beach is also known for its beautiful sandy beaches and beachfront properties.

Like The Hamptons, Atlantic Beach also offers a calm and relaxed atmosphere; yet somehow it’s even more appealing to those looking for a beach retreat while still being able to get into town easily.

Houses rise up along the ocean in an aerial photograph taken in Southampton, New York.

The Hamptons, on the South Fork of eastern Long Island, are a series of coastal communities known as a summer destination for wealthy New York City residents.

Many Hamptons residents moor their boats in Sag Harbor to take advantage of the open waters that surround Long Island.

“Atlantic Beach is like the Hamptons without the long drive.” Thomas Tripodi as real estate agent douglas elliman told the New York Post. ‘You can live on the water, seconds from the beach, and yet close enough to town to commute on a Tuesday or every day.

The proximity to the city is particularly attractive, with traffic jams ruining the nearly three-hour drive to the Hamptons during peak summer months.

“Prices here have nearly doubled since COVID and now the return to a normal office work week is fueling another rush of convenience-valuing buyers. Some are looking to live here full-time, others want a second or third home that’s closer than the Hamptons, and they all share the same problem: there isn’t enough inventory for the number of buyers out there.’