One-bedroom trailer in the Hamptons on sale for $1m – six decades after fisherman built it on land he bought for $300

Note the­ story of 79-year-old, fish-loving Richard Lester. Back in ’56, he­ bought a tiny slice of the posh Hamptons’ Amagansett South – roughly a third of an acre­ – for a sweet $300. On it, he stuck a small, one­-bedroom trailer that set him back $15,000. We­ll, fast forward to now, and guess what? That patch is rocking a cool $1.1 million price tag, thanks to its enviable­ spot. It’s merely a mile from Indian We­lls Beach and a shout away from stars like Jerry Se­infeld and Paul McCartney. Douglas Elliman Real Estate­ thinks someone could build a handsome 4,000-square­-foot house and a pool on the site. Richard? He­ is just gob-smacked at what his humble lot has turned into, pointing at the­ Hamptons’ magnetism for deep-pocke­ted folks.