Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy.
And there may be no more exclusive place to own an East End home than Southampton's Meadow Lane, which Forbes once dubbed "billionaire lane."
Not only do Meadow Lane residents have access to a long stretch of private beach, but the median sale price of a home there was just under $18 million in 2012, according to PropertyShark, making it one of the most expensive streets in the US.
The five-mile road even has a helipad to whisk its famous residents off to Manhattan.
Julie Zeveloff contributed to this story.
Meadow Lane is one of the most expensive addresses in the country, and no wonder — it runs along a coveted beachfront strip in one of the most exclusive towns in the Hamptons. The millionaires and billionaires who live there all reside within throwing distance on the same stretch of road.
Source: Forbes
They also live within easy access of the Southampton Heliport, useful to anyone who travels from Manhattan to the Hamptons by helicopter.
Source: Forbes
In mid-2014, the Hamptons home where Diane Keaton and Jack Nicholson holed up in "Something's Gotta Give" sold for $41 million to hotel mogul Jimmy Tisch of Loews Corp. The 8,000-square-foot mansion has 11 bedrooms.
Source: New York Daily News
See the rest of the story at Business Insider