Real Estate

"The Hamptons are a strong and safe place to invest if you understand the market within the larger market," Peter Mangiameli concluded. "The key is to stay disciplined, have a niche and do not deviate from your proven formula of success."

"While 2017 was a good year, we expect 2018 to be even better," Judi A. Desiderio said.

"We're thrilled to have found a buyer who appreciates the beauty and pedigree of this historically significant property," shared Carol Nobbs and Eileen O'Neill.

The waterfront home boasts 4,700 sq. ft., with 7 bedrooms and 8 full baths.

The 3,870 square foot home features 4 bedrooms and 3.5 baths.

"Location is always a factor in any rental or sale," Batiancela told us. "Having said that, everyone has a different idea of how to spend the precious summer months in the Hamptons."

The actress bought the property back in 2011 for $925,000.

Investors today live in an era offering unprecedented global investment choices, in both active and passive vehicles.

The waterfront property boasts private cottages, inn and award winning restaurant.

Several properties over $5 million recently left the market.