Back to today’s briefing

Story perspectives

Luxury Homes Raffle: Your Chance at $2M for $535K!

10/4/2025

50 7

Summary

Story summary

The Hamptons raffle offers luxury homes at $535,875, well below the $2 million market price, as median prices approach $1.9 million.
The lottery is open to first-time buyers through October 20, with four Watermill Crossing condos available.
Eligible earners must make $92,350–$150,050 or $131,900–$214,350 for a family of four, with a 3% down payment on primary residence and resale caps.

1 of 1

Story summary

The Hamptons raffle offers luxury homes at $535,875, well below the $2 million market price, as median prices approach $1.9 million.
The lottery is open to first-time buyers through October 20, with four Watermill Crossing condos available.
Eligible earners must make $92,350–$150,050 or $131,900–$214,350 for a family of four, with a 3% down payment on primary residence and resale caps.