Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
Greenland, Iceland And Spain To See A Total Solar Eclipse In 200 Days

Greenland, Iceland And Spain To See A Total Solar Eclipse In 200 Days

24 January 2026
WWE SmackDown Results – January 23, 2026: Highlights And Takeaways

WWE SmackDown Results – January 23, 2026: Highlights And Takeaways

24 January 2026
Golf legend Jack Nicklaus wins  million verdict against former business partners over defamation

Golf legend Jack Nicklaus wins $50 million verdict against former business partners over defamation

24 January 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » The housing market is so bad this Long Island house has no running water or power—and it’s on sale for $500,000
News

The housing market is so bad this Long Island house has no running water or power—and it’s on sale for $500,000

Press RoomBy Press Room23 March 20242 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
The housing market is so bad this Long Island house has no running water or power—and it’s on sale for 0,000

An Oak Island home, situated on Long Island’s southern shore near Fire Island, won’t come with electricity, trash collection, or emergency services. And it’s only accessible by boat. 

It’s on sale for $500,000.

Yes, the area offers beautiful ocean views and the chance to rough it on a quiet island oasis just 50 miles from Times Square. Oak Island life is for those with “a very hearty soul,” a resident told The New York Times in 2021, and rewards people who don’t mind doing almost everything on their own. 

But there’s not a single store, restaurant, or postal services, the New York Times reported. Residents rely on solar panels, battery-powered pumps, and propane-fed gas lamps—and notably, it’s illegal to live there the whole year. Its 14,000-plus residents return to their waterfront properties seasonally during the summer months.

The listed house—a four bedroom, two bathroom with 1,950 square feet—was built in 1904 and comes with a small cottage towards the back of the property, a fireplace, and a private waterfront dock. It offers about an acre of land and has “no damages from Hurricane Sandy,” according to the property listing, which was one of the costliest storms in U.S. history.

According to Redfin, the average house in Long Island sells for about $645,000, up more than 12% since last year—and it’s much in line with rising home prices that people are facing all over the country. 

The growing unaffordable housing crisis has been pushing some people to try alternatives, like moving off the grid, which is now a $2.27 billion market poised to reach $4.5 billion by 2030, according to a SkyQuest report. More expensive housing means demand for tiny or off-the-grid housing is “likely to rise significantly over the next five years,” according to SkyQuest, and that younger people who can’t afford home prices and retired people who struggle to maximize their savings will be the main drivers of its growth. 

Subscribe to the new Fortune CEO Weekly Europe newsletter to get corner office insights on the biggest business stories in Europe. Sign up for free.
affordable housing Housing housing costs Housing crisis housing prices New York City Real estate
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

Golf legend Jack Nicklaus wins  million verdict against former business partners over defamation

Golf legend Jack Nicklaus wins $50 million verdict against former business partners over defamation

24 January 2026
Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

24 January 2026
CEOs at Davos were split on how bad the AI job wipeout will be

CEOs at Davos were split on how bad the AI job wipeout will be

24 January 2026
Cursor used a swarm of AI agents powered by OpenAI to build and run a web browser for a week—with no human help. Here’s why developers are buzzing

Cursor used a swarm of AI agents powered by OpenAI to build and run a web browser for a week—with no human help. Here’s why developers are buzzing

24 January 2026
Target faces backlash amid ICE raids after DEI boycotts. But don’t blame politics for profit slump

Target faces backlash amid ICE raids after DEI boycotts. But don’t blame politics for profit slump

24 January 2026
Minneapolis’ icy ICE rally sees 100 clergy arrested as thousands protest ‘federal occupation’

Minneapolis’ icy ICE rally sees 100 clergy arrested as thousands protest ‘federal occupation’

24 January 2026
Don't Miss
Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

By Press Room27 December 2024

Every year, millions of people unwrap Christmas gifts that they do not love, need, or…

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

30 December 2024
John Summit went from working 9 a.m. to 9 p.m. in a ,000 job to a multimillionaire DJ—‘I make more in one show than I would in my entire accounting career’

John Summit went from working 9 a.m. to 9 p.m. in a $65,000 job to a multimillionaire DJ—‘I make more in one show than I would in my entire accounting career’

18 October 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

24 January 20260 Views
Raymond Muratalla Vs. Andy Cruz Full Card, Start Time And How To Watch

Raymond Muratalla Vs. Andy Cruz Full Card, Start Time And How To Watch

24 January 20269 Views
CEOs at Davos were split on how bad the AI job wipeout will be

CEOs at Davos were split on how bad the AI job wipeout will be

24 January 20262 Views
Tesla Cannonball Runs And Empty Robotaxis; The Math On Their Reality

Tesla Cannonball Runs And Empty Robotaxis; The Math On Their Reality

24 January 20260 Views
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
Greenland, Iceland And Spain To See A Total Solar Eclipse In 200 Days

Greenland, Iceland And Spain To See A Total Solar Eclipse In 200 Days

24 January 2026
WWE SmackDown Results – January 23, 2026: Highlights And Takeaways

WWE SmackDown Results – January 23, 2026: Highlights And Takeaways

24 January 2026
Golf legend Jack Nicklaus wins  million verdict against former business partners over defamation

Golf legend Jack Nicklaus wins $50 million verdict against former business partners over defamation

24 January 2026
Most Popular
WWE Saturday Night’s Main Event 2026: Full Card, Start Time

WWE Saturday Night’s Main Event 2026: Full Card, Start Time

24 January 20260 Views
Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

Making billionaires illegal by taxing their wealth wouldn’t even fund the government for a year, budget expert says

24 January 20260 Views
Raymond Muratalla Vs. Andy Cruz Full Card, Start Time And How To Watch

Raymond Muratalla Vs. Andy Cruz Full Card, Start Time And How To Watch

24 January 20269 Views
© 2026 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.