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Super-Sized Dollars, Super Luxury, Tiny Homes

How Little Can A Million Dollars Buy?

By Archana Aithal Rose December 26, 2016
Photo courtesy of HGTV

Spartan luxury living in metro cities has some stiff competition—tiny houses are now selling for a not-so-tiny $1 million and more. So, what’s wrong with this equation? Well, everything.

When people list their top five reasons to go tiny, they include affordability, mobility, minimalism, freedom from heavy mortgages and exemption of property taxes. In fact, for a majority of Americans, 1/3 to 1/2 of their income goes toward putting a roof over their head. That percentage translates to 15 years of working over a lifetime to pay for it, which is exactly why 76% of Americans are living paycheck to paycheck.

Related: Property Brothers Might Just Crush Your Tiny (House) Dreams

So in a sense, isn’t blowing $1 million on a tiny house debunking all the reasons behind this anti-materialist zeitgeist? But stranger things have happened in the era of absurdity, like recent alien sightings in Florida, free the nipple movement and reality TV stars running for president. So why not million dollar tiny homes?

Photo courtesy of HGTV

These million dollar tiny homes will show you how you too can spend big on living small. What justifies their steep price tags are the high-end luxe touches some of these itty-bitty homes have.  A 488 sq. ft. studio condo in the Trump Soho Hotel, priced at $1,350,000 is for folks who’d rather get frisky than lazy, with more bedroom space than living, Turkish deep- soaking tub, glass enclosed walk-in shower and rain showerhead. For a little less money and space, a 474 sq. ft. condo at the St. Regis Hotel off Fifth Avenue is going for $1,300,000. A stylish one-bedroom condo is 812 sq. ft. in size in a building that has year round outdoor heated pools, saunas and hot tubs to warm up after a good skating session.

Three-bedrooms squeezed into 760 sq. ft. of space; an Eastham, Massachusetts beach house that’s listed at $949,900 is only a few sandy steps to a private beach on Cape Cod Bay. For the exact same space in Essex, Connecticut, a two-bedroom house built in 1800 is priced at $1,100,000. Hardly a mutant aberration, a San Clemente house in California, priced at $1,849,000 has two bedrooms, two bathrooms, a private spa and marble kitchen-all this with an ocean view.

A similar-sized, 2-bed, 2-bath unit in Cali’s Newport comes has marble countertops and baths with a park view. In Nokomis, Florida, $1,299,000 will buy you a 1070 sq. ft. of beachfront property with a fireplace, solar hot water and hurricane windows. With 1000 square feet to play, at least your sink won’t double up as a shower and your oven, as a clothes dryer. But some peeps in Santa Barbara, California are taking pared down living seriously, sticking to only 510 sq. ft. in space. A one bedroom, one bathroom home is listed at $1,199,000. So now that you have an eclectic oeuvre of tiny homes in different zip codes to choose from, what are you going to spend that million on?

Archana Aithal Rose

ABOUT THE AUTHOR Archana Aithal Rose

ABOUT THE AUTHOR Archana Aithal Rose

Archana Aithal Rose’s articles have appeared in The Times of India, CNNGo, Condé Nast Traveler and Vogue, covering such broad range of topics as fashion, art, travel, culture, celebrities, architecture and technology. In addition to writing, Archana's also known for her mad photography and cooking skills.

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