epa04005678 Former United States Secretary of State HillaryClinton (R) and her husband former United States President BillClinton are seen before the swearing-in ceremony for New York City Mayor Bill de Blasio as Mayor-elect on the steps of City Hall in New York, USA, 01 January 2014. De Blasio was sworn in as the 109th mayor of New York City on Wednesday, becoming the first Democrat to occupy City Hall in more than two decades while vowing to pursue a sweeping liberal agenda for the nation's largest city. EPA/JASON SZENES Former secretary of State Hillary Clinton and her husband, former president Bill Clinton, last January in New York. (EPA/JASON SZENES)

In the Hamptons, that gilded sandbox for the mega-rich, 1-percenters play fast and loose with the word “slum.”

Take, for instance, recent news that Bill and Hillary Clinton will be “slumming it” in Amagansett, the East Hampton village, during the month of August, according to a new neighbor. The sticker price for the former first couple’s seven-bedroom summer retreat? It’s $100,000 for three weeks. (“Slumming” never sounded so good.)

“The Hamptons is basically divided into north of the highway and south of the highway, where the ocean is,” said Amagansett resident Blake Fleetwood, who broke the news of the Clintons’ vacation plans in the Huffington Post. Properties near the sea on the south side are typically much more expensive, said Fleetwood, who lives close to the Clintons’ temporary home.

“These are the distinctions between the 1-percent and top 10th of the 1-percent,” Fleetwood said.

The single-family home the Clintons are renting is on a 1.3-acre lot known as “the Bell estate.” It is owned by art collector Andre Nasser and his wife, Manhattan real estate agent Lois Nasser. The Nassers are headed to Italy for the rest of the summer, and the Clintons are rumored to arrive at 44 Broadview Road by this Saturday.

The price tag is nearly half of what the Clintons reportedly paid for their vacation home last year in Sagaponack, according to the New York Daily News

From their vantage point atop a 200-feet bluff, the Clintons will get a billion-dollar view of Gardiner’s Island, the historic 3,300-acre private island that has been owned by one family, the Gardiners, for nearly 400 years.

Bill and Hill will also have some deep-pocketed neighbors (and maybe potential 2016 presidential donors). Filmmaker Harvey Weinstein, former Beatle Sir Paul McCartney, actors Alec Baldwin and Gwyneth Paltrow and fashion designers Calvin Klein and Ralph Lauren all live within a mile, Fleetwood said.

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