There’s no such thing as trailer trash on the East End. At least not when Jimmy Buffett is getting in bidding wars over $430,000 beachfront mobile homes. The manufactured dwelling of his dreams is located in a trailer park near Ditch Plains in Montauk, right down the road from an enclave of Stanford White–designed mansions. High-end caterer Janet O’Brien won out over Buffett, even though he offered $30,000 more: The owner decided to go with O’Brien because she’d called about the property first. “It overlooks the break right there!” raves O’Brien, who, like Buffett, surfs. She’ll rent it out when she’s not riding waves. “It’s the latest trend, living in the Hamptons and having your second home in Montauk,” she says. “Honestly, it’s waterfront! It’s a good investment. I didn’t even look inside it before I bought it.” Next: Holiday Forgiveness for Jean-Georges