That’s what we are.  Or so says the NYTimes:

February 27, 2009
High & Low | Town of Chatham, N.Y.

Hudson Valley Meets Hollywood



THE Town of Chatham in the northern part of the Hudson River Valley is made up of North Chatham, East Chatham, Chatham Center, Old Chatham, a portion of Chatham village and Malden Bridge. The village is the only one of the “Chathams” that has a main street. Among its charming 19th-century brick buildings are restaurants, shops and a movie theater.

A significant number of the area’s second-home owners have connections to the film industry. The producer and screenwriter James Schamus, who owns a place in nearby Ghent, just completed a film in the area with the director Ang Lee. And Chatham’s FilmColumbia Festival of Film is now entering its 10th year.

Chatham is about two and a half hours from Manhattan and about 30 minutes from the Berkshires. The area, once agricultural, is characterized by historic homes and rolling land suitable for equestrian estates with ponds and open views. Zoning laws that require subdivided lots to be a minimum of 3 acres, 5 acres or 10 acres help preserve the appearance and the experience of the area. The Columbia Land Conservancy, a member-supported nonprofit land trust, has worked to help conserve the rural landscape, farmlands and wildlife habitat.

“For years, this was a quiet area for weekenders, particularly artist types and young couples without children, who would come to buy an affordable historic farmhouse,” said Stephanie Samuelson, a broker with Century 21 Vantage Point Realty. “Now the type of house isn’t the draw, the area is.” Ms. Samuelson said that Chatham is to the Hudson River Valley what Great Barrington was to the Berkshires about 12 years ago.

For $200,000 to $300,000, those looking for a second home can buy a small two- or three-bedroom house that needs a little work. These houses tend to be on a village lot or in one of the hamlets on a small piece of land. There are multimillion-dollar properties as well, but a majority of high-priced houses are listed at $1.25 million to $2.5 million. Buyers still get more land and larger houses there than in the Berkshires, but the price gap isn’t as great as it was in the 1990s, when the Chathams began to attract the attention of weekenders.

Full article including pics of a listing for 1.5 million…