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Single-family homes on the water start in the high $300,000s to low $400,000 range, such as this four-bedroom on 2.31 acres listed at $410,000 or this three-bedroom on the market for $399,000. Norris Lake dominates the area to the south. William Hereford. It boasts quaint shops and restaurants that surround the town square and plenty of locals who like to watch the passers-by as they sip beverages on their front porches. Other towns in the area include Lakeland, Lakeview, Lakeside, Osage Beach, Sunrise Beach, and others. Greenwood, South Carolina. To come up with our list of the nations most affordable lake towns, we looked at more than 11,000 towns with or on lakes. 27 Top Lake Vacations in the U.S. - US News & World Report Homes, Townhomes, Condos: $139.9K - $2.8M Lots: $20K - $595K. Bransons usually-packed Silver Dollar City theme park, Dolly Partons Stampede and live country music shows may not be nearly as appealing during the pandemic as they have been in summers past, but theres plenty of opportunity to distance from strangers across the areas many lakes. Best Lake Towns In America - Best Lake Towns to Retire - Country Living Average temperature: 71.8 degrees. Dillon's overall cost of living score is 88, compared to South Carolina's 94 and the national average of 100. Scott's median income of $55,825 is quite high, which helps offset the slightly higher home prices and rent. After a full day of work, many residents find themselves on the water or hitting the trails for a hike. Vacation homes are still affordable in Winsted. The famously human-made lake is known for speed boating and waterfront resorts, but Osage Beach claims 420 acres of shorefront that's particularly inviting for families keen on a beach vacation. Sandusky has been getting a lot of press over the past few years. From big lakes to small ones, natural ones to human-made, there are plenty of bodies of water calling out for you to explore themand maybe even make your new home in one of the lovely towns on their shores. The 10 Most Liberal Small Towns in the United States - Journeyz There's a stretch of great small towns north of Lake Pontchartrain in southern Louisiana. The 800-acre recreational lake is surrounded by a wooded shoreline, winding road and grassy picnic spots that come right up to the edge of the water. Some offer Zen-inducing tranquility, some pulse-pounding action, and others the kind of family-friendly tourist vibe that can optimize rental opportunities. You get larger lots for the same amount of money, but you still have access to everything you need.. Retire to Davidson and you'll find all the small-town charm you crave near North Carolina's Lake Norman, plus proximity to the bustling Charlotte metropolitan area. For a home right on the lake, buyers can find nice single-family homes starting in the $200,000-range, such as this waterfront three-bedroomasking $259,000. And yes, they can be terrific investments, too. There is a thriving and vibrant art and cultural scene that highlights the areas Alaskan native heritage. And all of them are great for those seeking escape in the spring and fall as wellno small consideration these days. Treat your family to a boat tour aboard the M/S Mount Washington, which has been cruising the lake for nearly 150 years, and if you're looking for a charming hotel, Pickering House Inn is just the place. And we specifically wanted to hone in on the best lake towns in America as a way to help travelers pinpoint exactly where to book a week-long rental or a charming inn for their next lake vacation. . The 1,500-square-foot footprint allows for a second story, allowing the buyer to build a stunning 3,000-square-foot home on the water. Chattanooga receives its highest score for affordability. Sandusky, OH. Rangeley Lake State Park boasts 850 acres of mountainous terrain, making the area a perfect hiking destination as well. From this $400,000 one-bedroom cabin on a wooded, waterfront acre right near the Trezona Trail to this $599,000 one-bedroom cabin on a 1.25-acre island in Shagawa Lake, Ely is the ideal lake town for folks who want to get away from it all.. The region boasts seven lakes, with the three largest natural bodies of water located in the town proper: Big Spirit Lake, West Okoboji Lake, and East Okoboji Lake. That makes Ely paradise for lake lovers who really do want to escape from the crowds and arent afraid to keep socially distant. 15 Best Lake Towns in America - Travel + Leisure $376,111. 5 of the Best Towns to Buy Florida Waterfront Homes - Clever Real Estate And with the cool waterfront breezes, fishing and kayaking on demand, early evening tequila on the dock, and a generally life-affirming vibe beckoning, who are we to argue with that logic? The area surrounding the lake is made up of mostly private homes, but there are several marinas where visitors can rent or launch a boat onto the lakes clear waters. Consider spending the winter or the entire year in one of these southern cities. Buying or renting, Scott is in or around the top ten statewide in terms of housing costs to income ratio. Plan a visit. Editor's Note: Those who choose to travel are strongly encouraged to check local government restrictions, rules, and safety measures related to COVID-19 and take personal comfort levels and health conditions into consideration before departure. 13. I cover residential real estate, including buying, selling and trends. The top 10 most affordable lakes for lakefront homes in Michigan are listed below, with the most affordable lake at No. Statesboro's place among America's cheapest small towns is largely due to housing costs, which are 32% lower compared with the national average. While the town of Osage Beach has only 5,000 residents, there is a variety of restaurants, bars, and parks that attract visitors every summer. Methodology: GOBankingRates found 25 affordable waterfront cities by evaluating 112 of the United . Surprisingly, they're not talking about the lake wateralthough there's plenty of enjoyment to be had there. But in todays overheated housing market, is the concept of owning your own waterfront home a punishing fantasy or an achievable reality? Even though only 120 people live here full-time, in the summer the Canadian border town attracts hundreds to the resorts and campsites near the shores of the 3,088-acre lake. Venture into Ithaca, New York for dinner at Maxie's Supper Club, visit Heart & Hands Wine Company in nearby Union Springs, and of course, stay at Inns of Aurora for a luxurious lakeside escape at one of their five beautifully curated inns. Minocqua's quieter lakes are perfect for swimming lessons and sand castles. Those looking to move to Cheboygan are finding plenty of affordable homes . 8 Quaint Beach Towns In The Southeast - TravelAwaits What do Frank Lloyd Wright, shellfish, and the Tennessee River all have in common? Big Bear Lake is a year-round California destination because, much like Tahoe, it transforms from a ski town in the winter to a lake town in the summer. 5 Massachusetts towns with waterfront property under $400,000 But this year looks a bit different. Set on the banks of Lake Erie, the popular vacation destination offers a revitalized downtown with good shopping and dining. Minneapolis is just over three hours northwest, and Chicago more than three hours northeast. Theres also this quirky three-bedroom within walking distance to Main Street for $350,000. Lake of the Ozarks, MO. Located along the Guadalupe River, Canyon Lake is one of the most picturesque places to own a home, and it just so happens to also be the most affordable. This charming Missouri town is nestled in the Ozarks on the shores of Table Rock Lake and has lots of outdoor activities happening in and around the lake year-round, as well as indoor attractions including museums, galleries, and a historic downtown district filled with shops and restaurants. The 2019 Best Retirement Lake designation goes to this community for its not one, but two lakes. Where to Buy a Lakefront Home in America - Travel + Leisure That makes it appealing for investors as well as folks who stay there part of the time and rent out for the rest, to help pay off their mortgages. 5. In the past, many people have viewed buying a vacation home as a combination of a family amenity and a revenue opportunity, said Wedgeworth. 10. One of the best things is that were far enough from any major metropolitan area that our lakes are not that busy relative to their size, says Deborah Fullford, a real estate agent with Coldwell Banker Schmidt Realtors of Indian River. And last year was already nuts! She writes about food, travel, and real estate for Zagat, FoodNetwork.com, BBC Travel, and more. To ensure geographic diversity, we limited our list to just one city per state. And while plenty has changed over previous years, one thing remains constant: an overwhelming desire among many Americans to head to the waterand, just maybe, consider what it would take to own a house there. 10. The 55-mile-long body of water is ideal for sailing or paddling past historic cabins and sprawling vineyards. Alaska might not be the first place most folks think of when they envision summer lake towns. Eureka, California. It sits on 1.5 acres across from Templar State Park on Big Spirit Lake. The International Wolf Center and North American Bear Center are probably the most happening spots in town. This five-bedroom, two-bedroom house is listed for $325,000. For those looking for a property as close to the water as possible, there are options. An upscale and heavily golf-oriented resort community on the Gulf Coast, Diamondhead is . 9 Things Youd Better Consider First. Here buyers can find a lake home for under $200,000, if they are willing to make some renovations, such as this $175,000 four-bedroom across the street from the beach. Legend has it that seven mineral springs in Springs Park have healing powers. Abingdon, Virginia. Meander the historic district, then break out your boats or find a picnic bench along the shore to take in a few relaxing hours in LaGrange. A majority of the population is seasonal. 9. 3. Waterfront townhomes start in the mid-$100,000s, like this three-bedroom for $168,000. Alabama's Lake Town lives up to its moniker by offering plenty of activities on and off the water. 3: Georgetown, South Carolina. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. These days, with fears of Covid, some may not like the idea of opening their home to outsiders and possibly investing more money in cleaning. Families love heading to the rides and entertainment at Cedar Point Amusement Parkthe self-proclaimed roller coaster capital of the world., We have a lot of second-home buyers that come here for their getaway homes, says real estate agent Jenny Craig of Russell Realty Company. If they already had one home by the lake and they had another home in an expensive city and you had to consolidate, which are you going to choose? she says. In fact, for $250,000, homebuyers can buy their own patch of Lake Placid and build their dream home. Sailing, fishing and kayaking are also popular pursuits. Chattanooga area residents spend just 21.86% of the area's median household income on housing expenses, including mortgage payments, rent, property taxes and utilities. We see a trend across all our markets of buyers thinking, Life is short, buy the lake home! Many of those seek out the more rural lake towns where homes may be relatively more affordable than at larger lakes or at lakes near cities, says Phillips. Visitors can easily hop on a ferry for a day of island-hopping, or spend the day at Cedar Point Amusement Park, which bills itself as the Roller Coaster Capital of the World. They can also take a trip to the Merry-Go-Round Museum. Supported by natural spring and rain water, White Lake is a 1,200-acre body of water in North Carolina, and the town welcomes 200,000 tourists each summer. Those interested in a vacation getaway can snag this four-bedroom, 2.5-bathroom house located about 1.4 miles from the Guy Sandy boat ramp on Arbuckle Lake for $275,000. Oklahoma City, Oklahoma, at twilight. Population: 316,381. Chattanooga, Tennessee. These towns are not only right on the waterfront of the country's clearest and most sought-after lakes - they have bustling town centers and lively culture within.
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