Lakefront Homes or Sale Under $300,000 - The Stones Real Estate Firm (2024)

FAQs

Where is the least expensive lakefront property? ›

They also make great investments since lakeside properties are always in demand. If you're willing to take on the challenges and maintenance associated with owning this type of house, then buying a lake house can pay off dividends for your leisure, and maybe even for your bank account.

1. Lake Huron - Bay City Area: The Lake Huron region around historic Bay City is currently the most affordable lake spot in the state, according to the report, with an average home listing price of $171, 076.

Alaska is, by far, the state with the longest individual coastline or shoreline, and its coastline is even considered longer than all other states combined.

1. Lake Tahoe. The homes sitting on the shores of the Sierra-region lake boast price tags that head upwards of $75 million!

When it comes to buying and selling lakefront property, 39% of sales occur between September and New Year's Eve. Research shows that the best time to purchase lakefront property is from October to the end of December. It's also important to consider what the lake property looks like in the offseason.

What are the potential drawbacks of living near water? Living near water can increase the risk of flooding, erosion, and water-related hazards such as hurricanes, storms, and tsunamis. Additionally, proximity to water bodies may attract pests like mosquitoes and increase humidity levels.

Where is the cheapest place to buy Lakefront property? ›

The cheapest place to live in Michigan is Flint. » 7 Cheapest Places to Live in Michigan: Find out the other cheapest places to live in Michigan!

For geographic diversity, the site limited the list to one lake town per state. Topping realtor.com®'s list of most affordable lake towns are: Sandusky, Ohio: median list price of $177,750. Wisconsin Dells, Wis.: $199,950.

Sandusky, Ohio is a city with million-dollar water views and a whole lot of $100,000 houses. With a median family income of $64,000 and median home selling price of $76,000, this city on Lake Erie, midway between Cleveland and Toledo, could be the most affordable housing market in the country.

North Lake Tahoe: If lakeside living enveloped in the wilderness sounds like a lifestyle you'd enjoy, then the North Shore is a better fit for you. Dotted with world-class ski resorts, North Lake Tahoe offers more of a mountainous lifestyle than its southern counterpart.