For Sale: Island Homes at Less Than $500,000

38 King Row, Deer Isle Maine

By Emily Heffter

If you can't afford an entire island, you can get a pretty nice piece of one in remote locations across the nation. For those daydreaming about buying a home on an island, these getaways surround you with water -- all for less than half a million dollars.

Island Homes for Sale for Less Than $500,000
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For Sale: Island Homes at Less Than $500,000

1020 Grinnell St., Key West
For sale: $450,000

This bright, Key West cottage offering beach living by the Atlantic. This home is just 738 square feet, tucked behind a picket fence. 

It has a front porch and a dipping pool, plus high ceilings and two lofts. The quaint cottage was built in 1938.

221 Snowberry Lane, Eastsound, San Juan Islands
For sale: $450,000

This island home on Orcas Island has garden space and pasture area for horses -- plus views of the British Columbia mountains. 

The house is near Eastsound Village, the island's main town, and has an easy-living design: open kitchen, master bedroom suite and a two-car garage and shop.

2261 Panasse Island, Angle Inlet
For sale: $449,900

This cottage on Magnuson's Island in Northern Minnesota was built in 1928 with rock collected from nine countries. The home is completely renovated with a sunny deck and railroad system down to the rocky beach.

The remote spot is private, but not primitive. The current owners put $100,000 into improvements.

16231 91st Ave. SW, Vashon
For sale: $435,000

This 1914 farmhouse sits on two acres with a pond, and it's just a short ferry ride from Seattle. Idyllic Vashon Island is both a suburb and small community.

As the listing notes that the home needs a little work "to make it even more exceptional," but there's plenty of potential, with a big brick fireplace and original clawfoot tub.

424 Colley Lane, St. Simons Island
For sale: $425,000

This beach cottage on the largest island in Georgia's Golden Isles greets you with cheerful blue shutters and a green door. 

Inside, it has a granite walk-in pantry, a formal entryway and a family room with a vaulted ceiling.

In the back, relax on a screened-in porch or swim in the pool.

809 Mallard Way, Kodiak
For sale: $399,500

Here's a large log home in a coveted school district on Alaska's Kodiak Island. The home has dropped in price since it was first listed this spring, and the current owners have recently stained it and made repairs.

The three-bedroom, two-bath home has a big wood stove for cold Alaska winters and water views from upstairs.

1077 W. Kuiaha Road, Haiku, Maui
For sale: $369,000

Hawaii is the most obvious island getaway, and this tiny 1920s plantation home on the island of Maui is the perfect tropical hideaway. 

The quirky space is just 500 square feet, with a covered breezeway to a bathhouse with a walk-in shower.

Also on the large lot: more outbuildings for artist studios or expansion.

1920 Green Tree Road, Washington Island
For sale: $359,000

This modern home is set on nearly nine acres on Washington Island, on the edge of Green Bay. The home has cathedral ceilings and large geometric windows, with views from every room.

 The open floor plan makes it inviting, but it's also private, situated on 9 acres. The home also features built-in shelves and hickory floors.

38 King Row, Deer Isle
For sale: $269,000

This old-fashioned Victorian on Deer Island off the coast of Maine was built in 1900. 

 It needs updates, but has a new furnace. It sits on a 1.6-acre lot with views of fields and woods.

304D Colony Cove, Christiansted
For sale: $192,000

This U.S. Virgin Islands condo comes with third-floor views of the Caribbean Sea. Now that's island living!

The 1,200-square-foot unit is part of a gated, security-patrolled building with a freshwater pool, tennis and cabana. 

The unit comes furnished, and it's close to town. Need more paradise? In the right season, fresh tropical fruit is grown on site.

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