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Old 03-20-2012, 07:27 PM
 
Location: South St Louis
3,766 posts, read 1,966,148 times
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Default Affordable oceanfront property in the US: fantasy or reality?

This may have already been asked before, but I couldn't find a thread:

In the US, excluding Alaska, is there such a thing as affordable oceanfront property? In other words, do you have to be rich to own property on the Atlantic, Pacific, or Gulf of Mexico in America? Or are there still a few hidden stretches of beach where the land costs haven't gone through the roof?
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Old 03-20-2012, 07:32 PM
 
Location: Baton Rouge, Louisiana
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The Gulf coast coastline is much cheaper.
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Old 03-20-2012, 10:02 PM
 
Location: South Central Nebraska
350 posts, read 328,696 times
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Quote:
Originally Posted by 1greatcity View Post
This may have already been asked before, but I couldn't find a thread:

In the US, excluding Alaska, is there such a thing as affordable oceanfront property? In other words, do you have to be rich to own property on the Atlantic, Pacific, or Gulf of Mexico in America? Or are there still a few hidden stretches of beach where the land costs haven't gone through the roof?
Maybe Down East Maine away from Bar Harbor and closer to the Canadian Border but right next to the US in New Brunswick and Nova Scotia it is quite affordable. Otherwise I think much of it is pretty unaffordable.
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Old 03-20-2012, 10:39 PM
 
Location: Lafayette, Louisiana
303 posts, read 210,938 times
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Quote:
Originally Posted by annie_himself View Post
The Gulf coast coastline is much cheaper.
From what I've been told, properties on Grand Isle and Holly beach have become very expensive. Not sure though. Other than that, there aren't many other places in Louisiana with beach-front property.
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Old 03-20-2012, 11:00 PM
 
Location: Baton Rouge, Louisiana
10,862 posts, read 8,498,036 times
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Quote:
Originally Posted by 5trillion View Post
From what I've been told, properties on Grand Isle and Holly beach have become very expensive. Not sure though. Other than that, there aren't many other places in Louisiana with beach-front property.
Solely because of insurance costs I'm sure. There's plenty of beach front, just no people living there.
I had the Mississippi coast in mind when I posted.
You can find many homes on Galveston Island.
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Old 03-21-2012, 12:02 AM
 
158 posts, read 184,953 times
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Port Aransas, Galvaston, and South Padre Island are relatively cheap.
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Old 03-21-2012, 02:46 AM
 
Location: Las Vegas, Nevada
11,308 posts, read 9,383,819 times
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Wait, patiently, for the next tusunami to hit some coastal area here, and you'll be able to get some oceanfront property real cheap. All you gotta do is clear away the debris and pray it doesn't happen again! And if there was a nuclear reactor mishap connnected with it, you may even get it for free!

Last edited by tijlover; 03-21-2012 at 02:51 AM.. Reason: add line
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Old 03-21-2012, 04:54 AM
 
Location: Pure Michigan!
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We recently purchased a 2 bedroom condo on the ocean in SC for under $150,000 that is only a few years old and has great upgrades like stainless steel, ceramic tile, and granite. It is in a high rise resort building.

Find the places that overbuilt just before the housing crash and there you will find your bargains.
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