10 Surprisingly Affordable Places To Own Waterfront Property

Dmitri Kotchetov / Shutterstock.com
Dmitri Kotchetov / Shutterstock.com

Owning waterfront property doesn't have to be an account-depleting endeavor. While places around major U.S. cities might be out of reach for most, there are plenty of affordable options out there. If you know where to look, of course.

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For some help on that front, GOBankingRates furnished rankings provided by Zillow to highlight the most affordable locations to buy a beach house in 2022. Here's a look at what we found.

Dennis O'Hara / Shutterstock.com
Dennis O'Hara / Shutterstock.com

Lake Erie City, New York

Median Home Price: $155,806.50

Located in far west New York state on the eastern border of Lake Erie, as the name suggests, Lake Erie City is a picturesque community. Filled with wineries, craft beer, and nature trails, not to mention sitting on the edge of the lake's 700 miles of coastline, Lake Erie City is also incredibly affordable. There's also enough to do that it would take weeks, if not years, to uncover all of the area's hidden gems.

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Billy Pope / Flickr.com
Billy Pope / Flickr.com

Theodore, Alabama

Median Home Price: $177,400

A suburb of Mobile, Alabama, this relaxed area bills itself as a nature lover's paradise. It's part of the Alabama Coasting Birding Trail, a system of eight different trails that offer bird-watchers opportunities year-round to catch any of the more than 400 species of birds that consider the Gulf Coast home. Along with the abundance of parks and museums, the port city is also home to some of the country's oldest Mardi Gras celebrations, saving you a trip to New Orleans.

Shutterstock.com
Shutterstock.com

Kelseyville, California

Median Home Price: $389,045

Kelseyville is a quintessential small California town located in the heart of wine country. It's located on the shores of Clear Lake, the state's largest freshwater body of water, and is surrounded by views of both serene farmlands and the majesty of Mt. Konocti. The latter offers plenty of hiking opportunities, including a six-mile summit flanked by old oak and manzanita trees, with the tight-knit community reinforcing its small-town charm.

photoquest7 / Getty Images/iStockphoto
photoquest7 / Getty Images/iStockphoto

Pensacola, Florida

Median Home Price: $233,060

A city with more than five centuries of history, Pensacola offers some of Florida's most unique shopping and culture in addition to its sugar-sand beaches. It's also home to the National Naval Aviation Museum, the Blue Angels Naval aerobatics team and where all naval pilots train. This Gulf Coast town, known as the 'City of Five Flags,' is well-known for its family friendly, laid-back vibe.