This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Ways to Buy Your Private Island

Birch Island
Location: Moosehead Lake in Greenvile, Maine
Price: $550,000  

Even in the cooler climates, private islands get costlier when they have a U.S. ZIP code. This six-acre island, however, was developed in 1968 and includes a main home as well as guest cabins, boat house, dock, canoe and two motorboats. The log cabin-style big house features a stone wood-burning fireplace, hardwood floors and panoramic lake and mountain views. It's also been on the market a while, and has had its price dropped by $100,000 since last summer.  

E. Sister Rock Island
Location: Marathon, Fla., in the Florida Keys
Price: $12 million  

If you want anything resembling true paradise, you have to spend like someone getting away from it all. This 5,000-square-foot house is surrounded by white sand and coral reef and has a 360-degree beachfront. Built in 1980 as a family vacation home, the estate's wrap-around porch measures 2,700 square feet, with 19 sliding glass doors for access. The three-bedroom, two-bathroom home comes with a one-bed, one-bath guest house and a private dock with 21-foot boat included. If hesitant homebuyers don't want to dive right in and snorkel the private reef immediately, they can dip a toe and rent the place for $5,000 a week.  

140 Wallacks Drive
Location: Stamford, Conn., on Long Island Sound
Price: $15.4 million  

It's tough to own a private island when you still have to commute into the city for work each day. Built in 1909, the 11-bedroom, 14,000-square-foot home sits on a 3.5-acre island and includes a guest cottage, staff quarters and working greenhouse. It also contains a library, beautifully sculpted grounds and a private dock just in case the Metro-North is running late and you have to boat it in to Manhattan. This island may help buyers feel like they're getting away from it all, but shoppers may think the "it all" of Stamford's financial district and Manhattan commuters are just a bit close for comfort. The island was listed at $18.9 million last year but dropped its price when no Connecticut castaways appeared on its shores.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.95 0.00%
FB $78.99 0.00%
GOOG $537.90 0.00%
TSLA $226.03 0.00%
YHOO $42.51 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs