James Island
Location: The Gulf Islands off British Columbia
Price: $75 million  

If you're going to try to live like Richard Branson, Johnny Depp or Dr. Evil, you may as well spend like them. This 780-acre isle includes sandy beaches, a marina, an airstrip and a Jack Nicklaus-designed golf course among its finer attributes. There's also a 5,000-square-foot main house, six guest cottages and what is easily the best toy a rich boomer ever gave himself: an entire Old West town with a store, library, kitchens and a gym. The island was the property and brainchild of cellphone pioneer and Clearwire ( CLWR) founder Craig McCaw, whose guests on the island included Bill Gates and Quincy Jones.  

-- Written by Jason Notte in Boston.

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Jason Notte is a reporter for TheStreet. His writing has appeared in The New York Times, The Huffington Post, Esquire.com, Time Out New York, the Boston Herald, the Boston Phoenix, the Metro newspaper and the Colorado Springs Independent. He previously served as the political and global affairs editor for Metro U.S., layout editor for Boston Now, assistant news editor for the Herald News of West Paterson, N.J., editor of Go Out! Magazine in Hoboken, N.J., and copy editor and lifestyle editor at the Jersey Journal in Jersey City, N.J.

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