Lakefront cottages with good lake frontage generally start in the mid $200’s here, with very slim pickings much less than that. That’s where this little lakefront gem on Wanaksink Lake started when it was first listed last year ($254,900). Under $200,000, lakefront buyers usually have to settle for a tiny lake, a house in really bad shape (like “Don’t walk over there past the yellow tape or you might fall through the floor” shape), or lake frontage that’s more wetlands than lake.
So that’s why this house caught my eye when the price was cut to $185,000. Yes, there are some trade offs at this price point. It’s not a $350,000 lake house on sale for $185,000. But it’s on Wanaksink Lake, near Rock Hill, which is a larger non-motorboat lake and has really nice lakefront. The big tradeoff is that it’s a seasonal house, not winterized for year round use — and given the small parcel size, it might not be convertible for year round use. It’s also on a small piece of property, only fifty feet wide, so there’s not a lot of privacy. But that lake view? It’s killer! The house is small, with tiny-ish bedrooms, and it can use some updating. But did I mention that view?
For a buyer looking for a simple, seasonal lake getaway at a good price, this one is definitely worth a look. Wanaksink is a fun ‘summer’ lake, with a lakeside clubhouse, community beach and a calendar of summer activities like sailboat races. It’s also just about 80 miles from the GW Bridge. Here’s a link to the listing if you want to check it out. Note: when you click through to the listing, you’ll see a photo with what looks like a gas engine motorboat. It isn’t. It’s a boat with an electric motor. (Listing courtesy of John J. Lease Real Estate.)