We have a summer house on Martha's Vineyard and live in the DMV. In the summer there are regular direct flights to DCA. We routinely get from one house to the other in under three hours. |
| If a different time zone isn’t a problem, I’d buy something along the Mediterranean in a cute and walkable village - Italy, France, maybe Greece? If time zone is a consideration, I’d get something in Buenos Aires or California along the beach. |
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I grew up going to Martha’s Vineyard, and you can still get a great house there in the 3-4 million range. It won’t be ridiculous, but will be large enough for some space and hosting.
If you are super social and just want a baller mansion, maybe eastern shore, adirondacks, coastal maine, where your money will go far. I’d do that or some ski town out west. |
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Op here.
I’m wide open on where. It can be a flight since we plan to be gone all summer. We don’t usually go back much if it all. There is really no need to do so. Kids do go to camp but it’s sleep away and they fly to it already. I would prefer a place ideal to visit in the summer since the kids are off from school. We do like the pool/ beach lifestyle. |
| If I had OP’s wealth, I’d keep the house in Rehoboth and stay there for half the summers. Then I’d take rest of the summers and use that extra $1/2 million for travel and find a nice house rental and stay for a month somewhere different like the south of France or northern Spain. And fly Business Class of course. |
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Rent out the house and rent elsewhere - at least for the first summer. If you like it, you can sell in Rehoboth and buy in the new place. If you don’t like it, then summer in a different place the next summer.
My preference would be coastal Maine - on the water where I could kayak. |
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A lot of communities along coastal New England plus the islands. You have options. Worth spending a few weeks exploring the area. This is what I'd ultimately buy: https://www.redfin.com/MA/Truro/6-6A-Bay-View-Path-02652/home/187801023
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| Fishers Island, NY |
Does it need to be in the US? What type of beaches/activities do you like? |
Love this. Can you add a pool here? |
| Well I certainly wouldn't buy in Florida for a summer home. Hot and disgusting. Cape Cod? I don't know that any beach town has a particularly deep culinary scene. I certainly would not buy without spending a summer in that town first. |
You haven't hit HS yet if your kids are still happy to spend the whole summer away at sleep away camps. That ends first year of HS. In HS, they'll likely narrow down to one sport and get very serious about it. They'll have Summer practice for 2-3 weeks. Then another kid will want to go to a friend's party. Then one will want to do something different with their friends. Then they'll all want to invite their friends to the beach for the weekend. We've owned in Downtown Rehoboth for 10 years. Everything changes once the kids are in HS. |
Not necessarily true - depends on the camp and its culture. My HSer begged me to go back to camp. I expect both will continue to go throughout HS. |
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Regarding location, I can not imagine not knowing what you like, your heart not having a tug. Not yearning for someplace specific. Usually the burning desire comes first. Then the money question, acceptance it it's possible or not.
Though, I'm here reading so I must be getting something out of this thread with random suggestions. |
Eh, we’ve owned there longer, and use definitely ebbs and flows, but the idea that kids stop wanting to go at a certain point has not been our experience (or our neighbors’). |