| We have a place in Sea Pines in Hilton Head. It’s not a bad drive, but there’s also a little airport right on the island. |
The opportunity cost of all that money IS "much." Just because you paid in cash doesn't mean it's free. |
Nope. It's an investment property that you make personal use of on occasion. We've been there, and done that. If you have to have an "owner's closet" and can't leave your personal stuff out in the open and need to empty the fridge before you go, it's an investment property. |
What exactly do you mean by surface roads? Trying to imagine the alternative. |
Depends on location, time of year and day of week. But tourist season can be tough on Coastal Highway. |
Yeah, we stop for groceries on the way in, then don’t use the car again until we leave. |
| One suggestion... rent a place for the year/3-6 months to see if you like the area. We did that in Canaan Valley and have since 2017. We love long-term renting, but ended up deciding not to buy. Renting gives you an idea of how the home will fit into your everyday life. If your kids play sports or have other activities, you can see if you realistically will use it enough to make it worth it. You can see what the drive is like at all times of the day/year. Our drive is 2 hours, 45 minutes. That is the longest I would ever want for a weekend home. We go out every weekend in the winter to ski. We use it other times of the year, but the kids are too busy now to go out on weekends consistently. Anyway... just an idea to evaluate an area before buying. |
Yeah, sounds like a great "vacation" if you have to plan your entire stay around avoiding everybody and everything. |
| Our place is in rural Maine (lake area). Beautiful and remote - a complete getaway from the summer heat & dystopic politics of DC. Not easy to get to (1.5 hr flight + 2-hr beautiful drive) but doable for an extended long weekend or longer. We decided against a beach place because of climate change - not worth the flooding/storm risk, insurance costs, etc. |
This is a great point. I think about a vacation home but, really, we have 3 young kids and as they years go by their schedules get busier and busier and they want to be in town with their friends. I think it likely makes more sense to rent for now and maybe buy down the road. |
I guess raining on someone else’s parade is one way of justifying your own choices and preferences. |
NP I know plenty of people who go on vacation just to do this; they enjoy nature and avoid everybody and everything. |
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We bought a townhouse in Fenwick Island (admiral's bridge) a few years back. It takes us just shy of 3 hours on Saturday mornings during the summer. We leave the house around 6am and are on the beach by 9am. It's great. Plus everything there is walkable. We bring some basic food items but we can pickup anything we're missing from either Harris Teeter as we're driving in or Royal Farms once we're there. Even just a night there is fantastic and de-stressing. Yes we rent it out but do block out time for ourselves.
If you're considering having this home when you're older and possibly living there full-time make sure you're near good medical care, solid roads (you don't want to be going up a steep incline on a dirt road in the snow in January) and supplies nearby. You don't want to have to drive 30min to get gas/food. |
+1 When I go on vacation, it's to relax and get away from traffic, noise, phone. I have no interest in spending my vacation driving, cooking for guests, shopping for groceries. Hence our vacation home in the middle of nowhere. |
We have an "investment property" beach house then. Spent 3 glorious weeks down there this summer. Also made $90k in rental revenue for the other 10 weeks. That paid for all expenses of ownership for the year plus a new roof plus a new boat for the kids to use at the beach. Love those investment properties that we can make personal use of. |