The 12 Best Places to Buy a Lake House in the U.S

Imagine a peaceful retreat by a serene lake, surrounded by nature’s beauty. Lakes in America offer a perfect escape for those seeking relaxation or adventure. Picture yourself in a cozy lakehouse, your home away from home, nestled by the water’s edge.

Wake up to the sound of gentle waves, spend your days fishing, swimming, or boating, and evenings enjoying breathtaking sunsets. From the majestic Great Lakes to hidden gems across the country, each lake presents a unique experience.

Lakeside vacations in America promise unforgettable memories and a chance to reconnect with nature. Lets explore some lakeside havens.

Best Places to Buy a Lake House in the U.S.

1. Smith Mountain Lake

Smith Mountain Lake
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Smith Mountain Lake

Smith Mountain Lake in Virginia is a real estate paradise, offering a diverse range of properties to suit every budget. From cozy condos under $150,000 to luxurious mansions, the lake’s 500 miles of shoreline in the Blue Ridge Mountains present a plethora of choices.

Whether you seek a secluded home in a tranquil cove or a vibrant community with amenities like pools, golf courses, and equestrian centers, Smith Mountain Lake has it all. The area boasts a mix of housing styles, evolving from simple lake cabins in the 1960s to upscale subdivisions and grand mansions today.

This lake community, mostly comprised of people from various places, is known for its friendly and welcoming atmosphere. It’s not just a real estate hotspot but also a popular vacation destination, offering stunning views and a range of outdoor activities.

The key factors influencing property prices here include the view, lot slope, waterfront features like shoreline length and water depth, and the house’s characteristics​​​​.

2. Saranac Lake, New York

Saranac Lake, New York
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Saranac Lake, New York

Saranac Lake in New York is a hidden gem for lake house buyers. It’s nestled among the Adirondack Mountains and offers an array of waterfront properties that can fulfill your dream of lakeside living.

You can find properties like a 15-acre estate with direct waterfront on Upper Saranac Lake, which includes a seasonal 3-bedroom cottage ripe for transformation into a stunning retreat​​.

The region boasts a variety of outdoor activities throughout the year. In summer, enjoy swimming, boating, and fishing in the serene lake waters. Fall brings a kaleidoscope of colors, perfect for nature walks.

Winter is not left behind with opportunities for skiing, snowshoeing, and snowmobiling, making Saranac Lake a year-round destination​​​​. Saranac Lake’s rich history adds to its charm. It was incorporated in 1892 and has since developed a mix of arts, culture, and outdoor recreation​​.

3. Brainerd Lakes, Minnesota

Brainerd Lakes, Minnesota
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Brainerd Lakes, Minnesota

Brainerd Lakes in Minnesota is an ideal destination for those seeking a serene lake house. Nestled among more than 500 lakes, this area is perfect for water activities such as fishing and boating.

It’s not just the water that’s appealing; Brainerd’s tranquil environment and picturesque views offer a peaceful escape. Its proximity to major cities like Minneapolis and St. Paul adds to its convenience.

The median home price here is around $346,333, and with an occupancy rate of 63%, it’s a sound investment for those looking into vacation rentals. Brainerd’s popularity is evident in its high guest satisfaction, making it a promising location for both personal enjoyment and rental business opportunities​​.

4. Branson, Missouri

Branson, Missouri
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Branson, Missouri

Branson, Missouri, located in the heart of the Ozarks, offers a delightful mix of lakefront living and golf course charm. Here, Table Rock Lake offers a stunning waterfront experience with homes featuring modern amenities and breathtaking views.

The area is known for its serene setting, surrounded by lush greenery and clear waters, making it ideal for both relaxation and outdoor activities. Prices for lakefront properties in Branson can vary greatly, with options ranging from luxurious estates to more modest homes, catering to a wide range of budgets and preferences.

Branson itself is a hub of entertainment and leisure, with easy access to shopping, dining, and various attractions, ensuring that there’s always something exciting to do nearby. The blend of natural beauty and lively culture makes Branson a unique and desirable location for a lake house.

5. Gilford, New Hampshire

Gilford, New Hampshire
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Gilford, New Hampshire

Gilford, New Hampshire, offers a unique charm for those seeking a lake house in a serene and picturesque environment. Gilford is a region known for its natural beauty and tranquil lakeside settings.

New Hampshire’s lakes region is famous for its crystal-clear waters, outdoor recreation opportunities, and quaint, small-town feel. Properties in this area often blend the allure of rustic living with modern amenities, making it an ideal location for those looking for a peaceful retreat or a family vacation home.

6. Granbury, Texas

Granbury, Texas
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Granbury, Texas

Granbury, Texas, is an alluring destination for buying a lake house. Situated in northern Texas, Lake Granbury is one of three lakes formed by damming the Brazos River. With a median home price of around $560,128, Lake Granbury offers a variety of properties including lakefront homes, lots, and acreage.

The area is not only known for its scenic beauty but also for its recreational opportunities. Fishing enthusiasts can enjoy striped bass, largemouth bass, catfish, crappie, white bass, and sunfish.

There are numerous public fishing piers and spots for trotlining in the stained waters along the Brazos River channel. For water sports enthusiasts, kayaking, jet skiing, and paddleboarding are popular activities.

Granbury also provides public boat ramps and marinas, making it easy to explore the lake. Whether you are looking for a permanent residence or a vacation home, Granbury offers a blend of outdoor adventure and lakeside tranquility​​​​. 

7. Traverse City, Michigan

Traverse City, Michigan
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Traverse City, Michigan

Traverse City in Michigan, located along the stunning shores of Lake Michigan’s Grand Traverse Bay, is an idyllic spot for a lake house. It’s a haven for water enthusiasts, offering activities like swimming, boating, and fishing.

Traverse City is renowned for its beautiful beaches and crystal-clear waters, making it a favored destination for families and nature lovers. With a median home price of $425,165 and an occupancy rate of 57%, it presents a lucrative opportunity for vacation rental investments.

The area is not just about the water; it’s also known for its scenic beauty and vibrant local community, offering a perfect blend of natural charm and modern conveniences.

8. Big Bear Lake, California

Big Bear Lake, California
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Big Bear Lake, California

Big Bear Lake in California is an excellent choice for those looking to buy a lake house. This picturesque area offers a range of properties including lakefront homes, lots, and acreage.

The median home price in Big Bear Lake is around $1,026,915, providing options for various budgets. The location is ideal for enjoying outdoor activities in all seasons, such as boating, fishing, and hiking. Big Bear Lake, with its serene environment and beautiful landscapes, is perfect for both vacation homes and permanent residences.

Its market caters to a range of preferences, ensuring you can find a property that suits your needs and lifestyle​.

9. Norris Lake, Tennessee

Norris Lake, Tennessee
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Norris Lake, Tennessee

Norris Lake in Tennessee is another prime spot for buying a lake house. This picturesque location is nestled in the heart of the Cumberland Mountains and is surrounded by the stunning waters of Norris Lake, creating a dreamy setting for nature lovers.

The lake’s clear waters are perfect for a range of water activities such as swimming, boating, and fishing. Norris Lake is not just about natural beauty; it also offers a variety of cultural and historical attractions, including museums and art galleries.

These features provide a unique blend of entertainment and educational opportunities for visitors. The area’s natural charm, combined with its cultural richness, makes Norris Lake an attractive location for potential property managers and homeowners alike.

The average monthly revenue for short-term rentals in this area is quite high, indicating a strong rental market for those interested in investment opportunities.

10. Pocono Lake, Pennsylvania

Pocono Lake, Pennsylvania
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Pocono Lake, Pennsylvania

Pocono Lake in Pennsylvania is a splendid location for those seeking a peaceful lakeside property. Pocono Lake is celebrated for its pristine natural beauty and serene atmosphere, perfect for relaxation and rejuvenation.

This lake is one of the cleanest and clearest in the region, offering a delightful experience for swimming, boating, and fishing. The Poconos region, where Pocono Lake is located, is a haven for outdoor enthusiasts with a wide range of activities like hiking, biking, skiing, and golfing.

The area attracts millions of visitors each year, making it a great spot for vacation rentals or a personal retreat in nature. The properties around Pocono Lake blend the allure of tranquil lakefront living with the excitement of outdoor adventures, making it an ideal choice for lake house buyers.

11. Lake Havasu City, Arizona

Lake Havasu City, Arizona
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Lake Havasu City, Arizona

Lake Havasu City in Arizona is a standout destination for buying a lake house, especially for those who love sunny weather and outdoor activities. This city is renowned for its vibrant community and the famous London Bridge, relocated from England.

Lake Havasu offers excellent opportunities for boating, fishing, and various water sports. The real estate market in this area typically features a range of properties from affordable homes to luxurious waterfront estates.

The city’s unique desert landscape combined with the beautiful waters of Lake Havasu creates a perfect blend of natural beauty and recreational fun. Whether you’re looking for a permanent residence or a vacation getaway, Lake Havasu City promises a unique lakeside living experience.

12. Lake of the Ozarks, Missouri

Lake of the Ozarks, Missouri
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Lake of the Ozarks, Missouri

Lake of the Ozarks, known as the “Midwest Coast,” is a premier destination for lake house buyers. With over 55,000 acres and more shoreline than California’s coast, this lake offers a diverse range of properties.

Whether you’re looking for a lakefront home, a condo, or a property near one of the 14 championship golf courses, you’ll find it here. The region is not only a haven for retired persons, offering quality medical care and a low cost of living, but also a popular vacation and relaxation spot for families.

With properties catering to various lifestyles and budgets, you’ll find homes priced from the mid-hundred thousands to luxury estates nearing a million dollars. The Lake of the Ozarks real estate market is vibrant, offering a mix of waterfront homes, lots, and large acreage properties​​​​.

Final Thoughts

When looking for the perfect lake house in the U.S., there’s a diverse range of options that cater to different tastes and needs. Whether you’re seeking a peaceful retreat for relaxation, a spot for adventurous water activities, or a luxurious lakeside property, these locations offer it all.

From serene waters to bustling lakefronts, each spot has its unique charm and attractions. Investing in a lake house in these areas not only promises a personal haven but also offers potential rental opportunities. With varying price ranges, there’s a dream lake house waiting for everyone in these picturesque destinations.