Lakefront Communities with Homes Under $350,000

by Robert Borges on April 11, 2024

4-minute read

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Hot Springs Village
Savannah Lakes Village
McCord's Ferry at Lake Marion
Fairfiled Glade
Waterford of the Carolinas
Cresswind Georgia at Twin Lakes

What you'll get from this article: A brief overview of some of the country's top communities that offer recreational lakes or fishing, boating, kayaking, and more. Additionally, you'll explore options for afforable lakefront property- just click the images or community links to learn more about each lakefront community and request information. 


The privacy. The relaxation. The wildlife and natural beauty. The community atmosphere. And of course the entertainment and fun!

All just another fine day of living on the shores of a lakefront community. But, for retirees or families who yearn for living on the water, it’s got to be super expensive to get your dream lakefront home, right? 

Not necessarily! Here’s your proof...several shimmering affordable lakefront home communities, all featuring houses you can buy for $350,000 or less. 

Hot Springs Village- Hot Springs Village, AR
Home priced from $100,000

Hot Springs Village affordable lakefront community in Arkansas

The nation’s largest gated community, Hot Springs Village is spread across 26,000 acres in West Central Arkansas’ Ouachita Mountains and offers the natural beauty of sweeping vistas, lush forests and sparkling lakes. Among an array of resort-style amenities, the community features 11 total lakes where residents enjoy boating, fishing, swimming, canoeing, and other water sports. A variety of fish can be found here including bass, catfish, bluegill, and sunfish.

Eastman- Grantham, NH
Homes priced from $330,000

Eastman affordable lakefront community in New Hampshire

Eastman is a thriving four-season community that offers affordable lakefront property as single-family homes, condominiums, and undeveloped real estate in the scenic Dartmouth-Lake Sunapee region of west-central New Hampshire. Eastman encompasses more than 3,700 acres of environmentally protected woodlands with nature trails, an 18-hole championship golf course, a full-service community recreation center, and a sparkling 345-acre lake with boat docks and six private beaches. 

Savannah Lakes Village- McCormick, SC
Homes priced from $300,000

Savannah Lakes Village lakefront community in South Carolina

With 25 miles of unspoiled shoreline offered by Lake Thurmond, Savannah Lakes Village is an ideal lakefront destination. The 4,000 acre member-owned community borders the pristine 70,000 acre Lake Thurmond, 63,368 acres of preserved state park and national forest land, and the Little River Blueway Outdoor Adventure Region. Savannah Lakes provides a vibrant and affordable lakefront lifestyle with an exciting mix of recreational and social events, two 18-hole lakefront golf clubs, clubhouses, and a cultural center featuring tennis and indoor/outdoor pools. 

McCord’s Ferry at Lake Marion- Santee, SC
Homes priced from $300,000

McCords Ferry at Lake Marion affordable lake community in SC

Live on South Carolina's largest freshwater lake at McCord's Ferry, a peaceful lakeside community. Here, spacious wooded lots and nature trails provide a connection to the outdoors. Residents enjoy a private boat ramp, community docks, and access to neighboring Santee State Park – perfect for fishing, boating, and exploring. Located near a charming lake town, McCord's Ferry offers Southern comfort with easy access to the coast, historic Charleston, and Columbia.

Fairfield Glade- Crossville, TN
Homes priced from $300,000

Fairfield Glade affordable lakefront community in Tennessee

Named one of the 50 Best Master-Planned Communities by Where to Retire magazine, this popular Tennessee lakefront community offers real estate buyers an appealing selection of homes and townhomes starting at just $300,000. With low taxes and low association dues, tranquil rural surroundings, and an impressive array of established resort-style amenities, Fairfield Glade is an excellent choice for those looking to live on the water without the high price tag. Along with 11 spring-fed lakes and marina facilities for boating and fishing, you’ll also enjoy indoor and outdoor swimming pools, tennis, an equestrian center, and five championship golf courses!

Waterford of the Carolinas- Wilmington, NC
Homes priced from $240,000

Waterford of the Carolinas affordable lakefront community in North Carolina

Water takes center stage at this North Carolina gated community, where almost every homesite is a lakefront home. Covering 17 miles of shoreline, Waterford of the Carolinas is a unique lakefront community with creeks and finger-lakes that sprout in every direction. Outdoor fun is in abundance with canoeing, fishing, swimming, and tennis. Home-buyers have many choices, whether it be to design a custom home or relax in a single-level patio home with low maintenance—all starting under $240,000. Year-round mild temperatures and low taxes make living at Waterford of the Carolinas an excellent choice.

Cresswind Georgia at Twin Lakes- Hoschton, GA
Homes priced from the $300,000s

Cresswind Georgia Twin Lakes affordable lake community in GA

Retire in style at Cresswind Georgia at Twin Lakes, a new gated community for active adults 55+ near Atlanta. This scenic community boasts two lakes perfect for fishing, kayaking, and paddleboarding, and miles of walking trails to explore. Residents of Cresswind Georgia enjoy a resort-style clubhouse with a fitness center, pool, and event spaces, along with an abundance of clubs and activities planned by a dedicated Lifestyle Director. With its convenient location and focus on active living, Embrace all north Georgia has to offer, from the mountains to the lakes.

These are just a few of the more than 100 lakefront communities featured on PCR. Explore more lake communities here to learn more about amenities, available real estate, and request more information.