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Living the Island Life on the Waterfront for Under $200K

Well this doesn't happen very often: waterfront property with 50 ft of beach all for under $200,000. Granted, yes, the place is on Vashon Island, and yes, the humble abode is only 530 sq. ft. with a "rustic" bedroom that from an architectural standpoint, looks strangely unlike the rest of the house. But the place is well put together and large enough to sport a fireplace and a covered porch that looks out on to Puget Sound. Leading the cabin meets cottage island beach life these-a-days is only going for a mere $195,000.

· Listing: 1783 Paige Lane [Redfin]