Photo by Runa Parvin, courtesy of Private Islands, Inc.
Listings for private islands are already rare, but to find a property listed below $1 million is nearly inconceivable. Asking just $200,000, this 19-acre private island off the coast of a Jersey Shore resort town wants to make your archipelago-owning dreams come true. Christened “No Mans Island,” the undeveloped property sits in the Grassy Sound near West Wildwood, located at the southern tip of the state, and is only accessible via boat.
Video by Runa Parvin, courtesy of Private Islands, Inc.
According to the real estate agency, the land sits only three feet above the water and is lower in some areas. With permits, the island can be raised “allowing for a multitude of development scenarios,” as the listing reads.
With a 15 percent down payment, interested buyers can purchase directly from the owner. The monthly cost to own No Mans Island is $1,000, with $360 owed annually in taxes.
The four communities of Wildwood, including Wildwood, Wildwood Crest, West Wildwood, and North Wildwood, are connected by five miles of beach, boardwalk, and amusement parks. The city sits 15 minutes north of Cape May, less than an hour from Atlantic City, and a two-hour drive from New York City.
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Photos by Runa Parvin, courtesy of Private Islands, Inc.