If privacy and getting away from it all are important to you, and the market downturn on the mainland hasn't made a dent in your assets, you might consider an island property. Islands are selling about 20% cheaper per acre than other waterfront property in the same locale, according to real estate experts. But be careful: owning an island often comes with some big headaches, especially in development, construction, and renovation. Just getting to your retreat can be a challenge. Here's an update on an August 2006 story that appeared in Kiplinger's Personal Finance magazine. The slide show begins with the navigation bar to your right:
By Amy Pollak
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McGregor Bay Island
Price: $466,446
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Grisslehamn
Price: $782,808
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Seneca River Island
Price: $1,700,000
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6 Mile Island
Price: $1,250,000
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Lower Birch Islands
Price: $1,795,000
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Ram Island
Price: $3,500,000
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Longmeadow Farm
Price: $2,950,000
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Parrot Point
Price: $2,850,000
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Mutri Island
Price: $3,500,000
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Tahaa Motu Villa
Price: $2,165,812
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Matatoko Peninsula
Price: $2,670,650
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