Last Updated on April 11, 2025
If living by the lake has always been your dream, you’ve come to the right place. Whether you want to build a dream home, vacation rental, or fishing retreat, there are plenty of locations across the country to make it work.
Are you looking for the best states for waterfront land but unsure where to start? Browse our curated guide to see five top states for buying a lakefront property!
What Makes a State Ideal for Lakefront Land Purchases
With plenty of lakefront land for sale across the country, choosing the right setting is key. When selecting a waterfront property, consider these influences:
- Climate – Choose a lake that matches your climate preferences. For example, a lakehouse in Florida or Texas is ideal for warm-weather activities. Other states, like Minnesota and Michigan, offer both summer and winter recreation.
- Recreational opportunities – Some lakes are suitable for swimming, boating, and fishing, while others are not. You may also want to consider your interests in nearby activities, like hiking trails, bike baths, or sports facilities.
- Price – Lakefront acreage is in demand all over the country, driving prices up. However, depending on the economy, location, or water activities, some areas are less expensive.
Finding the right place for waterfront living requires careful planning. While you search, check out these five states that are optimal for lake life!
#1 Florida: Sunshine and Waterfront Living
While you may know Florida for its coastline beaches, you can find plenty of lakefront land in the Sunshine State! Here are some popular places to consider for a vacation home or year-round abode:
- Lake George – Lake George is the second-largest body of freshwater found in the state. Enjoy activities like wildlife observation, water fun, a state forest, and charming towns.
- Lake Okeechobee – Lake Okeechobee is the largest one in Florida and offers serene, clear water. Nearby Clewiston is optimal for fishing, boat tours, and bird watching.
No matter what lake you choose, they share many of the same benefits—a year-round warm climate and proximity to lively cities. Checkout some of the lakefront properties on Land.com.
#2 Michigan: A Haven for Great Lakes Enthusiasts
Michigan touches not one but four of the Great Lakes—and that’s not even counting all the inland ones! People who live or vacation there can experience fun year-round, from beachside lounging to snow sports.
If you’re searching for waterfront property in this state, consider these areas:
- Traverse City – This area of Lake Michigan offers affordable land, scenic beauty, local activities, and year-round fun.
- Lake Michigamme – Whether you want to fish, explore one of the 16 islands on the lake, or trek through Viper State Park, you can do it here.
Plus, the cost of living in Michigan tends to trend lower than the national average, making waterfront plots more affordable.
#3 Tennessee: Affordable Lakefront Land With Scenic Views
Think Tennessee doesn’t have waterside living? This state is an underrated gem filled with lakefront land at affordable prices, making it a great option for first-time land buyers. Popular regions include:
- Norris Lake – This lake offers many activities, from the Cumberland Mountains to local art and wildlife observation.
- Douglas Lake – Nestled in the foothills of the Great Smoky Mountains, you’ll find Douglas Lake. Known for its prime boating and fishing areas, it has scenic views and rural charm.
With easy access to the mountains and nearby cities, you can find plenty to do here.
#4 Texas: Big Opportunities for Lakefront Investments
Texas is another optimal choice for waterfront property. There are plenty of lakes to choose from, which increases the availability of lakeside plots. Plus, the growing economy helps put land ownership within reach. Top places to explore include:
- Canyon Lake
- Granbury
- Lake Worth
- Lake McQueeny
- Lake Austin
Lakeside plots in Texas offer irresistible views, clear water, watersports, and city proximity. Whether you’re looking to build a sustainable homestead in Texas or invest in land for the long term, purchasing property in the state offers the opportunity to own a piece of waterfront paradise with strong value appreciation.
#5 Minnesota: Land of 10,000 Lakes and Endless Possibilities
Minnesota offers plenty of year-round enjoyment, from ice fishing to watersports and golf. Popular areas where you can find affordable waterside parcels include:
- Gull Lake – With a developed shoreline, nearby golf courses, fishing, and winter activities, Gull Lake can be the right fit for almost anyone.
- Lake Superior – Did somebody say the largest freshwater lake in North America? Charming towns like Duluth, Tofte, and Two Harbors surround Lake Superior.
Living on the water—whether as a vacation home or a year-round venture—is a dream that can come true in Minnesota.
Tips for Choosing the Right State for Your Lakefront Goals
If all of these places sound like a slice of Heaven, how do you know which one to pick? Here are some things to consider:
- Investment opportunities – Are you hoping to resell the property? Use it as a vacation rental? Waterfront homes can be worthwhile investments that increase in value or help you earn passive income.
- Listings search – Use an online search tool like Land.com to browse listings available in your area(s) of interest. See what types of properties are available, make comparisons, and learn about activities in each region.
- Connect with an agent – Once you’ve narrowed your search, use Land.com to connect with qualified professionals to help you buy land.
Make every day an adventure by searching for your dream property with Land.com.
Let Land.com Lead You to the Lake
If you’re ready to find lakefront property throughout the United States, trust Land.com to guide you through the process. Our search tools make browsing listings in your states of interest easy. Plus, you can filter by acreage, price, and city.
Once you’ve found a property you like, connect with a land professional who can help you purchase your next parcel.
Sources:
Getmyboat. Biggest Lakes in Florida. https://www.getmyboat.com/journal/destinations/best-lakes/biggest-and-deepest-lakes/biggest-lakes-in-florida/
Visit Florida. A Guide to Florida’s Lake Okeechobee Area. https://www.visitflorida.com/travel-ideas/articles/florida-fishing-lake-okeechobee-clewiston/
GOBankingRates. The Best US Lake Towns To Buy Property in the Next 5 Years, According to Real Estate Agents. https://www.gobankingrates.com/investing/real-estate/best-us-lake-towns-buy-property-next-5-years-real-estate-agents/
Pure Michigan. Splash Into These 14 Inland Lakes in Michigan. https://www.michigan.org/article/trip-idea/splash-into-inland-lakes-michigan
RentCafe. Cost of Living in Michigan. https://www.rentcafe.com/cost-of-living-calculator/us/mi/
Explore Minnesota. How to Live the Lake Life in Minnesota. https://www.exploreminnesota.com/minnesota-lake-life-guide
