L
ake houses evoke a sense of summertime nostalgia, conjuring images of barbeques, refreshing dips in the water, and stunning sunsets. If you're looking to recreate this magic by purchasing your own lake house, but aren't sure which lake to call home, we can help narrow down the options.

    With thousands of lakes offering real estate opportunities across the U.S., we spoke with experts to identify top destinations for buying a lake house this year. Here are their picks:

    Lake of the Ozarks, Missouri

    This lake offers dozens of year-round activities and affordable property prices, making it an attractive option. With an average sale price of $448,585 in February 2023, now's the time to buy before prices rise.

    Southwest Lake Erie Region, Michigan and Ohio

    The region boasts an average yearly revenue per listing of $34,000 and a 40% occupancy rate, making it a smart investment for those looking to add properties to their rental portfolio. Homes in Luna Pier, Michigan; Harbor View, Ohio; and Oak, Harbor, Ohio are listed for under $300,000.

    Lake Norman, North Carolina

    This area offers the rare opportunity to live like you're on vacation year-round, with seamless travel access to Charlotte and a major airport. The market is currently balanced, providing consistent appreciation and real demand. House prices in Mooresville average around $484,825, while Cornelius averages around $532,671.

    Lake Tahoe, California and Nevada

    This stunning location offers crystal-clear blue water and breathtaking mountain backdrops. While property values are higher, it's a great long-term investment for those who want to live full-time by a lake. The shoulder seasons offer incredible experiences with fewer tourists and comfortable temperatures.

    Lake Geneva, Wisconsin

    Close to Chicago and Milwaukee, yet still remote enough to feel secluded, Lake Geneva offers beauty, serenity, and value. Home prices have actually decreased 15.3% over the last year, with a current median sale price of $322,500.

    The Finger Lakes, New York

    This up-and-coming vacation spot is ripe for increased value and offers the same summertime lifestyle as more expensive destinations like Montauk. Many homes are still affordable, making it an attractive option before the market shifts.

    Lake Winnipesaukee, New Hampshire

    With high demand for vacation rentals and a strong average booked rate of $366/night, Lake Winnipesaukee is an excellent choice. Consider starting your search in Wolfeboro, one of Travel + Leisure's best small towns in America in 2023.

    Winter Park, Florida

    This charming town offers excellent waterfront properties along the Winter Park Chain of Lakes, with historically increasing values and insulated pricing compared to coastal areas. Central Florida has been an easier market for homeowners' insurance compared to coastal areas.

    Saranac Lake, New York

    Abutting the Adirondack Mountains, Saranac Lake provides a breathtaking backdrop for this lakefront hot spot close to historic downtown. With scenic views and plenty of activities, it's the perfect destination for those seeking a laid-back lifestyle. The median listing price is only $264,598.

    Lake Havasu, Arizona

    Investing in a lakefront property on Lake Havasu might be a good financial move, especially for those living in California, Nevada, or Arizona. With a strong average booked rate of $246/night and an average yearly revenue per listing of $32,000, it's a year-round destination with 36% average yearly occupancy. Home prices have decreased slightly in the last year, making it an attractive option.