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Ocean Duplex

First up is a beach cottage on Hilton Head Island, S.C., priced at $995,000. This nearly 2,000-square-foot house has four bedrooms and three bathrooms, with about a quarter of an acre of land. It has a two-car garage, swimming pool and a wraparound porch where you can sit and watch the sunrise.

But the best view is down the garden path—the ocean itself. An extra bonus is that this beach house is surrounded by 16 acres of designated park area that can never be developed.

While the views are outstanding, the inside of the house could use a little sprucing up, according to a real estate broker Dolly Lenz.

"The finishes aren't very high-end. The furniture isn't terrific, so I think most people would go in there and do some tweaking," she said. "But it's the only one on the market."