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Keys to private beaches sold in the US for $650,000
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A new segment of the luxury real estate market has emerged in the US, offering "beach keys" that grant access to private beaches. Prices for these keys range from $475,000 to $650,000, depending on the location, and they are particularly popular on Martha's Vineyard in Massachusetts.
Key facts
- Price of beach keys up to $650,000
- Construction prohibited on the lot
- Popularity on Martha's Vineyard
- Price increased from $200,000 over 20 years
- Access to private beach
USA · Martha's Vineyard · Massachusetts · The Wall Street Journal
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