7 luxury vacation home deals

South Padre Island, Texas
South Padre Island, Texas
Price: $1.6 million
Bedrooms: 4
Baths: 4.5
Square feet: 3,600

South Padre Island, a narrow strip of land that stretches along Texas' Gulf coast, is a playground for both young and old. During Spring Break, college kids take over the town, and during the rest of the year it's home to "winter Texans," the mostly retired crowd from up North.

Located in an exclusive gated community, this home is right on the Gulf of Mexico and features a big sun deck, private pool and a hot tub, according to listing agent Troy Giles. Inside, there's a spiral staircase, stone fireplace and a master suite that's situated on a floor below the three other bedrooms.

The sale price on this home just got a little better in April, thanks to a $133,000 price reduction. That can be enticing given that three- and four-bedroom condos in this community rent out for as much as $500 a night in season.

For further information: Trulia


By Les Christie @CNNMoney - Last updated June 18 2012: 11:43 AM ET
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