Here's a reason to start saving your pennies: For just under $8 million, you can purchase your own private island in Maine.
The 86-acre Hope Island is located in Casco Bay – about 25 minutes via boat off the coast of Portland – and offers protected anchorage and sand beaches along more than 11,000 feet of water frontage.
The estate, which was built in 2000, includes a 11,295-square-foot main residence with three bedrooms and six bathrooms. The island also boosts two guest homes, multiple barns, a chapel, a boathouse, a tavern, and even apartments for the staff.
Dubbed a "magical island kingdom," the estate is listed exclusively with LandVest, and with 25 to 40 inquiries per day, it's not expected to be on the market for long.