While Nantucket doesn't come cheap, there are a few places on the pricey island available for purchase by mere mortals. Here's one such listing, the cheapest three-bedroom on the market right now.
The three story Madaket townhouse was built in 1974 and features two bedrooms with a bath and laundry on the first floor, an open living/dining/kitchen area on the second floor, and a master suite on the third floor. Outside, there are decks off both the first and second levels, plus a back garden. Asking price is $460,000.
· Listing: 74 Arkansas Avenue, Nantucket [Maury People Sotheby's International Realty]