Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last time, we looked at the 13th city on the list — Bella Vista, Arkansas. This time, we look at Ocean Pines, Maryland, and found three great homes — all for less than $500,000.

“Residents love life in squeaky clean, amenity-filled Ocean Pines. It’s a lovely place to relax and grow old, with its fresh air, welcoming beachfront and bay, and a plethora of outdoor activities,” MoneyWise said. “From yachting to golfing to tennis, you can pick your leisure activity and walk or bike there.”

“Retirees will also benefit from the no state tax on Social Security income and the above-average number of doctors in the area. The median housing cost is a bit higher at $233,500, but residents swear that the warm community and great lifestyle is worth every penny.”

Want to see what we found? Read on.

Under-the-Median Chalet 

Price: $209,900

Our first home is priced under the median home price for the area, but still manages to pack in a lot of great features. It’s a downsizer perfect 1,084 square feet, with three bedrooms and two bathrooms, which also means you still have plenty of room for guests.

The open floor plan leaves the dining, living and kitchen open for conversations. New rigid core luxury vinyl flooring has been installed, and in the kitchen there are new stainless steel appliances, a new sink, and new granite countertops. 

The bathrooms also got an update, with new tubs and shower stalls, and new cabinets, and all three bedrooms are generously sized for the space. 

Outside, a screened-in porch provides some additional entertaining space. 

The home is listed by Kim Kiejzik with Berkshire Hathaway Homeservices Penfed Realty. To see more, click here.

The Traditional in the Senior Community

Price: $335,000

If you’re looking for a quieter neighborhood with tons of amenities, this Turnstone Model home in the 55-plus community of The Parke might be the ticket.

Built with wider doorways, 10 foot ceilings on the first floor, hardwood floors, and a first floor with three bedrooms and two baths, the home is designed so that the upstairs can truly be overflow room for guests if mobility is an issue. Even the HVAC is designed with two units so that the upstairs unit can be adjusted when nobody is using the second floor.

Downstairs, an open floor plan features an open kitchen and family room with cathedral ceilings and a gas fireplace, plus formal living and dining rooms. There are also two full bathrooms downstairs.

Upstairs, two more bedrooms, a bathroom, and a loft space are ready for guests.

The Parke offers a private clubhouse with fitness center, heated indoor pool, spa and sauna, billiards room, card room, meeting space, and library with a computer center. Other amenities are an indoor mail pavilion, park with gazebo and benches, walking and bike trails, nature preserves and trails, 27 ponds, 4 acre stocked lake with fishing pier and canoe access, along with community crabbing pier on Manklin Creek. 

Cynthia DiNicolas with Coldwell Banker Residential Brokerage – Ocean City-64th has the listing. To see more, click here.

Waterfront Living with City Views

Price: $469,800

This well-maintained 1973 home has incredible views to showcase, and does so ably.

The home itself has plenty of windows to showcase that waterfront view, plus multiple decks and two screened porches. 

The inside of the two-bedroom, three bath home is bright and airy, but the let’s face it, when your home is on the waterfront, the real attraction is the outdoor space.

The home also offers 50 feet of bulkhead for docking a boat and jet skis to take advantage of that proximity to water, and tons of outdoor entertaining space. 

The home is listed by Carol Proctor with Berkshire Hathaway HomeServices PenFed Realty. For more, click here.

For the original MoneyWise report, click here. To see all the homes we have found so far, click here.