If you ever dreamed of owning your own private island, the fantasy might be more affordable than you think.

Just in time for the holiday season, Private Islands Inc. is advertising a series of private islands selling for under $350,000.

The showcase of "cheap" private islands comes just after America's cheapest private island went on sale in November for $119,900.

Since the collapse of the housing market, the value of private islands has dropped around 25 percent, the Wall Street Journal reports.

Check out the private islands here:

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  • Fisherman’s Point, Michigan – $175,000 USD

    Fisherman’s Point is a private island located in Michigan on Lake Saint Clair, developed with a beautiful private cottage perfectly situated on the St. Clair Flats. <a href="http://www.privateislandsonline.com/islands/fishermans-point-island">Buy this Island</a>

  • Mannions Island, West Cork – $185,722 USD

    Mannions Island is a 4-acre private island in picturesque Dunmanus Bay, West Cork. The Island is within 200 meters of the foreshore and just a few minutes from a newly-constructed pier. <a href="http://www.privateislandsonline.com/islands/mannions-island">Buy this Island</a>

  • Kastawei Island, South Santo – $199,000 USD

    Kastawei Island is a picture-perfect tropical island, surrounded by white sand and a pristine reef. Just under an acre in size, this symmetrical little gem comes with a fresh 75-year Commercial/Tourism lease and is perfectly suited to build your dream island home in the Pacific. <a href="http://www.privateislandsonline.com/islands/kastawei-island">Buy this Island</a>

  • Dokis Marina, Ontario – $218,220 CAD

    Dokis Marina Island is a half-acre private island developed with a cottage and cabin in scenic French River-Lake Nipissing area. This Island is nicely treed with pines and has a granite shoreline. <a href="http://www.privateislandsonline.com/islands/dokis-marina-island"> Buy this Island</a>

  • Pine Island, Maine – $250,000 USD

    Pine Island is a very private 12-acre island located in the middle of Meddybemps Lake, in the township of Alexander. The island is developed with a two bedroom cabin that enjoys a west-facing porch, pefect for catching the beautiful sunsets. <a href="http://www.privateislandsonline.com/islands/pine-island-maine">Buy this Island </a>

  • Bird Island, Florida – $250,000 USD

    Bird Island is a 50-acre island located on the Harris Chain of lakes East of Lady Lake and a short trip to The Villages. The majority of the Island is wet. ESPN and Bassmasters conduct tournaments on this Harris chain of lakes every year. <a href="http://www.privateislandsonline.com/islands/bird-island-florida">Buy this Island</a>

  • Underwood Island, Connecticut – $295,000 USD

    Underwood Island sits in beautiful Coventry lake in Northeastern Connecticut, with over 2000 feet of shoreline on one of the cleanest lakes in Connecticut. Its house has southernly exposure, and has been completely renovated. This property also includes a 50ft X 100ft lot on shore with lake access through Waterfront Heights Beach association. <a href="http://www.privateislandsonline.com/islands/underwood-island"> Buy this Island</a>

  • Smith’s Island, Nova Scotia – $315,000 CAD

    Smith’s Island is a beautiful 75-acre island located in the town of Marie Joseph would make an ideal private summer retreat or nature preserve for someone who likes to sail or a family with a view to the future. <a href="http://www.privateislandsonline.com/islands/smiths-island"> Buy this Island</a>

  • Hästholmen, Sweden – $309,536 USD

    Hästholmen is a private island with 2 cottages, a sauna by the waterside, a boathouse, and several sundecks and bathing spots by the water that offer sun from morning to evening. The island offers seclusion in the unique setting of the Swedish wilderness, with access to wide forest areas, fishing and much more nearby. <a href="http://www.privateislandsonline.com/islands/hastholmen">Buy this Island</a>

  • Lyons Island, Ontario – $339,357 CAD

    Lyons Island represents a rare opportunity to own a private island in picturesque Prince Edward County. Ideally located on sheltered East Lake mere minutes from Sandbanks National Park, this 1.5 acre island is a dream retreat, but only a little more than 2 hours from Toronto. It is developed with a 3-bedroom cottage. <a href="http://www.privateislandsonline.com/islands/lyons-island">Buy this Island</a>

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