In 1961, the Boston Architect Henry Wood purchased this amazing island mansion with his wife for only $3,600 on Rhode Island’s Narragansett Bay. Today, the Clingstone House (designed by J.S. Lovering Wharton with artist William Trost Richards) is a warm all-wood home with a 360-degree view of the ocean. Three stories tall, the Clingstone House has a large center hall, ten bedrooms and total of twenty-three rooms total. It would be hard to find a deal like this on today’s market for that little money, despite the fact that the salt and water-wear from the surrounding ocean on the oak beams would make maintenance of this spectacular mansion ridiculously expensive. But hey, you do what you have to do to live in your own version of paradise!