Newegg offers the 2.7-lbs ASUS Celeron 1.86GHz 11.6" LED-Backlit Laptop, model no. X200MA-DS02, for $229.99 with free shipping. That's the lowest total price we could find by $90. Features include an Intel Celeron Bay Trail N2815 1.86GHz dual-core processor, 11.6" 1366x768 LED-backlit LCD, 4GB RAM, 500GB hard drive, 802.11n wireless, media card reader, 3-cell battery, and Windows 8.1 64-bit.
Note: It doesn't feature an optical drive.