An impressive mansion is now available for free on the market, but there is a catch. Situated in Massachusetts and valued at approximately $3 million (around £2,200,000), this property in Nantucket, also known as Billionaires’ Island, is up for grabs at no cost. However, the potential buyer must relocate the house off the plot within 180 days due to the island’s Demolition Delay Bylaw program, which aims to encourage relocation rather than demolition.
The owner, Dean Lampe, initially listed the home for millions but eventually decided to give it away as the pressure mounted. This three-bedroom, two-bathroom house spanning 1,736 square feet can now be yours for nothing. Fortunately, if the buyer does not have available land yet, the homes can be temporarily placed in a “crib,” a crane that suspends the building until relocation. Transfers must occur between mid-September and June 15 to avoid the summer tourist season.
Local real estate agent Shelly Lockwood highlighted the value of these houses, emphasizing the scarcity of land on the island. The tradition of moving properties has evolved on Nantucket as residents cope with rising costs and high demand. While the concept may seem unusual to many, it has become a practical solution for navigating the real estate market on the island.
Moving a substantial home poses challenges, as described by Carl Jelleme of Toscana Corp, a company experienced in relocating homes on the island. Factors like road width, trees, utility lines, and neighboring structures influence the moving process. While moving a building in pieces is an option, it is often not the most efficient or cost-effective approach.
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