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shopping2h ago
A $3M Nantucket home can be yours for free — but there’s one very big catch
- The town of Nantucket is gifting a $3 million home to a new owner who must relocate it within six months.
- The Demolition Delay Bylaw program aims to curb waste by moving homes rather than demolishing them.
- Relocating a home on Nantucket can cost between $150,000 and $500,000 or more.
- A letter of intention must be submitted to the town's building commissioner to join the program.
- The first house move under the updated bylaw occurred in February 2025.
- Land value on Nantucket is extremely high, influencing buying decisions about these homes.
- Relocating a home may be appealing due to high Nantucket real estate prices.
- The bylaw requires readiness to move the home to its final destination within six months.
- The home is located on a 1.04-acre lot on Nantucket, far enough from the shoreline to avoid erosion concerns.
- The program has attracted attention among notable Nantucket figures and celebrities.
- The article notes ongoing stories trending in US news alongside the Nantucket deal.
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