{"id":1751,"date":"2026-05-17T15:01:18","date_gmt":"2026-05-17T15:01:18","guid":{"rendered":"https:\/\/houstonmovingjournal.com\/?p=1751"},"modified":"2026-05-17T15:01:18","modified_gmt":"2026-05-17T15:01:18","slug":"nantucket-home-will-cost-you-0-but-theres-one-unusual-condition","status":"publish","type":"post","link":"https:\/\/houstonmovingjournal.com\/?p=1751","title":{"rendered":"Nantucket home will cost you $0 \u2014 but there\u2019s one unusual condition"},"content":{"rendered":"<div><div><div>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"wp-image-1750\" height=\"432\" src=\"https:\/\/houstonmovingjournal.com\/wp-content\/uploads\/2026\/05\/e81fac1c5e0abe66fa9df313dd26633f.webp\" width=\"764\" srcset=\"https:\/\/houstonmovingjournal.com\/wp-content\/uploads\/2026\/05\/e81fac1c5e0abe66fa9df313dd26633f.webp 764w, https:\/\/houstonmovingjournal.com\/wp-content\/uploads\/2026\/05\/e81fac1c5e0abe66fa9df313dd26633f-300x170.webp 300w\" sizes=\"auto, (max-width: 764px) 100vw, 764px\" \/><\/figure>\n <span>article<\/span><\/div> <div><div><p><span>Great Point lighthouse at Nantucket in Massachusetts. (Photo by: John Greim\/Loop Images\/Universal Images Group via Getty Images)<\/span> <!-- --><\/p><p>Read more <a href=\"https:\/\/houstonmovingjournal.com\/?p=1748\">Gen Z is single-handedly bringing America\u2019s shopping malls back to life<\/a><\/p> <!-- --><\/div><\/div> <!-- --><\/div> <!-- --><p>A million-dollar Nantucket home is being offered for free, but the new owner must be prepared to move it off the property within 180 days.<\/p> <!-- --><p>The 1,736-square-foot colonial at 140 Surfside Road on Nantucket, an upscale island off Cape Cod, <u>Massachusetts<\/u>, is available through the island\u2019s Demolition Delay Bylaw program.\u00a0<\/p> <p>The initiative <u>encourages homeowners<\/u> to relocate older houses rather than send them to the landfill, according to <u>Realtor.com<\/u>.<\/p> <!-- --><p>The three-bedroom, two-bath home sits on just over an acre and last sold for $3 million in December 2025 through an LLC linked to Dean Lampe, who has bought and sold multiple properties on the island, the outlet reported.<\/p> <!-- --><div><\/div> <!-- --><p>It\u2019s not entirely clear why the house is being removed, but local <u>real estate agent<\/u> Shelly Lockwood noted that on Nantucket, the land can often be more valuable than the home itself.<\/p> <!-- --><p>&#8220;Because the value of the land is so high \u2014 because there&#8217;s none left on the island, really \u2014 people will buy a house they don&#8217;t want just to get the land,&#8221; Lockwood, of\u00a0Pepper Frazier Real Estate, said.<\/p> <!-- --><p>Unlike some Nantucket homes threatened by erosion, this property is located far enough away from shore and is not in danger of falling into the ocean, according to Realtor.com.<\/p><p>Read more <a href=\"https:\/\/houstonmovingjournal.com\/?p=1745\">Iran latest: Trump suggests fighting could resume as Iran prepares public for war<\/a><\/p> <!-- --><p>Anyone interested in claiming the home must submit a letter of intent to both the town&#8217;s building commissioner and the owner.<\/p> <!-- --><p>Whoever claims it then has 180 days to move the house and must be prepared to cover the cost of <u>moving it<\/u> \u2014 which can range anywhere from roughly $150,000 to $500,000, Realtor.com reported.<\/p> <!-- --><p>With Nantucket\u2019s median home price around $4.4 million and vacant land starting near $1.65 million, relocating a free house can still be a good deal, according to Lockwood.<\/p> <!-- --><p>&#8220;When they come up, they are very hot commodities,&#8221; Lockwood said. &#8220;Who wouldn&#8217;t want a house for $150,000 or so moving costs? You grab them if you can; it&#8217;s a hell of a value.&#8221;<\/p> <!-- --><p>She added that buyers priced out of the island\u2019s high-end market often purchase land and wait for an opportunity like this.<\/p> <!-- --><p>&#8220;They know one will come up,&#8221; she said.<\/p> <!-- --><p>Last year, former New England Patriots coach turned University of North Carolina head football coach <u>Bill Belichick<\/u> saw his $4 million Nantucket beach cottage sell within days of hitting the market.<\/p><p>Read more <a href=\"https:\/\/houstonmovingjournal.com\/?p=1742\">Houston weather: High humidity, dangerous rip currents threaten Southeast Texas beachgoers<\/a><\/p> <!-- --><p><i>FOX Business&#8217; Daniella Genovese contributed to this report.<\/i><\/p> <!-- --> <!-- --> <\/div>","protected":false},"excerpt":{"rendered":"<p>The 1,736-square-foot colonial sits on over an acre on the island where median home prices hit $4.4 million.<\/p>\n","protected":false},"author":1,"featured_media":1749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,166],"tags":[],"class_list":["post-1751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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