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Not too long before that, another property exchanged hands for a princely sum of $36 million in 2022, as confirmed by real-estate data firm the Warren Group. High demand combined with limited availability have driven prices to astronomical heights. This year, venture capitalist Evan Jones and his wife, Cindy Jones, managed to fetch $38.1 million for their Nantucket waterfront compound, despite initially listing it for a cool $56 million. Today, Barstool Sports is known for producing online content, podcasts and videos, with Portnoy himself hosting the popular online show “One Bite Pizza Reviews,” where he traverses the globe in pursuit of the perfect slice. But the deal didn’t stop at the purchase price; it also included an additional $2 million worth of lavish furnishings and other opulent items, the outlet reported.
Dave Portnoy's Nantucket House in Photos - Yahoo Life
Dave Portnoy's Nantucket House in Photos.
Posted: Tue, 03 Oct 2023 07:00:00 GMT [source]
Barstool’s Dave Portnoy purchases most expensive home in Massachusetts history
Landscape materials and plantings were kept to a minimum, with bluestone for pavers and exposed concrete for walls. Ahern selected bayberry and beach grass for the sand dunes, using pines and hawthorns for screening. “The simple collaboration of elements helps create an elegant and unique seaside landscape,” she says. Peter Engen of Lee Real Estate, who represented Portnoy in the deal, declined to provide comment when reached by Insider.
Dave Portnoy of Barstool just bought the most expensive house ever on Nantucket
Nantucket-based Lee Real Estate was involved in the transaction, with broker and rental specialist Shellie Dunlap on the sell-side and sales and rental agent Peter Engen on the buy-side, The Journal reported. And despite there being some Redditors who don't think his place in Nantucket is ultimately worth it, there are plenty others who, knowing the area, think it's a great home. Besides, the controversial Barstool founder seems to be enjoying the home, and he's the one living in it, so there's that. For example, when it comes to trash removal and collection, instead of placing your refuse in bins outside of your home to be gathered by a waste management company, homeowners must keep the garbage in bins or barrels away from the curb until scheduled pickup days.
A family retreat looks to its 18th-century Shaker roots for design cues.
Pampr has been piloting its services on Nantucket for two summer seasons and is preparing to launch its first new market this winter. Dave, we just interviewed a local business you may want to support, they could be a big help when you visit your new property. Portnoy recently bought back his sports media site from Penn Entertainment, exiting the sportsbook industry.
Portnoy indicated in a social media post that he is the buyer of a new Nantucket property. The transaction, which Lee Real Estate confirmed in a statement to Forbes, includes another $2 million in furniture, the Current reported. The sellers acquired adjacent parcels for a combined $13.3 million back in 2016, only to raze two existing homes and replace them with the compound that now graces the island. Sources told the Wall Street Journal, which was the first to report on the transaction, that the seller of this property is a pair of trusts with intriguing names — the MAK Daddy Trust and MAK Shack Trust.
Infamous bin Laden mansion where neighbors witnessed family airlifted after 9/11 is demolished
A $4 box of cereal in a mainland Walmart will cost close to double on the island (something I became very familiar with when I visited Haines, Alaska for Ghost Hunters and on vacation in Block Island with my brother the same year Portnoy purchased his home). According to their founder, “This year, we have focused on improving our technology by automating our ordering process for customers and fulfillment process for couriers. Pre-arrival delivery for travelers checking into vacation rental homes has proved to be the core of our business. In August, we launched a gig-courier system, enabling local community members to sign up, fulfill orders, and earn premium wages through Pampr’s platform.” This has not only created earning potential for locals but has also increased the capacity for Pampr. The company declined to confirm reports that Portnoy had purchased the estate, identifying the buyer as Ferry Views LLC and the seller as Mak Daddy Trust & MAK Shack Trust.
This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Nantucket, often seen as an enclave of the elite, has seen its property prices soar since the onset of the pandemic. Portnoy’s journey from founding Barstool as a humble gambling newspaper in Boston in 2003 to becoming a media mogul is nothing short of remarkable.
Portnoy, who did not respond to messages seeking comment about the sale, previously owned real estate on Nantucket located on High Brush Path off Hummock Pond Road and has been a frequent visitor to the island for many years. Hidden behind the main residence is a treasure trove that includes a two-bedroom guesthouse and a separate studio, all connected by an underground tunnel. The secret tunnel, reminiscent of something out of a James Bond movie, adds an element of intrigue. Nestled in the coveted Monomoy area, this prime piece of real estate sprawls across approximately 1.2 acres, showcasing views of Nantucket Harbor.
The Massachusetts Gaming Commission last year approved a license for a Barstool-themed betting book at Plainridge Park Casino in Plainville, but not before raising questions about past comments made by Portnoy. Both the buyer and the seller were represented in the deal by the Nantucket firm Lee Real Estate. Broker Shellie Dunlap represented the seller, while agents Peter Engen and Bruce Beni represented Portnoy.
It’s laden with mismatched throw pillows—a perfect spot for curling up with a good book. A pair of George Smith armchairs, upholstered in blue linen and navy piping, are gathered around a custom-designed wooden coffee table from Fern NYC. Portnoy appeared Tuesday on "Varney & Co," where host Stuart Varney at one point asked the Barstool Sports founder whether he had chosen Nantucket versus Martha’s Vineyard based on politics.
According to the Myles Reis trucking company's website, this is "due to the historic nature of the island." When Dave first purchased the home in 2016, he also uploaded a series of videos entitled "Nantucket Living" on YouTube, showing what life on the island is like. If you're a fan of '80s flicks starring John Cusack, then you're probably very familiar with the most excellent comedy One Crazy Summer starring the 1408 star and Demi Moore. The movie's set on the idyllic island of Nantucket, which is not only responsible for providing delicious bottled juices, but an amazing New England atmosphere that's a top vacation destination (and home!) to celebrities like Dave Portnoy of Barstool Sports fame. Examples of tunnels featured in other homes include an "Alice in Wonderland"-inspired tunnel that leads to a children's playroom and a 70-foot tunnel that crosses under a road to grant easier access to the beach.
On the island, every home, every landscape, and every detail of the built environment must be reviewed by this elected board of architects, builders, and preservationists. "Not only is this a record sale for Nantucket (eclipsing the prior record of $38M), but also the highest sale in the Commonwealth of Massachusetts," Dunlap said. The Wall Street Journal reported Portnoy’s eye-popping $42 million purchase on Sept. 29. The home, built on a pair of land parcels totalling 1.2 acres, sits near the sea shore in Monomoy, part of Massachusetts’ island of Nantucket, according to the outlet. Portnoy’s reported purchase tops the summer sale of a nearby home that went for $38.1 million. Barstool fans, after seeing what $2 million gets you in Nantucket, were pretty shocked.
“At $42 million, the sale has set a new benchmark for residential real estate on Nantucket,” Lee Real Estate said in announcing the sale of the Monomoy Road mansion. The sale set a residential real estate record for the island as well as the entire state of Massachusetts, according to the Nantucket Current. The purchase includes two separate lots that have been developed as a single property - 72 and 68 Monomoy Road - and the estate had not been listed for sale on the market. The closing price includes roughly $2 million worth of furniture and amenities in the fully furnished estate. The 1.2-acre pair of waterfront properties at 68 and 72 Monomoy Road feature a 5,200-square-foot main estate with a two-bedroom guest house and pool in Nantucket’s Monomoy neighborhood, giving the homeowner a sunset view over Nantucket Harbor and the island’s historic downtown. She cited the robust state of the real estate market and the current demand for move-in ready homes on Nantucket as key factors.
A small bedroom located directly off the primary bedroom is the perfect space for a children's room. Because of the high ceilings on the top floor, a bunk bed proves to be the perfect sleeping arrangement. The beautiful wallpaper in this room was created by Audrey Sterk, a local interior designer and artist who specializes in wall coverings and murals. The home’s airy kitchen extends into a great room that’s flanked by a cozy window seat.
Although the photos are dated by a few years, the specs listed on the place, along with the photos, show off a lot of space. It's a solid 2,256 square feet with five bedrooms and four bathrooms along with a gorgeous swimming pool in its sizable backyard and a playground. The 1.2-acre compound is located in the Monomoy area, "on one of Nantucket's most enviable sites," according to Workshop/APD, the architecture and design firm behind it.
Two grantors appeared on Sept. 29 property records, while Ferry Views LLC did so as the grantee. In a post on X, formerly known as Twitter, Portnoy appeared to confirm the purchase of the property. You can actually see the place in all of its Zillow glory even though it's off the market (because duh, the dude's living there).
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