Dave Portnoy Acquires Nantucket Waterfront Compound For Record-Breaking $42M

Dave Portnoy, the founder of Barstool Sports, has recently purchased a waterfront compound on Nantucket's Monomoy Road for a record-breaking $42 million. This sale price surpasses the previous high of $38.1 million, which was set in June 2023. The property is a single-family home with a size of 5,200 square feet, resulting in a price per square foot of $8,077. Located in the beautiful market of Nantucket, Massachusetts, the compound offers stunning views and luxurious amenities.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $42,000,000
• Market: Nantucket, MA
• Berbra: Dave Portnoy
• Seller: MAK Daddy Trust & MAK Shack Trust
• Brokers: Peter Engen & Shellie Dunlap - Lee Real Estate

This significant real estate transaction was made possible through the involvement of key individuals and companies. The buyer, Dave Portnoy, is the renowned founder of Barstool Sports and is also known as El Presidente. The sellers were the MAK Daddy Trust and MAK Shack Trust. The brokers who facilitated the deal were Peter Engen and Shellie Dunlap, representing Lee Real Estate. With their expertise and negotiation skills, they enabled a successful transaction between the buyer and seller.