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

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SOLD
$42,000,000

Massachusetts

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Single Family5,200 SF
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SOLD

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

Single Family5,200 SF
Sold
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$8076
Total Square Footage:5200 SF
Transaction Type:Sale

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:

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.

Players

Shellie Dunlap
1 deal$42M volume(508) 901-9890
BROKER

Peter Engen
Lee Real Estate
1 deal$42M volume(781) 710-1277
BROKER

Dave Portnoy
7 deals$93.5M volume
BUYER

Details

SOLD
IMAGE: Peter Engen, Dave Portnoy & Shellie Dunlap DATE: 09/29/2023 MARKET: Nantucket, MA ASSET TYPE: Single Family BUYER: Dave Portnoy (@StoolPresidente) SELLER: MAK Daddy Trust & MAK Shack Trust BROKERS: Peter Engen (@PeterEngen) & Shellie Dunlap (@NantucketExp) - Lee Real Estate (@LeeRealEstateNantucket) SALE PRICE: $42,000,000 SF: 5,200 ~ PPSF: $8,077 NOTE: Barstool Sports founder Dave Portnoy, also known as El Presidente, has purchased a waterfront compound on Nantucket's Monomoy Road for a record-breaking $42 million, surpassing the previous high sale price of $38.1 million set in June 2023.

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