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He’s also been accused of making misogynistic, sexist and racist harassing comments, which he has passed off as jokes, according to the Washington Post. Pampr provides pre arrival delivery of groceries, alcohol, gear & rental equipment via local vendors on Nantucket. Having launched in June 2022, the company has already reached 275 paying customers by the end of this past August.
Barstool Sports founder Dave Portnoy buys Nantucket estate for $42 million
Portnoy indicated in a social media post that he is the buyer of a new Nantucket property. 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. Nantucket is not a place where you go, go, go; people come here to slow down. If you have kids, or simply don’t feel like packing snacks or traveling far from town, all good—you’re set on amenities here. The open-air restaurant Sandbar does a $1 oyster happy hour, serves cocktails and slings wings, sandwiches, and salads.
Barstool Sports Founder Dave Portnoy Buys $42 Million Nantucket Compound, A New Record
With changing stations, a plastic mat that leads from the parking lot to the water, showers, volleyball nets, and a playground, Jetties is accessible and stress-free. Take its sloping cobblestone streets, pink lady’s slipper orchids splitting the sandy soil, and glowing Christmas trees floating on boats in December. It is the world of Herman Melville’s Moby Dick, a natural splendor where rare species—such as double-crested cormorants and piping plovers—gather, and for travelers, it is a world-class destination ideal for kicking back. So much more than just a summer town, Nantucket is a beauty in winter, fall, and spring.
Dave Portnoy's $42 million Nantucket home breaks record
This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Shellie Dunlap of Lee Real Estate told WBZ-TV she represented both the buyers and sellers of the home, but said she could not give any details about their identities. Portnoy, who was accused of sexual misconduct and lost a defamation lawsuit filed against Insider, founded the sports blog Barstool Sports in 2003. He sold it to Penn Entertainment for $551 million, before buying it back in August for $1.
Everything else is old news.
Barstool Sports founder Dave Portnoy reportedly purchased a waterfront mansion on Nantucket for $42 million -- the most expensive real estate transaction in the history of the island and the entire state. “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 1.2-acre estate has three dwellings with private beach access, the company said. Dunlap spilled the details, revealing that the main house features four bedrooms, complete with a primary suite offering an indoor/outdoor shower and foldaway glass doors that open up to harbor views. The 1.2-acre property features the main dwelling that’s connected to a guesthouse via an underground tunnel, as well as a recently finished pool. The combined 1.2-acre property features a waterside main dwelling, a guesthouse, and a pool that were completed in 2018 and 2019 by the Nantucket construction firm Reid Builders and designed by architect Andrew Kotchen of Workshop/APD and landscape architect Miroslava Ahern.
Barstool Sports founder Dave Portnoy 'drops $42MILLION on waterfront Nantucket compound featuring a swimming p - Daily Mail
Barstool Sports founder Dave Portnoy 'drops $42MILLION on waterfront Nantucket compound featuring a swimming p.
Posted: Fri, 29 Sep 2023 07:00:00 GMT [source]
In 2015, The Wall Street Journal reported tunnels were becoming more common as a unique amenity for wealthy homebuyers. 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. Portnoy spent an additional $2 million on furniture and other extras that came with the home, sources told the Journal. 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.
Portnoy, who is from Massachusetts, has previously invested in Nantucket real estate, having bought a property for around $2 million. He recently reacquired Barstool for $550 million after selling it to Penn Entertainment. He’s also known for appearing in headlines nearly as much as his media company generates them. In 2021, he faced allegations of sexual misconduct from several women, which he denied.
Dave Portnoy of Barstool just bought the most expensive home ever on Nantucket - Time Out
Dave Portnoy of Barstool just bought the most expensive home ever on Nantucket.
Posted: Sat, 30 Sep 2023 07:00:00 GMT [source]
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Dave, we just interviewed a local business you may want to support, they could be a big help when you visit your new property. Shellie Dunlap of Lee Real Estate acted on behalf of the sellers; the buyer was repped by Peter Engen, also of Lee Real Estate. 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. 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.
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Portnoy’s reported purchase tops the summer sale of a nearby home that went for $38.1 million. In a post on X, formerly known as Twitter, Portnoy appeared to confirm the purchase of the property. Peter Engen of Lee Real Estate, who represented Portnoy in the deal, declined to provide comment when reached by Insider. "In the big markets, people who are paying cash for $3 million homes want something that no one else has," Ron Syrnyk, an interior designer who had designed a tunnel to a wine cave for a client, told the Journal at the time. 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.
There’s also a pool area, along with a detached guesthouse hosting a gym and media room. Completed around 2018, the spread is now spotlighted by a four-bedroom main house boasting casual yet elegant interiors highlighted by a double-height entry foyer displaying a sculptural staircase, plus bi-folding glass doors overlooking sweeping views of Nantucket Harbor. Portnoy’s purchase includes two separate lots at 72 and 68 on Monomoy Road that have been developed into a single property, the Nantucket Current reported. Barstool Sports founder Dave Portnoy has bought a waterfront Nantucket estate for $42 million, according to published reports, a record price for the tony island. The 1.2-acre harborfront home on Nantucket reportedly purchased by Barstool Sports founder Dave ... 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.
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. As the most discerning, up-to-the-minute voice in all things travel, Condé Nast Traveler is the global citizen’s bible and muse, offering both inspiration and vital intel. We understand that time is the greatest luxury, which is why Condé Nast Traveler mines its network of experts and influencers so that you never waste a meal, a drink, or a hotel stay wherever you are in the world.
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. 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). 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 company is targeting transient resort-style communities that are home to a large number of short-term vacation rental properties. They will be launching their first new market in November in a West Coast location with a high volume of short-term vacation rentals. And in summer 2024, they are aiming to expand to a new East Coast market in addition to Nantucket.
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