A sprawling multi-million dollar Nantucket home is on the market for an eye-popping ZERO dollars...but under one very specific condition

Published: 22:09, 14 May 2026 | Updated: 22:26, 14 May 2026 A sprawling $3 million mansion in Massachusetts is on the market for free, but the lucky buyer will have to move the house themselves off the coveted property.  The classic paneled home on Nantucket, nicknamed Billionaires' Island, is located at 140 Surfside Road and is a part of the island's Demolition Delay Bylaw program.  The bylaw was expanded in 2024 to encourage the relocation of homes rather than their demolition.  Shelley Lockwood, a local real estate agent, told Realtor.com that Nantucket's tradition of relocating older homes helps prevent them from filling landfills.  Prospective buyers must be prepared to move the home to a new location within 180 days of the sale.  Lockwood told the publication that the practice is quite common, with buyers often purchasing a property on the iconic vacation island for the land rather than the house The Surfside listing was purchased last December by Dean Lampe for $3 million. He is now seeking to get rid of the home for free, but will still own the land.   Lampe has participated in multiple real estate dealings on the island. The Nantucket Current reported last April that Lampe sold a sprawling $5.4 million mansion on 13 Aurora Way, which is about a 10-minute drive from the property on Surfside. Nantucket has been nicknamed 'Billionaires' Island' for its concentration of wealth and sky-high homes  A home on Surfside Road, pictured above, can be purchased for zero dollars if the buyer is willing to move it off the property  Nantucket has a median home price of over $3 million, which is 142 percent higher than the national average Realtor.com also reported that Lampe purchased a seven-bedroom house next door for $8 million in 2023.  140 Surfside is a three-bedroom, two-bathroom home and is over 1,736 square feet. It was built in 1994.  The property features a sprawling elevated front deck and a second rooftop deck, creating stunning views wherever the home ends up.  The proposal to move the home may seem strange, but it has become a tradition on the island as it grapples with high costs.  Nantucket has implemented a program to prevent older homes from being demolished. Applicants must relocate the houses within 180 days. Pictured above is a home relocation shared by the Nantucket Preservation Trust  Nantucket has become a playground for billionaires wanting to escape for the summer. Those participating in house transfers must move their homes outside of the summer season  The median sale price in Nantucket is over $3 million, which is 142 percent higher than the national average, according to Zillow.  Since the island began implementing the Demolition Delay Bylaw program, permit requests to relocate homes have skyrocketed. There were 163 relocations to Nantucket in 2022 and 2023, according to Blue Dot Living.  House transfers must be made between September 15 and June 15, before the crowded summer season.  The Daily Mail has reached out to the listing's realtor for comment.   The comments below have not been moderated. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. By posting your comment you agree to our house rules. Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual. Do you want to automatically post your MailOnline comments to your Facebook Timeline? Your comment will be posted to MailOnline as usual We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook. You can choose on each post whether you would like it to be posted to Facebook. Your details from Facebook will be used to provide you with tailored content, marketing and ads in line with our Privacy Policy.