A Nantucket home threatened by beach erosion is being demolished

house on Nantucket coast It was demolished, which was severely threatened by beach erosion.

Workers demolished the house, located on the south shore of Massachusetts, earlier this week. according to Nantucket Stream.

Its demolition came about half a year after Don Vaccaro, co-founder of Ticketnetwork Inc., purchased the coastal property from its longtime owners in A deal worth $200,000 During the summer of 2024.

City officials reportedly decided in December that the house needed to be demolished.

The billionaire had to demolish his Nantucket beach house

The outlet reported that the sea has been creeping closer and closer to it over the years, with 10 to 20 feet of beach disappearing in the past six months.

Pictures showed an excavator demolishing the two-story house and placing the debris in a nearby garbage container.

FOX Business has reached out to the homeowner for comment.

Vaccaro, who is also the owner of a neighboring property, told the Nantucket Current that he was “able to use it for a week with my family and kids in both homes, which is an invaluable experience, so it was worth it in the end.”

“Unfortunately, the town wanted to remove the house for safety reasons, and we complied with the town’s request even though the house remains structurally sound,” he said.

Nantucket beachfront homes remain coveted by buyers despite high risk of being swallowed up by the sea

The previous owners sold the house to Vaccaro for just $200,000 after they received a “surprise call” from him, the Nantucket Current reported last year. Property records reviewed Friday put its estimated value at about $1.3 million.

Before it was listed, they weren’t listed for sale because they said they didn’t want to “sell to someone when you know a storm might take it out next week,” according to the outlet.

Vaccaro He said in a statement He told FOX Business in early July of last year, shortly after the house changed hands, that he “had no illusions that the house would stay in place for more than a year, and he bought it under the assumption that it would be in the water.” By spring 2025.”

This NANTUCKET Beachfront HOME is selling for a very low price, but there’s a problem

Coastal erosion is a phenomenon that multiple areas throughout Nantucket have to contend with.

On the south coast, the island sees annual beach erosion “in the middle” of 0.56 feet and 12.63 feet, the local government said on its website.