Dave Portnoy's $42 million Nantucket home breaks record

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Dave Portnoy's $42 million Nantucket home breaks record
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Barstool Sports founder Dave Portnoy has a massive new home on Nantucket that he reportedly acquired in a recent transaction that broke at least two sale records.

The Wall Street Journal reported Portnoy’s eye-popping $42 million purchase on Sept. 29. The home, built on a pair of land parcels totalling 1.2 acres, sits near the sea shore in Monomoy, part of Massachusetts’ island of Nantucket, according to the outlet. Nantucket-based Lee Real Estate was involved in the transaction, with broker and rental specialist Shellie Dunlap on the sell-side and sales and rental agent Peter Engen on the buy-side, The Journal reported.

Portnoy appeared Tuesday on "Varney & Co," where host Stuart Varney at one point asked the Barstool Sports founder whether he had chosen Nantucket versus Martha’s Vineyard based on politics. "No, I’m not," Portnoy said. "I will say that I don’t even consider– it’s insulting to put Martha’s Vineyard in the same sentence as Nantucket. It’s a far superior island, and I would never ever contemplate lowering myself to live on the Vineyard.

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