Don Vaccaro's recent investment in a Nantucket beach house, despite its precarious location, highlights the growing issues of coastal erosion affecting property values and safety.
Vaccaro noted, "I was able to use it one week with my family and kids in both houses, which was a priceless experience, so it was worth it in the end."
The house at 28 Sheep Pond Road, purchased for $200,000, was demolished due to significant coastal erosion, showcasing the risks of buying property in vulnerable locations.
Over the decades, Sheep Pond Road has seen a dramatic loss of homes due to erosion, raising questions about the future viability of remaining properties.
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