Google chairman buys Massachusetts slip for $4.75 million - Soundings Online

Google chairman buys Massachusetts slip for $4.75 million

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It’s a Google dock — and this one in Nantucket, Mass., cost $4.75 million.

The rare deepwater slip in the quaint harbor of a Massachusetts island was sold last month to an entity with ties to Eric Schmidt, executive chairman of Google parent company Alphabet, and his wife, Wendy, a prominent Nantucket philanthropist.

That may seem like a lot for a place to dock a boat, but this is a beloved seaside town that has increasingly become a summer haven for the very rich.

And it’s one of just three deepwater slips — long enough to dock a 156-foot yacht — in the harbor at the edge of a picture-postcard old whaling wharf, according to the Boston Globe.

“You can see how demand would be quite high,” Jen Shalley, an agent with Nantucket-based Fisher Real Estate who brokered the deal, told the Globe. “It’s such a rarity. There were multiple interested parties.”