How much dock space will $4.75 million dollars buy you in Nantucket? Well apparently only 140 feet. This particular private boat slip in Nantucket Harbor sold in January to a buyer with ties to Eric Schmidt, executive chairman of Google parent Alphabet Inc. But don’t worry! The whopping price tag doesn’t just buy you measly square footage. The dock itself is a picture perfect slip that’s part of an old whaling wharf in a tiny harbor, and it even comes with a vehicle parking space. According to a Nantucket real estate agent, the price reflects the rarity of the slip, being only one of three total in the area.
But hey… When you’re worth $10.6 billion as the Schmidts are, it’s only a drop in the bucket.