(Source: www.forbes.com)

Looing to own a unique second home? Tired of nearby nosy neighbors? Want to rent out a unique travel destination? Or looking to travel to a classic “planes, trains and automobile” (plus boat) destination?

The federal government may be selling the property of your dreams. Six decommissioned lighthouses are being put up for auction (search Real Estate, then Lighthouse) by the General Services Administration. Five are in Michigan, like the Minneapolis Shoal Light in Northern Green Bay and Poe Reef Lighthouse in Lake Huron. The sixth, 144-year-old Craighill Channel Lower Range Front Light Station in Chesapeake Bay, Md., guards the approaches to Baltimore Harbor.

But even checking on the lighthouse of your dreams, including climbing the ladders and defying weather, wind and waves to reach your property, may demand a degree of upper body strength.

If the new owners fix up the properties and put them on AirBnB, they would be entrepreneurs but not exactly pioneers. There are already literally dozens of lighthouses across the U.S. available for vacation rentals. For more on lighthouses, try lighthousefriends.com.

Opening bids for the six lighthouses range from $10,000 to $27,000. That’s hardly the whole extent of your investment, of course, as the government expects the winner bidders to “acquire and maintain a right of occupancy,” ie, fix it up until habitable.

As of Thursday, three of the properties had no bids yet.

Michael Goldstein

More Info: www.forbes.com

Advertisements