The Edgartown selectmen are ready for Take Two in trying to find a buyer for the Warren House.
The town purchased the circa-1690 North Water street house for $3.5 million in 2004, with the idea of expanding the Edgartown Public Library, located next door. But this proved unfeasible, and the mansion, now in disrepair, was listed for sale in September.
The house was placed on the central register with minimum bids of $2.5 million. The town did not receive any bids by the end of November.
On Wednesday, the selectmen discussed their options with town administrator Pamela Dolby and town counsel Ronald H. Rappaport.
Mrs. Dolby said the town did everything legally the first time around, but wanted to try to reach more potential buyers. In the end, the group decided to list the house in the central register but remove the minimum bid, though Mrs. Dolby said the town couldn’t sell the property for less than they owe on the house.
A new advertisement for the house will also say “brokers will be protected,” meaning brokers who facilitate the sale can get a three per cent commission.
The house will be listed in the register through March 1.
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