It’s last call for an Edgartown home that had played host to several large-scale parties for the debt-plagued whiskey brand Uncle Nearest.
A U.S District Court judge in Tennessee signed off on the sale of the Edgartown-West Tisbury Road home on Monday as Uncle Nearest works to pay off its creditors.
The home had caused a stir in the Codman Spring Road neighborhood in 2023 for the parties that were held there to promote the company, which had become a darling in the whiskey world for its bourbons.
But the .6-acre property, complete with putting green, had become a point of contention in court in recent months as Uncle Nearest’s lenders claimed the company owed $100 million and had defaulted on payments.
In 2025, Uncle Nearest was put into the hands of receiver Philipp Young Jr. Mr. Young had asked the court if he could sell the home in order to clear some of the company’s debts.
The request was put on pause when the court called for an appraisal of the property to be made. After a holding a hearing last week, eastern Tennessee federal court Judge Charles Atchley Jr. ruled that the $2.5 million offer that Mr. Young had previously received could be accepted because it was almost identical to the appraisals done for the property.
Fawn and Keith Weaver, the owners of Uncle Nearest, objected to the sale of the house, saying it was shortsighted and would undercut the potential marketing boost the home has provided over the years.
But Judge Atchley sided with the receiver, and said the sale could proceed.
“The Court understands the Weavers’ position, and there is no doubt in its mind that the Martha’s Vineyard Property provides some benefits to Uncle Nearest,” the judge wrote in his nine-page ruling.
“But the Court is not convinced these benefits outweigh the costs the Martha’s Vineyard Property is continually imposing on the receivership estate,” he continued. “And when considering the Martha’s Vineyard Property’s geographic separateness from Uncle Nearest’s other operations, its lack of ties to Uncle Nearest’s origins, and the fact that potential purchasers of Uncle Nearest have not expressed any interest in acquiring the Martha’s Vineyard Property, the Court is left with the firm conviction that it is in the best interests of the receivership estate to sell the Martha’s Vineyard Property.”
The judge also ruled that the proceeds from the sale should not yet be given to Farm Credit Mid-America, Uncle Nearest’s creditor, until the court parses out the rest of the claims.
The proposed sale is for $2.59 million to Jenifer and Sekou Kaalund.
Mr. Young also told the court he had two backup offers for the same price, according to the ruling. A proposal from Nubian Sage Enterprises, a company founded by retired NBA players Mark West and Kevin Johnson, to purchase all of the shares in the limited liability company that owns the house for $900,000 was rejected by the court.







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