A former Coast Guard light station built 34 miles off North Carolina’s coast is being put up for auction by the Charlotte man who turned it into the world’s strangest bed and breakfast.
The Frying Pan Tower, which sits outside the United States’ jurisdiction, has a starting bid of $10,000.
That’s about $75,000 less than what Richard Neal paid for it back in 2010, but he’s optimistic. Neal believes it will likely go for six figures, given the nation’s booming housing market. Auction details will be posted soon on www.FPTower.com.
Hundreds of people have stayed at the tower since he started renting rooms in 2012 and more than a few have expressed an interest in buying the place, he says.
The big question, he says, is what the next owner might do with it, given the countless possibilities.
The Frying Pan Tower was built in 1964.
The Frying Pan Tower/www.FPTower.com
“I’ve heard talk of everything from a casino to a brothel to marijuana growing,” says Neal, whose “day job” is as a software sales engineer