Cape Cod cottage teetering on the edge of an eroding ocean bluff finds a buyerafter price went under $100K

A Cape Cod cottage that sits just a few feet from the edge of an eroding cliff overlooking the ocean has come under offer from a buyer—three months after its owner slashed his asking price to just $99,000.The property located at 157 Brownell Road in Eastham, MA, was originally put on the market by owner David Moot for $199,000 in October 2025, less than two years after he purchased the beachside dwelling for nearly double that amount.Just one month after listing his home however, Moot cut his ask by more than half, chopping $100,000 off the price in an effort to lure a buyer.Now, it seems that tactic may well have paid off, with the Realtor.com listing for the precarious property indicating that it is now pending sale—meaning an offer has been accepted by the seller but the deal has yet to officially close.It is not yet known what offer Moot has accepted, although he stands to lose a significant chunk of his investment, even if the buyer has met the full asking price that was most recently attached to the dwelling.Still, he has previously insisted that he did not buy the dwelling as an investment opportunity, but rather as a chance to enjoy the home’s proximity to the ocean—even if only for a short amount of time.“Life’s too short, and I just said to myself: ‘Let’s just see what happens,'” he told Bloomberg in August 2024.At the time, the property stood 25 feet away from the edge of the bluff, however it is unclear whether that distance has decreased in the time that Moot has owned the home, particularly in the wake of the brutal winter storms that have battered much of the East Coast in recent weeks.When an adjacent property hit the market in September 2025, its listing agent, Jack Sullivan of William Raveis Real Estate – Harwich Port, revealed that nearly 60 feet of the land separating that home from the cliff’s edge had disappeared into the water in the five years leading up to its sale.“When the seller bought the property, i...