$1.75M or 174 bitcoins? Choice is Yours for Delaware Estate - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

$1.75M or 174 bitcoins? Choice is Yours for Delaware Estate

Posted: Jan 25, 2018 3:09 PM Updated:

NEWARK, Del. (AP)- A sprawling Delaware estate could be yours for just 174 units of currency.

An agent with Brandywine Fine Properties Sotheby's International Realty, Michael A. Kelczewski, is offering the chance to purchase the 4.2-acre (1.7-hectare) property with bitcoin, the international cryptocurrency that enables peer-to-peer transactions without a middleman.

The Newark home is the first in Delaware to accept bitcoin as payment. Kelczewski hopes the option will attract international buyers, as it's challenging to find luxury bidders in the area.

The home is listed at $1.75 million. A single bitcoin's value in U.S. dollars has ranged wildly recently, but at this week's value, the house would cost 174 bitcoins.

Kelczewski says an attorney would handle the bitcoin transaction, which would essentially translate to an all-cash deal.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Local Fans React to Cape-Smyrna "Basketbrawl"

    Local Fans React to Cape-Smyrna "Basketbrawl"

    Feb 23, 2018 10:21 PM2018-02-24 03:21:00 GMT
    Friday, February 23 2018 10:22 PM EST2018-02-24 03:22:26 GMT
    DOVER, Del.- After a fight broke out at a high school basketball game on Thursday night, local fans were shocked that violence ensued during a playoff match-up. The fight broke out before the conference game between Cape Henlopen and Smyrna finished at MiMore
    After a fight broke out at a high school basketball game on Thursday night, local fans were shocked that violence ensued during a playoff match-up. More
  • No Home Confinement for Former Delaware Prison Guard

    No Home Confinement for Former Delaware Prison Guard

    Feb 23, 2018 5:07 PM2018-02-23 22:07:00 GMT
    Friday, February 23 2018 5:07 PM EST2018-02-23 22:07:14 GMT
    A federal judge says he has no authority to allow home confinement for a former Delaware prison guard sentenced to three years for smuggling drugs and cellphones to inmates.More
    A federal judge says he has no authority to allow home confinement for a former Delaware prison guard sentenced to three years for smuggling drugs and cellphones to inmates.More
  • Worcester County State's Attorney Deems Social Media Threats to Schools Inaccurate

    Worcester County State's Attorney Deems Social Media Threats Inaccurate

    Feb 24, 2018 7:50 PM2018-02-25 00:50:00 GMT
    Saturday, February 24 2018 8:03 PM EST2018-02-25 01:03:05 GMT
    The Office of the State's Attorney for Worcester County said Saturday that information circulating social media that is causing people to question whether or not county schools are safe is false.More
    The Office of the State's Attorney for Worcester County said Saturday that information circulating social media that is causing people to question whether or not county schools are safe is false. More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices