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A historic home in Bath could be yours for $1, but there's a catch

BIW is selling the Deering House for $1 each, and buyers must cover moving and site costs or the historic home will be demolished.

  • On Wednesday, General Dynamics Bath Iron Works announced it is selling two residential buildings, including the historic Deering House at 606 Washington Street, for $1 each, requiring relocation by Nov. 20, 2027.
  • Jolene Nickerson, director of facilities capital at BIW, said the company needs to "improve our facilities" to grow and employ Mainers; if unsold, the building faces demolition.
  • Built around 1900, the Deering House was the home of shipbuilder Gardiner G. Deering, whose shipyard influenced Bath's maritime history along the Kennebec River. Jack Martin, archivist at the Patten Free Library, said, "You would have a one-of-a-kind home and a great story."
  • Buyers assume all moving costs, including permits, site preparation, and utilities, as BIW sells the buildings as-is without warranties; interested parties can schedule inspections via BIWProject email.
  • The Bath Historical Society hopes someone can preserve the property, and Nickerson noted the community is excited about relocation, stating, "The hope is that there is somebody that has a viable lot to move this to, and that it.
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A historic home in Bath could be yours for $1, but there's a catch

Why spend $500,000 or more for a home, when you could get it for $1? But, there is a catch that comes with the purchase of this historic house in Bath.

·Portland, United States
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WMTW broke the news in Portland, United States on Thursday, August 6, 2026.
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