This large family home is being given away – but there’s a catch

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GREENSBORO, N.C. -- As you drive down Lake Jeanette Road in Greensboro, North Carolina, there's a bright red and white sign that's getting a lot of attention.

"One person walked by and asked, 'They got to be kidding?' A free house," said neighbor Bob Cavanaugh. He says people are always stopping and asking him if the sign is real.

The sign is planted in the front yard of one of the original homes built on Lake Jeanette Road.

"I asked my sign guy to give me a down and dirty, easy to read sign," developer Bill Yearns told WGHP.

But the deal isn't quite as clear-cut as the sign.

The house is free for whomever will pay the moving costs, fees, permits and utility cost associated with moving the structure off the plot of land where it currently sits. Yearns' company, Granville Homes, is ready to begin building 28 luxury town homes off of Lake Jeanette Road, so the 60-year-old home needs to go.

"It cost money to demo this house. Plus it has some sentimental value to the owners. If it can be preserved, someone to use it as a rental or a place to live," says Yearns.

The home means a lot of Bonnie Kuester. She moved into the Lake Jeanette Road home when she was just a toddler. She hates to see her childhood home be moved from its wooded location. But she is pleased that future families will be able to explore the woods Granville Homes will preserve.

"We would hope that families living on this property will have the same experience and children will learn to enjoy the outside,” she said.

Granville Homes hopes the Lake Jeanette Road house can be moved soon. More information about the house is available at (336) 442-1021.