A quaint and lovely house, in mint condition - can it really be on the market for a penny?
It's a dream home just outside Phoenix, Arizona, with an estimated value of $125,000 and sure enough, it's being auctioned off for one penny.
You can bid for the house online at the website, ibidforacent.com, but each bid will cost you 60 cents.
The bidding can only increase a penny at a time and real estate investor, Todd Talbot is betting that if enough people bid, he'll wind up with a tidy profit.
"I make money off people bidding. People have to take a chance and risk bidding, and paying to bid, but may be getting the bargain of a lifetime," said Talbot