The famous treasure site island off the eastern coast of Nova Scotia is for sale, complete with flooded money pit, where treasure hunters have spent many treasures worth of fortunes trying to find something allegedly buried there in the 17th century. The treasure is believed to lie deep underground beneath multiple layers of oak planking, and to have been booby-trapped with a complex, and brilliantly engineered, system of tunnels designed to flood with seawater any recovery effort attempted by parties not privy to the secret. The first treasure-hunters to excavate on Oak Island found when they came back to work the following day that their diggings had flooded overnight to sea level. No one since has managed to close the money pit’s connection to the Atlantic Ocean, and therefore no one has managed to pump out the water and dig down to what is thought to be the level of the treasure.
Unsuccessful attempts to extract the treasure pit’s contents have gone on since its discovery in 1795, and participants have included Franklin Delano Roosevelt.
One of many web-sites detailing the legend and history of the Oak Island treasure pit.