NAREB News February 2012

Page 1

NANTUCKET

PROPERTY NEWS Vol. 3 No. 13

A publication of the Nantucket Association of Real Estate Brokers

February 2012

THE OF

SHRINKING INVENTORY

NANTUCKET’S DEVELOPABLE LAND

COMPREHENSIVE

LAND USE MAP PAGE 10

COURTESY

OF

DENBY REAL ESTATE

Since 1987, the island’s developable land has dwindled from 53 percent to 8 percent, while land held in conservation has nearly doubled to 60 percent. BY

PETER B. BRACE

PROPERTY NEWS WRITER recent Land Trust/Sconset Trust purchase are exceedingly scarce. “There are a handful of maybe three or four large parcels that are close to the 100-acre size that are still available,” said Land Bank Executive Director Eric Savetsky. “All are presumably developable. They’re not wetlands, so they would be able to be developed into developments and be private. There are some smaller parcels in high-density areas, but the remaining large parcels are in the two- to three-acre zone.” A study done by the Planning Department in 2010 revealed approximately 8,000 houses on the island with 1,200 secondary dwellings, and the potential for 7,000 more houses and 8,000 secondary dwellings. “What you’re seeing is redevelopment pressure on existing developed land, and it’s either through tear-

INSIDE

L

ast month, the Land Bank and the ’Sconset Trust collaborated to purchase one of the last large pieces of developable land left on Nantucket. The 119.4-acre spread was recently on the market for $26.5 million. The purchase serves an invaluable purpose: It protects a huge piece of the island’s east end at a time when developable land is at a premium. According to 2010 data, just 7.8 percent of Nantucket’s land area remains vacant and open to development. That’s down from 53 percent in 1987. A big chunk of that went to conservation, which grew from 34 percent to 60.8 percent. Also of note is the fact that since 1997 the percentage of developed land has remained steady, while the percentage of conservation land has swelled from 40 percent to over 60 percent. (see graphic). On a 30,592-acre island, 7.8 percent computes to about 2,400 acres. Tracts of a size similar to the

CONVERSATIONS Flint Ranney talks about life after real estate.

Page 3

downs or increased density on existing parcels,” said Andrew Vorce, the island’s planning director. “I think you’re seeing some of that around Cliff Road where people are going toward minimum lot sizes. I think there are a few vacant parcels, and the largest will end up going toward open space, [and] I think that there’s some areas where additional density and activity in the mid-island should be encouraged.” What Vorce and his planning staff are doing to Nantucket’s zoning districts is essentially changing their densities and allowable uses to match evolutionary changes within these zones by their inhabitants. One successful example is the replacement of the residential-commercial zones with zoning that fits how uses within these areas have changed over time. The more residential neighborhoods were rezoned residential only, and vice versa for predominantly commercial neighborhoods. Land Use, continued on page 13

PROPERTY TRANSFERS

PROPERTY CLASSIFIEDS

January proves to be a relatively active month.

What’s for sale? What’s for rent?

Page 14

Page 19


PROPERTY NEWS

FEATURES 1

Land Use on Nantucket news report

3

Conversations with Flint Ranney

6

LINK Nantucket The only comprehensive list of properties for sale on Nantucket

A Publication of the Nantucket Association of Real Estate Brokers President Ken Beaugrand

Vice President Cynthia Lenhart

Past President Bill Liddle

Secretary Dalton Frazier

Treasurer Bernie Coffin

Members at Large Kenneth Lindsay & David Boyce

14

Property Transactions

16

Mortgage Rates & Trends

19

Property Classifieds

Editor Don Costanzo

ADVERTISER INDEX

Contributors Rob Benchley Peter B. Brace Chris Edmonds Mary Lancaster

4

Atlantic East Nantucket Real Estate

16 Linda Bellevue 17 Compass Rose Real Estate

Distribution Ken Turgeon Nantucket Property News is published every other week by the Nantucket Association of Real Estate Brokers and is distributed free on Nantucket. All content of this newspaper, including without limitation the design, advertisements, art, photos and editorial content is Copyright “C” 2012, NAREB. No portion of this newspaper may be copied or reprinted without the express written permission of the publisher. Nantucket Property News is a registered trademark of NAREB, PO Box 335, Nantucket, MA 02554.

7

Craig Hawkins

8

Great Point Properties

20 Maury People/ Sotheby’s International

15 Coffin Real Estate 16

J Pepper Frazier Co.

For advertising, editorial or other inquiries contact:

Editor Don Costanzo at don@costanzo.com

www.nareb-online.com

C O N T E N T S

NANTUCKET

NAREB DIRECTORY Atlantic East Nantucket Real Estate 508-228-7707 5 N. Water St Nantucket, MA 02554 office@nantucketrealestate.com www.nantucketrealestate.com

Compass Rose Real Estate 508-325-5500 137A Orange St PO Box 935 Nantucket, MA 02554 compass@compassroserealestate.com www.compassroserealestate.com

Great Point Properties 508-228-0890 1 North Beach St Nantucket, MA 02554 info@greatpointproperties.com www.greatpointproperties.com

LandVest 508-325-5090 Anchor Village 37 Old South Rd #5 Nantucket, Ma 02554 jdresser@landvest.com www.landvest.com

Grey Lady Properties Bamber Real Estate 508-228-1416 159 Orange St Nantucket, MA 02554 bamberre@nantucket.net www.bamberrealestate.com

Congdon & Coleman Real Estate 508-325-5000 57 Main St PO Box 1199 Nantucket, MA 02554 office@congdonandcoleman.com www.congdonandcoleman.com

508-257-0064 5 Chuck Hollow Road PO Box #2668 Nantucket, MA 02584 red@greyladyproperties.com mike@greyladyproperties.com www.greyladyproperties.com

Bennett Witte Real Estate 508-269-3309 PO Box 1176 Nantucket, MA 02554 sbwitte@comcast.net

Beacon Real Estate 19 Old South Road Nantucket, MA 02554 508-257-1659 stephen@beaconnantucket.com www.BeaconNantucket.com

Boyce Realty 508-257-6962 PO Box 453 Siasconset, MA 02564 dboyce@nantucket.net www.boycerealtynantucket.com

Chatfield-Taylor Real Estate 508-228-5828 91 Washington St Ext. PO Box 1881 Nantucket, MA 02554 moncurect@chatfield-taylor.com www.chatfield-taylor.com

Coffin Real Estate 508-228-1138 40 Centre St Nantucket, MA 02554 office@coffinrealestate.com www.coffinrealestate.com

2 •

Nantucket Property News

Cooper Shepherd Associates 508-228-5668 Zero Main St Nantucket, MA 02554 info@coopershepherd.com www.coopershepherd.com

Country Village Real Estate 508-228-8840 10 Straight Wharf Nantucket, MA 02554 nantucket@countryvillagere.com www.countryvillagere.com

Island Properties 508-228-6999 35A Old South Road Nantucket, MA 02554 office@islandpropertiesre.com www.islandpropertiesre.com

Islandwide Realty 508-228-6396 PO Box 987 Nantucket, MA 02554 kenneth.lindsay@comcast.net

508-228-5066 44 Madaket Road PO Box 1109 Nantucket, MA 02554 caroleanddavid@earthlink.net

508-228-3202 19 Centre St Nantucket, MA 02554 office@jpfco.com www.jpfco.com

Jordan William Raveis Real Estate Denby Real Estate 508-228-2522 The Gallery @ 5 N. Water St Nantucket, MA 02554 admin@denby.com www.denby.com

Vaughan Machado Lee Real Estate 508-325-5800 58 Main St Nantucket, MA 02554 office@leerealestate.com www.leerealestate.com

Maury People Sotheby’s International Realty 508-228-1881 37 Main St Nantucket, MA 02554 info@maurypeople.com www.maurypeople.com

Osprey Real Estate 508-228-7890 PO Box 955 Nantucket, MA 02554 ospreyrealestate@comcast.net

508-228-4449 8 Federal St Nantucket, MA 02554 info@jordanre.com www.jordanre.com

Preferred Properties 508-228-2320 76 Easton St Nantucket, MA 02554 brokers@preferredpropertiesre.com www.preferredpropertiesre.com

508-257-9698 27 Stone Post Way PO Box 790 Siasconset, MA 02564 ndelker@comcast.net www.edithdelkerrealestate.com

February 2012

Real Estate 508-228-5062 5 Sesapana Road PO Box 1095 Nantucket, MA 02554 vaughanmachado@comcast.net

Welch & Associates Inc. RG 508-228-7777 7 Nashaquisset Lane Nantucket, MA 02554 steph@welch-associates.com

Westbrook Real Estate 508-257-6206 PO Box 262 Siasconset, MA 02564 office@westbrookrealestate.com www.westbrookrealestate.com

508-228-0976 10 Easy St PO Box 1166 Nantucket, MA 02554 www.killenrealestate.com

508-228-9117 12 Oak St Nantucket, MA 02554 info@windwalkerrealestate.com www.windwalkerrealestate.com

Pro Buyer Associates 508-228-7500 77 Sparks Ave Nantucket, MA 02554 royflanders@gmail.com www.probuyer.com

Killen Real Estate Edith Delker Real Estate

508-228-7719 22 Golfview Drive PO Box 19 Nantucket, MA 02554 www.tearosenantucket.com

Windwalker Real Estate J Pepper Frazier Co.

David Webster & Associates

Tea Rose Realty

‘Sconset Real Estate 508-257-6355 Post Office Square PO Box 122 Siasconset, MA 02564 www.coffinrealestate.com

Massachusetts has a mandatory licensee-consumer relationship disclosure that will be provided to you, the consumer, by the real estate agent that you choose to work with. Please make sure to complete this form with your broker, so that agency is disclosed.


CONVERSATIONS

ROB BENCHLEY

PHOTO

Flint Ranney, at home in late January, in front of a painting of his kids by the late Mary Sarg Murphy (Daughter of Tony Sarg).The children are, from left,William, Kate, Rob, Libby and Jamie.

Flint Ranney S

ince we were just talking informally at the table in his bright Monomoy kitchen, there was no call for Flint Ranney to sport one of his signature bow ties. Relaxed as he was, however, Flint managed to add a bit of zippy playfulness to his outfit with his outrageously flashy scarlet socks. Relaxed is sort of the operative word these days for Flint, who late last year retired his license as a long-time real estate broker and simultaneously stepped down from the Nantucket Association of Real Estate Brokers after turning his business over to daughter Kate and son Rob. “It was time,” he said. “Thirty-two years was enough, and it’s changed. The people are different, the buyers are different. When we first got here in 1977 there were about 3,500 residents and 3,500 houses. Now there are 10,000 houses and 10,000 residents.” In 1978, Flint and his wife Corky bought their home from Dick and Barbara Denby, who invited the two to work for them. The following year Flint purchased Denby Real Estate and the Denbys stayed on five more years. Flint said he kept the same name of the business out of respect for the established reputation the Denbys had built. “It’s bad luck to change names,” he said. “People

$8,875,000 Town Main Street 8/9.5 Maury People/ Sotheby’s

$2,689,000 Town Candle House Lane 5/5+ Maury People/ Sotheby’s

BY

MARY LANCASTER

PROPERTY NEWS WRITER would call for them. I didn’t know if anyone would call for the Ranneys.” Flint dove into his new career in earnest, studying how to prepare in-depth appraisals. Along the way he discovered that to do that required a comprehensive record of all property sales, which led him to develop a file system in a database that began with sales from 1980. By 1990 he had created the Nantucket Listing Service that allowed all the brokerages to share consolidated market information. In 1994, Kate came on board as a broker with her dad and Rob joined the company in 1996 and became an appraiser. By 2007, Kate had formulated an internet rental program, and Flint, who was slowly phasing out of the business, predicted the market was going to drop from a period of what he considered unsustainable, unrealistic high property prices. In his tenure as a broker, Flint has seen many economic cycles, some long, some short. He views the present as reflecting one of the worst in his memory with the average home sales tags down roughly 25 percent in the last year, though he believes that situation

will improve. At the same time, he also speculates that the market is at the beginning of another significant cycle with younger wealthy people becoming the new buyers as occurred in the 1930s. Further, Flint is troubled by what he considers a trend toward government intrusion on the free market in the form of regulations, such as potentially required home sprinkler systems in new construction that will drive prices up. Though Flint sees these analyses noteworthy and fascinating, they no longer affect him as in years past. He has plenty of other activities and interests to keep him busy, such as five children — Kate, Rob, Libby, Jamie and Will, with their 11 offspring and another due in a few months. He also loves to read and go shopping with Corky, has been a member of the Steamship Authority board since 2004, currently vice-chairman, serves on the Nantucket Energy Study Committee and Assessor’s Advisory Committee, is a Rotarian, plus he spends about two hours a day working as editor and writer of the “Great Class of 1956” Dartmouth alumni newsletter. “And, I’m learning how to bake bread,” he said with NPN a proud grin.

L I N K Nantucket

$2,395,000 Town Copper Lane 4/4.5 Maury People/ Sotheby’s

Top New Listings January 2012 $2,575,000 Polpis Polpis Road 5/4+ Grey Lady Properties

$2,395,000 Surfside Okorwaw Avenue 5/3.5 Atlantic East Nantucket Real Estate February 2012 •

Nantucket Property News

3


5 North Water Street, Nantucket, Massachusetts 02554

Penny Dey, GRI, ABRM

Heidi Drew, ABR, RSPS

Ken Beaugrand

Curtis Barnes

Yvonne Breslin

Peter DuPont

Ginger Ivey

Mary Malavase, ABR, RSPS, TRC

Jane Miller, ABR, RSPS

Erikka Perkins

Meg Ruley, ABR, RSPS

Lisa Sherburne, ABR, RSPS

Melinda Vallett

Christine George Whelden

Soo Woodley

ph: (508) 228–7707 / (508) 228–2530

www.NantucketRealEstate.com

“Rosemoor” the Essence of Sconset…

Blocks to Main Street

A gracious & sunny summer home thoughtfully renovated, keeping the original character and Sconset charm. Rosemoor offers many modern luxuries, high end finishes and fabulous details. Five spacious bedrooms with private baths,many living spaces,great outdoor living & a large yard.

Pristine three bedroom Greek Revival in town with updated kitchen and baths. Enclosed yard and free-standing garage with previous approval for second dwelling.

$3,695,000 Listing Broker: Heidi Drew, ABR, RSPS

$1,295,000 Listing Broker: Heidi Drew, ABR, RSPS

Cranberry Cottage

A Nantucket Home

Historic ‘Cranberry Cottage’ is ideal. Open and airy with four bedrooms and two baths, it is set back from Baxter Road on a huge, nicely landscaped lot. On the edge of ‘Sconset village, this classic was updated in 1999 and features cathedral ceilings, large windows, French doors.

Tastefully renovated in 1999, this early 1800’s home is located in the Historic District of Nantucket Town and offers plenty of living space inside and out. Four bedrooms & three baths with a sizable yard and off street parking. Expansion potential.

$1,775,000 Listing Broker: Jane Miller, ABR, RSPS

$1,425,000 Listing Broker: Heidi Drew, ABR, RSPS

Almost in Town

An Abundance of Space…

This spacious single story home features 3 bedrooms with a welcoming open floor plan. A desirable location with a sizable yard and attached garage.

Inside and out on this spacious 1.8 acre parcel with a roomy, 3 bedroom, 2 1/2 bathroom home.Air conditioned and expansion potential in the attic or basement.

$795,000

$749,000

Listing Broker: Ken Beaugrand

Listing Broker: Ken Beaugrand

More for Your Money

Nantucket Salt

Curb Appeal and More!

Four bedroom, 2 bath home and a two car garage with a two bedroom, one bath apartment above. Located on a quiet, dead end street central to everything the island has to offer.

Located in Polpis, this lovely saltbox style home offers three bedrooms and one and a half bathrooms. Over a half acre of land with a four bedroom septic and expansion potential. Exclusive.

$595,000

$725,000 Listing Broker: Jane Miller, ABR, RSPS

A well-built and maintained, 3 bedroom, 2 1/2 bathroom home with a finished basement, garage, generator and an oversized lot. Many possibilities with the RC2 zoning. Owner will sell the property with a “no subdivision restriction” for $549,000 or $649,000 as-is without the restriction.

Listing Broker: Erikka Perkins

Listing Broker: Heidi Drew, ABR, RSPS

www.NantucketRealEstate.com Visit our Web site to view all the island listings and our extensive rental portfolio


5 North Water Street, Nantucket, Massachusetts 02554

Penny Dey, GRI, ABRM

Heidi Drew, ABR, RSPS

Ken Beaugrand

Curtis Barnes

Yvonne Breslin

Peter DuPont

Ginger Ivey

Mary Malavase, ABR, RSPS, TRC

Jane Miller, ABR, RSPS

Erikka Perkins

Meg Ruley, ABR, RSPS

Lisa Sherburne, ABR, RSPS

Melinda Vallett

Christine George Whelden

Soo Woodley

ph: (508) 228–7707 / (508) 228–2530

www.NantucketRealEstate.com

Sconset Charmer

Notable Whaling Era Home

An open and airy, five bedroom, three bathroom home located steps from the center of the village and the beach. This turn-key property boasts two fireplaces, an open floor plan, two outdoor decks and room for expansion. A must-see. Exclusive.

Located in the historic district and built in 1806 by Clovis Black, a ship’s carpenter. Recent updates include a new kitchen, bathrooms, AC and furnace. Generous rooms, hedged yard and 3 off street parking spots.

$2,995,000 Listing Broker: Jane Miller, ABR, RSPS

$2,450,000 Listing Broker: Ken Beaugrand

Oceanfront Living

Points of View

This wonderful property is the best waterfront value on the market! 2+ acres of land with 200’ of oceanfront beach in one of the best surfing and fishing areas on the island. Keep it simple, as is, or build your own perfect beach house on this ideal spot on the south shore.

Bright and spacious upside-down home offers gracious summer living with views of Long Pond and Madaket Harbor. Two living areas, four bedrooms, three full baths and large south facing deck complete this well-maintained home. Move right in!

$1,599,300 Listing Broker: Jane Miller, ABR, RSPS

$1,389,000 Listing Broker: Penny Dey, GRI, ABRM

Vintage Nantucket 1850s home located on a large corner lot. The property has been owned by the same family for over 100 years. Right in the heart of the island, the property is located across the street from the historic African Meeting House and just around the corner from the Old Mill.

649,000 Listing Broker: Ken Beaugrand

Everything You Ask For

On the Way to Cisco…

4 bedrooms,3 baths, 2 fireplaces, open floor plan, stylish kitchen, extraordinary outdoor living space, full basement & a covered porch. Over a half acre of land with room to expand.

An ideal location for summer or year round living. This custom-built, Cape style home offers 3 bedrooms, 2 baths, an inviting living area with cathedral ceiling & fireplace and an attached garage. Almost an acre of land.

$998,000 Listing Broker: Heidi Drew, ABR, RSPS

$995,000 Listing Broker: Ken Beaugrand

Sconset Land Over a quarter of an acre with town water & sewer available. Located off Clifton Street. Please call for more details.

$525,000 Listing Brokers: Ken Beaugrand & Curtis Barnes

Tom Nevers Land A one acre lot (located in LUG 3 zoning) in Tom Nevers! A great opportunity to build a new home on Nantucket Island. Potential for distant second floor water views.

$450,000

Cliff In the same family for three generations, this solid bungalow style home with detached garage is in an excellent location at the west side of town close to north shore beaches. Offers a variety of expansion options.

Over 13 Acres Of unspoiled land with panoramic 2nd floor views of Nantucket Sound. Abuts Conservation land. Potential for subdivision. Peaceful location near the north shore. Please call for details.

Listing Broker: Ken Beaugrand

$795,000 Listing Broker: Penny Dey, GRI, ABRM

www.NantucketRealEstate.com Visit our Web site to view all the island listings and our extensive rental portfolio


L I N K Properties for Sale on Nantucket Area Price

Area Street

Bed/ Bath

Lot Size

Type

Listing Office

Stone Barn Way

$1,395,000 North Beach St

2/1.5 3/2

0.12 0.14

SF SF

4/3.5

MAUR

$1,745,000 Millbrook Rd

0/0

ISLP

$2,200,000 Hummock Pond 6/5.5

$1,495,000 Willard St

2/2.5

0.05

SF

BAMB

$1,550,000 Dolphin Court

0/0

0.14

Land

FRAZ

$1,975,000 North Beach St

4/4.5

0.15

SF

GLDY

$2,295,000 North Beach St

4/4.5

0.21

SF

CSAA

$2,595,000 East Lincoln Ave 4/3

0.10

SF

$2,595,000 Stone Barn

0.00

Condo MAUR

$2,895,000 Dolphin Court $2,995,000 Walsh St

2/4 5/5.5

0.13

SF

WWRE FRAZ

4/3.5

0.12

SF

ISLP

$3,245,000 East Lincoln Ave 4/4.5

0.12

SF

MAUR

$3,850,000 North Beach St

5/3.5

0.40

SF

JORD

$4,495,000 Brant Point Rd

5/4.5

0.63

SF

MAUR

$15,750,000 Hulbert Ave

5/6

0.25

SF

MAUR

Cisco $1,495,000 Moby Way

4/2

0.58

SF

ISLP

$1,595,000 Austin Farm Dr

6/4

0.93

SF

MAUR

$1,625,000 Aurora Way

4/3.5

0.00

SF

FRAZ

$1,700,000 Moby Way

4/2

0.50

SF

CSAA

$1,799,000 Deer Run Rd

3/3.5

1.85

SF

FRAZ

$2,069,000 Nanahumacke Ln 4/3.5

0.29

SF

JORD

$3,475,000 Osprey Way

0.42

SF

MAUR

3/3.5

Street

$1,395,000 Aurora Way

Brant Point $995,000

Price

Area Bed/ Bath

Cliff

Lot Size

0.12

Type

Listing Office

Price

Street

SF

FRAZ

$495,000

Perry Ln

0/0

0.23

Land

KILL

Land

ISLP

$495,000

Newtown Rd

2/1

0.18

SF

GTPT

COMP

$495,000

Essex Rd

6/5

0.12

MF

MAUR

$525,000

Amelia Dr

0/0.5

0.00

Com

GTPT

Madaket $324,000

Arkansas Ave

2/2

0.05

SF

GTPT

$449,000

Arkansas Ave

3/2.5

0.07

SF

COFF

$565,000

Arkansas Ave

3/2

0.83

SF

MAUR

$625,000

Madaket Rd

3/2

0.09

SF

ISLP

$825,000

Ridge Ln

3/2

0.23

SF

CVIL

$865,000

C St

1/1

0.37

SF

WWRE

$895,000

Head of Plains Rd 0/0

1.84

Land

CONG

$995,000

Washington Ave 3/2

0.23

SF

CSAA

$995,000

Sheep Pond Rd

3/2

0.91

SF

MAUR

$1,150,000 Head of Plains Rd 0/0

2.59

Land

CONG

$1,295,000 Madaket Rd

3/3.5

0.51

SF

KILL

$1,389,000 Long Pond Dr

4/3.5

0.93

SF

AERE

$1,495,000 Sheep Pond Rd

0/0

4.50

Land

CONG

$1,650,000 Ames Ave

3/1.5

0.35

SF

WWRE

$1,650,000 Ames Ave

3/1.5

0.35

SF

FRAZ

$1,895,000 Long Pond Dr

4/4

1.39

SF

MAUR

$1,965,000 Sheep Pond Rd

6/5

2.22

SF

MAUR

$2,150,000 H St

4/3.5

0.41

SF

JORD

$3,285,000 F St

5/4.5

1.02

SF

WWRE

$540,000

Teasdale Circle

2/3.5

0.00

Condo WWRE

$545,000

Alexandia Dr

3/2

0.24

SF

Yompasham Ln

4/2.5

0.00

Condo FRAZ

$559,000

Macys Ln

3/2

0.17

SF

GTPT

$579,000

Hooper Farm Rd 2/2

0.25

SF

CONG

$579,000

Macy Ln

2/2

0.00

Com

JORD

$595,000

Freedom Square

0/1

0.00

Com

GTPT

$629,000

Anna Dr

4/3

0.35

MF

FRAZ

$650,000

Appleton Rd

3/2

0.23

SF

KILL

$675,000

Enterprise Circle 3/2.5

0.46

SF

COFF

$675,000

Enterprise Circle 3/2.5

0.46

SF

GTPT

$679,000

Waydale Rd

5/4

0.28

SF

JORD

$695,000

Surfside Dr

6/4

0.23

SF

COFF

$695,000

Friendship Ln

4/3

0.47

SF

JORD

$697,000

Friendship Ln

6/3

0.49

MF

ISLP

$739,000

Surfside Rd

4/3

0.46

MF

JORD

$795,000

Bartlett Rd

1/1

0.70

SF

KILL

$795,000

U Tawpawshaw

0/0

0.37

Land

CONG

$795,000

Clara Dr

4/2

0.41

SF

FRAZ

$799,000

Thurstons Way

4/3.5

0.34

SF

MAUR

$799,000

Youngs Way

4/4.5

0.29

SF

JORD

Madequecham

$825,000

Wampanoag Way 0/1

0.22

Com

WWRE

$850,000

Cato Ln

0.23

MF

BAMB CSAA

Condo JORD

$795,000

Derrymore Rd

2/1

0.09

SF

AERE

$910,000

Delny Rd

0/0

0.14

Land

MAUR

$998,000

Cliff Rd

2/2.5

0.00

Condo CSAA

$1,475,000 Cliff Rd

0/0

1.84

Land

ISLP

$1,495,000 Westmoor Ln

2/2

0.22

SF

FRAZ

$1,799,000 Pilgrim Rd

4/4

0.46

SF

GTPT

$1,895,000 Cliff Rd

4/2

0.39

SF

FRAZ

$2,095,000 Cliff Rd

5/4.5

0.09

SF

JLEE

$2,350,000 Hamblin Rd

5/3.5

0.27

SF

CONG

Miacomet

$2,475,000 Cliff Rd

4/3

0.46

SF

MAUR

$399,999

Miacomet Ave

3/2

0.11

SF

COFF

$1,249,000 Fairgrounds Rd

$2,495,000 Cliff Rd

4/3.5

0.40

SF

ISLP

$511,000

Somerset Rd

0/0

0.45

Land

BAMB

$2,735,000 Cliff Rd

4/5

0.27

SF

WWRE

$519,999

Miacomet Ave

3/1

0.16

SF

$3,095,000 Maxey Pond Rd

4/3.5

2.49

SF

GTPT

$595,000

Miacomet Ave

3/2.5

0.19

SF

$3,695,000 Cliff Rd

5/4

1.22

SF

JORD

$695,000

$4,200,000 Madaket Rd

5/7

2.84

SF

JORD

$795,000

Swayzes Dr

0/0

0.60

$4,495,000 Hinckley Ln

5/5.5

0.34

SF

WWRE

$919,998

Miacomet Ave

3/2

0.32

$4,995,000 Kite Hill Ln

6/6

0.29

SF

KILL

$999,000

Marble Way

4/2

0.17

Russell St

$1,000,000 Wigwam Rd $1,225,000 Wigwam Rd

0/0

0.58

Land

BAMB

$845,000

4/2.5

1.16

SF

CSAA

$850,000

Surfside Rd

5/2

0.23

MF

CONG

$875,000

Chins Way

2/2

0.13

Com

WWRE

Brinda Ln

3/5

0.36

SF

CONG GTPT

3/2.5

1.16

SF

$1,550,000 Mad. Valley Rd

4/3.5

1.38

SF

MAUR

$1,599,300 Mad. Rd

2/1.5

2.09

SF

AERE

$940,000

Amelia Dr

0/1

0.00

Com

Daffodil Ln

4/5.5

0.29

Co-Op FRAZ

$2,295,000 Mad. Valley Rd

4/2.5

0.69

SF

MAUR

$975,000

$2,575,000 Wigwam Rd

4/5

1.16

SF

CVIL

$975,000

Daffodil Ln

4/6

0.29

Co-Op JLEE

MAUR

$995,000

Perry Ln

4/3.5

0.23

Com

$998,000

Fairgrounds Rd

4/3

0.54

SF

AERE

$999,000

Wampanoag Way 11/4

0.23

MF

WWRE

6/5

0.48

MF

COFF

$1,249,000 Fairgrounds Rd

6/5

0.48

SF

CONG

COFF

$1,250,000 Cynthia Ln

7/4

0.15

SF

FRAZ

CONG

$1,325,000 Daffodil Ln

6/7

0.29

Co-Op FRAZ

MAUR

$1,325,000 Daffodil Ln

6/7

0.46

Co-Op JLEE

Land

MAUR

$1,695,000 Chins Way

3/3

0.37

Com

WWRE

SF

COFF

$1,795,000 Boynton Ln

4/3.5

0.32

SF

FRAZ

Com

COMP

$7,998,000 Arrowhead Dr

0/0

9.02

Land

CONG

$2,695,000 Mad. Valley Rd

Doc Ryder

3/3

0/0

1.17

0.61

SF

Land

5/4.5

0.14

SF

MAUR

$1,450,000 Pond View Dr

4/2.5

1.80

SF

GTPT

$5,995,000 Maxey Pond

7/9

2.81

SF

ISLP

$1,995,000 Miacomet Rd

3/2.5

1.80

SF

MAUR

$9,800,000 Cliff Rd

8/7

0.56

SF

JORD

SF

MAUR

SF

MAUR

Dionis

6/5

$895,000

$5,275,000 Cliff Rd

1.66

CONG

$550,000

0.00

7/10.5 0.79

Listing Office

SF

2/2

5/4.5

Type

3.45

Cliff Rd

$19,995,000 Sherburne Way

Lot Size

0.74

$719,000

$19,995,000 Lincoln Ave

Bed/ Bath

Mid Island

WWRE

Monomoy $449,000

Milestone Rd

2/2

0.00

Condo GTPT

$619,000

Condo GTPT

Milestone Rd

2/2

0.00

$1,950,000 Monomoy Rd

3/2

0.83

SF

CONG

$180,000

Old South Rd

0/1

0.00

Condo COFF

$2,795,000 Monomoy Rd

4/4.5

0.38

SF

ISLP

$199,000

Perry Ln

0/0

0.12

Land

WWRE

$2,875,000 Monomoy Rd

6/6.5

0.92

SF

MAUR

$1,095,000 Swift Rock Rd

2/2

1.00

SF

BAMB

$199,000

Bartlett Rd

0/0

0.14

Land

WWRE

$3,895,000 Monomoy Rd

5/4.5

0.15

SF

CONG

$1,395,000 Bishops Rise

0/0

1.90

Land

MAUR

$240,000

Backus Ln

0/0

0.33

Land

MAUR

$4,750,000 Monomoy Rd

4/2.5

1.84

SF

GTPT

$3,295,000 Lavender Ln

6/6.5

1.84

SF

FRAZ

$240,000

Backus Ln

0/0

0.26

Land

MAUR

$6,250,000 Brewster Rd

7/9

1.52

SF

MAUR

$5,750,000 Eel Point Rd

4/1

2.09

SF

JORD

$299,000

Bartlett Rd

0/0

0.23

Land

WWRE

$6,500,000 Salt Marsh Rd

6/7

5.06

SF

KILL

$5,950,000 Eel Point Rd

0/0

$14,995,000 Monomoy Rd

6/9

1.04

SF

MAUR

Autopscot Circle 3/3

0.00

Co-Op COFF

$345,000

Goldfinch Dr

2/1.5

0.12

Condo JORD

$350,000

Goldfinch Dr

0/0

0.11

Land

JORD CONG

5.09

Land

MAUR

$299,000

Cow Pond Ln

4/3

0.00

Condo JORD

$6,750,000 Dionis Beach Rd 5/6.5

1.84

SF

CONG

$325,000

Park Circle

3/1.5

0.00

Condo COFF

$9,500,000 Eel Point Rd

5/4

2.30

SF

JORD

$345,000

Essex Rd

3/1

0.00

Condo CSAA

$9,995,000 Eel Point Rd

0/0

13.46

Land

AERE

$392,000

Fairgrounds Rd

0/0

0.50

Land

BAMB

$720,000

$16,900,000 Eel Point Rd

9/9.5

6.94

SF

JORD

$399,000

Miacomet Rd

0/0

2.00

Land

MAUR

Naushop

$419,000

Nobska Way

2/1

0.12

SF

COMP

$419,000

Tashama Ln

0/0

0.35

Land

FRAZ

$425,000

Amelia Dr

0/0.5

0.00

Com

GTPT

$449,000

Backus Ln

3/2

0.26

SF

MAUR

$450,000

Friendship Ln

0/0

0.46

Land

GLDY

$475,000

Pine Grove Rd

3/2

0.23

SF

BWRE

$475,000

Sanford Rd

0/0.5

0.00

Com

GTPT

$495,000

Celtic Dr

3/4

0.21

SF

CHAT

Fisher’s Landing $930,000

West Way

6/4.5

0.26

SF

DENB

Hummock Pond $695,000

Aurora Way

0/0

0.15

Land

FRAZ

$875,000

Meadow View

2/2

0.46

SF

COFF

$995,000

Austin Farm Dr

3/2

0.92

SF

AERE

KEY TO LISTING OFFICES AERE . . . . . . . . .Atlantic East Nantucket Real Estate BAMB . . . . . . . .Bamber Real Estate BOYC . . . . . . . . .Boyce Realty BWRE . . . . . . . .Bennett Witte Real Estate BLUE . . . . . . . . .Bluewater Real Estate CHAT . . . . . . . .Chatfield Taylor COFF . . . . . . . . .Coffin Real Estate

KEY TO PROPERTY TYPE

6

Nantucket Property News

Nashaquisset

$400,000

Goldfinch Dr

0/0

0.12

Land

$449,000

Goldfinch Dr

2/2

0.00

Condo CONG

$450,000

Goldfinch Dr

0/0

0.15

Land

CONG

$450,000

Goldfinch Dr

0/0

0.14

Land

CONG

Continued on page 12

COMP . . . . . . . .Compass Rose Real Estate CONG . . . . . . . .Congdon & Coleman Real Estate CSAA . . . . . . . . .Cooper Shepherd Associates CVIL . . . . . . . . .Country Village Real Estate DELK . . . . . . . . .Delker Real Estate DENB . . . . . . . .Denby Real Estate FGHD . . . . . . . .Figurehead Realty FRAZ . . . . . . . . .J Pepper Frazier Company GTPT . . . . . . . . .Great Point Properties ISLP . . . . . . . . . .Island Properties

ISLW . . . . . . . . .Islandwide Realty JLEE . . . . . . . . . .Jeff Lee Real Estate JORD . . . . . . . . .Jordan William Raveis KILL . . . . . . . . . .Killen Real Estate LVST . . . . . . . . .Landvest MCDL . . . . . . . .McDonald Real Estate MACH . . . . . . . . .Vaughan Machado Real Estate MAUR . . . . . . . .The Maury People/Sotheby’s Intl. OSPR . . . . . . . . .Osprey Real Estate PREF . . . . . . . . .Preferred Properties

PROB . . . . . . . . .Pro Buyer Associates ROYA . . . . . . . . .Royal Colley SCST . . . . . . . . .Sconset Real Estate SEIT . . . . . . . . . .Seitz Real Estate TRSE . . . . . . . . .Tea Rose Realty WEBS . . . . . . . . .Webster Real Estate WEST . . . . . . . .Westbrook Real Estate WWRE . . . . . . .Windwalker Real Estate WLCH . . . . . . . .Welch & Associates Inc. Realty Group

SF . . . . . . . . . . . .Single Family MF . . . . . . . . . . .Multi Family

Land . . . . . . . . . .Land Condo . . . . . . . . .Condo

Com . . . . . . . . . .Commercial Co-op . . . . . . . . .Co-op

• February 2012


Craig Hawkins Broker 37 Main Street, Nantucket Island, MA 02554 BRANT POINT

Wonderful, turn of the century, five bedroom waterfront home that has been tastefully restored and enlarged over the years, and always updated and beautifully maintained. An oversized lot with beach, boat moorings in front and uncompromising 180° views of the channel into Nantucket Harbor, the jetties, and the Sound. $15,750,000

Phone: 508-228-1881 ext. 119

W NETING LIS

TOWN

Unique opportunity for a buyer to choose all finishes... trim, tile, kitchen, granite, appliances and have everything they desire. $2,689,000

POLPIS

One of the finer compounds on Nantucket, this six acre property offers remarkable architecture, design and quality. The house sits on the top of a hill overlooking an expansive, manicured lawn, moors, conservation and harbor in the distance. Includes a barn, children’s play area, pool and spa, tennis court, koi pond, gardens, apple orchard and stream. $9,850,000

TOWN

Beautifully restored in-town antique on an oversized, corner lot. Large garage and yard. $3,875,000

WAUWINET

Beautiful custom home with detached cottage/studio. Magnificent piece of property. $1,975,000

TOWN

The George C. Gardner House is one of the premier properties in the town of Nantucket with over a half acre of magnificent gardens and landscaping. The main house was completely restored in 2005 maintaining its historical integrity and original moldings, finishes, ornamental trim, replacing plumbing, electrical and new systems throughout. $8,875,000

W NETING LIS

SHAWKEMO

MONOMOY

Stunning Monomoy compound with outstanding views of Nantucket Sound, Brant Point Light and Coatue. $6,250,000

SHAWKEMO

The quality and finish work throughout this property is exceptional and absolutely must be seen to be appreciated. This incredible main dwelling offers several living areas and views out over abutting conservation land. The first floor has a large family room with French doors opening onto the patio, pool, yard and studio/pool house. $10,800,000

craig@maurypeople.com

New, extraordinarily well finished home with magnificent views of Nantucket Harbor, town, Coatue and inlet from almost every room as well as pool, patio and porch. Beautiful, custom paneling and moldings throughout and every square foot is done in the best possible quality and taste. $7,900,000

CLIFF

WAUWINET

Footsteps to the ocean and the Nantucket Harbor. A brief walk to a world class restaurant and spa. $9,995,000

CISCO

Well-designed, spacious home with views of Hummock Pond and a short walk to beach. A/C.Room for pool. $3,475,000

Beautifully restored 1747 antique home on desirable Cliff Road, just a five minute walk into town. Many original features intact including four fireplaces, wide pine flooring, moldings and raised paneling. Spacious common areas and living spaces. Kitchen and baths totally remodeled. Magnificent, private yard and gardens, and covered dining patio. $5,275,000

MONOMOY

Very large, family home with views of the creeks,Town and distant harbor. Excellent floor plan for entertaining and large groups. $2,875,000

TOWN

Nicely renovated antique with exceptionally large back yard and off street parking, 5 or 6 bedrooms. $3,875,000

LAND LISTINGS DIONIS

5+ acres with views and 460’ feet of frontage on Eel Point. Existing three bedroom cottage on the highest point with views out over dunes and Nantucket Sound. Create your summer dream house! Potential for subdivision; two acre zoning. $5,950,000

QUIDNET

Oversized, elevated parcel, 3.6 acres in size, with distant views of the Atlantic, Sesachacha Pond and Sankaty Light. One of the highest elevations in the Quidnet/Squam area, offering privacy, views and sunsets over conservation land. $3,495,000

MADEQUECHAM

Over an acre of oceanfront property with 150’ of ocean frontage, sunsets and wonderful beach. $2,695,000

TOWN

Beautiful 4 BR home in the Old Historic District on one of the most sought after streets. $2,975,000

WAUWINET

Beautiful custom home. Fantastic quality throughout with beautiful paneling and moldings, fixtures and hardware. $2,795,000

CLIFF

Wonderful Cliff /Town location to create a nice family compound with house, guest house, garage, pool, etc... Sub dividable ANR lot. $2,475,000

WAUWINET

Build your dream home on this outstanding, elevated, 3+ acre lot in Wauwinet, offering terrific views of the Harbor and Nantucket town in the distance. $1,900,000

TOWN

Oversized lot, more than double required by zoning, 100 feet off of West Chester Street. Only six houses on this quiet, gravel lane, an easy walk or bike to the center of town, Steps Beach and the Westmoor Club. $1,250,000

TOWN

Early 1800s antique home originally built in Vermont, disassembled and re-constructed on Nantucket in 1987. $2,475,000

TOM NEVERS

Very nice ocean views from this three bedroom/two and a half bath upside down house across the street from the bluff $1,495,000

TOWN

Beautifully executed renovation and addition of a 1930s bungalow design. One block from the top of Main Street. $1,295,000

TOWN

Beautiful lot in a wonderfully quiet and private location in the historic district. 50% ground cover allowable. Conservation Land and open space very close to lot. $1,250,000

SURFSIDE

Private, oversized (three acres in two acre zoning), nicely wooded ot in desirable area. Plenty of ground cover to create family compound, main house and second dwelling as well as pool and tennis court. $945,000

CLIFF

Wonderful Cliff /Town location. Recent ANR Sub-Division. $910,000

MIACOMET

Two story beach house on two beautiful acres across from Miacomet Pond. Views of pond, ocean and conservation land. $1,995,000

TOWN

Large, totally restored barn. 5 bedrooms, 5 1/2 baths, three finished floors, custom kitchen. $2,450,000

MADAKET

Wonderful family compound with two, three bedroom homes with good separation between the two. $1,965,000

®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates,Inc.An Equal Opportunity Company.Equal Housing Opportunity.Each Office Is Independently Owned And Operated,Except Offices Owned And Operated By NRT Incorporated.


R E N TA L S

SALES

Spacious & Private off Cliff Situated on 2.5 acres only a short distance from Town and calm water North Shore beaches, this four bedroom home offers an open and inviting floor plan that spills out onto wraparound decks that overlook the expansive lawns. Ample room for pool, tennis court, expansion of the main house or a guesthouse.

$3,095,000

Moments to Upper Main

Stylish In-Town Home

Mid-Island

This recently renovated home has a wonderful charm and is smartly updated with new kitchen, bath and appointments. The private back patio is surrounded by gardens adding to the serenity. Improvements include new roof, flooring, cabinetry, appliances, lighting fixtures, heating system, washer/dryer, deck expansion, irrigation system, shell drive and walkway, outdoor shower, and interior/exterior painting.

Crisp and well maintained two bedroom ranch style home featuring a sunfilled living room with a wood burning fireplace, updated bathroom, attached one car garage and a a fenced in lawn. Recent improvements include new windows and new exterior shingles. This is a wonderful starter home and the local zoning allows room to expand.

Conveniently located across from the bike paths and only a mile from the core of downtown Nantucket, this five bedroom home was built by one of Nantucket's leading builders as their private residence. Cherry wood paneling and trim accent this home throughout. With approvals there is room for expansion, guest house or garage.

$698,000

$495,000

$1,245,000

Monomoy Village Charming two bedroom, two bathroom cottage. Perfect entry into the market for year round or summer living. Ideally located a half mile from Monomoy beach.

$449,000

Centre Street Inn Built in 1850, this fifteen room historic inn was once home to Peter Folger, a prominent Nantucket Whaling Merchant. This home is currently being run as a successful seasonal bed and breakfast, but could be converted into a private residence. Located on the corner of Lily Street and Center Street, this desirably located property has an incredible amount of potential.

$1,750,000 Edward Sanford Bill Liddle Greg Mckechnie

Uncompromising Beach Estate

Ocean Views in Miacomet

Truly, one of a kind! Amazing, new, Sam Hill custom-built estate with generous attention to quality, details and amenities. The outdoor living space features a glamorous, poolside setting featuring a well-equipped outdoor kitchen with a fireplace, hot tub and a sun shelf that spills into the pool. The site offers privacy, direct beach access and sweeping views over the dunes out to the Atlantic. The property is being offered FULLY furnished and equipped. $19,900,000

This ocean view four bedroom, two and a half bath home is located in a wonderful Miacomet neighborhood with easy access to Miacomet Pond and a path to the beach. The home is situated on 1.80 acres with lovely pastoral views of Land Bank property and Miacomet Beach.

Renovated Charm in Codfish Park

Heart of Town

A lovely rose-covered four bedroom home in Codfish Park! Detail and charm abound inside and out as the house has been wonderfully renovated and maintained. Only a stone's throw to the beach; this property is indeed special.

Stylish and recently updated condominium located in the heart of town off Old North Wharf. New improvements include refinished floors, new furnishings, a new kitchen, updated bathroom and fresh paint throughout.

$1,490,000

$685,000

$1,450,000

Debbie Deeley Culbertson Tracy Cullinane Liz Finlay Laura Fletcher Cam Gammill Julie Gasco

Dawn Holdgate Barbara Joyce Nina Hallowell Liddle Carl Lindvall Nichole Marks Amy Mart

www.g reatpointproper ties.com 508.228.2266 • 1 Nor t h Beach Street • N antucket, MA 02554

Sam Parsons Laura Raimo Stuart Reid Henry Sanford Amanda Tosch Phil Witte


R E N TA L S

SALES

‘Sconset In the heart of Siasconset Village; "Le Petitie Cottage" is a step back in time. Its many charms include close proximity to the market, post office, multiple restaurants and beautiful Codfish Park beach. This historic three bedroom home sits on an over sized fenced in lot with mature plantings, off-street parking and room for expansion.

$1,525,000

Westmoor Stable

Exceptional Detail & Style

Originally constructed as a post and beam stable for the Egan Estate, this structure awaits renovation into a home. There are approved 2006 plans by Milton Rowland for a 5 bedroom, 4 full bath, and 2 half bath home. There is an existing outbuilding that could be added to the main dwelling or converted into a garage or cottage. The R20 zoning allowing 7,350 square feet of total ground cover offers substantial room for expansion.

This lovely three bedroom home on an over-sized lot has room for expansion or a second dwelling. The rear deck and large, private backyard and garden offer wonderful outdoor areas for relaxing, dining and entertaining. The kitchen and both bathrooms were updated in 2008. This charming and comfortable home is very conveniently located.

$2,950,000

$449,000

At the Beach

Two recently renovated houses located directly across the street from Nantucket Land Bank property which has an access path leading down to the sandy shore of Fisherman's Beach. The fresh and furnished interior, as well as the immediate proximity to the beach, make these comfortable and convenientbeach houses. They boast over $100k in combined rental income for 2011 and there are two four-bedroom septic systems in place.

Spacious modern home and garage/apartment built-in 2005 on a lovely small street in the Old Historic District of Nantucket Town. The main house offers five bedrooms and five full baths, an open floor plan with a gourmet kitchen, dining and living areas. There is also a separate two car garage with a two bedroom, one bath apartment above. There is a large patio and a covered front porch for outdoor enjoyment.

$2,850,000

Gracious Home off Main St.

Pilgrim Road Sanctuary

Fabulous custom-built home. Private location at the end of a quiet street, right off Main Street. Exquisite cherry woodwork throughout. Viking and rare granite custom gourmet kitchen. Four antique brick fireplaces. Bathrooms with beautiful detailed tile work. Sunset views over the pastoral landscape toward the West. The property is an oversized lot with room for additional buildings and a pool. Fully furnished with a great rental history.

This property features a pastoral setting, southwestern exposure to view stunning sunsets and evening stars, a moments walk to Nantuckets' newest bicycle path and Westmoor Club, charming stroll to Steps Beach, and to Nantucket Town. Immaculate four bedroom house with open, light and bright living areas, and large easily accessible deck for sunning, relaxing, and dining.

$2,950,000

$1,799,000

$2,900,000

Stunning Cottage

In Town on Quiet Lane

Charming summer retreat or cozy year-round home, tucked away on Chatham Road in Monomoy. Soaring cathedral ceiling over living, dining, and kitchen area with woodstove. Ships ladder to fabulous loft space with built-in day bed and equipped with skylights, built-in bookcases and storage cabinets. Mature trees, bushes and hedges throughout yard area. Half mile to Monomoy Beach where you can enjoy the gorgeous harbor views towards Brant Point. $619,000

Wonderful property on a quiet in Town lane. A charming gambrel style house with an inviting covered porch on the front and a lovely arbor gate from the street. In addition there is a three bedroom secondary dwelling/apartment with a two car garage. Oversized lot with patio and grass areas, as well as ample parking. The property also has a great rental history.

Edward Sanford Bill Liddle Greg Mckechnie

In-Town on Copper

$2,250,000

Conveniently Located Commercial Property Highly visible first floor office space located within the mid-island hub of commercial activity. The property consists of two adjacent commercial units that are currently configured as a five room office with a reception area. Retail use is permitted and the ample square footage allows for many potential configurations.

Debbie Deeley Culbertson Tracy Cullinane Liz Finlay Laura Fletcher Cam Gammill Julie Gasco

$595,000

Dawn Holdgate Barbara Joyce Nina Hallowell Liddle Carl Lindvall Nichole Marks Amy Mart

www.g reatpointproper ties.com 508.228.2266 • 1 Nor t h Beach Street • N antucket, MA 02554

Sam Parsons Laura Raimo Stuart Reid Henry Sanford Amanda Tosch Phil Witte




L I N K Properties for Sale on Nantucket Area

Area Bed/ Bath

Lot Size

Type

Listing Office

Price

Street

Lot Size

Type

Listing Office

Price

Street

Bed/ Bath

Lot Size

SF

COFF

$795,000

Wrights Landing 0/0

0.46

Land

JORD

Street

$495,000

Bluebird Ln

0/0

0.13

Land

CONG

$2,400,000 King St

$809,000

Goldfinch Dr

3/2.5

0.13

SF

MAUR

$2,825,000 Black Fish Ln

4/4.5

0.47

SF

FRAZ

$895,000

Berkley St

3/2

0.37

SF

CSAA

$875,000

Kittiwake Ln

3/2.5

0.17

SF

FRAZ

$2,995,000 Low Beach Rd

0/0

2.77

Land

FRAZ

$999,000

Whitetail Circle

0/0

2.75

Land

CONG

GTPT

$1,235,000 Kendrick St

3/2.5

3.70

SF

GLDY

5/3.5

0/0

0.07

2.91

Land

Type

Listing Office

Price

Killdeer Ln

5/3.5

0.12

SF

COMP

$2,995,000 Low Beach Rd

$945,000

Goldfinch Dr

4/3.5

0.12

SF

FRAZ

$2,995,000 Stone Post Way

5/3

0.46

SF

AERE

$1,299,000 Exeter St

3/3

3.08

SF

COFF

$995,000

Bluebird Ln

5/4.5

0.13

SF

GTPT

$3,000,000 Milestone Rd

0/0

2.82

Land

BAMB

$1,495,000 Nichols Rd

3/2.5

0.33

SF

MAUR

$999,000

$915,000

Goldfinch Dr

5/3.5

0.15

SF

WWRE

$3,000,000 Lenox Way

0/0

4.52

Land

CONG

$1,995,000 Wanoma Way

4/3

0.40

SF

JORD

$1,195,000 Goldfinch Dr

4/3.5

0.12

SF

JORD

$3,695,000 Baxter Rd

5/5.5

0.45

SF

AERE

$2,395,000 Parson Ln

5/3

3.32

SF

MAUR

$1,295,000 Goldfinch Dr

3/2.5

0.12

SF

CONG

$3,750,000 Low Beach Rd

8/7

0.49

SF

WWRE

$2,695,000 Wanoma Way

4/5

0.11

SF

CONG

$1,395,000 Goldfinch Dr

4/4.5

0.12

SF

JORD

$3,995,000 Pitman Rd

5/3.5

0.25

SF

COFF

$2,995,000 Lyford Rd

3/3.5

0.24

SF

MAUR

9/5.5

2.84

SF

FRAZ

6/4

2.78

SF

FRAZ

0/1

0.00

Condo CVIL

Pocomo

$8,745,000 Low Beach Rd

8/9

3.60

SF

ISLP

$6,995,000 Elliots Way

$9,995,000 Low Beach Rd

5/5

7.07

SF

MAUR

$6,995,000 Elliots Way

$1,895,000 Pocomo Rd

3/2.5

4.00

SF

JORD

$2,795,000 Pocomo Rd

4/4

3.93

SF

JLEE

Shawkemo

$2,995,000 Village Way

3/4.5

0.29

SF

MAUR

$1,895,000 Polpis Rd

0/0

3.31

Land

JLEE

$275,000

Washington St

$7,900,000 Pocomo Rd

4/4.5

2.58

SF

ISLW

$2,395,000 Shawkemo Rd

0/0

2.80

Land

MAUR

$329,000

Washington St

0/1

0.10

Condo CVIL

Jefferson Ln

1/1

0.00

Condo CONG

$12,900,000 Pocomo Rd

6/6.5

5.66

SF

WWRE

Polpis $725,000

Kelley Rd

3/1.5

5/5.5

0.88

SF

MAUR

$10,800,000 Shawkemo Hills 5/7.5

2.38

SF

MAUR

$415,000

Jefferson Ln

1/1

0.00

Condo CONG

$463,000

Center St

1/1

0.00

Condo MAUR

Shimmo

$495,000

Orange St

1/1

0.00

Condo CVIL

$1,250,000 Gardner Rd

CSAA

$495,000

Orange St

1/1

0.00

Condo CSAA

MAUR

$545,000

Orange St

1/1

0.12

Condo GLDY

$649,000

Pleasant St

2/2

0.13

SF

AERE

$649,000

Pleasant St

3/1.5

0.12

SF

COFF

$7,900,000 Rabbit Run Rd

SF

AERE

$1,325,000 North Pasture Ln 0/0

0.95

Land

CONG

$2,575,000 Polpis Rd

5/5

3.09

SF

GLDY

$3,695,000 Almanack Pond

4/3

3.99

SF

GTPT

South of Town

$9,850,000 Polpis Rd

6/9

5.98

SF

MAUR

$595,000

$8,995,000 Brewster Rd

Hull Ln

$1,075,000 Cachalot Ln

$2,999,000 Quaise Pastures

0/0

4.42

Land

GTPT

$2,999,000 Quaise Pastures

5/2

4.42

SF

GTPT

Town

$399,000

0.61

Quaise

3/3 6/5

0.96 5.20

SF SF

6/3

0.21

SF

AERE

$659,000

Meadow Ln

0/0

0.18

Land

FRAZ

4/4.5

0.46

SF

FRAZ

$679,000

Cherry St

4/2

0.14

SF

FRAZ

$685,000

Still Dock

2/1

0.00

Condo GTPT

$695,000

Orange St

2/1

0.05

SF

$695,000

Union St

2/2

0.14

Condo MAUR

Squam $19,900,000 Squam Rd

8/12.5

2.40

SF

GTPT

Surfside

WWRE

$698,000

Williams Ln

1/1

0.01

SF

$445,000

Surfside Rd

4/2.5

0.13

SF

FRAZ

$699,000

Cherry St

2/2

0.00

Condo CVIL

$450,000

Evergreen Way

2/3

0.20

SF

FRAZ

$735,000

Camelia Ln

0/0

0.12

Land

CONG

$549,000

Surfside Rd

3/2.5

0.56

SF

AERE

$750,000

Orange St

0/0

0.12

Land

COFF

$569,000

Hooper Farm Rd 4/3

0.24

SF

CVIL

$795,000

Union St

3/2

0.14

Condo MAUR

Sconset

$599,000

Cachalot Ln

0/0

0.46

Land

FRAZ

$795,000

York St

2/3

0.07

SF

GTPT

$525,000

Comeau Ln

0/0

0.26

Land

AERE

$649,000

Surfside Rd

3/2.5

0.56

SF

AERE

$799,000

Prospect St

4/3

0.09

SF

KILL

$599,000

Bank St

1/1

0.13

SF

COFF

$650,000

Skyline Dr

0/0

2.90

Land

MAUR

$875,000

Union St

2/1

0.12

SF

COFF

Skyline Dr

0/0

1.80

Land

MAUR

$875,000

Union St

2/1

0.12

SF

CVIL

Quidnet $940,000

Brier Patch Rd

$3,495,000 Quidnet Rd $6,999,000 Beacon Ln

0/0

1.01

Land

MAUR

0/0

3.60

Land

MAUR

3/4

1.97

SF

MAUR

GTPT

$775,000

Bank St

1/1

0.05

SF

CVIL

$650,000

$875,000

Westerwick Dr

0/0

0.50

Land

FRAZ

$699,000

Daffodil Ln

3/2.5

1.84

SF

WWRE

$895,000

Beaver St

3/2

0.10

SF

COFF

Daffodil Ln

3/2.5

1.84

SF

AERE

$895,000

Pleasant St

5/3

0.12

SF

GLDY

$885,000

Manatook Way

0/0

0.46

Land

JLEE

$749,000

$895,000

Lincoln St

0/0

0.13

Land

ISLP

$749,000

Surfside Rd

4/5

0.38

SF

FRAZ

$895,000

New Ln

2/1

0.20

SF

KILL

$899,900

West Sankaty Rd 3/1

0.11

SF

COFF

$875,000

Boulevarde

0/0

0.93

Land

MAUR

$895,000

Winn St

2/1.5

0.38

SF

GTPT

$950,000

Bank St

1/1

0.05

SF

MAUR

$895,000

Boulevarde

0/0

0.68

Land

BAMB

$925,000

North Liberty St 3/2

0.13

SF

ISLP

$995,000

Sconset Ave

3/2

0.21

SF

DELK

$895,000

Nobadeer

0/0

0.61

Land

FRAZ

$949,000

Prospect St

3/2

0.19

SF

CSAA

Boulevarde

0/0

2.59

Land

MAUR

$975,000

Main St

3/2.5

0.00

Condo COFF

$995,000

Center St

$1,100,000 Sankaty Rd

4/1

0.03

SF

COFF

$945,000

0/0

0.30

Land

MAUR

$1,175,000 Boulevarde

4/3

1.22

SF

GTPT

$995,000

Lily St

2/1

0.08

SF

7/4.5

1.86

SF

BAMB

$995,000

Gardners Court

2/1

0.00

Condo MAUR Condo MAUR

WWRE

$1,100,000 Sankaty Rd

0/0

0.30

Land

MAUR

$1,270,000 Evergreen Way

$1,200,000 New St

2/2

0.52

SF

COFF

$1,275,000 Gladlands Ave

3/3

1.84

SF

COFF

$995,000

Pleasant St

4/2.5

0.00

$1,200,000 Brdway

4/2.5

0.04

SF

COFF

$1,395,000 Lovers Ln

4/2.5

0.23

SF

COMP

$998,000

Union St

4/3

0.12

MF

ISLP

4/2

1.64

SF

CSAA

$999,000

Pine St

2/2

0.07

SF

WWRE

York St

$1,490,000 Bank St

4/3.5

0.08

SF

GTPT

$1,395,000 Surside Rd

$1,495,000 Towaddy Ln

4/2

0.19

SF

COFF

$1,450,000 Boulevarde

3/3

1.38

SF

FRAZ

$999,000

4/3.5

0.58

SF

KILL

$1,175,000 Orange St

3/2

0.28

SF

ISLP

7/4.5

0.31

SF

FRAZ

$1,495,000 Windsor Rd

0/0

1.26

Land

CONG

$1,495,000 Dunham St

$1,525,000 Shell St

3/1.5

0.13

SF

GTPT

$1,535,000 Skyline Dr

6/3.5

2.75

SF

CONG

$1,175,000 Milk St

2/2

0.06

SF

KILL

4/6.5

0.96

SF

COMP

$1,195,000 Farmer St

2/1.5

0.09

SF

WWRE

4/6.5

0.96

SF

CONG

$1,195,000 Vestal St

4/4.5

0.22

SF

FRAZ

$1,525,000 Beach St

4/3

0.10

SF

WWRE

$1,795,000 Surfside Rd

$1,560,000 King St

3/3

0.18

SF

AERE

$1,795,000 Surfside Rd

$1,620,000 Packet Dr

3/2

0.50

SF

COFF

$1,875,000 Rugged Rd

4/4

3.00

SF

WWRE

$1,195,000 West York Ln

3/2

0.11

SF

JORD

4/5

1.00

SF

JORD

$1,250,000 Brooks Farm Rd 0/0

0.25

Land

MAUR

$1,650,000 Plainfield Rd

4/3

0.48

SF

COFF

$2,195,000 Surfside Rd

$1,775,000 Baxter Rd

4/2

0.25

SF

AERE

$2,195,000 Surfside Rd

4/4

1.00

SF

FRAZ

$1,250,000 Angola St

0/0

0.13

Land

MAUR

5/3.5

2.96

SF

AERE

$1,295,000 New Ln

3/2.5

0.16

SF

MAUR

$1,795,000 Gully Rd

3/3

0.16

SF

FRAZ

$2,395,000 Okorwaw Ave

$1,795,000 Plainfield Rd

4/4.5

0.49

SF

COFF

$2,395,000 Surfside Rd

6/4.5

0.38

MF

COFF

$1,295,000 Main St

3/2

0.14

SF

FRAZ

$1,799,999 New St

4/2.5

0.19

SF

COFF

$2,395,000 Western Ave

6/6.5

0.38

SF

JORD

$1,295,000 Union St

3/2.5

0.05

SF

AERE

4/3

3.28

SF

BWRE

$1,295,000 Warren St

2/2

0.00

Condo GTPT

7/5

0.57

SF

GTPT

$1,425,000 Beaver St

4/3

0.12

SF

$1,450,000 Union St

5/4

0.00

Condo MAUR

0.13

SF

$1,899,000 Morey Ln

4/3

0.12

SF

COFF

$2,500,000 Skyline Dr

$1,950,000 Pochick St

5/2.5

0.11

SF

COFF

$2,950,000 Nonantum Ave

$1,950,000 Sankaty Rd

5/4.5

0.45

SF

COFF

$2,195,000 King St

6/4.5

0.16

SF

FRAZ

$2,195,000 Brdway St

3/2

0.04

SF

FRAZ

$2,295,000 Sconset Ave

4/2.5

0.30

SF

FRAZ

$2,395,000 Sankaty Rd

4/2.5

0.44

SF

KEY TO LISTING OFFICES AERE . . . . . . . . .Atlantic East Nantucket Real Estate BAMB . . . . . . . .Bamber Real Estate BOYC . . . . . . . . .Boyce Realty BWRE . . . . . . . .Bennett Witte Real Estate BLUE . . . . . . . . .Bluewater Real Estate CHAT . . . . . . . .Chatfield Taylor COFF . . . . . . . . .Coffin Real Estate

KEY TO PROPERTY TYPE

12

Area Bed/ Bath

Nantucket Property News

COFF

Tom Nevers

$1,495,000 Washington St Ext 3/2.5

$450,000

Gloucester St

0/0

1.16

Land

AERE

$699,000

Clarendon St

3/3

0.18

SF

WWRE

$699,000

Clarendon St

3/3

0.18

SF

COMP

AERE CHAT

Continued on page 17

COMP . . . . . . . .Compass Rose Real Estate CONG . . . . . . . .Congdon & Coleman Real Estate CSAA . . . . . . . . .Cooper Shepherd Associates CVIL . . . . . . . . .Country Village Real Estate DELK . . . . . . . . .Delker Real Estate DENB . . . . . . . .Denby Real Estate FGHD . . . . . . . .Figurehead Realty FRAZ . . . . . . . . .J Pepper Frazier Company GTPT . . . . . . . . .Great Point Properties ISLP . . . . . . . . . .Island Properties

ISLW . . . . . . . . .Islandwide Realty JLEE . . . . . . . . . .Jeff Lee Real Estate JORD . . . . . . . . .Jordan William Raveis KILL . . . . . . . . . .Killen Real Estate LVST . . . . . . . . .Landvest MCDL . . . . . . . .McDonald Real Estate MACH . . . . . . . . .Vaughan Machado Real Estate MAUR . . . . . . . .The Maury People/Sotheby’s Intl. OSPR . . . . . . . . .Osprey Real Estate PREF . . . . . . . . .Preferred Properties

PROB . . . . . . . . .Pro Buyer Associates ROYA . . . . . . . . .Royal Colley SCST . . . . . . . . .Sconset Real Estate SEIT . . . . . . . . . .Seitz Real Estate TRSE . . . . . . . . .Tea Rose Realty WEBS . . . . . . . . .Webster Real Estate WEST . . . . . . . .Westbrook Real Estate WWRE . . . . . . .Windwalker Real Estate WLCH . . . . . . . .Welch & Associates Inc. Realty Group

SF . . . . . . . . . . . .Single Family MF . . . . . . . . . . .Multi Family

Land . . . . . . . . . .Land Condo . . . . . . . . .Condo

Com . . . . . . . . . .Commercial Co-op . . . . . . . . .Co-op

• February 2012


NEWS REPORT

COURTESY

Land Use, continued from page 1

Today, a very different picture There was a time about six or seven years ago when the Monday night Planning Board meetings lasted several grueling hours. Nantucket’s development scene was raging like a four-day nor’easter in February. The board’s biweekly meetings routinely featured more than half a dozen ongoing major commercial and residential development hearings. More often than not, there were several preliminary or sketch plans for the five-member board to review, several approval-not-required plans to endorse and many secondary dwellings requiring consideration. Big projects wending their way through the permitting morass included the Great Harbor Yacht Club, the Dreamland Theater, Black Fish Lane, the Harbor House, the Point Breeze Hotel, the Westmoor Club, Gingy Lane, the reincarnation of the Westender and the Island Racquet Club in Madaket. These were heady times for developers and real estate brokers alike, with the Nantucket real estate market reveling in more than $1 billion in sales in 2004 and $1.2 billion in 2005 — $137 million of that in commercial property. The Nantucket Islands Land Bank collected just over $20 million in transfer fees in 2005 alone. The island’s conservation organizations also secured some major purchases, including the Nantucket Conservation Foundation’s purchase of the 110-acre UMass Boston Nantucket Field Station for $22 million in 2004, the Nantucket Land Council’s purchase of a conservation restric-

tion for Linda Loring’s 270 acres off Eel Point Road in 2004 for $14 million, and the Land Bank’s acquisition of the eight-acre Ottison property at 158 Orange Street in 2005 for $12.4 million. All the while, Nantucket’s Planning Department worked at revamping the zoning bylaw, a process ongoing today, adapting it to development patterns playing out within antiquated zoning districts since the enactment of Nantucket’s zoning bylaw in 1972. When the recession hit, it dealt varying blows to large commercial and residential projects. In subdivisions that were not tied up in neighborhood opposition legal actions and had installed those lots either did not sell, or the new owners could not afford to build. Siasconset Hydrangea off Milestone Road is one such example; another is the 40B affordable housing development between Rugged Road and Scott’s Way. And yet, another is the 15-lot cluster subdivision Finback Lane between Bartlett Road and Somerset Lane. Major commercial developments lacking the funds to proceed or hitting other project delays included the Dreamland Theater, which endured two different owners and challenging permitting and fundraising obstacles before finally getting onto its current track, and the Point Breeze Hotel, whose owner Bob Matthews defaulted on his construction loan and left his resurrection of this historic hotel incomplete when TD Banknorth foreclosed on it in June 2009. With the collapse of financial markets came the precipitous drop in property transfers on Nantucket, which meant that the Land Bank’s transfer fees, a two-percent tax levied on most real

OF TOWN OF

NANTUCKET/NATHAN PORTER

estate sales, dropped as well, leaving the Land Bank somewhat lacking the revenue musculature it had previously to protect open space. The NCF, paying off the $22 million for the field station, had little buying power of its own. Today, there are very few large parcels of vacant, prime upland parcels unfettered by wetlands. The recent Land Bank/’Sconset Trust purchase one of the last remaining large pieces of such land. For its part, the Land Bank is borrowing up to $7 million toward the purchase. The Land Bank, NCF and the island’s other conservation organizations will undoubtedly continue to work on acquiring these properties. But, in the meantime, the Land Bank is focusing on whatever scenic properties it can afford, such as its recent purchase of the 3.8-acre lot at Chaos Corner on Wauwinet Road overlooking Polpis Harbor, and other lots to link scenic parcels together such as those along Washington Street. Vorce notes that, today, some commercial projects are sputtering back to life. New homes are being built in various subdivisions, including Ellen’s Way, Finback Lane, Gingy Lane and Siasconset Hydrangea. The Nantucket Community Music Center’s new home at 56 Center St. is under construction. Martha’s Vineyard hotelier, Mark Snider, who recently purchased the Point Breeze Hotel for $2.8 million from TD Banknorth had his renovation plan approved by the Planning Board on Jan. 19. Snider plans to open in time for this summer, and the Dreamland is on track to do the same.

February 2012 •

Nantucket Property News

13


Real Estate

Week ending January 6, 2012

Transactions

1

. A house on .45 of an acre at 11 Black Fish Lane sold to Linda Graef Jones of Bronxville, N.Y. from Bedminster International, Inc., Trustee of Burnell Street Nominee Trust, of Nantucket, Mass. for $2,150,000. The property is assessed at $883,500. The Land Bank fee is $43,000.

2

. A vacant lot on .76 of an acre at 2 Winn St. sold to ZEKE DOG, LLC of South Dartmouth, Mass. from Cornelius B. McCrudden and Ethel K. McCrudden of Old Saybrook, Conn. for $1,600,000 the property is assessed at $584,500. The Land Bank fee is $32,000.

3

. A house on .18 of an acre at 12 Washington Ave. sold to Michael E. Mooney, Trustee of Washington Avenue Realty Trust, of Boston, Mass. from Donna M. Pino of Boston, Mass. for $1,350,000. The property is assessed at $1,289,800. The Land Bank fee is $27,000.

4

JANUARY 2011

13 14

13

Week ending January 13, 2012

14

. A vacant lot on .46 of an acre at 8 Hedgebury Lane sold to Vincent F. Miscia of Bridgewater, Conn. from Pacemaker Fund, LLC of Bridgewater, Conn. for $0. The property is assessed at $374,200. The Land Bank exemption is J.

. A house on .71 of an acre at 23 Madaket Road sold to BEAMACK, LLC of Chevy Chase, Md. from Michael K. Holdgate and Dawn E. Holdgate of Nantucket, Mass. for $1,910,000. The property is assessed at $1,263,500. The Land Bank fee is $38,200.

5

2

6

. A house on 1.3 acres at 44 Monomoy Road sold to Vincent D. Mignosa and Rita Lee Mignosa, Trustees of the Vincent D. Mignosa Revocable Trust and the Rita Lee Mignosa Revocable Trust, of Milton, Mass. from Vincent D. Mignosa and Rita Lee Mignosa, Trustees of R and D Realty Trust, of Milton, Mass. for $1. The property is assessed at $7,040,100. The Land Bank exemption is D.

7

. A house on 2.9 acres at 20 Sankaty Head Road sold to Barbara Charlton of New York City, N.Y. from William J. Charlton of New York City, N.Y. for $0. The property is assessed at $5,900,300. The Land Bank exemption is C.

8

. A house on .19 of an acre at 21 New St., ’Sconset, sold to Karen Ann Urban, Trustee of the Karen Ann Urban Revocable Trust, dated 12/1/11, of New York City, N.Y. from Karen Ann Urban, a/k/a, Karen Ann Rovinski, Executrix of the Estate of Frank J. Rovinski, of New York City, N.Y. for $0. The property is assessed at $1,083,900. The land bank exemption is D.

. A house on .33 of an acre 2 and 4 Jefferson Ave. sold to Thomas E. Gottwald, Trustee of the Mark H. Gottwald Family Trust, of Pacific Palisades, Calif. from Mark H. Gottwald of Pacific Palisades, Calif. for $0. The properties are assessed at $1,721,500 and $1,471,000, respectively. The Land Bank exemption is D.

12

. A vacant lot on .21 of an acre at 13 Aurora Way sold to Vincent F. Miscia of Bridgewater, Conn. from Pacemaker Fund, LLC of Bridgewater, Conn. for $0. The property is assessed at $690,200. The Land Bank exemption is J.

. A business on .046 of an acre at 28 Center St. sold to ACK TREETOPS, a Massuchusetts limited liability company, of Nantucket, Mass. from Elizabeth Frazier, Treetops Realty Trust, of Boca Grande, Fla. for $100. The property is assessed at $2,639,600. The Land Bank exemptions are I and C. . A business at 19 Center St. sold to ACK PETTICOAT ROW, LLC, a Massuchusetts limited liability company, of Nantucket, Mass. from Elizabeth Frazier of Boca Grande, Fla. for $100. The property is assessed at $1,316,400. The Land Bank exemptions are I and C.

11

1

. A house on 4.1 acres at 315 Polpis Road sold to the Sankaty Head Golf Club of Siasconset, Mass. from M & T Bank of Buffalo, N.Y. for $1,600,000. The property is assessed at $1,992,400. The Land Bank fee is $32,000.

3

. A business on .63 of an acre at 3 Waydale Road sold to Walter J. Glowacki of Nantucket, Mass. from NEPCO Fund, LLC of Boston, Mass. for $575,000. The property is assessed at $725,800. The Land Bank fee is $11,500.

4

. A business on .44 of an acre at 67 Surfside Road sold to 67 Surfside Road, LLC of Nantucket, Mass. from Katherine J. Hemingway of Nantucket, Mass. for $564,000. The property is assessed at $496,900. The Land Bank fee is $11,280.

5

. A house on .14 of an acre at 20 Macy’s Lane sold to Jareb Z. Keltz and Vikturiya Keltz of Nantucket, Mass. from Nicholas P. Judson of Nantucket, Mass. for $342,000. The property is assessed at $361,300. The Land Bank fee exemption is M.

6

. A vacant lot on .23 of an acre at 69 Surfside Road sold to Peter Kyburg and Randy Riseborough of Nantucket, Mass. from Katherine Hemingway of Nantucket, Mass. for $225,000. The property is assessed at $265,000. The Land Bank fee is $4,500.

. A house on .33 of an acre 2 and 4 Jefferson Ave. sold to Thomas E. Gottwald, Trustee of the Mark H. Gottwald Family Trust, of Pacific Palisades, Calif. from Eleanor C. Gottwald of Pacific Palisades, Calif. for $0. The properties are assessed at $1,721,500 and $1,471,000, respectively. The Land Bank exemption is D. . A house on .56 of an acre at 6 Ishmael Road sold to Timothy J. Bridges and Victoria A. Bridges of Summit, N.J. from Bridges Family, LLC of Summit N.J. for $0. The property is assessed at $1,391,900. The Land Bank exemption is J. . A house on .56 of an acre at 6 Ishmael Road sold to Bridges Family, LLC of Summit, N.J. from Timothy J. Bridges and Victoria A. Bridges of Summit N.J. for $0. The property is assessed at $1,391,900. The Land Bank exemption is I.

15

. A house on .13 of an acre at 8 Ray’s Court sold to Donald C. Harris Living Trust of Berlin, Conn. from Donald C. Harris and Beverly Harris of Berlin, Conn. for $0. The property’s assessed value is unavailable. The Land Bank exemption is D.

16

. A house on .13 of an acre at 8 Ray’s Court sold to Beverly Harris Living Trust of Berlin, Conn. from Donald C. Harris and Beverly Harris of Berlin, Conn. for $0. The property’s assessed value is unavailable. The Land Bank exemption is D.

17

. A house .17 of an acre at 16 Atlantic Ave. sold to Karen Keelan of Mashpee, Mass. from 16 Atlantic Ave., LLC of Mashpee, Mass. for $0. The property is assessed at $438,100. The Land Bank exemption is J.

18

. A 60-percent interest in a dwelling on .17 of an acre at 59 Center St. sold to Sandra W. Morgan, Trustee of Willow Cottage Nominee Trust, of West Hartford, Conn. from Sandra W. Morgan of West Hartford, Conn. for $0. The entire property is assessed at $1,610,500. The Land Bank exemption is D.

Week ending January 20, 2012

1

. A building on 1.2 acres at 77 Easton St. sold to Nantucket Hotel Holdings, LLC of Wayland, Mass. from 77 Easton Street, LLC of Portsmouth, N.H. for $2,825,000. The property is assessed at $6,606,500. The Land Bank fee is $56,500.

9

7

10

8

. A timeshare interval, Time Period 39 in Unit A-1 at Brant Point Courtyard at 15 Swain St. sold to Joseph Ciancarelli and Diane J. Leech of New York City, N.Y. from Kevin S. Cooman and Suzanne L. Cooman of Fairport, N.Y. for $3,116. The property’s assessed value is unavailable. The Land Bank fee is $62.32.

3

9

4

10

5

. A house on .93 of an acre at 12 Austin Farm Drive sold to Bethpage Associates, Inc. of Hunt Valley, Md. from Eastern Savings Bank, fsb, Hunt Valley, Md. for $0. The property is assessed at $1,457,000. The Land Bank exemption is B. . A house on .46 of an acre at 69 Vestal St. sold to William A. Steadman and Tina Oliver Steadman of Nantucket, Mass. from Tina Oliver Steadman of Nantucket, Mass. for $0. The property is assessed at $879,300. The Land Bank exemption is C.

11

. A house on 1.4 acres at 4 Swift Rock Road sold to Robert M. Jesson as Trustee of Jeffers Dynasty Trust, of Rochester, Mass. from Donna A. Jeffers, Trustee of Swift Rock Road Realty Trust, of Rochester, Mass. for $0. The property is assessed at $1,713,500. The Land Bank exemption is D.

12

. A house on .09 of an acre at 9 Atlantic Ave. sold to Richard H. Seaquist and Claire A. Seaquist, as Trustees of the Christine A. Seaquist Irrevocable Supplemental Needs Trust, of Nantucket, Mass. from Karen S. Gottlieb, as Trustee of Nine Atlantic Avenue Realty Trust, of Nantucket, Mass. for $0. The property is assessed at $412,200. The Land Bank exemption is C.

14

Nantucket Property News

• February 2012

. A timeshare interval, Time Period 39 in Unit A-8 at Brant Point Courtyard at 15 Swain St. sold to Kevin S. Cooman and Suzanne L. Cooman of Fairport, N.Y. from Diane J. Leech of New York City, N.Y. for $3,116. The property’s assessed value is unavailable. The Land Bank fee is $62.32.

. A vacant lot (roadway) on Pilgrim Court sold Carl M. Jelleme and Richard J. Glidden, Trustees of Pilgrim Court Homeowners Association, of Nantucket, Mass. sold to Carl M. Jelleme of Nantucket, Mass. for $1. The property’s assessed value is unavailable. The Land Bank exemption is E. . A house on .61 of an acre at 11 Doc Ryder Drive sold to William G. Mallon, III, James E. Mallon and Kathryn C. Mallon of Daniel Island, S.C. from William G. Mallon (a/k/a William G. Mallon, II) of Daniel Island, S.C. for $1 and Love and Affection. The property is assessed at $835,100. The Land Bank exemption is C.

2

. A house on .11 of an acre at 10 Pine St. sold to Backonack, LLC of Boston, Mass. from Douglass Bermingham of Bedford Hills, N.Y. for $2,338,000. The property is assessed at $2,762,500. The Land Bank fee is $46,760. . A house on 1.05 acres at 64 Sankaty Road sold to Kelley Sullivan, Trustee of 64 Sankaty Road Realty Trust, of Scituate, Mass. sold to John M. Foster and June H. Foster a/k/a June E. Foster of Norwalk, Conn. for $2,300,000. The property is assessed at $2,184,800. The Land Bank fee is $46,000. . A house on .15 of an acre at 36 Vestal St. sold to Judith A. Duetsch and Jason A. Maroney of Asheville, N.C. from Lawrence G. Goode and Kelly Hanley Goode of Concord, Mass. for $1,040,000. The property is assessed at $961,100. The Land Bank fee is $20,800. . A house on .45 of an acre at 2 L St. sold to Kraig M. Siracuse of Alexander, Va. from Mason M. Tabor, Jr. and Cynthia K. Tabor of Westwood, Mass. for $720,000. The property is assessed at $675,600. The Land Bank fee is $14,400.

6

. A house .15 of an acre at 119 Main St. sold to Allison C. Green of Littleton, Colo. from Burgess M. Green of


Real Estate

Littleton, Colo. for $10. The property is assessed at $2,014,600. The Land Bank exemption is C.

Transactions

7

. A house .15 of an acre at 119 Main St. sold to Vanessa L. Green of Littleton, Colo. from Burgess M. Green of Littleton, Colo. for $10. The property is assessed at $2,014,600. The Land Bank exemption is C.

8

. A business on .64 of an acre at 30 Sparks Ave. sold to On Island Center, LLC, a Massachusetts limited liability company, of North Falmouth, Mass. from Marjorie Locke Noonan, Trustee of Pilgrim Locke Realty Trust, of North Falmouth, Mass. for $0. The property is assessed at $1,207,400. The Land Bank exemption is I.

Week ending January 27, 2012

1

. A vacant lot on 1.5 acres at Rear of Plainfield Road sold to Langtry Investments, LLC of Chevy Chase, Md. from Kenneth C. Coffin, Inc. of Nantucket, Mass. for $1,100,000. The property is assessed at $950,400. The Land Bank fee is $22,000.

2

. A house on .10 of an acre at 5 Warren St. sold to Stuart M. Duty and Mary A. Duty of Greenwich, Conn. from Barbara R. McKee of Greenwich, Conn. for $835,000. The property is assessed at $1,235,500. The Land Bank fee is $16,500.

3

. A house on .45 of an acre at 2 L St. sold to Helen C. Siricuse and Kraig M. Siracuse of Alexander, Va. from Kraig M. Siracuse of Alexander, Va. for $1. The property is assessed at $675,600. The Land Bank exemption is C.

4

. A house on .23 of an acre at 7 Bailey Road sold to Demosthenes A. Marken and Pamela J. Marken of Nantucket, Mass. from Tripoli Realty Trust of Nantucket, Mass. for $1. The property is assessed at $576,400. The Land Bank exemption is C.

5

. A house on .36 of an acre at 8 Ames Ave. sold to Suzanne M. Klinck of Galesburg, Ill. from the Menz

JANUARY 2011 Family Trust, Anne S. Menz, Trustee, of Montgomery, Texas for $0. The property is assessed at $1,360,500. The Land Bank exemption is C.

6

. A house on .14 of an acre at 29 Sconset Ave. sold to Elizabeth E. Gerdts Revocable Trust under agreement dated Jan. 14, 2012 of Darien, Conn. from Charles W. Gerdts and Elizabeth E. Gerdts Hume of Darien, Conn. for $0. The property is assessed at $1,468,000. The Land Bank exemptions are C and D.

7

. A house .14 of an acre at 28 Young’s Way sold to Lindsay Harrington Winters of Nantucket, Mass. from Jill Ferrentella, Trustee of Twenty-Eight Young’s Way Nominee Trust, of Nantucket, Mass. for $0. The property is assessed at $474,400. The Land Bank exemption is D.

8

. A house on 3.3 acres at 341 Polpis Road sold to Philip J. O’Shea, III and Maria Pani, as Trustees of the Falk Family Trust, of New York City, N.Y. from John Falk of Scarsdale, N.Y. for $0. The property is assessed at $2,176,100. The Land Bank exemption is C.

9

. A house on 3.3 acres at 341 Polpis Road sold to Philip J. O’Shea, III and Maria Pani, as Trustees of the Falk Family Trust, of New York City, N.Y. from Margaret Falk of Scarsdale, N.Y. for $0. The property is assessed at $2,176,100. The Land Bank exemption is C.

10

. A house on .45 of an acre at 8 Hussey Farm Road sold to Therese P. Woodward, Trustee of the Therese Woodward House Trust, of Nantucket, Mass. from Therese P. Woodward of Nantucket, Mass. for $0. The property is assessed at $1,043,500. The Land Bank exemption is D.

11

. A house .37 of an acre at 43 Jefferson Ave. sold to Ann Y. Orr of Washington, D.C. from Joseph J. Young and Francis T. Young of Washington, D.C. for $0. The property is assessed at $3,859,400. The Land Bank exemption is c.

12

. A house on 1.3 acres at 95 Cliff Road and Rear of Hinckley Lane sold to Christopher Butler, John H. Butler and Thomas Butler of Summit, N.J. from Eileen H. Butler, Trustee of Ninety-Five Cliff Road Nominee Trust, of Essex Fells, N.J. for $0. The property is assessed at $3,645,600. The Land Bank exemption is D.

T

o date in the year 2012, the Land Bank gained an estimated total of $422,564.64 in transfer fees. Land Bank income is derived mostly from the collection of a two-percent transfer tax on real estate transactions, subject to certain exemptions. The Land Bank acquires, holds, and manages land for open space and recreation on Nantucket. Other revenue sources include investments, private contributions, leasing of properties at 2 Massasoit Bridge Road, 159 Hummock Pond Road, and 22 Broad St. Many of the property transfers recorded with the Land Bank are exempt from the 2-percent transfer fee using one of 13 exemptions allowed by the Land Bank Act as follows: A; transfer to government entity, B; transfer which, without additional consideration, confirms, corrects, modifies, or supplements a previously made transfer, C; transfer made as a gift without consideration, D; certain transfers to and from a trust, E; transfer via death or bankruptcy, F; transfer made in partition of land and improvements, G; transfer to charitable organizations, H; transfer to a mortgagee in foreclosure of the mortgage, I; certain transfers made to or within a corporation or partnership, J; certain transfers out of a corporation or partnership, K; transfer due to divorce, L; transfer of property that is partially personal property and partially real property, M; certain first-time property buyers (applies to the first $400,000). The above explanations are abbreviated because the language explaining these exemptions is too lengthy to print in this section every week. If you’re curious about a certain exemption, go to the Nantucket Islands Land Bank Web site for complete information on the exemptions and the land bank’s governing bylaws: www.nantucketlandbank.org. Or visit the office at 22 Broad. You can reach the Land Bank at 508-228-7240.

Compiled by Peter B. Brace

’SCONSET REAL ESTATE

COFFIN REAL ESTATE

Post Office Square, P. O. Box 122 Siasconset, MA 02564 (508) 257-6335 www.sconsetrealestate.com

40 Centre Street, P. O. Box 1881 Nantucket, MA 02554 (508) 228-1138 www.coffinrealestate.com

’SCONSET RETREAT

PANORAMIC VIEWS

IN THE HEART OF THE VILLAGE

SECLUDED IN SURFSIDE

Light and bright four bedroom, three bath post and beam home surrounded by privet for privacy. Located in the heart of ‘Sconset. Move in condition. Excellent rental potential.

Take this property to the next level, for the creative buyer to restore and renovate to 2008 upgrades. Many options abound with architectural and landscaping vision.

Quiet shelled street offers custom five-plus bedroom home, hedged for privacy. One car garage, decks & porches create additional living & entertaining areas. Furnished.

Bright and cheery upside-down home on 2 acre lot a short walk to Surfside Beach. Large lawn for outdoor activities in wooded location. Large second floor deck for al-fresco dining.

EXCLUSIVE $1,899,000

$649,000

EXCLUSIVE $3,995,000

EXCLUSIVE $1,275,000

’SCONSET VILLAGE

COMFORTABLE LIVING

“THE FOGGIEST NOTION”

VALENTINE’S GIFT...A VACATION!

Early 1900s bungalow located in the Village. Close to the beach, post office, market and all the amenities that ’Sconset has to offer. Three bedrooms, one bath.

Three bedroom ranch with farmer’s porch and large basement. Open layout of kitchen dining and living area along with the back deck and side yard make for great indoor,outdoor entertaining.

Located on 1/2 acre in a Sconset neighborhood of quality homes.This 4 bedroom, 3 bath home offers plenty of space for relaxed summer living with large, private yard and deck, 2-car garage.

EXCLUSIVE $899,900

EXCLUSIVE $519,999

EXCLUSIVE $1,795,000

Four bedroom home on cul de sac. Perfect for families, and convenient to beach and Sconset Village. $3,000/wk. ‘Sconset Real Estate 508-257-6335. Property Code 20 on wwwcoffinrealestate.com.

OUR DEDICATED BROKERS & AGENTS Bernie & Carol Coffin: Owners/Brokers, Jack Bulger, Michele Cranston, Rob Egan, Betsy Holden, Erin Lemberg, Paula McAuley, Chandra Miller, Heather Sheldon, Nonie Slavitz, Paul Surprenant, Sue Walton, Debbie Willett


Linda Bellevue CBR, GRI, Broker 508-325-5000 x11 (office) 508-325-2700 (cell) lindab@congdonandcoleman.com

MONEY MATTERS Property News Mortgage Source Average Nantucket area mortgage rates, week of January 30, 2012

Adjustables

Fixed Rates 15 Year

Change from previous week

3.49%

1 year

2.81%

Down .09%

Down .02%

30 Year

5 Year

2.95%

4.11%

Down .01%

Down .08%

Informa Research Services

Rate Trend Index

House and Cottage Own for as little as $1,500 a month with the rental income of the cottage, (annual $14,400). You can own for about the same amount as renting, or rent both for investment. Call for more details.

$579,000

Will rates rise, fall or remain relatively unchanged? Here’s how experts surveyed by Bankrate.com think rates will move in the next 30 days

Down Unchanged

55%

36% Up

9%

57 MAIN ST. NANTUCKET, MA 02554 | WWW.CONGDONANDCOLEMAN.COM

“Late 2014?! That’s how long the Fed now expects to keep interest rates on hold, which should not only keep a lid on mortgage rates, but the longer-than-anticipated time frame should drive mortgage rates a little lower.” — Greg McBride Senior Financial Analyst, Bankrate.com


THE MAGIC BEGINS AT THE DRIVEWAY ...

SMUGGLERS LUCK

$2,200,000

$1,395,000

This 5+ br, 4.5 ba captivating home with its 1br, 1ba guest cottage & 2 car garage is sure to surprise. Impeccable landscaping offers several spectacular out door living areas & big privacy! An excellent value.

Surfside Beach house just 200 yards from the sea. 4+br, 2.5ba, fireplace, 2 car garage, roof walk, sun deck, nice yard & hot tub.

Listing Broker: Cynthia Lenhart

Listing Broker: Cynthia Lenhart Broker is related to seller

EXCELLENT VALUE ~ MUST SEE!

ARTS & CRAFTS STYLE

NOBSKA WAY

SURFSIDE TRIO

LOT OF HOUSE

$699,000 Handsome 3 br, 3 ba Arts & Crafts style home in Tom Nevers. Dramatic entry w/cathedral ceiling, custom cabinets & built-ins, wet bar, fireplace, finished basement & much more!

$419,000 Great opportunity to get a foot hold on the island. Well maintained 2 bedroom, 1 bath cottage located at the end of a quiet lane. New heat, new deck and new outdoor shower.

$1,795,000 Spacious 3br, 3ba Cape style home, multi-level 1br, 2ba cottage, plus garage w/studio above! Privacy on attractive .96 acre lot in “Gladlands” neighborhood just 1/2 mile from Surfside Beach.

$915,000 Cheerful home in popular Naushop. 5 br, 3.5 ba spacious living /dining room, cozy family rm w/ fireplace, den, great kitchen & breakfast room, basement plus brick patio, hedged yard, parking!

Listing Broker: PJ Joyner

Listing Broker: Cynthia Lenhart

Listing Agent: David Beaumont

Listing Broker: Joe Ferrigno

Cynthia Sadler Lenhart . Constance Sturgis . PJ Joyner . Pat Carr Calabrese . Beth Maier . Pam Sosebee . Jim Cahill

L I N K Properties for Sale on Nantucket Area Price

Area Street

Bed/ Bath

Lot Size

Type

Listing Office

Price

Area Street

Bed/ Bath

Lot Size

Type

Listing Office

Price

Bed/ Bath

Street

Lot Size

Type

Listing Office

4/2.5

0.00

Condo GTPT

$2,395,000 Copper Ln

4/4.5

0.08

SF

MAUR

Tuckernuck

$1,495,000 Centre St Unit 1 0/0.5

0.00

Com

COFF

$2,425,000 Darling St

3/3.5

0.04

SF

JLEE

$925,000

$1,499,999 Cherry St A&B

7/5.5

0.13

SF

CONG

$2,450,000 Union St

3/2.5

0.12

SF

AERE

$1,499,999 Cherry St

7/5.5

0.13

SF

CVIL

$2,450,000 York St

5/6

0.18

SF

MAUR

$1,549,000 Centre St

3/3

0.07

SF

FRAZ

$2,475,000 Woodbury Ln

4/4.5

0.24

SF

MAUR

$1,420,000 Wauwinet Rd

$1,600,000 Pleasant St

0/1.5

0.32

Com

WWRE

$2,495,000 Commercial Whf 1/1

0.03

SF

CVIL

$1,495,000 Wauwinet Rd

4/2

1.53

SF

MAUR

0/0

3.25

Land

MAUR

$1,495,000 West Chester St

$1,650,000 Orange St

3/2.5

0.09

SF

$1,695,000 Warren St

3/2

0.00

Condo CSAA

$1,695,000 Candle House Ln 4/3

0.12

SF

MAUR CONG

Tuckernuck

0/0

8.82

Land

CVIL

3.29

SF

COFF

Wauwinet 3/2

$2,650,000 Fair St

5/4.5

0.10

SF

KILL

$1,900,000 Eat Fire Spring

$2,650,000 North Water St

0/1.5

0.17

SF

DENB

$1,975,000 Wauwinet Rd

5/4.5

1.50

SF

MAUR

MAUR

$2,795,000 Medouie Creek

3/4

3.07

SF

MAUR

5/5

5.51

SF

CONG

$2,689,000 Candle House Ln 5/6

0.16

SF

$1,750,000 Center St

15/8

0.13

SF

GTPT

$2,690,000 Pine St

8/4.5

0.16

SF

KILL

$2,995,000 Medouie Creek

$1,750,000 New Mill St

4/4

0.11

SF

JORD

$2,750,000 Easy St

0/5

0.10

Com

KILL

$4,165,000 Wauwinet Rd

4/3

4.03

SF

JLEE

6/3.5

2.50

SF

MAUR

0/0

0.12

Land

CONG

$1,795,000 West Dover St

4/3

0.18

SF

CONG

$2,750,000 Pleasant St

0.13

MF

MAUR

$9,995,000 Wauwinet Rd

0.36

SF

GTPT

West of Town

9/8.5

$1,795,000 Washington St

2/3.5

0.11

Com

WWRE

$2,750,000 North Liberty St 4/3

$1,795,000 Pine St

5/3

0.08

SF

COFF

$2,850,000 Copper Ln

7/6

0.13

SF

GTPT

$1,795,000 Pine St

5/3

0.12

SF

CONG

$2,850,000 Woodbury Ln

5/4.5

0.23

SF

JORD

$1,795,000 Washington St

3/2

0.22

SF

KILL

$2,895,000 West Chester St

6/7

0.14

SF

WWRE

$1,795,000 West Dover St

4/3

0.18

SF

FRAZ

$2,900,000 Liberty St

3/3.5

0.08

SF

WWRE

$1,795,000 Union St

5/5.5

0.07

SF

MAUR

$2,975,000 Lily St

4/3.5

0.12

SF

MAUR

$1,795,000 Washington St

2/3.5

0.11

SF

WWRE

$2,985,000 Gingy Ln

5/5.5

0.14

SF

FRAZ

$1,835,000 Back St

4/3.5

0.12

SF

CONG

$2,995,000 Vestal St

5/3.5

0.18

SF

JORD

$1,895,000 Pleasant St

4/3.5

0.23

SF

ISLP

$3,495,000 Hussey St

5/6

0.08

SF

JLEE

$1,895,000 Pleasant St

4/3.5

0.23

SF

GTPT

$3,850,000 Orange St

5/4.5

0.15

SF

CSAA

$1,895,000 Beaver St

4/4.5

0.10

SF

COFF

$3,875,000 Orange St

5/3.5

0.14

SF

MAUR

$1,900,000 Old North Wharf 2/1.5

0.02

SF

KILL

$3,875,000 Orange St

5/4.5

0.12

SF

MAUR

$1,950,000 Center St

4/2

0.10

SF

CVIL

$4,250,000 Straight Wharf

2/3.5

0.07

Com

WWRE

$2,100,000 New Ln

4/3.5

0.12

SF

MAUR

$4,995,000 Main St

20/21 0.27

Com

FRAZ

6/4

0.24

SF

JLEE

$2,175,000 Fayette St

4/3

0.16

SF

CVIL

$6,195,000 Orange St

$2,250,000 Copper Ln

5/4.5

0.16

SF

GTPT

$6,450,000 Orange St

6/6

0.13

SF

ISLP

$2,250,000 Hussey St

7/3

0.33

SF

COFF

$6,950,000 Main St

6/8

0.15

SF

CONG

$2,295,000 West Dover St

5/4

0.13

SF

JORD

$8,875,000 Main St

8/9.5

0.56

SF

MAUR

$2,300,000 North Liberty St 4/3

0.22

SF

GTPT

$25,000,000 Orange St

8/9

0.29

SF

MAUR

$2,375,000 Union St

5/3

0.15

SF

CHAT

$2,395,000 Copper Ln

4/4

0.14

SF

JORD

$310,000

Cato Ln

$650,000

Marsh Hawk Ln 3/4.5

1.23

SF

FRAZ

$795,000

Meadow Ln

3/1.5

0.30

SF

AERE

$950,000

Old Westmoor

0/0

0.66

Land

GTPT

$975,000

Pinkham Circle

6/6.5

0.53

SF

JLEE

$975,000

Madaket Rd

3/2

0.46

SF

WWRE

$1,100,000 Old Westmoor

0/0

0.48

Land

WWRE

$1,100,000 Old Westmoor

0/0

0.48

Land

GTPT

$1,245,000 Madaket Rd

5/3

0.37

SF

GTPT

$1,245,000 Madaket Rd

5/3

0.37

SF

COFF

$1,450,000 Dukes Rd

6/3

1.25

Com

WWRE

$1,950,000 Old Westmoor

0/0

1.02

Land

GTPT

$2,300,000 Old Westmoor

0/0

1.68

Land

GTPT

$2,900,000 Meadow Ln

6/5

0.57

SF

GTPT

$2,950,000 Pilgrim Rd

5/5

1.35

SF

GTPT

$11,900,000 Old Westmoor

10/8.5 3.93

SF

GTPT

$12,900,000 Old Westmoor

10/8.5 5.61

SF

GTPT

February 2012 •

Nantucket Property News

17


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TAKE THE PLEDGE. No Kid Hungry.org

Jeff Bridges, Share Our Strength’s No Kid Hungry™ Campaign Spokesperson

18 •

Nantucket Property News

• February 2012


LARGE LOT Available in Surfside- private, well and septic installed! Call Kathryn for details. 508-2210454. TWO ACRE LOT With potential waterviews in Dionis! Build your home, guest cottage and pool on this large lot. MESA approved. Call Kathryn for details. 508221-0454. EXPANDABLE SALTBOX located in Sconset. 1/2 acre surrounded by mature hedges. 2+ Bedrooms, 2 Bathrooms. $1,200,000. Exclusively listed with Debbie Willett and Paula McAuley, Coffin & Sconset Real Estate. Call 508-3252964 or 508-325-3255.

TUCKED AWAY ... ...in a quiet neighborhood this property boasts nearly onehalf acre of land with beautiful landscapes. Recently renovated 2 bedroom, 2 bath home provides a lovely entrance and privacy. Plenty of remaining ground cover. Three bedroom septic. $875,000. Exclusively listed with Chandra Miller, Coffin & Sconset Real Estate. Call 508-360-7777. WONDERFUL SURFSIDE 3+ bedroom on nearly 2 wooded acres. Less than 1 mile to beach! Exclusively listed with Jack Bulger, Coffin & Sconset Real Estate. Call 508-221-0829.

ANTIQUE RESIDENCE ROH located, Antique resiSERENE AND PEACEFUL! dence with remaining ground Madaket location. Relax and cover available. Waiting for enjoy at this 3 bedroom home buyer with vision to with good separation for fami- restore/renovate ... and to finly members or guests. Soaring ish with interior design to sigceilings and furnished and nature your style to this ready for you to move in. charming 1850s property. $449,000. Exclusively listed $649,000. Listed with Betsy with Carol Coffin, Coffin & Holden and Paul Surprenant, Sconset Real Estate. Call 508- Coffin & Sconset Real Estate. 560-2916. Call 508-325-2640 or 508332-9537. SURFSIDE COMPOUND Spacious 3 BDRM / 3 BA SURFSIDE Cape style home, multi-level 1 Two houses with ocean views BDRM/ 2 BA cottage, plus and a great rental history! garage w/ studio above! Both Upside-Down style with Surprising privacy on attraccomfortable furnishings. Steps tive .96 acre lot in from Surfside Beach! One has “Gladlands” neighborhood 3 bedrooms 2 full and 2 half just ? mile from fabulous baths, the other has 3 bedSurfside Beach. $1,795,000. rooms, 3.5 baths. $2,395,000. PJ/Patricia Joyner, Compass Jordan William Raveis, 228Rose Real Estate, 508-3254449. Listing Agent: Lili 5500, Cell: 978-771-1732, Baker, Cell 246-9898. pj@compassroserealestate.com. THE WOODBOX INN 36 Fair St. Dream location on Fair St. This circa 1850 Inn is a spacious 6 BDRM, 5 BA, gem with a flexible floor plan for easy conversion to a private residence. In town. excellent location, loads of character & priced to sell! Listing Broker: Pat Carr Calabrese. Call 508-325-5500 Email: patcc@compassroserealesate.comOriginal Asking: $1,395,000, Revised Asking: $1,119,000. MADAKET Delight in the comfort of an exquisite home, savor Madaket sunsets over Hither Creek, enjoy swimming, biking and boating nearby. This prime parcel is beautifully landscaped with an approved mooring and offers a fully renovated four bedroom home with high end custom features and water views. A garage, with a half bath, is situated for privacy and set up for entertaining. Three sheds offer convenient storage. Outdoor living is maximized with multiple decks, porches, patios, privacy hedges and generous lawns. Enjoy the special charm of Old Madaket and the many amenities offered in this unique property! $2,150,000. Jordan William Raveis, 2284449. Listing Agent: Patience Killen, Cell 325-2625.

HIDDEN AWAY At the top of Main Street, this 3 bedroom, 2.5 bath free standing condo has wonderful private outdoor living space. Short distance to Town, Cliff beaches and bike paths. $975,000. Exclusively listed with Nonie Slavitz, Coffin & Sconset Real Estate. Call 508325-2414. CLIFF 4 bedroom, 2.5 bath custombuilt home, with many amenities, is convenient to Westmoor Club, Steps Beach and Town. Private and quiet location with fantastic, maintenance-free gardens. $1,550,000. Jordan William Raveis, 228-4449. Listing Agent: Lili Baker, Cell 2469898. RESERVE YOUR NANTUCKET HOLIDAY! Best to book soon as prime weeks rent early in our most popular homes. Compass Rose Real Estate offers hundreds of rental properties in all areas of the island. Choose an upscale antique home in our historic town, a contemporary beach house with ocean views or maybe a charming cottage! Call 508-325-5500 or www.compassroserealestate.com .

NANTUCKET PROPERTY Sales& RENTALS To advertise Email: editor@nareb-online.com

SURFSIDE COMPOUND Spacious 3 BDRM/3 BA Cape style home, multi-level 1 BDRM/2 BA cottage, plus garage w/ studio above! Surprising privacy on attractive .96 acre lot in “Gladlands” neighborhood just 1/2 mile from fabulous Surfside Beach.Listing broker: PJ Joyner. $1,795,000.

FIVE BEDROOM HOME In prime Town location. Off508-221-3268 street parking, porch, patio, and yard! $1,795,000. Listed YOURS FROM NEW CONSTRUCTION with Jack Bulger, Coffin & NANTUCKET In the historic core, featuring Sconset Real Estate. Call 5084 bedrooms and 4.5 half baths. “Owning a home is a keystone 221-0829. Convenient to Main Street, the of wealth…both financial affluence and emotional secubeach, and the Great Harbor LIGHT AND BRIGHT Yacht Club. Expansive living rity.” — Suze Orman. Post and beam home 4 areas inside and out. Excellent Contact: Pat Carr Calabrese, Bedroom 3 Baths. Located in rental potential. Owner is MA Compass Rose Real Estate, the heart of Sconset. Room for 917-655-4642, patcc@comReal Estate Broker. cottage or garage. $1,899,000. $1,895,000. Exclusively listed passroserealestate.com - plus Exclusively listed with Debbie with Erin Lemberg, Coffin & attached card if possible Willett, Coffin & Sconset Real Sconset Real Estate. Call 508Estate. Call 508-325-2964. MID-ISLAND RENTAL 221-3787. 133 Old South Rd – close to PERFECT LAYOUT the Airport. Studio Apartment FOUR BEDROOM, For income potential. Large – Year round rental @$1000 3 BATHS HOME home with 3 floors of livable On a 1/2 acre hedged lot just a per month plus utilities. 3,200 square feet which Newly refurbished, small short distance from the includes a 2 BR accessory kitchen, bathroom and living Village. Plenty of expansion apartment. Tucked in off room/ dining room/ and bedpossibilities make this a perSurfside Road but close to room with Murphy bed. fect home for year round use bike paths, shuttle stops and or vacation living. Oversized Condo fully furnished. Owner all mid island conveniences. would consider a seasonal two car garage. $1,650,000. $695,000. Exclusively listed rental. Contact: Pat Carr Exclusively listed with Paula with Betsy Holden and Paul Calabrese, Compass Rose McAuley, Coffin & Sconset Surprenant, Coffin & Sconset Real Estate, 917-655-4642, Real Estate. Call 508-325Real Estate. Call 508-325patcc@compassrose3255. 2640 or 508-332-9537. realestate.com. PARK CIRCLE LARGE FAMILY HOME CLOSE TO UPPER Well maintained 3 bedroom, With 4 bedrooms, 4 1/2 baths. 1.5 bath unit has windows on MAIN STREET. Three living areas and five Set back on the property, with three sides. Situated near the decks. Nicely landscaped 1/2 large front yard awaits privacy park green, enjoy the use of acre. Widow’s walk offers pool and community meeting in this 5BR/4 BA Colonial expansive 360 degree views of home. Ready to entertain famhouse. Convenient to South Sconset. $1,795,000. ily and guests. $1,245,000. Shore Beaches. $325,000. Exclusively listed with Paula Exclusively listed with Robbie Listed with Betsy Holden and McAuley, Coffin & Sconset Paul Surprenant, Coffin & Egan, Coffin & Sconset Real Real Estate. Call 508-325Sconset Real Estate. Call 508Estate. Call 508-367-1727. 3255. 325-2640 or 508-332-9537. TOM NEVERS EAST LARGE PARCEL FURNISHED 3 BEDROOM, This sunny, open and upside On Wauwinet Road with 3 BATH HOME down beach house has views charming 3 bedroom, 2 bath and privacy on nearly 2 acres. Located in a premium location Squam long-cottage. Abutting and has it all. Large side and Enjoy the deck and 180 back yard. Off-street parking. conservation. Transform existdegree distant ocean views. ing home to suit your taste. Room for expansion or perfect Neighborhood pool and tennis Full basement with walkout. court. $720,000. Exclusively as is. Partially finished baseOver 4,000 square feet of ment plus a sleep loft or office listed with Robbie Egan, allowable ground cover. space makes this a great home Coffin & Sconset Real Estate. $1,420,000. Exclusively listed Call 508-367-1727. for year round or summer with Erin Lemberg, Coffin & enjoyment. Good rental potenSconset Real Estate. Call 508BUILD YOUR tial.$1,050,000. Kathryn 221-3787. DREAM HOUSE Hatcher Broker, Sales and In town lot- ROH- over 5,000 Rentals, Maury People A PLACE TO CALL sq ft. 50% ground cover Sotheby’s International Realty, YOUR OWN allowed. House and second 508-228-1881, Cell: 508-221dwelling possible. Town water This studio is all you need for 0454, your year round living or your and town sewer available. kathryn@maurypeople.com. escape from the mainland. $750,000. Exclusively listed $180,000. Exclusively listed with Carol Coffin, Coffin & MEDOUIE CREEK Sconset Real Estate. Call 508- with Nonie Slavitz, Coffin & 5 bedroom 4.5 bath with dock Sconset Real Estate. Call 508560-2916. rights, $2,995,000. Gwen 325-2414. Thorson designed upside SWEETHEART DEAL down gambrel home with spaAMPLE SIZE RANCH Sprawling 4 BDRM/2.5 BA cious living areas. Light and Well maintained with open single story home w/ post & bright home with the living entertaining area of living beam garage close to golf areas and master bedroom room, dining room and course, beaches & Bartlett suite with private deck on the kitchen. Full basement for Farm. Priced to sell! second floor. Recreation area expansion potential . For out$825,000. Broker/Owner: Pam with shared dock for residents door entertaining, porch and Sosebee, Compass Rose Real of Medouie Creek. Roof walk side yard compliments this Estate, 508-325-5500, Cell: with harbor and ocean property. $519,999. 508-367-9494, pam@comviews.Linda Bellevue, Exclusively listed with Paul passroserealestate.com. Congdon and Coleman Real Surprenant and Betsy Holden, Estate. 508-325-5000 x11 Coffin & Sconset Real Estate. (office). 508-325-2700 (cell) Call 508-332-9537 or 508lindab@congdonandcoleman.com 325-2640.

CISCO BEACH HOUSE FOR RENT Fabulous Cisco house with excellent views of Hummock Pond and the Atlantic Ocean plus a swimming pool, spa, pool house, lovely gardens & a koi pond. Spacious, attractive, upscale 4 bedroom, 3.5 bath upside down house in great location. Convenient to Bartlett’s Farm, Cisco Brewery, East Coast Seafood, fabulous surf beach, walking trails at the pond, etc. Compass Rose Real Estate, 508-325-5500 or www.compassroserealestate.com and search rental property ID# 9880 to view photos. SURFSIDE Enjoy the manicured gardens or proximity to the beach. Convenient access to shuttle bus, bike path, food stores and restaurants. One of Nantucket’s premier builders created a shingle style main house, and a one bedroom guest cottage on this landscaped full acre. An additional shed serves as an office, playhouse or storage. Outdoor living provides patios, decks, covered porches, shower and hot tub for enjoyment and entertaining. Current approval for a 32' x 16' pool. Finishes include: Custom tile work, beadboard, wainscotting, antique Heart Pine flooring, beamed ceilings, granite and wood vanity and kitchen countertops in the house and cottage. $2,195,000. Jordan William Raveis, 228-4449. Listing Agent: Patience Killen, Cell 325-2625. ON A QUIET SHELL STREET This renovated professionally decorated five bedroom three and half bath home is being offered furnished. Located on one of the most desirable quiet shelled streets in the heart of Sconset. Porch and decks create additional living and entertaining areas. Beautifully landscaped and hedged for privacy. Exclusively listed with Debbie Willett, Coffin & Sconset Real Estate. Call 508325-2964. IN TOWN 4 bedroom 3.5 bath, $1,835,000. Located on a side street in the Historic District, this custom house is a short distance to Main Street and beaches. Private yard and patio, off street parking and panoramic harbor views from the roof walk. Four bedrooms, three and one-half baths, open living room/kitchen/dining space. Linda Bellevue, Congdon and Coleman Real Estate. 508325-5000 x11 (office). 508325-2700 (cell) lindab@congdonandcoleman.com


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