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Nantucket by the Numbers

Volume 13 • Issue 2 • Early Summer 2021

NAREB Directory . . . . . . . . . . . . . . . . . . . . . .2 NAREB Welcome . . . . . . . . . . . . . . . . . . . . . .4 Summer Events . . . . . . . . . . . . . . . . . . . . . . .7 Nantucket by the Numbers . . . . . . . . . . . . .8 Nantucket Icon Returns to Main St. . . . . . .36 Broker Directory . . . . . . . . . . . . . . . . . . . . . .83

Sales: Corinne Gif n

nantucketrealestatebook@gmail.com 508.228.9165 Editorial: Suzanne Daub

nantucketrealestatebook@gmail.com Design: Sarah Morneau

Cover photo by Eleanor Hallewell

Nantucket Home Real Estate News & Property Listings is a publication of the Nantucket Association of Real Estate Brokers (NAREB), published four times a year. The print version is distributed free on Nantucket & elsewhere; the digital version is available at NantucketRealEstateBook.com. All contents of this magazine, including without limitations the design, advertisements, photos, & editorial content, are copyrighted 2021 by Coastal Internet Access, Inc (CIA, Inc.). No portion of this magazine may be copied, reprinted, or reproduced in any form without express written permission of CIA, Inc.

nantucket HOME

Real Estate News & Property Listings

Current Issue: Volume 13 • Issue 2 • Early Summer 2021

R eal E sta te New s & P rop erty Li stin gs c om plim e n ts of N AR EB nantucket HOME Vol 13 Issue 2 Early Summer 2021

M E a rly Su m m er 2021 V o l 13 Is s u e 2

Real Estate News & Property Listings

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For inquiries about our publishing schedule and details on advertising, email Corinne at nantucketrealestatebook@gmail.com. To tell us what you might like to see in Nantucket Home, please email to Suzanne Daub at nantucketrealestatebook@gmail.com.

Here are some of our favorites and regularly scheduled summer events. For an up-to-date calendar of daily events, visit Nantucket.net, the Insiders Guide to Nantucket.

Festival Season

Nantucket Comedy Festival: July 15-17 This annual summer event brings top comedic talent to Nantucket to benefit Stand Up & Learn program for island kids. The 2021 festival includes a Kids’ Night, Ladies’ Night, Legends of Comedy, and the Boston vs. NY Comedy SmACKdown, & more. NantucketComedyFestival.org

Nantucket Garden Festival: July 13-15 This festival highlights the unique and beautiful garden ecosystems on Nantucket and focuses on the importance of sustainability, conservation & gardening ethics. It celebrates gardening through creative workshops for all ages, garden tours, and family activities. AckGardenFestival.org

Nantucket Dance Festival: July 20-24 at Children’s Beach The 14th Annual Dance Fest features live performances on an outdoor stage. The Nantucket Dance Festival is a major fundraiser for the Nantucket Atheneum. Tickets at NantucketAtheneum.org

Live Music for All Ages

Concerts at the Beach... The Town of Nantucket presents outdoor concerts at the bandstand on Children’s Beach from June 20-August 8 from 6 pm: June 20 - Susan J. Berman and Ray K. Saunders June 27 - 4 EZ Payments

July 11 - Foggy Roots uJuly 25 - Coq au Vin August 1 - Steve Tuna and Friends August 8 - Chris Hanson S F and...

Live music outdoors at Cisco Brewery: 5 Bartlett Farm Rd. Local live music in The Rose & Crown, 23 S. Water St.

Theatre

White Heron Theatre - whiteherontheatre.org Making theatre truly transformative with classical, contemporary, and new plays that speak to audiences in timeless ways.

Cape Cod 5 is here to support your banking needs today and every day.

Mortgage • Personal Banking Business Banking • Wealth Management

Call us today or visit us at www.capecodfi ve.com

Theatre Workshop of Nantucket - theatrenantucket.org Community theater dedicating to enriching, educating, and challenging artists and audiences of all ages.

www.capecodfi ve.com 508-228-1255

U.S. PRESIDENTS WHO VISITED NANTUCKET

We thank the Nantucket Historical Association for the historic photos reprinted here and for nearly all of the information. Many of these details are from an article by Erik Ingmundson printed in the Winter 2010 issue of Historic Nantucket. https://nha.org/research/nantucket-history/historic-nantucket-magazine/the-presidential-issue If you include being on the presidential yacht docked in Nantucket waters as “visiting,” then 8 US Presidents have visited Nantucket Island since 1835.

John Quincy Adams, our 6th president who served from 1825-1829, visited in September of 1835.

He and his son spent an afternoon on-island with James Athearn. They spent one night in a hotel on Main Street called Washington House that was owned by Athearn and run by Elisha Starbuck. The next night they stayed at lodgings offered by Betsey Cary in Siasconset.

Ulysses S. Grant, our 18th president who served from 1869-1877, visited in August of 1874.

He arrived August 28th on the steamship River Queen, and disembarked at about 10am to enthusiastic cheers... “As the party fairly turned into the Main street the carriages passed between two lines of children from the Sunday schools, who gleefully waved their handkerchiefs and fairly stormed the Presidential carriage and its occupants with bouquets.” —I&M

President Grant and his party feasted on turkey, chicken, roast beef, lamb, ham, tongue, salads, lobster, dessert, fruit, wine jellies, and ice cream at the Ocean House (now the Jared Coffin House). As he returned to the steamship, Mr. Sanford briefly lost control of the horses pulling the carriage in which the president was riding. Once control was regained, President Grant opted to “trust their feet for the remainder of the distance.” —I&M

Woodrow Wilson arriving Woodrow Wilson arriving in September of 1917 in September of 1917

Chester A. Arthur, our 21st president who served from 1881-1885, visited in September of 1882.

He arrived at Steamboat Wharf at 12 noon on September 7. President Arthur called on several residents, stopped by the Pacific Club Rooms, and traveled to Surfside on the Nantucket Railroad. Upon returning to town, he visited the Atheneum and then returned to the home of F.C. Sanford. He left that evening at 5pm.

Benjamin Harrison, our 23rd president who served from 1889-1893, visited in August of 1890.

President Harrison traveled to Nantucket aboard the naval flagship Baltimore and arrived unannounced. “Shortly after noon the President…came on shore, and…took a short drive about town, and then to Siasconset, where a call was made at the residence of Senator Spooner.” —I&M

Woodrow Wilson, our 28th president who served from 1913-1921, visited in September of 1917.

He was traveling aboard the presidential yacht Mayflower with his wife. They visited Nantucket to see their grandchildren and daughter, Frances B. Sayre, who had a summer cottage in Siasconset. The Nantucket School Superintendent dismissed students early that day to see the president. The president and his entourage departed from the Athletic Club pier at about 10 pm, where crowds gave him a “rousing ovation.”

Franklin Delano Roosevelt, our 32nd president who served from 1933-1945, anchored his yacht Amberjack II in Nantucket Harbor in June of 1933.

His cruise to his summer home in Campobello was rerouted due to a storm. President Roosevelt did not come ashore, but his son James did and toured the Whaling Museum.

John F. Kennedy, our 35th president who served from 1961-1963, anchored his yacht Honey Fitz in Nantucket Harbor in 1963.

President Kennedy did not step foot on the island, but his children John and Caroline did come ashore with Secret Service, and they toured the Whaling Museum and stopped for ice cream.

William Jefferson Clinton, our 42th president who served from 1993-2001, visited in August of 1999.

President Clinton and Hillary Clinton visited the home of Bob Matthews and attended a fundraiser for Hillary Clinton’s campaign for U.S. Senate held at the Bagley home.

U.S. PRESIDENTS WHO VISITED NANTUCKET BEFORE THEY WERE ELECTED PRESIDENT INCLUDE:

President Donald Trump, our 45th president, 2017-2021

Visited in 2016 for a campaign fundraiser

President Joseph Robinette Biden, our 46th president, 2021-

President Biden and his family have visited Nantucket every Thanksgiving for nearly 40 years, since 1975. For many of those years, Biden (first as Senator then as Vice President) attended the Nantucket Tree Lighting on Main Street and participated in the Cold Turkey Plunge fundraiser for the Nantucket Atheneum at Children’s Beach.

Franklin Roosevelt aboard his yacht Amberjack II, anchored in Nantucket Harbor in June of 1933. John F. Kennedy and his presidential yacht Honey Fitz in Nantucket Harbor in 1963. Then Vice President Biden departs Nantucket Memorial Airport after a Thanksgiving visit in 2014.

Town

24 & 26 Old North Wharf | $10,250,000 | 4 BR, 3 BA, 5 Slips Town

13 Commercial Street | $ ,000 | 2 BR, 2.5 BA

Dionis

17 Ranger Road | $3,950,000 | 5 BR, 4.5 BA, 2.1 Acres Wauwinet

1 Old Quidnet Milk Route | $3,750,000

Town

2 Francis Street | $3,250,000 | 5 BR, 4.5 BA

Recognized as the #1 Luxury Brokerage by Leading Real Estate Companies of the World of the Boston Red Sox Wauwinet

14 Plover Lane | $1,395,000 | .92 Acres

Robert Young

Broker Associate 508.325.1571 Robert.Young@raveis.com RobertYoung.raveis.com

137 Offices 4,400 Sales Associates $16 Billion in Annual Sales 9 States - CT, FL, MA, ME, NH, NJ, NY, RI, VT

Cliff • $13,500,000

beach path

One of Nantucket’s most coveted locations on the North Shore between Hinckley Lane and Gosnold Road with magnificent ocean views. Protected by surrounding conservation land and complimented by a deeded beach path only moments away. Private acre is bordered by mature privet with lush gardens and manicured lawn. Fabulous ocean views across Nantucket Sound.

Carolyn Durand, 508-566-4713 Maya Kearns, 508-517-8039

Monomoy • $14,995,000

This is a rare opportunity to acquire an 11+ acre property with spectacular harbor views. This Monomoy location is one of the most exclusive on island and is still located close to Town, shopping, and conveniences. Enter the private and serene setting from a highly elevated vantage point with rolling landscape spilling down towards the harbor front. Picture an impressive compound with main house, cottage, pool, and tennis court all taking advantage of a view that is a moving picture of Nantucket Harbor by day and dramatic sunsets by night. This offering can be subdivided into 3 Optimize the current structures on the properties or start fresh with a brand new vision.

Bruce Beni, 508-280-6131

24 N CAMBRIDGE STREET

Madaket • $4,650,000

This is Nantucket summer living at its sailing, you can do it all with deeded harbor front access right out your door. After a day at the beach, come back to your home for an afternoon swim or relax in the screened in porch while waiting for the best location on island for sunsets! The 4 bedroom home has been masterfully executed by Norton Preservation Trust with many custom details throughout as well as taking advantage of the surrounding water views. Tucked away in the Little Neck area and surrounded by Conservation land, the property offers much privacy but is also conveniently located nearby the bike path with easy access to town! This is a perfect island compound and is not to be missed!

Cliff • $10,700,000

Dreaming of a compound in the Cliffarea? Then look no further this oversized, half-acre multi-lot property is one of the last remaining parcels of its size in the Lincoln Circle area. The property includes over half an acre of land; zoning allows for up to 7300 square feet of ground cover including multiple dwellings, a pool, and outbuildings. The depth and width of the property coupled with a private lane along one side, ensure privacy for the most discerning owner.

Liza Ottani, 508-566-3894

126 MAIN STREET

Town • $4,600,000

Extraordinary opportunity on Upper Main Street. Retain the 11,470 sf property as is to create a rare family compound in town or take advantage of the unique ability to subdivide the property, via an 81L subdivision, into two oversized conforming lots in the historic district. This charming antique home has been passed down through generations of the same family since 1820. Per the NHA and Clay Lancaster’s book “The Architecture of Historic Nantucket” , it is “believed that this dwelling was built before the Revolution and moved to its present location from Old Sherburne.” Featuring 4+ bedrooms, 3 full baths, a formal living room, formal dining beautiful yard.

Jeff Lee, 508-648-6987 Mimi Huber, 508-325-2073

Town • $6,995,000

A stunning renovation on coveted Upper Main Street. This remarkable property exudes all the charm and integrity of historic downtown without any of the compromises that come with historic structures. This recently completed renovation boasts fabulous space for entertaining and a truly light and airy feeling from each plumbed and laid out for numerous future uses. The large yard has a southern exposure with bluestone patio just off the kitchen for entertaining. 134 Main Street awaits a new owner to enjoy gracious living in this highly desirable location.

Bruce Beni, 508-280-6131

71 ORANGE STREET

Town • $4,295,000

Beautifully renovated 19th century home on a sunny corner with easy access to Main Street. The property was expertly maintaining antique details while incorporating modern amenities. A large private yard with two off-street parking harbor views from the roof walk. Room to expand or build a secondary dwelling/garage or cottage. An elegant occupancy.

South of Town • $3,250,000

Transformed in 2016 to feature beautifully opened spaces with a tailored design and contemporary re-envisioned the layout and elevated This location offers the perfect balance of close to Town with the reward of tranquility and open space. Five bedrooms, four and a half baths.

Carolyn Durand, 508-566-4713

39 MEADOW VIEW

South of Town • $3,295,000

This attractive property is located in a tranquil, pond-front setting in the desirable Hussey Farm neighborhood. The property consists of nearly one acre of land and pond, a remodeled four-bedroom dwelling PLUS a separate Garage/ Studio building that features a heated one-car garage, a half-bath and a spacious shower/bathroom. The property offers privacy, scenic views, formal gardens, landscaping and two sheds. Amenities are of high quality and move-in condition. The Hussey Farm neighborhood is serviced by town water and sewer, private roads, a NRTA bus stop and nearby access to popular bicycle paths.

Sconset • $2,745,000

This elegant Sconset home is located on prestigious Baxter Road with stunning “front row” views of Sankaty Golf Course. Home boasts 3 levels of living space including finished walk-out lower level with large family room, 1 large en-suite guest room, additional guest bedroom, laundry room and storage. Upstairs the panoramic view steals the show, with glimpses of Sankaty Lighthouse from the wrap-around decks. Lovely living/dining room with fireplace, updated kitchen with granite and breakfast bar, separate study and additional guest room with separate full bath. 2nd floor showcases dual master suites, each with private balcony overlooking golf course and master bath with soaking tub, shower and closets.

Shellie Dunlap, 508-901-9890 Dan Dunlap, 508-257-1152 Joe Lloyd, 617-781-1897

114 BAXTER ROAD

Sconset • $1,475,000

This charming Sconset home is a 3 bedroom, 3 bath post and beam design overlooking Sankaty Golf Course. Situated on popular Baxter Road, the home features 3 levels of out lower level with family room, kitchenette and guest bedroom a Master Suite with door to private deck overlooking golf course and an additional guest bedroom. The kitchen with many windows and door to deck showcasing panoramic golf course views and glimpses of Sankaty Lighthouse. Easement to park one vehicle at top of stairs off Baxter Road is included.

Shellie Dunlap, 508-901-9890 Dan Dunlap, 508-257-1152 Joe Lloyd, 617-781-1897

Town • $2,550,000

Charming and renovated antique home in the heart of downtownNantucket. Located one block from Great Harbor Yacht Club and just a few blocks from Main Street, you have all Nantucket has to offer at your fingertips. This beautiful property has three ensuite bedrooms, a large updated kitchen with access to spacious bluestone patio, yard with mature landscaping, and two off-street parking spaces.

Hal Herrick, 508-325-1575

86 CLIFF ROAD

Cliff • $2,575,000

This charming home is being updated and will be ready for plan will include 3 bedroom suites and a full walk out basement. The highly sought-after location on the corner of Pilgrim and Cliff Road provides easy access to Town, North Shore Beaches, and The Westmoor.

Sconset • $2,995,000

Custom built 5 bedroom, 4.5 bath home in desirable Sconset

location. This Botticelli & Pohl

design features hardwood floors throughout, a custom kitchen, and many high-end details. Located just minutes to Sconset village, the beach, and bluff walk.

Shellie Dunlap, 508-901-9890 Dan Dunlap, 508-257-1152

75 BAXTER ROAD

Sconset • $2,195,000

This quintessential Baxter Road ‘Sconset home offers panoramic views of the Atlantic Ocean from every room! Enjoy a front row seat of the sunrise and the ocean breeze with your morning coffee under the spacious, east facing covered porch. Newly renovated ‘chef’s kitchen’ with high end appliances all accented with a beautiful, custom hand car garage with large custom wood location just a short distance to the Sconset Casino, Sankaty Golf Club and Beach Club. If you are looking for a memorable summer experience with friends and family, look no further than this Baxter Road gem!

The Supplement has gone DIGITAL

Updated Every Tuesday

New Listings & Weekly Sales Transactions Island Wide

leerealestate.com/supplement

Powerful Research, Insightful Thinking

In a market more dynamic than ever before, information is power. It’s knowing the bigger picture trends and having a pulse on the day-to-day nuances of the market to understand where it may be headed. In addition to my monthly market report, here’s what I’m tracking to help clients navigate this market:

• Historic & projected inventory levels by price point • Multiple-bid strategy & analysis • Current factors influencing future pricing

View from 23 Orange Street

125

INVENTORY TOTAL FOR ALL PROPERTY TYPES -57% FROM 2020

18

NUMBER OF $2M - $3M HOMES FOR SALE -63% FROM 2020

$714 MILLION

TOTAL SALES VOLUME +158% FROM 2020

$1,479/1000 FEET

YOY INCREASE IN LUMBER PRICES +339% FROM 2020

JULY

WHEN INVENTORY TYPICALLY PEAKS AUG/SEPT PROJECTED FOR 2020

23 Orange Street

5 Beds | 5 Full + 2 Half Baths $4,895,000

110A Orange Street

1 Bed | 1 Bath $975,000

JEN ALLEN

Principal Broker 508.332.0568 (c) | jen@fishernantucket.com | fishernantucket.com

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