Current Real Estate Roundup - April 17, 2025
David Creed •
This week’s Current Real Estate Roundup includes property transfers from April 10th, 2025 to April 17th, 2025. It is led by the sale of the White Heron Theatre for over $9 million, a Cornish Street property for $3.5 million, a Sunset Hill Lane property for over $3 million, and a 1920s Sconset home for just under $2 million.
5 North Water Street for $9,485,000 from Nantucket Theatre Project LLC to Nantucket Performing Arts Center Inc. The property is .17 acres, a business & dwelling, and a Land Bank fee was exempt. The assessed value of the property is $8,720,900.
5 North Water Street is also known as the location of the White Heron Theatre in downtown Nantucket. It was sold last Friday morning and as mentioned above, the buyer was the Nantucket Performing Arts Center, Inc., a group led by former White Heron Theatre board members including summer resident and 'Sconset homeowner Chris Bierly. You can read the full story on this real estate transaction here.
3 Cornish Street for $3,500,000 from MVB Living Trust to Jan Tucket Holdings LLC. The property is .12 acres, a dwelling, and a Land Bank fee of $70,000 was paid. The assessed value of the property is $3,299,100.
Property Description: “Tucked into a quiet corner of Brant Point, this delightful five-bedroom home offers the perfect summer retreat, boasting a welcoming front porch with vibrant seasonal blooms. A spacious entryway with cathedral ceilings, and an open floorplan with French doors leading to a private patio and private backyard yard. The large primary bedroom is on the main floor at the back of the house. Enjoy the convenience of Brant Point, Jetties, and Children's Beaches, and it's just a short hop to the heart of downtown. Fabulous nearby restaurants include The Breeze, LOLA 41 and The Brant Point Grille.”
For more photos and information on this property courtesy of our sponsor, the Maury People, click here.
4 Sunset Hill Lane for $3,200,000 from ACK 4 Sunset Hill LLC to Grace Properties ACK LLC. The property is .07 acres, a dwelling, and a Land Bank fee of $64,000 was paid. The assessed value of the property is $2,245,800.
Property Description: “Perched on Sunset Hill Lane, this home benefits from a prime town location on a one-way street. Pop to town in moments with Something Natural, Steps Beach, and Lily Pond Park just a few of the destinations along the way. For history enthusiasts this property is on the same street as Nantucket’s oldest house and some of the historical features of this home include unique crown moldings throughout. Existing floor plan with high ceilings offers incredible potential to fully renovate and create your ideal interior aesthetic. Existing walkout basement at grade, attached garage, and space for two tandem parking places.”
22 Washaman Avenue for $2,850,000 from Jeffey N. Alter and Cheryl Alter to The Christine M. Kinney Revocable Trust. The property’s acreage is N/A, a dwelling, and a Land Bank fee of $57,000 was paid. The assessed value of the property is $1,969,000.
Property Description: “A very rare opportunity to own a five bedroom, four and a half bathroom home with three finished floors in the desirable & picturesque Nashaquisset community - located just five minutes from town and a short distance to Surfside, Miacomet, and Cisco beaches. "Our Pleasure," a Gardner model, has only been owned by one family and is as inviting as it sounds. Offered fully furnished and central AC throughout the property. As a Nashaquisset owner, you'll enjoy access to club amenities including a heated pool, har-tru tennis courts, weekly movie nights by the pool in the summer, and year-round management & landscaping services. Excellent rental history. Make this cheerful & welcoming home your own.”
12 West Sankaty Road for $1,950,000 from 12 West Sankaty LLC to Nessan Bermingham. The property is .10 acres, a dwelling, and a Land Bank fee of $39,000 was paid. The assessed value of the property is $1,605,700.
Property Description: “The required permits and plans have been acquired to transform this 1920s Sconset bungalow into a two-level home with three bedrooms and three bathrooms. This property, being sold in its current condition, is conveniently situated just a short distance from the quaint Sconset Village and the picturesque Codfish Park beach. With renovations already begun, this home awaits your personal touch.”
9 Gay Street for $1,875,000 (50% membership interest) from Nantucket Sandpiper LLC to Nantucket Sandpiper LLC. The property is .07 acres, a dwelling, and a Land Bank fee of $37,500 was paid. The assessed value of the property is $3,641,300.
Property Description: “This four bedroom, four bath home is located just steps from the historic district of downtown Nantucket. There is off street parking, a tasteful blue stone patio and attractive garden. The house has historical significance not from the whale-ship captain who built it, Obed Swain, but from his wife, Harriet Swain. Harriet was a Petticoat Whaler, one of the few women who accompanied their husbands on the ship during whaling voyages. The house was updated and renovated in 2011 by Cheney Brothers, with redesign by Emeritus Development.”
24B Evergreen Way for $284,000 from Richmond Great Point Development LLC to Martin Ali and Bilyana Angelova-Alie. The property is .24 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,656,000.
