Current Real Estate Roundup - August 22, 2024

This week’s Current Real Estate Roundup includes property transfers from August 15, 2024 to August 22, 2024. It is led by the sale of a Shimmo Pond Road property for nearly $16 million, a Polpis Road property for over $7 million, and a Vestal Street property for over $6 million.

28 Shimmo Pond Road for $15,950,000 from Estate of Laura Thomas Bank to Dream North LLC. The property is .81 acres, a dwelling, and a Land Bank fee of $319,000 was paid. The assessed value of the property is $10,547,900.

From our sponsor, Great Point Properties: “Embrace the unparalleled beauty of Nantucket with this remarkable property located at 28 Shimmo Pond Road. Revel in breathtaking views of Nantucket Harbor, Pond, and Ocean from this elevated vantage point. Designed to maximize the panoramic vistas, the main house boasts strategic window placements capturing the essence of coastal living. Surrounding the home are enchanting rock walls and meticulously manicured perennial gardens, providing a burst of color throughout the summer months.

“A separate guest studio above a one-car garage offers additional space and privacy. Multiple decks and patios dotted around the property create inviting outdoor retreats, perfect for unwinding amidst the island's natural splendor. Gaze across Rest House Pond to the head of Nantucket Harbor from your private sanctuary. Follow a tranquil path down the gentle slope to adjacent conservation land, featuring a serene pond and quaint dock, teeming with diverse birdlife and wildlife."

“Enjoy unrivaled privacy enveloped by conservation land on two sides of the property. Benefit from deeded harbor rights to the Shimmo Pond Association access, just a short stroll away, adding to the allure of this extraordinary offering in Nantucket real estate.”

For more photos and information on this property, click here.

81 Polpis Road for $7,150,000 from Maury Associates Inc., to SavannahjACK LLC. The property is 1.18 acres, a dwelling, and a Land Bank fee of $143,000 was paid. The assessed value of the property is $4,023,600.

From GPP: “Welcome to this stunning home, where luxury and comfort come together seamlessly. As you enter from the charming front porch, you are greeted by a foyer that leads to the spacious living room, complete with two-story ceilings that create an airy and open feel. Step through the double-sliding doors onto the back porch and take in the beauty of the pool, patio, and beyond. The master bedroom suite is a true oasis, featuring a large bathroom with dual vanities, a water closet, a soaking tub, and a frameless glass shower with access to a private outdoor shower."

“The kitchen is a chef's dream, with ample counter space for meal prep, a sub-zero refrigerator that is paneled to match the cabinetry, and a center island with a stone top and stool seating. The adjacent dining area is the perfect place to gather with loved ones, boasting a large picture window that offers stunning views of the pool, raised spa, stone fire pit, and lush lawn. Whether you're looking to entertain or relax, this home has it all.”

For more photos and information on this property, click here.

11 Vestal Street for $6,200,000 from Roy C. Gustaveson and Joan E. Gustaveson, Trustees of Gustaveson Family Trust to 11 Vestal Street Realty Trust. The property is .18 acres, a dwelling, and a Land Bank fee of $124,000 was paid. The assessed value of the property is $3,789,400.

From GPP: “Beautifully renovated house, cottage and garage on a quiet street in the heart of town. Beautiful gardens, oversized lot.”

For more photos and information on this property, click here.

24 Wanoma Way for $4,150,000 from Thomas Wood Revocable Trust and Emily G. Wood Revocable Trust to Kathryn Wagner. The property is .11 acres, a dwelling, and a Land Bank fee of $83,000 was paid. The assessed value of the property is $3,694,000.

From GPP: “’Never Goin' bACK’ because the beach is calling you from every direction. Sweeping views of the Atlantic Ocean from this custom built four bedroom and four bath home. Enjoy peace and quiet on the eastern part of the island from your deck or take the steps to the beach. Furnished and ready to go.”

For more photos and information on this property, click here.

25 Union Street for $2,365,000 (50%) from Bradford P. Didriksen and Michael W.E. Didriksen to Stephen P. Didriksen and Katherine Didriksen Barone. The property is .14 acres, a dwelling, and a Land Bank fee of $47,300 was paid. The assessed value of the property is $4,733,700.