Current Real Estate Roundup - August 3, 2023

This week’s Current Real Estate Roundup includes property transfers from July 27, 2023 to August 3, 2023. The real estate market was quite busy this past week with 15 transfers for just under $50 million. It was led by the sale of a Longwood Drive property for over $9 million and a Quaise Road property for just under $6 million, amongst several other expensive purchases.

2B Longwood Drive for $9,300,000 from Islandliving LLC to RTB Management LLC, 2.84 acres, a dwelling, and a Land Bank fee of $186,000 was paid. The assessed value of the property is $1,187,200.

From our sponsor Great Point Properties: "A private three acre oasis on the east side of the island awaits its new owner. This build/design team brings passion and pride to their work and it shows. 10 bedrooms, 11 baths, three powder rooms and a studio spanning over 3 structures - including a two-car garage.

Every interior detail masterfully designed for your immediate enjoyment. Sophisticated finishes, dramatic vaulted ceilings, and fine millwork align to highlight the natural beauty of this setting. Take a dip in your 18 x 42 gunite swimming pool/spa, quick rinse in one of your two outdoor showers, and prepare for your next move to the lounge deck or reprieve from the sun to the covered porch.

Outdoor kitchen and firepit add that evening spark when you return from the beach. Easy to entertain family & friends with ample room for the next generation. Spanning three buildings and over 8,000 square feet of finished interior living to sit back, relax, and enjoy for many years to come. Expertly designed landscape completes this oasis. A private tennis court has been designed and HDC approved."

For more information on this Longwood Drive property, click here.

39 Quaise Road for $5,900,000 from Margaret P. Kelley Trust to Third Point Holdings, LLC, .46 acres, a dwelling, and a Land Bank fee of $118,000 was paid. The assessed value of the property is $6,131,300

From GPP: "Treasured quietude in Quaise. The four bedroom cottage is poised above the water with expansive views up and down Polpis Harbor from Pocomo Point to Coatue and back toward Town.

Surrounding conservation land complements this special hamlet with tranquility and nature. The pre-existing seawall and free standing two-car garage are meaningful assets to the property.

This house was built in 1999 with a full basement foundation. The interior is now open stud and ready for the next owner to refinish."

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

89 Easton Street for $5,000,000 from Barbara May Bowman Revocable Trust to 89 Easton Street Nominee Trust, .13 acres, a dwelling, and a Land Bank fee of $100,000 was paid. The assessed value of the property is $3,943,400.

This Easton Street property is a 10 bed, 13 room property built in 1880. It was newly renovated in 2019 and sold for 100% of its listing price.

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

15 Burnt Swamp Lane for $4,100,000 from John Roe and Katherine B. Roe to Nantucket Islands Land Bank, 11.19 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $948,900.

42B Union Street (a/k/a 42.5 Union Street) for $3,725,000 from Nantucket Union Jack LLC to Alobar Investments LLC, .05 acres, a dwelling, and a Land Bank fee of $74,500 was paid. The assessed value of the property is $2,619,200.

From GPP: "Ideally located near Nantucket's active harbor, the town pier and just moments from Main Street, this home strikes a perfect balance of casual elegance with a unique blend of modern and traditional design elements. While the home lives as three bedrooms, it could easily function as four as the den/library could be converted into an additional first-floor bedroom. This property offers it all with two primary suites, off-street parking, a private porch & patio, and a solid rental income history."

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

14 West Dover Street for $3,510,000 from Kevin M. Silva and Jordan Shea Silva (FKA Elizabeth Jordan Shea) to 14 West Dover Street LLC, .12 acres, a dwelling, and a Land Bank fee of $70,200 was paid. The assessed value of the property is $1,723,400.

From GPP: "This beautifully renovated home is conveniently located just on the edge of Nantucket's historic downtown. The demure facade conceals the spacious and carefully crafted interior. This home has five gracious bedrooms across three floors with custom built-ins throughout. A large patio and in-ground hot tub make outdoor entertaining easy."

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

107R Orange Street for $3,195,000 from Craig E. Marcus & Julie F. Marcus to 107R Orange LLC, .12 acres, a dwelling, and a Land Bank fee of $63,900 was paid. The assessed value of the property is $1,906,900.

From GPP: "107R Orange Street fronts on Back Street, a quiet street in Nantucket’s Old Historic District. This light & bright home was built in 2012 and features a beautifully designed kitchen and combined dining room that provides access to a deck from the French Doors. The spacious living room with high ceilings, gas fireplace and shiplap walls add texture and character to this great space. The half bath and and laundry room are conveniently located off of the living room.

The first floor primary suite encompasses the rear of the house and features a large master bath with soaking tub and separate shower stall. There is access to the side deck and private back yard from the first floor primary suite. There is a storage shed in the back yard and an outdoor shower. The second primary suite is located on the second floor and an additional two guest bedrooms share a full bath. The house was offered fully furnished making this transition to their new home easy!"

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

41 Fair Street for $2,925,000 from Robert Kessler and Donna Kessler to Zeta Real Estate Management IX LLC, .04 acres, a dwelling, and a Land Bank fee of $58,500 was paid. The assessed value of the property is $1,665,500.

2 Center Street (Siasconset) for $2,850,000 from Simon J. Van Den Born and Lisa M. Van Den Born to Kevin M. Smith and Elizabeth E. Smith, .09 acres, a dwelling, and a Land Bank fee of $57,000 was paid. The assessed value of the property is 1,295,600.

From GPP: "'Where the little shingled houses down the little grassy street are grey with salt of sea-winds and the strong sea-air is sweet!' In circa 1910 Bliss Carmen wrote these words as part of a poem named 'Sconset. The Arietta Hussey house originallly dating back to 1814 is the heart of 'Sconset.

Designed by Christopher Peacock, the brand new kitchen is well executed and allows for modern day living. This rambling antique has been fully restored from the ground up and sits on a full pour foundation. Rare for the village, this three bedroom and two bath cottage has a large lawn and parking for two."

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

27 Old South Road for $2,050,000 from Eric T. Santos, Kathleen McIntosh, William F. Santos and Patricia Santos to Twenty-Seven Old South Road LLC, .38 acres, a dwelling, and a Land Bank fee of $41,000 was paid. The assessed value of the property is $819,700.

For photos and information on this property, click here.

22 Hawthorne Lane for $1,900,000 from Amy Piering to Nantucket Islands Land Bank, .31 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,129,867.

7 Square Rigger Road for $1,555,000 from Samuel Traywick to Seven Square Rigger LLC, .21 acres, a dwelling, and a Land Bank fee of $31,100 was paid. The assessed value of the property is $1,147,800.

For photos and information on this property, click here.

36 Arkansas Avenue for $1,120,000 from Estate of Jeffrey J. Grandahl to William Torres Lage and Ana Lage, .16 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $678,000.

For photos and information on this property, click here.

181R Polpis Road for $1,025,000 from Rebecca A. Mack, Trustee of the 181 Polpis Road Realty Trust to Sunlight Dawns Holdings LLC, 3.68 acres, a dwelling, and a Land Bank fee of $20,500 was paid. The assessed value of the property is $42,300.

55 Miacomet Avenue for $750,000 from Mayo R. Funderburg II and Nancy P. Funderburg to David Silva and Eliza Silva, .61 acres, a dwelling, and a Land Bank fee of $15,000 was paid. The assessed value of the property is $1,512,800.