Current Real Estate Roundup - February 13, 2025
David Creed •
This week’s Current Real Estate Roundup includes property transfers from February 6th, 2025 to February 13th, 2025. It is led by the sale of a Burnell Street property for over $6.5 million, the Sparks Avenue Cumberland Farms for over $6 million, and a Hummock Pond Road property spanning over 5.5 acres for over $3.8 million.
54 Burnell Street for $6,600,000 from 54 Burnell LLC to 60 Burnell LLC. The property is 1.80 acres, a dwelling, and a Land Bank fee of $132,000 was paid. The assessed value of the property is $3,371,400.
54 Burnell Street is a five bedroom, three bath home that was built in 1973 and has a total of 10 rooms. It sits in the Sconset neighborhood and has the potential for the addition of a second dwelling on site.
30 Sparks Avenue for $6,250,000 from On Island Center LLC to 30 Sparks Avenue LLC. The property is .65 acres, a business, and a Land Bank fee of $125,000 was paid. The assessed value of the property is $5,900,200.
30 Sparks Avenue, also known as the location of the mid-island Cumberland Farms, has been sold and not only comes with the business, but a single family home/apartment above. The building is approximately 4,000 square feet and sits on a lot that is approximately .65 acres.
The entity that purchased the property, 30 Sparks Avenue LLC, includes a member of the JP Noonan Transportation family, Connor Noonan, whose family owns On Island Gas next door. Noonan says there are no immediate plans other than to keep Cumberland Farms the same as it has been.
The property is located in a very enticing area of the island, across the street from the mid-island Stop & Shop and will be right next to the "new downtown" that will be built in the next few years.
71 Hummock Pond Road for $3,850,000 from Thomas Edwin McGrath and Debra A. McGrath to B.A.C.E. Realty Trust. The property is 5.70 acres, a dwelling, and a Land Bank fee of $77,000 was paid. The assessed value of the property is $3,359,000.
Property Description: "Discover this rare opportunity to own an oversized property perfectly positioned between Cisco and Town, offering southeastern exposure and stunning protected pastoral views. This expansive estate includes a well-designed four bedroom, four and one half bathroom main house with a partially finished basement, and an attached two-bay garage.
"A separate studio on the property provides additional living space with a private deck, open kitchenette, cozy dining and living area featuring a gas fireplace, full bath, and sleeping loft. This flexible space is ideal for guests, a home office, or creative pursuits. An attached, unfinished workshop and a freestanding shed add to the property’s functionality, offering ample storage and workspace.
"Situated within the sewer district and allowing for up to 4,000 square feet of ground cover, this property offers the unique potential to expand or reimagine the space to suit your needs. The combination of pastoral views, convenient access to both Cisco and Town, and versatile structures makes this an exceptional Nantucket offering."
63 Fairgrounds Road for $3,595,000 from 61 Fairgrounds LLC to 63 Fairgrounds LLC. The property is .23 acres, a dwelling, and a Land Bank fee of $71,900 was paid. The assessed value of the property is $1,379,200.
Property Description: "Custom new construction conveniently located to Surfside beaches, Nantucket town, and bike paths. This single family residence boasts a large front covered porch entrance, with five bedrooms and six full bathrooms incorporated into three floors of finished living. High end finishes include oak hardwood flooring, white shaker style cabinets with contemporary trim, quartz countertops, and customized tile suites hand picked for bathrooms and kitchens. This property has remaining ground cover of 750 square feet."
26A Miacomet Road for $2,295,000 from Catherine Mary Raphael to Brian Bernazzani and Meghan Bernazzani. The property is 1.26 acres, a dwelling, and a Land Bank fee of $45,900 was paid. The assessed value of the property is $1,561,900.
23 Goldfinch Drive for $1,800,000 from Beverly N. Knapp to 23 Goldfinch LLC. The property is .16 acres, a dwelling, and a Land Bank fee of $36,000 was paid. The assessed value of the property is $1,779,900.
