Current Real Estate Roundup - February 27, 2025
David Creed •
This week’s Current Real Estate Roundup includes property transfers from February 20th, 2025 to February 27th, 2025. It is led by the sale of a Pleasant Street property for over $12 million and an Orange Street property for $11 million.
7 Pleasant Street for $12,300,000 from Susan D. Akers to Seven Pleasant LLC. The property is .30 acres, a dwelling, and a Land Bank fee of $246,000 was paid. The assessed value of the property is $7,684,800.
Property Description: "The Isaac Macy home is a stunning example of a federal style home built in 1822 and owned by a Nantucket merchant family. Over the past four decades, the current owners have enjoyed the property as a summer retreat. The property is located on a prominent block of Pleasant Street on an oversized and beautifully landscaped site.
"The main house enjoys considerable space and balances the combination of modern open living off the rear of the house that overlooks the gardens as well as retaining the many elegant original details. There are beautiful terraces, lawns, gardens, and a water feature that leads to a spa.
"The guest house is a fully equipped two-bedroom home built in the late 1990s and is a wonderful retreat for friends and family. In addition to off-street parking for multiple cars, an oversized two-car garage is attached to the guest house."
This home features seven bedrooms, eight full bathrooms, and three half baths. Built in 1822 and renovated over 170 years later in 1998, the home features central A/C, an outdoor shower, hot tub, outdoor patio, and other amenities. It was listed on the market for $13,750,000 - selling for approximately $1.45 million less than asking price.
39 Orange Street for $11,000,000 from Richard J. Glidden, Trustee of ACK5 Realty Trust to 39 Orange LLC. The property is .20 acres, a dwelling, and a Land Bank fee of $220,000 was paid. The assessed value of the property is $5,355,000.
Property Description: "39 Orange Street is a masterclass in architectural ingenuity, where stunning renovation seamlessly blends historic charm with modern luxury. This sun-drenched, lovingly cared for & maintained in-town home showcases the elegance of an historic stately captain's home combined with the desired amenities of today's discerning buyers.
"With seven bedrooms and eight and one half bathrooms in the main house, along with a one bedroom guest cottage at 2 Plumb Lane, this significant property is prominently situated on an oversized lot at the corner of Orange Street and Plumb Lane - offering approximately 6,000 square feet of living space in the main house and 460 square feet in the private cottage/party barn.
"The craftsmanship and attention to detail throughout the home are remarkable, with high ceilings, exquisite moldings, antique king pine original floors, multiple fireplaces and a wine cellar among the features that add to its allure. The finished basement provides additional space for recreation or relaxation.
"Located in Nantucket's highly sought after Historic District, this property offers off-street parking and substantial room to grow with remaining ground cover. Its coveted location on upper Orange Street provides both privacy and proximity to downtown Nantucket."
Built in 1830, this home last sold for $2,695,000 in 2010. It features eight bedrooms, seven full bathrooms, and two half baths.
54 Old South Road Unit C for $825,000 from Lawrence Maury and Michelle Maury to 54OSR LLC. The property’s acreage is N/A, a dwelling, and a Land Bank fee of $16,500 was paid. The assessed value of the property is N/A.
54 Old South Road Unit E for $825,000 from Lawrence Maury and Michelle Maury to 54OSR LLC. The property’s acreage is N/A, a condominium, and a Land Bank fee of $16,500 was paid. The assessed value of the property is N/A.
80 Somerset Road for $702,465 from Dawn L. Dugan to Sindy M. Rivera and Christian J. Rivera. The property is .21 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $730,006.
11 Equator Drive, Lot 112 for $360,000 from Shawn E. Davis to Kevin Gordon and Karleen Thompson. The property’s acreage is N/A, vacant land, and a Land Bank fee was exempt. The assessed value of the property is N/A.
