Current Real Estate Roundup - July 24, 2025

This week’s Current Real Estate Roundup includes property transfers from July 17^th, 2025 to July 24^th, 2025. It is led by the sale of a Derry Lane and Derrymore Road property for over $9 million combined, an East Hallowell Lane property for over $6 million, and a piece of vacant land for over $5.5 million.

8 Derry Lane and 22 Derrymore Road for $9,375,000 from Estate of Charles John Gardner Sr. to Grey Lady Capital LLC. The property’s acreage combined is 1.04 acres, both are dwellings, and a Land Bank fee of $187,500 was paid. The assessed value of the properties combined is $4,060,400.

Property Description: “This rare oversized lot is located in R-1 zoning on a quiet lane off Cliff Road and enjoys pastoral western views overlooking Land Bank property, ensuring protected vistas on the adjacent land. There is a Planning Board endorsed two-lot approval-not-required subdivision. Connection to Town Sewer is located on Paul Jones Road. The 1969 ranch-style house has a single-lined oil tank and original septic system and is being offered as is."

1 East Hallowell Lane for $6,425,000 from Sachem Corner LLC, John N. Reed, Michael Z. Reed, Stephen M. Reed and Judith Norris to Edelweiss Hallowell LLC. The property is .33 acres, a dwelling, and a Land Bank fee of $128,500 was paid. The assessed value of the property is $4,448,400.

Property Description: "A timeless classic off Cliff Road. Poised on a rise of land between Hinckley Lane and Gosnold Road close to Nantucket Sound beaches and convenient to Town. Authenticity is part of the allure. True to the character of a classic summer cottage, "Sachem Corner" sits on a on 14,300 square foot lot with room for expansion."

19 Sherburne Turnpike Lot 8 for $5,900,000 from Sherburne Turnpike Nominee Trust to 19 Sherburne Turnpike Nominee Trust. The property is .53 acres, vacant land, and a Land Bank fee of $118,000 was paid. The assessed value of the property is $5,216,400.

Property Description: "LOCATION, LOCATION, LOCATION! One of the last remaining vacant lots near Lincoln Circle. This 22,859+/- square foot lot has recently been cleared and measures approximately 85' x 260'. Utilities located on Sherburne Turnpike. HDC-approved plans by WorkshopAPD for a 6,091 square foot main house, garage w/studio above totaling 1000 square feet, pool and shed."

26B Milk Street for $2,485,000 from 26 Milk Smiley LLC to Cedar & Stone HS LLC. The property’s acreage is N/A, a dwelling, and a Land Bank fee of $49,700 was paid. The assessed value of the property is N/A.

12B Greglen Avenue for $2,450,000 from Nantucket Eat LLC to Working Wombats LLC. The property is .24 acres, a dwelling/business, and a Land Bank fee of $49,000 was paid. The assessed value of the property is $1,872,600.

10 South Pasture Lane for $1,925,000 from Albert Gird & Carol Ann Gird to Badlands Investments LLC. The property is 1.84 acres, a dwelling, and a Land Bank fee of $38,500 was paid. The assessed value of the property is $2,398,900.

Property Description: "Amazing opportunity. Three Bedroom passive solar, income-producing house and shed located on a recently created 40,024 square foot wooded lot at the end of a quiet dead-end lane near Surfside. Long year-round rental history. A total of 2,800 square feet of ground cover permissible on the lot. Approved eight-bedroom septic design and accepted Town water application in hand. New systems to be installed and connected at seller's expense."

9 Goldfinch Drive for $1,900,000 from Noah J. Karberg and Jennifer M. Karberg to Town of Nantucket. The property is .13 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,413,700.

Property Description: "Conveniently located in Naushop, the house boasts an updated kitchen (2014), three full bedrooms and bathrooms (two of which are ensuite), a flexible open living, dining, and kitchen area, and a partially finished basement with a game-room, laundry and storage zones; and a new roof (2019). This property has a private yard with a storage shed and access to the community pool and tennis courts."

16A Milestone Road for $1,890,000 from Susan Stickney Rohrer, Trustee of the Susan Stickney Rohrer Living Trust to Siasconset House LLC. The property’s acreage is N/A, a dwelling, and a Land Bank fee of $37,800 was paid. The assessed value of the property is $1,004,100.

5 Sandplain Drive for $625,000 from Richmond Great Point Development LLC to Jesus Alcides Guevara. The property is .11 acres, vacant land, and a Land Bank fee of $12,500 was paid. The assessed value of the property is $309,100.

54R Union Street for $611,000 from 54A Union Street to Mason Gilbey. The property is .06 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $833,100.

4B Witherspoon Drive for $480,000 from Susan Renzulli to Joseph Renzulli. The property’s acreage is N/A, a dwelling, and a Land Bank fee of $9,600 was paid. The assessed value of the property is $1,184,000.

31 Fairgrounds Road for $396,980 from NHA Properties Inc. to Nantucket Islands Land Bank. The property is .64 acres, vacant land, and a Land Bank fee was exempt. The assessed value of the property is $94,100.