Current Real Estate Roundup - May 1, 2025

This week’s Current Real Estate Roundup includes property transfers from April 24th, 2025 to May 1st, 2025. It is led by the sale of one Parker Lane and one Fairgrounds Road property sold together for a combined value of over $6 million, a Madaket Road property for over $5 million, and an Ocean Avenue property for $5 million.

10 Parker Lane and 55 Fairgrounds Road for $6,400,000 from Margaret G. Feindel, Scott D. Feindel, and Scott C. Feindel, Trustees of Feindel Nominee Trust to The Town of Nantucket Affordable Housing Trust Fund. The properties combined are 2.06 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the properties combined is $2,306,500.

You can read more about this real estate sale from the Current's original reporting here.

21 Madaket Road for $5,450,000 from Panther Holdings LLC to 21 Madaket Road LLC. The property is .37 acres, a dwelling, and a Land Bank of $109,000 was paid. The assessed value of the property is $3,801,100.

Property Description: “Discover the ultimate turn-key living at 21 Madaket. This fully furnished, four-bedroom home is move-in ready, offering a perfect blend of relaxed coastal elegance and refined decor. Nestled on the edge of Town, the location offers unmatched convenience—leave your car at home and take advantage of the bike and walking path across the street, just a stone's throw to the top of Main Street. Enjoy the convenience of grabbing a coffee, shopping in the afternoon, and dining at any of Nantucket's excellent restaurants. The outdoor space is a private retreat featuring a stunning pool, spa with a water feature, and fire pit, perfect for both relaxation and entertaining. With quick access to both South and North shore beaches, this property truly captures the essence of all that Nantucket has to offer."

For more photos and information on this property, follow this link to the Maury People’s website.

21 Ocean Avenue for $5,000,000 from Pamela Dyer Hamilton to Cottage Club LLC. The property is .13 acres, a dwelling, and a Land Bank fee of $100,000 was paid. The assessed value of the property is $5,097,100.

Property Description: “Iconic Rudder Grange is a historic treasure located on one of ‘Sconsets most picturesque avenues. With deep blue sea views from nearly every window, this classic beach house exudes charm and embodies summer living. The front covered porch provides for both dining and living activities perched high above the streetscape to watch the world go by. Five bedrooms and two full bathrooms, enjoy a recently renovated kitchen, newly refinished original hardwood floors, and fresh interiors. Other features include adjacent garage, first floor bedroom, and rear side yard to catch the afternoon sun. This property is being offered fully furnished."

52 Essex Road for $1,775,000 from Gary A. Winn to NCHWU LLC. The property is .12 acres, a dwelling, and a Land Bank fee of $35,500 was paid. The assessed value of the property is $1,182,000.

Property Description: “This adorable duplex has endless living and rental opportunities. Live on one side, rent the other, or rent both units. This is an excellent income -producing property. Each unit has three bedrooms, two and a half bathrooms, a full kitchen, and two living spaces. The outdoor areas consist of a private deck and a small yard at the rear for each unit, plus a shared relaxing front porch. The low-maintenance gravel parking area offers ample off-street parking for the building. Ideally situated mid-island, this home is conveniently located close to Nantucket Public Schools, the hospital, shuttle bus stops, and shopping."

23 West York Lane for $1,725,000 from Manske Living Trust to Michael Schnitman and Laurel Schnitman. The property is .07 acres, a dwelling, and a Land Bank fee of $34,500 was paid. The assessed value of the property is $1,832,900.

Property Description: "A high-end little gem a short distance from Main Street. Features include a gourmet kitchen with custom cabinets, marble countertops, an apron front sink, a SubZero refrigerator, and a Wolf range. Two living areas with custom built-ins and three bathrooms. The outdoor living space includes a hedged backyard with a fieldstone patio. Full basement and shelled driveway with parking for multiple cars."

2B Forrest Avenue for $1,325,000 from 40 OSR LLC to Gary A. Winn. The property is .17 acres, vacant land, and a Land Bank fee of $26,500 was paid. The assessed value of the property is $779,100.

52 Arkansas Avenue for $1,155,625 from Patrick E. Burnett and Alicia M. Ruggiero, Co-Trustees of 52 Arkansas Avenue Revocable Trust to Robert G. Sabelhaus and Alexandra Karolyi. The property is .13 acres, a dwelling, and a Land Bank fee was exempt.

3B Windy Way for $800,000 from Mike Boylan Inc. to Windy Way Workshop LLC. The property’s acreage is N/A, a condominium/business, and a Land Bank fee of $16,000 was paid. The assessed value of the property is $384,900.