Current Real Estate Roundup - May 2, 2024

This weeks’ Current Real Estate Roundup includes property transfers from April 25, 2024 to May 2, 2024. It is led by the sale of a Towaddy Lane property for $2.5 million and a Honeysuckle Drive property for just under $2 million.

6 Towaddy Lane for $2,500,000 from Burr Sullivan and Elizabeth C. Sullivan to Susan Holmes Eelman, .19 acres, a dwelling, and a Land Bank fee of $50,000 was paid. The assessed value of the property is $2,003,400.

From our sponsor, Great Point Properties: “Charming four-bedroom, two-bathroom cottage on desirable Towaddy Lane, a quiet cul-de-sac only a short distance from Sconset Village. Popular family neighborhood with good rental history.”

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

5 Indigo Drive for $2,349,000 from Nantucket Property Owner LLC to Nantucket Cottage Hospital, .09 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,317,500.

13 Honeysuckle Drive for $1,985,000 from Nantucket Property Owner LLC to Nantucket Cottage Hospital, .09 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,674,500.

From GPP: "A rare opportunity to own a new home in the heart of Nantucket only two miles from town and offering easy access to the best Nantucket beaches. This neighborhood will consist of 36 single family homes, a clubhouse and community pool. This home includes high end appliances and finishes and complete with an outdoor shower.

“Lower-level finished space with full bathroom and separate access. This home also has a patio and a front porch. Developed by Capital Hall Partners and KEMS Corporation.”

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

7 Indigo Drive for $1,866,000 from Nantucket Property Owner LLC to the Nantucket Cottage Hospital, .09 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $1,139,500.

You can read more about the three properties purchased by the Nantucket Cottage Hospital by clicking here.

4 Wood Hollow Road for $1,830,000 from Bartholomew M. Gangemi (individually) and Michelle C. Gangemi, Trustee of Michelle C. Gangemi Trust, 1.50 acres, a dwelling, and a Land Bank fee of $36,600 was paid. The assessed value of the property is $1,644,900.

From GPP: "LOCATION, LOCATION, LOCATION! East Tom Nevers is truly one of the best values on the island. This 1.5-acre lot backs up to Nantucket conservation foundation property – creating a private rear yard. 2000 square feet of ground cover allowed, so plenty of expansion potential for addition or new build. Close to the Sconset Bike Path and Sconset Village. The house will require some deferred maintenance and is being sold 'As Is'."

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

1A Park Circle for $900,000 from 1A Park Circle LLC to David A. Guevara and Maryia Rubina, acreage: N/A, a dwelling, and a Land Bank fee of $18,000 was paid. The assessed value of the property is $915,400.

From GPP: “This three-bedroom, two-and-a-half-bath condo resides in the family-friendly Nobadeer Meeting House neighborhood that offers a community pool, green space, and a meeting house – making it an ideal setting for year-round families.

“Centrally located on the island, it ensures easy access to mid-island amenities and south shore beaches, while its proximity to town and access to the bus stop and bike paths enhance its convenience. Whether for year-round families seeking a well-connected residence or as convenient staff housing, this property stands as a versatile and attractive opportunity. An unfinished basement provides ample room for additional living space.”

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