Current Real Estate Roundup - October 5, 2023

This week’s Current Real Estate Roundup includes property transfers from September 28, 2023 to October 5, 2023. It includes last week's record sale of a pair of Monomoy Road properties for $42 million and a Pocomo Road property for $18 million.

68 & 72 Monomoy Road for $42,000,000 from Steven Cohen, Trustee of Mak Shack Trust to Ferry Views, LLC, 1.20 acres, a dweling, and a Land bank fee of $840,000 was paid. The assessed value of the properties is $21,802,334.

This real estate transaction was reported last week by the Current and Wall Street Journal – with the buyer being Barstool Sports Founder & Owner Dave Portnoy, who has owned property on the island in the past and has been a longtime visitor.

The combined 1.2-acre property features a waterside main dwelling, a guesthouse, and a pool that were completed in 2018 and 2019 by the Nantucket construction firm Reid Builders and designed by architect Andrew Kotchen of Workshop/APD and landscape architect Miroslava Ahern.

The two houses were also reported to be connected by an underground tunnel, however Portnoy said during his October 2 Barstool Rundown that he has no knowledge of this tunnel existing.

A source familiar with the estate said that the property does in fact have a tunnel - connecting the guesthouse to the shed on the upper part of the property, however it does not connect to the main house.

72 Pocomo Road for $18,000,000 from 72 Pocomo Road LLC to 72 Pocomo Nomineee Trust, 4 acres, a dwelling, and a Land Bank fee of $360,000 was paid. The assessed value of the property is $13,813,100.

This property was previously owned by the late Yankee Candle founder Michael Kittredge, but it had since passed on to other owners. The property had sold just four years ago in 2019 for $11.6 million. The 6,379-square-foot main house was built in 1990.

64 and 66 Baxter Road for $10,000,000 from Elizabeth Singer, Trustee of 64 Sankaty Road Trust to Golden Pond LLC, 1.06 acres, vacant land, and a Land Bank fee of $200,000 was paid. The assessed value of the property is $4,494,900.

6 Stone Post Way for $7,500,000 from 6 Stone Post Way Realty Trust to Perpetuwhale Investments, LLC, .46 acres, a dwelling, and a Land Bank fee of $150,000 was paid. The assessed value of the property is $4,101,800.

From the Maury People: “Immaculate and pristine property in Sconset, this property is located on a quiet cul-de-sac close to the village and a stones throw to the beach. This desirable location offers the best of both worlds; a quintessential neighborhood and privacy. Completely reimagined and renovated in 2017 this beautiful four bedroom and four bathroom house with second floor ocean views is the perfect mix of contemporary and traditional. Open concept floor plan living, kitchen, and dining.”

“Finished basement with gym and living area. Oversized two car garage, private office, and two bedroom and one bath cottage atop custom built in 2020. Custom built stone firepit, oversized covered porch, private decks, and large lawn with mature plantings make this an easy place to call home.”

27 Ticcoma Way for $4,725,000 from J&M Realty Holdings LLC to Jessica F. Wood and Jeffrey P. Wood, .46 acres, a dwelling, and a Land Bank fee of $94,500 was paid. The assessed value of the property is N/A.

26 Tennessee Avenue for $4,400,000 from Hitherview Associates LLC to Nantucket Holdings LLC, .41 acres, a dwelling, and a Land Bank fee of $88,000 was paid. The assessed value of the property is $4,052,100.

4 Mulberry Street for $3,500,000 from Norman V. Lewis to Jason C. Lewis, Trustee of Mustang Kentucky Trust, .08 acres, a dwelling, and a Land Bank fee of $70,000 was paid. The assessed value of the property is $2,864,400.

2 Ellen’s Way for $3,250,000 from 27 EW Trust to 27 Ellens Way LLC, .26 acres, vacant land, and a Land Bank fee of $65,000 was paid. The assessed value of the property is $1,113,100.

2 Kelley Road for $2,800,000 from Two Kelley Road Nominee Trust to Dylan Wallace and Caroline Borrelli, 1.60 acres, a dwelling, and a Land Bank fee of $42,000 was paid. The assessed value of the property is $1,891,100.

6 Beaver Street for $2,600,000 from ACKventures, LLC d/b/a Beaver St. Ackventures LLC to Monomoy Holdings LLC, .08 acres, a dwelling, and a Land Bank fee of $52,000 was paid. The assessed value of the property is $2,030,100.

1 Mamack Lane for $2,495,000 from 1 Mamack Lane LLC to Jeanine A. Delaune-Glendening & Thomas B. Glendening, .09 acres, a dwelling, and a Land Bank fee of $49,900 was paid. The assessed value of the property is $1,158,800.

9 Ridge Lane for $1,800,000 from Sheila D. David and David J. Policansky to Jeffrey Clayton and Charmagne L. Eckert, .24 acres, a dwelling, and a Land Bank fee of $36,000 was paid. The assessed value of the property is $1,031,200.

16B Boynton Lane for $899,000 from Georges Beckford and Jennifer E. Beckford to Don Allen Auto Services Inc., acreage: N/A, a condominium, and a Land Bank fee of $17,980 was paid. The assessed value of the property is $625,300.