Current Real Estate Roundup - September 19, 2024
David Creed •
This week’s Current Real Estate Roundup includes property transfers from September 12, 2024 to September 19, 2024. It was an incredibly busy week for island real estate with over $110 million in sales – led by the sale of a Main Street property for over $24 million, a Cliff Road property for over $13 million, a Pilgrim Road property for over $10 million, a Shawkemo Hills Lane property for over $8 million, and many others.
72 Main Street for $24,800,000 from Steven L. Cohen, Trustee of 72 Main Street Trust to Kenneth A. Gullicksen, Trustee of Seventy/Two Main Nominee Trust. The property is .27 acres, a dwelling, and a Land Bank fee of $496,000 was paid. The assessed value of the property is $9,817,100.
From our sponsor, Great Point Properties: "72 Main Street is a meticulously preserved piece of Nantucket's history that exudes a sense of place, where one instantly knows they are both in the heart of historic downtown and can appreciate that they are on an island. For more than two centuries, this home has stood prominently steeped in heritage and offers an exquisite glimpse into a time when craftsmanship and opulence defined Nantucket's landscape.
"This architectural masterpiece has been thoughtfully preserved, while modernization has been discreetly integrated into the interior to enhance functionality while preserving its historical details."
For more photos and information on this property, click here.
33 Cliff Road for $13,950,000 from 33 Cliff Nominee Trust to 33 Cliff Road LLC. The property is .62 acres, a dwelling, and a Land Bank fee of $279,000 was paid. The assessed value of the property is $10,045,500.
From GPP: “Once upon a time, the historic Sea Cliff Inn graced this spectacular Cliff location offering the finest accommodations to wealthy Summer visitors. Wonderful distant views of the Harbor and Sound combined with easy access to Town and Beaches make this one of the most sought-after locations.
"Since 1982, white gates now beckon the entry into a circular drive offering award-winning architecture in the 7-bedroom main house, the 3-bedroom guest cottage and 2-car garage. Being offered fully furnished and turn-key, the property has ample parking for generations of family members and a very large yard which could easily accommodate a pool and spa. The property features a total of 10 bedrooms, 10.5 bathrooms, 3 kitchens, two wood-burning fireplaces and distant water views. HDC-approved plans by Chip Webster include an 18 X 32 pool allowing this property to be re-imagined and expanded. Ample room for a Sports Court."
For more photos and information on this property, click here.
7 Pilgrim Road for $10,500,000 from Sea Hero LLC to Pilgrim ACK LLC. The property is .40 acres, a dwelling, and a Land Bank fee of $210,000 was paid. The assessed value of the property is $9,367,200.
From GPP: “Stunning six bedroom house with attached two bay-garage, one bedroom guest house, and pool/spa in highly sought after Pilgrim Road/Cliff neighborhood. Meticulously designed layout to seamlessly blend the interiors and exteriors and take advantage of the oversized lot that abuts Land Bank with stunning pastoral views.
"The property features over 9,300 square feet of living space spread over well balanced rooms, including the living room with 25' ceiling. Abundant amenities including custom outdoor pizza oven and kitchen, oversized steam room, six sets of washers and dryers, electric car chargers and detailed mill work throughout. Sold turnkey with exceptionally curated furnishings and interior designs. Artistically designed lush and private landscape with gorgeous uplit driveway approach. Very rare offering."
For more photos and information on this property, click here.
1 Shawkemo Hills Lane for $8,175,000 from Michael C. Mauer and Tani P. Mauer to Nantucket Bey LLC. The property is 1.27 acres, a dwelling, and a Land Bank fee of $163,500 was paid. The assessed value of the property is $7,566,600.
From GPP: “Winding stone walls lead you up a private, crushed marble driveway to the refined and luxurious estate that awaits at 1 Shawkemo Hills Lane. Concealed by mature and thoughtfully designed gardens, the 8,000+ square foot home has been meticulously maintained. With no detail left unpolished, this five+ bedroom (alternate six-bedroom plan) home is sure to meet the needs of any discerning buyer in search of the perfect multi-generational Nantucket home.
"Featuring a myriad of spaces, there truly is something for everyone to enjoy; procure your favorite bottle of wine from the custom wine cellar, relax with a film in the home theater, or spend a day around the pool complete with a visit to the steam room. Or lastly, enjoy a cocktail while watching sunset from your full width straight access roof walk with 360-degree views of the island. A home unlike any other, elevate your Nantucket experience with this impeccable Shawkemo property in one of the most private and desirable areas of Nantucket Island."
For more photos and information on this property, click here.
3 Westerwick Drive for $7,000,000 from Patrick Am DePalma and Carolyn L. DePalma to Lazaros Nikeas and Maria Nikeas. The property is .46 acres, a dwelling, and a Land Bank fee of $140,000 was paid. The assessed value of the property is $4,802,700.
From GPP: "Welcome to 3 Westerwick Drive, where luxury and comfort intertwine in a 6,000+ square foot masterpiece custom-built in 2024. Every inch of this fully-furnished home is adorned with bespoke touches, including a sprawling nine-foot kitchen island, high end light fixtures, coffered ceilings, a captivating glass-enclosed wine showcase, charming lozenge windows, and a majestic three level staircase.
"Boasting a six-bedroom main dwelling and a one-bedroom garage studio, ample space awaits for gatherings with loved ones. Outside, discover a secluded haven, enveloped by privet hedges, featuring a pool, spa, meticulously manicured landscaping, a cozy fire pit, and an inviting alfresco dining area where you can dine under the stars. Enjoy the amenities of the Cannonbury Lane neighborhood, including a flourishing cutting garden, a well-appointed gym, and a serene yoga deck, just steps away. Nature enthusiasts will delight in the nearby conservation trails and drive on beaches. Retreat to ‘Sconset, where schedules slow, sea breezes blow, and summering is unmatched."
For more photos and information on this property, click here.
26 Naushon Way for $5,972,500 from AF12 LLC to Rhoda H. Weinman, Trustee of the Away Game Nominee Trust. The property is .70 acres, a dwelling, and a Land Bank fee of $119,450 was paid. The assessed value of the property is $2,495,000.
From GPP: "Ideally located in coveted Surfside and just ¼ mile to pristine south shore beaches, 26 Naushon Way, was just completed and available for immediate occupancy. Situated on 3/4 of an acre, the property features a renovated 3 bedroom, 3 1/2 bath main house, a newly built 1 bed, 1 1/2 bath guest house and gunite pool. The dwellings were constructed by Mercatus Builders and beautifully decorated by renowned interior designer Elisa Allen and feature Nantucket Looms furnishings, maintaining an elegant yet comfortable beach aesthetic.
"The dwellings offer a seamless transition to the outdoor oasis which boasts a 20 x 40 gunite pool with auto cover surrounded by bluestone, Gloster Teak outdoor furnishings, multiple mahogany decks, newly landscaped grounds and an expansive yard. The renovations include a gourmet chef's kitchen with high-end appliances, wide plank oak flooring, updated bathrooms with current tile, fixtures and glassed-in showers. Additional renovations include a new septic system, cedar siding, lighting, heating/cooling, plumbing, and electrical systems. This sophisticated property was thoughtfully designed and meticulously built. Offered fully furnished, this beach compound is the ideal Nantucket retreat to enjoy the summer."
For more photos and information on this property, click here.
1 Dolphin Court for $5,700,000 from 1 Dolphin Court to ACK Dolphin LLC. The property is .11 acres, a dwelling, and a Land Bank fee of $114,000 was paid. The assessed value of the property is $4,039,500.
From GPP: "Experience contemporary luxury in this spacious and inviting five bedroom Brant Point home, each bedroom boasting its own ensuite bathroom for ultimate comfort and privacy. Fully furnished, this stately residence offers modern convenience with wall-mounted HD flat-screen televisions in each bedroom and the living room.
"Outside, indulge in relaxation and entertainment with a firepit, patio, and multiple decks for dining and lounging. Enjoy the additional lawn area with lawn chairs and a private hedged yard. Parking is effortless with space for 2 cars in the driveway and additional parking available on Dolphin Court. Fully stocked kitchen, high-end furnishings, fine linens and towels convey with the property."
For more photos and information on this property, click here.
25 Willard Street for $5,650,000 from O Spray LLC to Mul 25 LLC. The property is .46 acres, a dwelling, and a Land Bank fee of $113,000 was paid. The assessed value of the property is $3,366,900.
From GPP: "Property is being sold as is with a construction contract to complete the build. Hanley Development has partnered with Matt MacEachern and his team at Emeritus Development to reimagine "Saltaire" into an exquisite five-bedroom/five-and-one-half-bath main house with the addition of a new secondary structure that could serve as a second dwelling/garage.
Their rebuild preserved the "cottage" feel of this charming Brant Point home while providing the modern amenities, high-end finishes, and appointments that discerning buyers would seek. Located in the highly coveted Brant Point neighborhood, steps to the calm water beach and a short, easy walk to Town. On a vastly oversized .46 acre lot, allowing for a sizable yard - a rarity in Brant Point."
For more photos and information on this property, click here.
5 Canonicus Street for $4,450,000 from Thomas and Holly Harty to Old Surfside LLC. The property is .13 acres, a dwelling, and a Land Bank fee of $89,000 was paid. The assessed value of the property is $3,281,100.
From GPP: "A stones throw from the beach on Western Avenue, discover a rare opportunity in "Old" Surfside with this meticulously maintained, Emeritus designed beach house. 5 Canonicus Street features 3+ bedrooms in an open floor plan and a separate garage studio. A pergola covered deck extends out to a large, private bluestone patio surrounded by mature landscaping and a beautiful yard. Easy access to miles of sandy beaches are an extension to your outdoor living. Seller has been awarded abutting paper roads, making the future lot size over 22,000 square feet."
For more photos and information on this property, click here.
27 North Beach Street for $3,900,000 from 27 North Beach Street LLC to Anderson G. Grennan and Mae H. Grennan. The property is .20 acres, a dwelling, and a Land Bank fee of $78,000 was paid. The assessed value of the property is $3,023,488.
From GPP: "Discover a delightful duo of meticulously renovated cottages nestled in the heart of Brant Point. Each cottage offers a private deck/patio and ample yard space, along with coveted off-street parking, ensuring convenience and relaxation throughout your stay.
"Inside, both cottages boast high-end appliances, luxurious linens, and contemporary artwork and finishes, harmonizing modern comfort with coastal charm. Ideally situated, Brant Point provides easy access to Town, the harbor, pristine beaches, as well as an array of restaurants and shopping destinations, promising an unforgettable island experience immersed in Nantucket's quintessential allure."
For more photos and information on this property, click here.
35 Pleasant Street for $3,733,000 from Joseph P. Barnes, Ellen Quirk Barnes, William F. Quirk, and Mary D. Quirk to Thomas C. Sansone and Lena M. Sansone. The property is .23 acres, a dwelling, and a Land Bank fee of $74,700 was paid. The assessed value of the property is $2,214,700.
From GPP: "Iconic in-town bungalow set between two of the most stately Elm 'Town Trees' in the historic district, with a sweeping back yard leading to an oversized two-car garage and a free standing tea house/exercise studio/workshop building. Original features such as floor to ceiling windows, built-in cabinetry, and 9' ceilings add to the charm of this enchanting cottage set on an oversized lot in Town. This rare deep lot of over 10,000 square feet (twice the size required by zoning) offers multiple possibilities."
For more photos and information on this property, click here.
26 Somerset Lane for $3,450,000 from Terry Anne Vigil Trust to RH 26 Somerset ACK LLC. The property is .92 acres, a dwelling, and a Land Bank fee of $69,000 was paid. The assessed value of the property is $1,994,800.
From GPP: "An acre of land offers privacy among beautiful mature trees and landscaping. Located in the Hummock Pond area, the property is adjacent to 30+ acres of Land Bank land. A charming main house, a secondary and a tertiary dwelling unit as well as two free-standing sheds complete the picture. This special property offers many possibilities for the next owner."
For more photos and information on this property, click here.
15 Fawn Lane for $3,400,000 from Tic T’ACK Toe LLC to Robert L. Griggs, Trustee of the Robert L. Griggs Revocable Trust. The property is .18 acres, a dwelling, and a Land Bank fee of $68,000 was paid. The assessed value of the property is $2,311,300.
133 Surfside Road for $3,200,000 from James R. Cotto and Cory E. Cotto to 133 Surfside Realty Trust. The property is .63 acres, a dwelling, and a Land Bank fee of $64,000 was paid. The assessed value of the property is $1,893,800.
From GPP: "This lovely home is located in a coveted Surfside neighborhood and is under a half mile to pristine Surfside beaches. The three-bed, two-bath home sits on over half an acre with ample room to expand and add a pool. The property offers privacy, a spacious yard and abuts a bike path with convenient access to Town and Shopping. There is a solid rental history."
For more photos and information on this property, click here.
32 Cannonbury Lane for $1,925,000 from Thirty-Two Cannonbury Trust to Dustin Maury. The property is .46 acres, vacant land, and a Land Bank fee of $38,500 was paid. The assessed value of the property is $1,790,800.
18 Kittiwake Lane for $1,995,000 from Susan L. Dupree Revocable Trust to Matthew Heath Umbach and Deborah C. Umbach. The property is .15 acres, a dwelling, and a Land Bank fee of $39,900 was paid. The assessed value of the property is $1,495,600.
8 Salros Road Unit 2 for $1,800,000 from David E. Butler to NCHWU LLC. The property’s acreage is N/A, a business, and a Land Bank fee of $36,000 was paid. The assessed value of the property is $182,700.
5 Nonantum Avenue for $1,250,000 from Michael S. Jemison and William D. Jemison to Shack View LLC. The property is .51 acres, a dwelling, and a Land Bank fee of $25,000 was paid. The assessed value of the property is $2,020,600.
41E Old South Road Unit 5 for $650,000 from Hilltoppers Holding LLC to Forty One E Old South Five LLC. The property’s acreage is N/A, a dwelling/condo, and a Land Bank fee of $13,000 was paid. The assessed value of the property is $326,100.