Tax Benefits of Doing Good

Nantucket has been the beneficiary of the generosity of many unheralded people who had the foresight to protect their property with a conservation easement. There are many ways such an easement occurs, from protecting the facade of an historical structure to establishing limited areas for future building. For property owners,

Nantucket Real Estate: Price Change, January 19, 2016

Sconset – 93 Sankaty Road  $2,195,000 This property has had a price reduction from $2,375,000 to $2,195,000. Property Type: Single Family Total Rooms: 8 Total Bedrooms: 4 Total Bathrooms: 3 full, 1 half Water Frontage: None Water Views: Ocean Second Dwelling: None Zoning: SR-20 Lot Size: 0.21 acres Total Sq. Feet

Nantucket Real Estate: New Listing January 19, 2016

Quaise – 15 Bassett Road  $1,795,000 Property Type: Single Family Total Rooms: 9 Total Bedrooms: 5 Total Bathrooms: 2 Water Frontage: None Water Views: Harbor Second Dwelling: None Zoning: LUG3 Lot Size: 0.75 acres Total Sq. Feet (GLA): 1,829 sq. feet Year Built: 1851 (ren. 1940 ) Water / Sewer:

Land Bank Exemption Increases

The Nantucket Islands Land Bank Fee is a 2% transfer tax on the purchase of real estate on Nantucket.  Since the inception of the program there has been an exemption for first time buyers who meet certain conditions. The exemption was recently raised from $400,000 to $500,000.  The exemption applies

Nantucket Real Estate: New Listing January 14, 2016

Surfside – 2 South Pasture Lane  $795,000 Property Type: Single Family Total Rooms: 5 Total Bedrooms: 2 Total Bathrooms: 2 full, 1 half Water Frontage: None Water Views: None Second Dwelling: Potential Zoning: LUG1 Lot Size: 1.05 acres Total Sq. Feet (GLA): 960 sq. feet Year Built: 1980 Water /

Nantucket Real Estate: Price Changes, January 12-14, 2016

Town – 36 York Street  $899,000 This property has had a price reduction from $925,000 to $899,000. Property Type: Single Family Total Rooms: 7 Total Bedrooms: 2 Total Bathrooms: 2 Water Frontage: None Water Views: None Second Dwelling: None Zoning: R1/SR1 Lot Size: 2,905 sq. feet Total Sq. Feet (GLA):

Welcome Baby William Beckett DuPont!

Welcome Baby William! Our most heartfelt congratulations to Caitlin and Peter DuPont who welcomed William Beckett DuPont, nearly as the island New Years’ baby, into the world on January 7th, 2016. William was born a healthy 7 lbs, 15 oz and is Nantucket’s newest Whaler!