Nashaquisset is a development located less than a mile from town on the way to Surfside Beach near the bike path and the shuttle stop and appeals to owners who would like full service property management in place. The project was built in the late 1980’s and includes a variety of architectural designs from Cape-style to Federal to Saltbox houses. Nashiquisset is unique on Nantucket in that the homes are held by a cooperative form of ownership with a renewable leasehold interest. The cooperative has two tennis courts and a swimming pool for the use of residents and requires property management in order to keep the standards consistent. There are two houses on each 5,000 square foot lot which is double the density of Naushop.
There were 3 sales of properties in Nashaquisset in 2011. The least expensive sale was 30 Washaman Avenue, a 2 bedroom/3 bath home that sold for $630,000 and was on the market for 107 days. The highest price paid was for 16 Washaman Avenue, a 3 bedroom/2.5 bath home that had been recently upgraded and sold for $840,000. The average selling price in Nashaquisset was $720,000 and the median was $690,000. It took an average of 374 days to sell a property in Nashaquisset in 2011, slightly longer than the market as a whole.
At this time there are only 2 properties listed for sale in Nashaquisset, both listed at $790,000. These properties have been listed for an average of 38 days, considerably shorter the market average. Both houses have 3 bedrooms and 3 baths, one is located at 6 Mamack Lane and the other at 41 Autopscot Circle. Please contact your Atlantic East Nantucket Real Estate broker for more information about Nashaquisset or any other area on Nantucket.