Nantucket Real Estate: Market Update April 2022

Dune Grass and Atlantic

The wild market ride continues with low inventory (although improved from Q1) and seemingly endless demand on the part of buyers.  Through April there have been 147 sales, year to date, on Nantucket representing $483+ million.  At the same time in 2021 there had been 233 sales ($601+ million); in

Nantucket: Annual Town Meeting Round Up

Main Street in the Spring (GH)-(ZF-8324-43090-1-001)

Annual Town Meeting (ATM) was held, as usual, inside the high school auditorium with the overflow accommodated in the gym.  At one point early on the first night there were 920 people in attendance.  The meeting lasted two long nights. Sarah Alger, Moderator, handled the meeting with grace and good

New Real Estate Listings: Week Ending Monday, May 9, 2022

141 Orange Street

141 Orange Street Mid Island $1,700,000 Bed: 0 Bath: 0 Located in Nantucket’s primary commercial corridor with many different possibilities including but not limited to commercial on the first floor and residential above. Ideally located on the corner of Orange Street and Daves Street with public transportation on either street.

Nantucket Property Transfers: Week Ending Friday, May 6, 2022

141 Orange Street

141 Orange Street Mid Island $1,700,000 Days on Market: 0 Bed: 0 Bath: 0 Located in Nantucket’s primary commercial corridor with many different possibilities including but not limited to commercial on the first floor and residential above. Ideally located on the corner of Orange Street and Daves Street with public

Nantucket’s Town Meeting Approves Short Term Rental Regulations

Nantucket Harbor Aerial

The first night of Nantucket’s Annual Town Meeting opened on Monday with, at the height, 920 registered voters in attendance.  Because we did not all fit into the auditorium, overflow was accomodated in the gymnasium.  The 3 articles related to short-term rentals generated the most discussion and only Article 39,

Recent Changes: Week Ending Wednesday, May 4, 2022

52 Burnell Street/ Olivers Way

52 Burnell Street/ Olivers Way Sconset $4,495,000 Price Change Days on Market: 11 Bed: 3 Bath: 2 Unique private estate sized lot available in Sconset. .88 acre part of newly created 2 lot subdivision Olivers Way. Lot serviced by town sewer. Approximately 3,773 sqft of ground cover available to create

New Real Estate Listings: Week Ending Monday, May 2, 2022

75  Squam Road

75 Squam Road Squam $6,075,000 Bed: 4 Bath: 5 ENJOY the CASUAL ELEGANCE of this beautifully maintained beach house with quality workmanship and thoughtful detailing throughout. ‘Penny Patch’ a four bedroom home and separate studio, ‘Ha’ Penny’, are sited on 26,000+ square feet of land that includes a generous yard,

Nantucket Property Transfers: Week Ending Friday, April 29, 2022

4 Middle Valley Road

4 Middle Valley Road Shimmo $25,000,000 Days on Market: Bed: 11 Bath: 16.5 Harbor Hill Estate. Designed by renowned Jacobsen Architecture with Hugh Newell Jacobsen and Simon Jacobsen. Premiere waterfront location and exceptional execution. Luxurious amenities and state of the art systems contribute to the art that is this compound.

Property Taxes on Nantucket are Low!

Sconset Window with Roses

People are often surprised to learn that property taxes are lower on Nantucket than in many other mainland communities.  This is due to the seasonal economy in which non-resident taxpayers (those who own but do not live here all year-round) pay most of the property taxes on Nantucket (close to

Recent Changes: Week Ending Wednesday, April 27, 2022

111 Hummock Pond Road

111 Hummock Pond Road Cisco $2,149,000 Offer to Purchase Days on Market: 0 Bed: 2 Bath: 2.5 Look no further, this well-constructed home checks all the boxes. This light and bright Cisco two-bedroom, two-and-a-half-bath stunner is perfectly situated near Bartlett Farm and abuts conservation land on two sides! Town, Cisco