81 Polpis Road, Nantucket (Polpis), MA, 02554 | $8,495,000

New construction with amazing views of Nantucket Sound. This move-in ready Polpis property on a 1. 18 acres lot offers privacy and convenience. Located just over a mile from the Milestone Rotary, this custom 5 bedroom home boasts a first-floor primary suite, a modern open-concept kitchen, and a living room with an open space mezzanine area that affords a dramatic two-story ceiling. The outside is set up perfectly for entertaining guests, with an exceptionally large yard, an 18 x 40 pool that includes a raised spa with waterfall, a cabana that features counter seating, a kitchen area, and a covered sitting area. To finish off the outdoor living space, there is a stone fire pit and half bath and outside shower. Don't miss this rare opportunity to own in one of the island's most desirable locations! This stunning home is available for immediate occupancy and is being sold fully furnished for your convenience. Schedule your tour today!

Features

  • Town: Nantucket
  • Rooms: 16
  • Bedrooms: 5
  • Baths: 5 full / 2 half
  • Year Built: 2023
  • Heating: Gas\FHA
  • Cooling: Central A/C
  • Basement: Luxury awaits in this stunning home's lower level. Built with the same exquisite materials and attention to detail as the rest of the house, it features a full bar with counter seating, adjacent seating area with a second wall-mounted TV, fifth bedroom suite, gym, and half bathroom.
  • Acreage: 1.177
  • Property#: 90272
  • Days on Market: 357 days
  • Website: https://www.raveis.com
    /eprop/90272/81polpisroad_nantucket_ma?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Congdon & Coleman Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

81 Polpis Road, Nantucket (Polpis), MA, 02554

$8,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,796,000 $6,796,000 $6,796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.531% 7.228% 7.041%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $42,398 $45,786 $60,610
Total Monthly Payment $42,523 $45,911 $60,735

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.