12 1/2 Ipswich Street, Nantucket (Tom Nevers), MA, 02554 | $2,950,000

Set on over two acres in a serene Tom Nevers estate area, this exceptional property offers sweeping views of conservation land and the Atlantic Ocean beyond. The future owner will benefit from the potential for an 8+ bedroom I/A septic system and up to 3, 650 square feet of allowable footprint—translating to more than 9, 000 square feet of conditioned living space. With ample room for a pool, tennis court, sport court, and outbuildings, the site presents an ideal canvas to create a true Nantucket estate, as others nearby have already done. The property currently features a charming three-bedroom, three-bath home built in 2008. Tucked near the end of a quiet road, the residence offers a peaceful and private setting. The reverse-story floor plan includes all three en suite bedrooms on the first level, while the open-concept living, dining, and kitchen areas span the light-filled second floor. Enjoy sunsets from the back deck or use this home as your launch point for exploring all Nantucket has to offer—either way, this is a rare opportunity to settle into something special.

Features

  • Town: Nantucket
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 3 full
  • Year Built: 2008
  • Heating: GFHA
  • Basement: Approx. 1, 000-square-foot unfinished basement offers a blank canvas—ideal for creating additional living space, a gym, studio, or whatever suits your needs. The possibilities are endless.
  • Approx Sq. Feet: 1,716
  • Acreage: 2.02
  • Lot Desc: There is a no disturb area to benefit abutting property and a view easement across this portion of the lot. See deed Certificate 23435. Electric Easement. New parcel to be assessed after closing. 6 bedroom existing septic system., Large
  • View: D/Oc
  • Appliances: Stove: Yes, Washer: Yes
  • Property#: 91990
  • Days on Market: 289 days
  • Website: https://www.raveis.com
    /eprop/91990/1212ipswichstreet_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 Fisher Real Estate

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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!
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  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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
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12 1/2 Ipswich Street, Nantucket (Tom Nevers), MA, 02554

$2,950,000

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 DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $2,360,000 $2,360,000 $2,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,850 $13,960 $19,440
Total Monthly Payment $12,975 $14,085 $19,565

* 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.