4 Gay Street, Nantucket (Town), MA, 02554 | $8,950,000

Tucked between the pulse of downtown and the calm of a neighboring park, 4 Gay Street is a rare in-town jewel that pairs historic authenticity with thoughtful, high-quality renovation. Originally built in 1825 and fully restored with craftsmanship at every turn, this home lives like a page out of Nantucket’s past—curved walls, heart pine floors, handmade woodwork—yet delivers modern ease and luxurious comfort. The result of two years of meticulous craftsmanship by the Carey Company and hand-selected finishes by renowned Nantucket designer Audrey Sterk, the home strikes a flawless balance between enduring beauty and modern livability. From the gas lanterns flickering along the stone walkway to the richly designed interiors and multiple fireplaces, every detail reflects timeless Nantucket character. Step inside from the spacious wraparound porch and immediately sense the intimacy and grandeur of a bygone era—yet with a warm, livable layout that includes both formal and casual spaces. The property includes a post-and-beam garage with carriage doors and beautifully designed landscaping throughout. A true masterwork of restoration and design, 4 Gay Street is the kind of Nantucket home that rarely comes to market—inviting you to live right in the heart of Town without ever feeling in the middle of it.

Features

  • Town: Nantucket
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Year Built: 1825
  • Heating: OFHA
  • Basement: Unfinished 1600 sq ft basement
  • Approx Sq. Feet: 4,280
  • Acreage: 0.12
  • Est. Taxes: $13,976
  • Lot Desc: See Deed Book 1954 Page 200
  • View: None, Res
  • Appliances: Stove: Yes, Washer: Yes
  • Property#: 93045
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /eprop/93045/4gaystreet_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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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

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

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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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4 Gay Street, Nantucket (Town), MA, 02554

$8,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,160,000 $7,160,000 $7,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.349% 6.183%
Monthly Tax Payment $1,165 $1,165 $1,165
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $40,654 $44,085 $60,420
Total Monthly Payment $41,944 $45,375 $61,710

* 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.