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Commanding one of the most coveted harborfront locations on Nantucket, this extraordinary 1. 25-acre estate offers truly unparalleled harborfront views and an unmatched coastal living experience. With sweeping, panoramic vistas stretching from Town across the harbor to Brant Point and Coatue, the property delivers a front-row seat to the island’s most iconic scenery. Enjoy sunsets over the water, sailboats gliding through the harbor, and fireworks lighting up the sky throughout the season. At the heart of the estate is a seven bedroom, six and a half bath main residence. It is slightly elevated allowing for breathtaking views from every floor. The main house is complemented by a spacious two-car garage with guest accommodations above. Additionally, a charming boat house sits on the water’s edge. Offering approximately 175 feet of direct waterfront and a gently sloping drive leading to a private sandy beach, this rare offering blends luxury, comfort, and natural beauty in a way few properties can. This estate could never be duplicated. There is a boathouse bordering the water that is a pre-existing, nonconforming use. It is essentially built right on the coastal bank, which today would require a 75-foot setback. The existing house is approximately 35 feet high, allowing for a full third floor—seven feet higher than what the HDC currently permits. These nonconformities have been grandfathered in and will never be permitted again. This is truly an incredibly rare opportunity and arguably the best location on Nantucket.
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.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$34,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $27,600,000 | $27,600,000 | $27,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.259% | 6.058% |
| Monthly Tax Payment | $6,711 | $6,711 | $6,711 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $154,552 | $167,701 | $231,045 |
| Total Monthly Payment | $161,388 | $174,537 | $237,881 |
* 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.