8 Austin Farm Drive, Nantucket (Hummock Pond), MA, 02554 | $10,195,000

Experience modern Nantucket living at its finest in this newly renovated 5-bedroom, 5. 5-bath home located in the desirable Austin Farm neighborhood near Hummock Pond. Thoughtfully redesigned in 2024, this home combines coastal charm with contemporary luxury and offers the perfect balance of privacy and convenience. The first floor features a bright, open layout with a custom kitchen, dining area, and spacious living room. High-end finishes, designer lighting, and hardwood flooring create an elegant yet comfortable atmosphere throughout. All flows seamlessly to the outdoor entertaining spaces. The home offers two primary suites, one on the first floor and one upstairs, each with beautifully appointed ensuite baths. Three additional guest bedrooms on the second floor provide ample space for family and visitors. A cozy den compliments the upstairs spaces, a perfect spot to unwind. Step outside to a beautifully landscaped yard with a heated pool with hot tub, pool house, and multiple lounge and dining areas. Mature plantings offer privacy while maintaining a relaxed island feel. Located just minutes from town, the beaches, Bartlett’s Farm, and Miacomet Golf, this home provides convenient access to some of Nantucket’s most beloved destinations.

Features

  • Town: Nantucket
  • Rooms: 17
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Year Built: 1994
  • Heating: GFHA
  • Basement: Crawl Space / Mechanicals
  • Approx Sq. Feet: 4,988
  • Acreage: 0.92
  • Est. Taxes: $24,933
  • HOA Fee: $1,000 Annually
  • Lot Desc: Yes
  • View: None, Pasture
  • Appliances: Stove: Wolf, Washer: Electrolux
  • Property#: 93083
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /mls/93083/8austinfarmdrive_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.

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.

Clark ParriottSales Associate

443.250.2910

Clark.Parriott@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
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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

Joseph HartleyInsurance Sales Director, William Raveis Insurance

954.729.6530

Joseph.Hartley@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

8 Austin Farm Drive, Nantucket (Hummock Pond), MA, 02554

$10,195,000

Clark Parriott

Sales Associate

William Raveis Real Estate

Phone: 443.250.2910

Clark.Parriott@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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $8,156,000 $8,156,000 $8,156,000
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 $2,078 $2,078 $2,078
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $46,309 $50,218 $68,825
Total Monthly Payment $48,512 $52,421 $71,028

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.