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156 Madaket Road, Nantucket (Madaket), MA, 02554 | $7,750,000
Set on just shy of two private acres, 156 Madaket Road is a beautifully renovated six-bedroom property offering an exceptional blend of luxury, privacy, and coastal living. Extensively reimagined in 2024, the home seamlessly combines sophisticated design with relaxed island elegance and was notably featured in Vogue. Thoughtfully designed for both entertaining and everyday comfort, the property features six bedrooms, four full baths, and one half bath, with expansive indoor and outdoor living spaces that embrace the surrounding natural landscape. The resort-style outdoor setting includes a stunning gunite pool, separate spa, and multiple areas for lounging and dining, all enveloped by mature landscaping for exceptional privacy. A nearby walking path offers easy access to the beach, allowing you to fully enjoy Nantucket’s renowned coastline and sunsets. A newly installed eight-bedroom septic system presents a rare and valuable opportunity for future expansion, including the potential to add a two-bedroom cottage. In addition to being an extraordinary private retreat, the property has also proven itself as a highly successful rental investment over the past several years. Offering a rare combination of acreage, privacy, recent renovations, expansion potential, and strong rental history, 156 Madaket Road represents a compelling opportunity in Nantucket’s highly sought-after market.
Features
- Town: Nantucket
- Rooms: 10
- Bedrooms: 6
- Baths: 4 full / 1 half
- Year Built: 1985
- Heating: GFHA
- Basement: The partially finished lower level offers additional flexible living and recreational space, currently outfitted with gym equipment and a secondary washer and dryer for added convenience. With direct exterior access, the basement provides an easy connection to the backyard, pool, and outdoor entertaining areas, making it an ideal extension of the home’s indoor-outdoor lifestyle.
- Approx Sq. Feet: 3,741
- Acreage: 1.86
- Est. Taxes: $9,420
- Lot Desc: Expansive
- View: None, Pasture
- Appliances: Stove: Verona, Washer: 2 Sets
- Property#: 93082
- Days on Market: 0 day
- Website: https://www.raveis.com
/eprop/93082/156madaketroad_nantucket_ma?source=qrflyer
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
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- 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.
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
- 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
156 Madaket Road, Nantucket (Madaket), MA, 02554
$7,750,000
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
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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 | $6,200,000 | $6,200,000 | $6,200,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | $785 | $785 | $785 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $35,203 | $38,174 | $52,319 |
| Total Monthly Payment | $36,113 | $39,084 | $53,229 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630