59 Baxter Road, Nantucket (Sconset), MA, 02564 | $12,500,000

A rare combination of waterfront location, sweeping Atlantic views, and approved plans, this exceptional estate offers immediate enjoyment today with remarkable potential for the future. Recently approved by the HDC, plans by Botticelli & Pohl for a reimagined main residence provide a compelling vision for the property's next chapter. Additional cottage and pool renderings further illustrate the possibilities for enhancing this extraordinary coastal setting. Privately positioned along one of Nantucket's most dramatic stretches of coastline, the property enjoys panoramic ocean vistas and an ever-changing seascape just moments from the charm and conveniences of ’Sconset Village. Combined with recently approved architectural plans, the property presents a rare opportunity to enjoy a substantial waterfront residence today while thoughtfully shaping its future. Originally built in 1920 and thoughtfully renovated over time, the seven-bedroom residence embraces the essence of island living, where abundant natural light, refreshing sea breezes, and a seamless connection to the outdoors define the experience. Expansive porches and balconies frame breathtaking water views from nearly every vantage point, while generous living spaces are designed for both relaxed coastal living and effortless entertaining.

Features

  • Town: Nantucket
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 5 full
  • Year Built: 1920
  • Heating: GFHW
  • Basement: Completed as part of the 2012 renovation, the finished lower level is remarkably spacious, with soaring 12-foot ceilings that are rarely found in basement spaces. Thoughtfully designed for both comfort and function, it includes a relaxed media and sitting room, a large laundry room with dual washers and dryers, an ensuite guest bedroom, and a mudroom with a full bath. Two substantial storage and utility rooms offer exceptional practicality.
  • Approx Sq. Feet: 4,510
  • Acreage: 0.45
  • Est. Taxes: $18,778
  • Lot Desc: See Deed 45, Yes
  • View: Ocean
  • Water Front: Yes
  • Appliances: Stove: La Cornue, Washer: 2 Whirlpool Washers
  • Property#: 93017
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/93017/59baxterroad_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 Compass MA LLC

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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
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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!
  • 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

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59 Baxter Road, Nantucket (Sconset), MA, 02564

$12,500,000

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 $10,000,000 $10,000,000 $10,000,000
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% 6.235% 6.058%
Monthly Tax Payment $1,565 $1,565 $1,565
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $55,997 $60,761 $83,712
Total Monthly Payment $57,687 $62,451 $85,402

* 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.