109 Orange Street, Nantucket (Town), MA, 02554 | $9,250,000

This grand antique home was originally constructed in 1704 by Abigail Howes, the daughter of Stephen Hussey, a prominent figure recognized as the founder of the Hussey family lineage on Nantucket. At the time of its completion, this Greek Revival ship captain’s residence was viewed as a “great piece of extravagance, ” a luxurious home that stood out in its era. Over the years, this historic dwelling transitioned into the award-winning “La Ruche Inn. ” The current owners converted the property back into a private residence, preserving its rich history while enhancing its modern-day appeal. The estate encompasses a main house, a guest cottage, two sheds, three off-street parking spaces, and additional ground cover. The main house boasts an impressive layout with six spacious bedrooms, five of which have en-suite full bathrooms. The guest cottage, with two additional bedrooms and a full bathroom, provides a cozy retreat. The outdoor space surrounding this historic home is just as stunning as the interior, showcasing the beauty of the property as a whole. The double plot on which the house sits is impressively expansive, featuring a very large lawn that has been thoughtfully landscaped. Multiple patios and decks provide spots for relaxation, socializing, or simply enjoying the serene surroundings. Situated in Town on Orange Street, this property provides convenience and accessibility. The charm of Nantucket’s cobblestone streets is just a leisurely stroll away with boutiques, art galleries, and dining options, ranging from casual eateries to upscale restaurants. In addition to its proximity to the downtown area, this location is ideally positioned near mid-island amenities that cater to everyday needs. There are a variety of markets: seafood, grocery and gourmet to choose from. Yoga studios, coffee and bakery shops, liquor stores, and more restaurants are nearby. This property is also a short walk to the Town pier, harbor, and around the corner is Goose Pond, Arthur’s Park, and a stop for the WAVE, Nantucket's free bus. Additionally, nearby bike paths provide scenic routes for cycling enthusiasts.

Features

  • Town: Nantucket
  • Rooms: 15
  • Bedrooms: 8
  • Baths: 7 full / 1 half
  • Year Built: 1850
  • Heating: GFHA
  • Approx Sq. Feet: 3,873
  • Acreage: 0.25
  • Est. Taxes: $9,946
  • Lot Desc: See Deed, Yes
  • View: None, Res
  • Appliances: Stove: Wolf - 5 Burner, Washer: Yes
  • Property#: 93154
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /mls/93154/109orangestreet_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

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teamslick@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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

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

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

109 Orange Street, Nantucket (Town), MA, 02554

$9,250,000

Team Slick

Sales Associates

William Raveis Real Estate

Phone: 917.991.4816

teamslick@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

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $7,400,000 $7,400,000 $7,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.228% 6.086% 6.183%
Monthly Tax Payment $829 $829 $829
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $43,184 $44,367 $62,445
Total Monthly Payment $44,138 $45,321 $63,399

* 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.