13 Squam Road, Nantucket Sold!

13 Squam Road closed yesterday for $12.75MM. The property has been on the market for over three years, originally starting at $19.95MM. Although the Buyer received a significant discount off the original asking price, it goes to show market stabilization, the bottom is forming and properties once again have a liquid value. Encouraging news for the Nantucket real estate market. Stay tuned Nantucket real estate enthusiasts! Dalton