Nantucket Island Massachusetts Directory of Real Estate Resources

'Real Estate News' Category

13 Squam Road, Nantucket Sold!

Friday, June 11th, 2010

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. [...]

High-end Nantucket Real Estate going up, up and away…

Tuesday, June 8th, 2010

Never in Nantucket’s real estate history have there been as many properties listed over $20MM on the market. There are currently 7 ranging from $20.95MM to $38.5MM. 6 are single family homes with outbuildings, including cottages, and 1 is 66 acres of raw land. Nantucket has never had a residential sale in [...]

Hot off the Nantucket Real Estate News Press

Sunday, June 6th, 2010

Rumor has it that 13 Squam Road, located on Nantucket’s exclusive eastern shoreline, is under agreement for $13.07MM. It is a stunning piece of property with a house, guest house, swimming pool, tennis court and boardwalk to the beach. It originally started at $19.75MM, 3.5 years ago. Seems like a bottom is [...]

Two Nantucket High-End deals closed by J Pepper Frazier Company

Wednesday, May 19th, 2010

Among other deals, J Pepper Frazier Company just sold 6 Hinckley Lane for $5.75MM and 77 Main Street for $6MM. JPFCo. represented the Buyer in both of these transactions. Both are stunning Nantucket properties. 6 Hinckley Lane is a compound in the Cliff area and 77 Main Street is an historic mansion. [...]

Successful Nantucket Short Sale Closed

Wednesday, May 19th, 2010

J Pepper Frazier Company has closed another Nantucket short sale at 59 Somerset Road. JPFCo. has now closed seven short sales, more than any other Nantucket real estate firm. We do this by persistence and hard work constantly contacting the lender for updates and information. Short sales can work well for both [...]

Going Firsts, Going Seconds, Going Thirds, Final Call…Sold to the highest Bidder!

Monday, May 10th, 2010

Dalton Frazier, Auctioneer Extraordinaire, handled his second foreclosure auction recently.
He was the man next to the red auction flag at 14 Cherry Street, Nantucket MA.
There was a crowd of 9 on-lookers and 1 registered bidder at this 3pm sale. It was short and not-so-sweet with the bidding opening and ending at $492,816.00, with the [...]

Word on the Nantucket Real Estate Street

Monday, April 26th, 2010

Word on the Nantucket Real Estate Street is that 30 Easton Street received an accepted offer for just north of $15MM. Another sign that the Nantucket real estate market is stabilizing and possibly picking up momentum. As this is fresh news, don’t tell anyone I told you, wink-wink.

Daffodil Festival Weekend on Nantucket

Monday, April 26th, 2010

Last weekend was another successful Daffodil Festival Weekend on Nantucket. More than 100 antique cars were in the parade and the tailgate in ‘Sconset was a success. Dalton and Jennifer Frazier entered a 1958 Austin Healey Bug-Eyed Sprite on behalf of Team JPFCO.

Hot Nantucket Real Estate News-Two Significant Price Reductions

Thursday, April 22nd, 2010

The asking price of this Nantucket listing at 25C Washington Street has just been reduced to $1.495MM from $1.649MM. The property last traded on 9/18/06 for $1.72MM and is currently assessed at $1.639MM. This is a great value for a new 4 bedroom, 2.5 bath house in Town with peek-a-boo water views of [...]

Investor Flips Nantucket Property After Foreclosure

Tuesday, April 13th, 2010

Nantucket investment property sells in three weeks