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JPFCO

Nantucket Real Estate Updates

Dec 15, 2015       Issue: 322

J Pepper Frazier Company
91 Low Beach Road
 
 New Listings VIEW ALL

Jul 26, 2017

Middle Moors
$1,995,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

GROUND NOTES FROM DALTON
  Shake, Rattle and Roll

Nantucket is an amazing, vibrant community. The amount of energy and activities going on in the summer is endless. However, for a year-round community of 12,000, the amount of action downtown in the off season is shocking. We have a world class music center, Nantucket Community Music Center Nantucket Community Music Center, a world class culinary center Nantucket Culinary Center, a beautiful knitting shop that offers classes Flock, two movie theaters, one of which is as state of the art as any, Dreamland, a gorgeous library that consistently has speakers, programs and classes, Nantucket Antheneum, two theater groups, Theatre Workshop and White Heron Theatre Company and the list goes on. We are very fortunate to have ReMain Nantucket, which Wendy Schmidt established, to help initially fund and start so many of these organizations.

I feel very fortunate to be part of such an amazing community.

Happy Holidays!!!
 
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LET'S MAKE IT HAPPEN WITH PEPPER II
  $1 Deal

The Holiday Cheer is in the air and JPFCO is rocking deals like it is 2005. We have a client with a double lot. He goes to the Planning Board with an ANR (approval not required) plan. The Planning Board approves the ANR plan but the Land Council appeals the plan. At the same time JPFCO finds a Buyer for the original lot less the ANR lot.

Time to make it happen JPFCO style. We propose that the Buyer offer the Seller two scenarios. 1st scenario the Buyer and the Seller come to a meeting of the mind on a price for the lot less the new ANR lot. In this scenario the Buyer will sell the ANR lot back to the Seller for $1.00 once the appeal from the Land Council has concluded. If for some reason the Land Council wins then the Buyer will pay 1/2 the difference between the 1st scenario and the 2nd scenario. 2nd scenario the Buyer offers the Seller more $ then scenario 1 for the entire property. The Buyer and Seller agree to do the deal and this is how we make it happen here at 19 Centre Street.

Happy Holidays to all and if you want to make it happen in 2016 then you know where to find Us.
 
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RENTAL MARKET UPDATE
  Christmas Stroll 2015

With the holidays right around the corner why not think of giving the gift of an Island vacation! What a great way to show the ones you love that you want to spend quality time with them on our beautiful Island. With over 800 properties in our rental program there is something for everyone!

A quaint cottage in 'Sconset, a bungalow near the beach, an in-town antique or something off the beaten path. Want a pool, walk to Town, or walk to a beach? We are happy to help you find the best fit for your group (big or small). Let J Pepper Frazier Company help make your 2016 vacation wishes come true!

We would like to take this opportunity to wish our homeowners and rental clients a very Happy Holiday and a prosperous New Year! We look forward to another successful summer season! Please take a moment to send us your latest rental update on 2016 rates and availability.
    Home Owner Update  
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FEATURED LISTING
91 Low Beach Road $9,995,000

This 'Sconset estate is an exquisite oceanfront home that boasts bright open living spaces, maple wood floors, custom millwork and coffered ceilings throughout. Grandeur is the sense instilled from the first step into the impressive entrance hall. There is extensive paneling, two staircases, and masterful attention to detail which extends throughout the entire property. The main home has an open, expansive floor plan with thoughtful design, elegant dining, 5 ensuite bedrooms, and a multitude of comfortable gathering spaces and balconies. There is a well appointed central kitchen that overlooks the slate field stone patio which surrounds the pool and exterior living spaces. Smart home features include NEST thermostats, surround sound, a new water filtration system, and automatic shutters. The two bedroom guest cottage with attached garage anchors the pool and is a thoughtful continuation of the character of the main house. There are verdant fields to explore complete with serpentined stone walls, maze like privet hedges, and irrigated English gardens. This estate offers views, acreage, pool/tennis court, and European style living.
  91 Low Beach Video    91 Low Beach Listing 
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NANTUCKET REAL ESTATE NEWSWIRE
» Island Airlines Shuts Down
» Jetties Construction Project Delayed
» Hospital Thrift Store Record Year
» Vorce Named State Planner of the Year
 

NOTES FROM PEPPER THE ELDER
  Boy George

Made it to Boca Grande yet again. It was kind of hard leaving that glorious Nantucket weather. I mean, roses in full bloom in mid December. As I've maintained B.G. is grossly under-priced. You can get a really nice house in a superior location for under $2,000,000. But as, I'm going to say Bob Dylan, said, 'Times they are a-changing.'

Why? One key factor is that that the Nantucketers are coming. No not the Russians. The other way around; they invaded Nantucket. Remember? These are good Nantucketers and understand real estate values. In my capacity as a Florida real estate broker, I have three people looking and they are all the types you would want in your neighborhood. The problem is very small inventory. Nine 'good' properties at most.

Well it took a while, but we finally have another George Frazier in the family. He will be christened on Boca G. in a couple of weeks. Boy, is he good-natured. Could be that he hasn't heard a political speech yet. See. I did it. I didn't mention any names. Maybe I better quit while I'm ahead. Merry Christmas and pray for peace.
 
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One of the oldest and most experienced nantucket real estate
JPFCO | 19 Centre Street Nantucket, MA 02554

Call Us: (508) 228-3202