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JPFCO

Nantucket Real Estate News

Jan 1, 2016       Issue: 323

J Pepper Frazier Company
Beach Views
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Town
$4,945,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000
 
 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
  Ding, Ding, Ding

Extra, extra, preliminary results are in - read all about them!

Total volume closed at almost $850,000,000.00 exactly. According to LINK, Nantucket's main multiple listing service, there were 478 transactions this year compared to 527 last year. Last year, total volume was almost $1,000,000,000.00 to the dollar. So, volume down 15% and transactions down 10% would lead many to think that values were down. But, the real story is values were up, measured by median value, but high-end ($10mm+) transactions were down by almost 50%. Think about it, it would only take five $30mm transactions to make up the volume difference. Maybe wishful thinking, but 2016 is a fresh year.

Thank you all JPFCO clients, fans, friends, family - you are awesome!

Our friends are our clients and our clients are our friends!

2016 - let's make it happen!

Happy New Year!!!
 
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LET'S MAKE IT HAPPEN WITH PEPPER II
  Happy New Year!

Wishing everyone a healthy, happy and prosperous 2016.

Let's make it happen!!!
 
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RENTAL MARKET UPDATE
  10 Old Westmoor Farm $35,000 per week

Elegance, Space, Privacy, Amenities!
Located on exclusive Westmoor Farm Road -- once part of the Vanderbilt Hunting Estate -- this brand new property has everything for one or two families to enjoy Nantucket in quiet elegance and style. Comfortably sleeping 20 people, the main house has 7 bedrooms, each uniquely and professionally decorated, and each with an en suite bath. The location is ideal for families with varied interests; within a mile of town, a short hop to the biking/running trails, and a brief ride to several beaches for easy access. The grounds are carefully arranged to offer the best of both worlds: privacy and elegant outdoor living. Separating the main house and guest cottage are integrated stone patios, custom designed pool with water features, a gas fire pit, outside kitchen for entertaining, all enclosed within exquisite landscaping which provides complete privacy for the outside spaces. Parking for 3-4 cars is available on site, though town is a brief walk and the beaches and trails are close by as well.
    10 Old Westmoor Farm  
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FEATURED LISTING
17 Washaman $1,450,000

This "Main Street" Nashaquisset home offers comfortable relaxation with taste and style along with an impeccable maintenance record. The current owner has spared no expense to keep this four bedroom home up to "top notch" modern standards. This well appointed home is located close to town, Surfside Beach and is accessible to a great bike path. This neighborhood offers use of a pool and tennis courts. Stay cool with central air inside or enjoy grilling on the outside patio with seating for up to eight.
  17 Washaman 
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NANTUCKET REAL ESTATE NEWSWIRE
» World's Best Island for Food
» Easy Street Restaurant Hits the Market
» Stranded Sea Turtle Taken To Boston for Treatment
» Notorious July 4th
 

NOTES FROM PEPPER THE ELDER
  High Fallotin'

Well, we got our wish. The Boca Grande Bowl is going to happen. As improbable as it sounds, both the Clemson (#1) coach and Alabama (#2) coach live in Boca Grande. The Island is getting a fair amount of ink about it, along with glowing reports about the place. People are always saying 'don't tell anyone about the Island. We don't want any more people.' The fact of the matter is that you can't change much around here. It's all protected by the Gasparilla Act, which should be the proto-type for other communities. No high rises. No density. Strict rules about advertising. An historic district, replete with an H.D.C. Good stuff.

We were fallotin' in the high cotton last night. Two huge fire work displays, lots of adult beverages and tons of fun. So we pick ourselves up and start all over again. I am anticipating some very positive changes in the tax code this year or next, which will be an incredible boon for real estate. So Boys, 'let's keep the ball rolling.'
 
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