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JPFCO

Nantucket Real Estate Updates

Nov 1, 2016       Issue: 345

J Pepper Frazier Company
A Nantucket Ferry Boat Sunrise
 
 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
  Where to?

The market on Nantucket continues to crank and it's going to be a race to the finish to see if it can pass that mighty $1,000,000,000 line. With a strong market, there is naturally development. But, if there is no land to develop, like on Nantucket, then there is re-development and right now, it is amazing to watch the re-development of areas like East of Town and Surfside. The market is naturally pushing to these areas because other areas like Cliff and Cisco have either become too pricey for many developers and/or buyers or there is nothing available. 10 years ago, there were no new houses on streets like Fayette and Meader and very few in Surfside. Now, shiny yellow shingles are dotted throughout these neighborhoods and properties are trading for strong numbers; $4mm+ for a single-family on Washington Street was unheard of just a few years ago, but now it is happening. Good ol' supply and demand...
 
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LET'S MAKE IT HAPPEN WITH PEPPER II
  Trick or Treat

I find it very interesting, ironic and amusing that the last day to pay your taxes for the year, Halloween and a Presidential election all happen in less then a month of each other. Is it a trick or is it a treat? We at JPFCO know how to make it happen and that is why we trick the ones against us and treat the ones with us. So if you want to make it happen and like treats come down and see Team JPFCO. Happy Halloween!!!
 
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RENTAL MARKET UPDATE
  Don't be tricked by the date...it's always a treat to book early!

Happy Halloween from Nantucket! Our office enjoyed sharing and participating in the annual Halloween Town festivities. We are also looking forward to helping our repeat and new tenants find the perfect 2017 summer rental. With over 900+ rentals in our rental program we are very well equipped to match our rental clients with the right house to fit their needs. JPFCO currently has 250+ leases already in place for 2017. So don't be spooked...booking early is the only way to ensure you get the week(s) and home you want.

Homeowners are reporting they are "off to an excellent start" for the upcoming season. It seems that most homeowners who have checked in with us thus far are keeping their rates pretty much the same as 2016 weekly rates, with the exception of those homes undergoing renovations or pool additions.

As the nights get longer and cooler air moves in, we look back on a very "boo"tiful and successful 2016 rental season and look forward to continued success in 2017. Please remember that we are always in the office to answer any of your rental questions. Contact us at 508-228-3202.
 
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FEATURED LISTING
92 Cliff Road $4,995,000

Stunning Cliff compound beautifully sited on an over sized lot abutting green space. The custom built house and cottage feature open floor plan, high-end kitchen and baths, spacious bedrooms, state-of-the-art AV system, home theater, gym, steam room and gorgeous trim details throughout. The interior seamlessly flows to the many outdoor areas including bluestone patio with gunite pool, outdoor kitchen and regulation size Bocce court. Enjoy breezes and pastoral views from this one-of-a-kind property.
  92 Cliff Road 
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NANTUCKET REAL ESTATE NEWSWIRE
» Commercial Bay Scallop Season Opens Today on Nantucket
» Rebuilding the Jetties Starts this Month
» Nantucket-New Bedford Ferry has a Strong Summer
» Hollywood Mogul Sells Nantucket Mansion for $15mm
 

NOTES FROM PEPPER THE ELDER
  Back

Well, back in Florida again, this time a little early as I had back surgery last week. Going for surgery in Jupiter Florida, coming from Boston, is a little like shopping for peaches in Nome Alaska. So, they did it and they believe with great success. I saw 8 doctors in Boston and none of them wanted to get any where near my back. But then my wife, Libby, came across a Nantucket guy who had the same problem and found a doctor in Jupiter FL who operated on him with 100% success. So I sent my film to Florida and upon receiving it the doctor called (himself, no less.) and said 'I can fix this.' By the way, this is no back-water doctor but one of the former honchos of the Cleveland Clinic. So as much as I like to believe Boston is the 'Hub' of the Universe, there are some things they aren't the best at; although not many. Bull riding being one of them.

Going from the west coast to the east coast and back again there's tons of construction. And that's a good, even maybe a great, sign. Well next time you see me if I'm swinging from the trees in my ape man outfit, then you'll know my operation was a success. Happy winter and, no, I don't rent out the ape man outfit.
 
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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