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JPFCO

Nantucket Real Estate Updates

Dec 1, 2016       Issue: 347

J Pepper Frazier Company
2016 Turkey Plunge at Children's Beach
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000

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
  Dipping and Sipping

On Thanksgiving Day, hundreds of swimmers, including yours truly, and spectators, took to Children's Beach to take the Turkey Plunge to benefit the Atheneum's Weezie Library for Children. Over $100K was raised for the library - that's exceptional and helps makes the Weezie Library an invaluable asset to the community!

From fun, inspiring events like this to enjoying the crisp salt air, Thanksgiving on Nantucket is truly an amazing time and it is catching on; the island was bustling. Couple the amazing times of enjoying a dip in 50 degree water with fellow Nantucketers for a priceless reason or sipping mulled wine while touring historic whaling captains' houses over Stroll or just taking a walk along the gold shores of the Grey Lady with the fundamentals of supply and demand and Nantucket property values will continue to rise.
 
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LET'S MAKE IT HAPPEN WITH PEPPER II
  The Quadeal

What a fun and festive time to be on the Island. Also, a great time to make it happen!!! We are thankful for the Island we live on and the life that we live. It is always great when a Seller is a Buyer and even better when the Buyer of the Seller's property is also a Seller; We call it the quadeal. That is how we make it happen at JPFCO. We had a quadeal the other day where Seller #1 was in the market to buy and Seller #2 was in the market to buy.

Being the Brokers that we are at JPFCO, we brought up the idea that Seller #1 should have a look at Seller #2's property even though not in the exact area Seller #1 had targeted and vice versus. Well guess what Seller #1 feel in love with Seller #2's property and Seller #2 feel in love with Seller #1's property; We had a real deal quadeal. This is how we make it happen at JPFCO!!! Happy Strolling
 
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RENTAL MARKET UPDATE
  The Perfect Gift

This Friday December 2 marks the arrival of Nantucket's annual Christmas Stroll weekend. The island comes alive with Christmas strollers donning Santa hats and holiday attire, festive tree lined streets, carolers ringing in the joyous season, doors are open at most restaurants, shops and galleries and Santa arrives by boat! Craft shows, art shows, theatre shows and a variety of entertainment on Main Street on Saturday...something for everyone!

As we start to check off items on our holiday wish lists and we still need to find that perfect special gift, why not consider giving the gift of sun, surf, warm sandy beaches and beautiful summer sunsets! We still have many prime summer weeks available and continue to add new rental properties to our inventory. Give a loved one the gift of a unique and memorable Nantucket Island experience!

We are pleased to introduce our newest rental home located in the sought after Cisco area. New three bedroom, two full bath home set on a private lot with new pool and patio ready for the 2017 summer season! Click the link below for this new Cisco gem.
    11 Hawthorne  
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FEATURED LISTING
8 Lavendar Lane $14,995,000

Stunning 280 degree panoramic, unobstructed, water views of Nantucket Sound, Nantucket Harbor, Madaket Harbor and Atlantic Ocean to Great Point, Muskeget, Tuckernuck and Martha's Vineyard can be enjoyed from this quintessential Eel Point location. Direct beach path over rolling sand dunes to some of the islands most pristine beaches are just under 150 yards away. Current owner has 2 moorings, one in Nantucket Sound and one in Madaket Harbor. The house and cottage sit on over 5.5 acres and present a discriminating Buyer an opportunity to create an heirloom property with ultimate privacy abutting Nantucket Conservation Foundation. The builder friendly parcel has an abundance of room to renovate and expand the existing dwellings or develop a new compound with house, cottage, pool, tennis court and more. This is truly a blue chip location by any geographical standards.
  8 Lavendar Lane 
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NANTUCKET REAL ESTATE NEWSWIRE
» Why you should visit Nantucket this Winter
» Vice President, Joe Biden, spends Thanksgiving on Nantucket
» Nantucket Tour of Lights Underway
» A Nantucket Guide
 

NOTES FROM PEPPER THE ELDER
  Herman Munster

We spent Thanksgiving at the Mill Reef Club in Antiqua which is quickly becoming, for us, an annual event. Antiqua appears to have 'ridden' out whatever slump there was in the Caribbean real estate business (read Stanford ponzi scheme). and appears to be prospering and enjoying its fairly recent independence from Great Britain. Talking about Prince Harry who was there with his fiancee, who bears a striking resemblance to her soon-to-be Sister-in-Law, Princess Kate, which is a lot better than having a striking resemblance to, say, Rosie O'Donnell or Herman Munster.

Mill Reef really keeps a lid on things: You can't sell your house for more than you paid for it, which includes some sort of CPI factor, as well as allowances for improvements. You can also own only one house, although friends of ours from Darling Street who recently bought a house there only to find there were actually two houses on the property, which must mean that some poor guy who thought he owned a house was told 'Not so fast Buddy.' The lots at Mill Reef are about four acres and cannot be sub-divided. There also appears to be height restrictions. All in all, the places hasn't changed all that much in the forty years we've been going there. In other words, it's working.
 
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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