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JPFCO

Nantucket Real Estate Updates

Nov 1, 2017       Issue: 375

J Pepper Frazier Company
Ocean Breaks Through in Madaket
 
 New Listings VIEW ALL

Oct 18, 2017

Brant Point
$2,195,000

Oct 18, 2017

Tom Nevers
$2,195,000

Oct 25, 2017

Surfside
$5,495,000

Oct 20, 2017

Sconset
$915,000
 
 Recently Sold VIEW ALL 

Oct 2, 2017

Dionis
$3,755,000

Oct 6, 2017

Sconset
$1,630,000

Oct 6, 2017

Town
$3,650,000

Oct 11, 2017

Dionis
$10,800,000
 

GROUND NOTES FROM DALTON
  What Do I Know?

A client and I debated what the asking price of his property should be. Our numbers were close, but mine was slightly less and, what I believe to be, under a psychological barrier. He kept insisting on his number; I mean, truly, how could I be right, I've only been in the business for the last 15 years?! Finally I said, you built this to sell, right? Yes. You want to sell ASAP, right? Yes. Would you be more upset if you try to squeeze every last dollar out of it and it doesn't sell or feel like you left a little dough on the table and it does sell? He went with my number. It'll sell and despite what he might think, it'll sell for market value. And, the ironic part, if we went with his number, it would've taken longer to sell and probably would've sold for less than we'll get now because buyers often pass over overpriced listings.
 
 

LET'S MAKE IT HAPPEN WITH PEPPER II
  Vision

Indian Summer is here on the Island and life is good. We at JPFCO r making it happen daily. Simplicity is a bliss and vision is a must. Another firm had a listing that was priced right but wasn't trading. The Seller came to JPFCO out of frustration. Time to make it happen the JPFCO way. We got the listing, hired an interior decorator, staged the house with furniture and within a week we had the property sold.

Come along and let's make it happen!!!
 
 

RENTAL MARKET UPDATE
  Falling into the Holidays

We are not even over our Halloween candy buzz from last night and by this morning there was already festive, holiday music playing on the air waves. The point here, is that on Nantucket we don't skip a beat! Welcome November, colder temperatures, falling leaves and holiday gatherings with family and friends. There are plenty of people who mistakenly believe that the only time of year to enjoy Nantucket is summer, do not be one of these people! Autumn truly features some of the best that Nantucket has to offer; a quintessential New England small town out to sea! Contact JPFCO to book a beautiful and cozy home at a discounted rate, perfect for your family's new Nantucket holiday tradition!
 
 
FEATURED LISTING
8 Nobadeer Avenue $5,495,000

Gracious, brand new compound amass with textures, high end finishes, and a spacious estate-like feel walking distance to stunning Surfside beaches. An extensive shell driveway leads to all three structures, main house, cottage, and one car garage. In the heart of this substantial lot is a large blue stone patio surrounding the custom pool, built in fire pit, stone bbq area, out door shower, and beautiful landscaping that still leaves plenty of game play or gardening space. Offered fully furnished, the four bedroom main house is bright with a polished palate. Sophisticated details include a wood paneled library or office, cathedral ceiling with skylights for the main living, urbane gas fireplace, and shiny chef's kitchen. The layout is perfection with thoughtful pool views from almost every space, a first floor master, and en-suite guest bedrooms on the upper and lower levels. Lovely two bedroom, two and a half bath cottage compliments the main house with consistent high end details and comfortable separation. This compound, with interior design by Kristy Kay, has it all including a wonderful private feel just moments from Surfside bike path and main Surfside beaches.
  8 Nobadeer Avenue 
 
NANTUCKET REAL ESTATE NEWSWIRE
» Real Estate Sales in September Second-highest Month in History
» Community Investment Tax Credits through Housing Nantucket
» Town Plans for Natural Disasters by Updating Hazard-mitigation plan
» This Boat Goes to the Vineyard, Right?
 

NOTES FROM PEPPER THE ELDER
  Tails I win, heads you lose, Nantucket Real Estate

It seems to me (who cares you say? Hmm, maybe a valid point) that it comes down to two things: Real estate or the stock market. Quite a few high-end real estate markets are taking it on the chin, but not good old Nantucket which is setting records, left and right, and in my opinion (no I did not say humble) has a long way to go. Maybe a balance between the two with some super-safe bonds interspersed. A war will change things, of course, but I'm not sure anybody is stupid enough to put up their dukes with the good OL' U.S.A. On the subject of stupid. How about the NFL and its ultra incompetent commissioner, Roger Goodell.
 
 
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