15 Vestal Street$3,595,000Town

Nantucket Real Estate

6 beds
5 and 2 half
6,751 sq ft
Year Built:
Heating Yype:
197 ago
Assessed Value:
Property Code: #86477

15 Vestal Street, Nantucket, MA

A rare In-town compound offering 4700+ sq ft of living area around the corner from Main Street on a quiet side street. The front house was originally built in 1726 as the Jailors House for the "Gaol" and renovated in 2012. Meticulous renovation was performed by John Skinner and overseen by Matthew MacEachern of Emeritus Design. The over-sized lot consists of a 4 bedroom 3.5 bath main house, 2 bedroom 2.5 bath guest house and large studio with one bathroom. The manicured grounds and positioning of the dwellings lends itself to accommodate large groups or a multi-generational family. Many of the original details were restored while adding today's comforts including but not limited to central a/c, high end appliances, cathedral ceilings, full poured foundations and working fireplaces. All three structures are light filled that connect with the outdoor space and wood burning fire pit. Property may have the ability to be separated per 81L-subdivision. Two off street parking spots. Consistent combined rental income at nearly $200K annually. Wonderful opportunity to purchase a multi-generational compound with excellent opportunity to live in one, rent the other etc. Sold fully furnished. Some rentals have been booked for the 2020 season. Excellent investment opportunity.

First Floor: GAOL BREAK (Front Dwelling): Enter into a welcoming open concept kitchen with island, dining and living area with wood burning fireplace, cathedral ceiling and exposed antique beams. Door leading to private side patio. Three bedrooms on the main floor: Master en-suite bedroom with walk-in closet and tub/shower. Two Jack and Jill bedrooms both with ample closet space share a full bathroom (shower). Powder room. Laundry closet. Central A/C.

Basement: Full finished lower level with TV room, bar, gas fireplace, bathroom with shower, bedroom, utility room and owners closet. Exterior access via staircase to rear patio area.

Second Dwelling: KINGS COTTAGE (Rear Dwelling): Gourmet kitchen with large center island with 6 burner gas stove and double oven, and eat-in dining area with door leading to rear of property. Living room has cathedral bead board ceiling, powder room and a wood burning fireplace. Laundry closet. Second floor: Large open master suite with walk-in closet and full bathroom with tub/shower. The lower level has a bedroom, full bath (shower) and office space. Mini-Splits A/C on first and second floor.

Parking: Yes

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