2 Reacher Lane$1,899,000Miacomet

Nantucket Real Estate Listing

Oct 8, 2021
4 beds
3 baths
16,552 sq ft
Year Built:
Heating Yype:
3 months, 3 days
Assessed Value:
Property Code: #88750

2 Reacher Lane, Nantucket, MA

This delightful four bedroom property is located in the desirable Pine Valley neighborhood in Miacomet close to Miacomet Golf Course.This sun filled location is beautifully landscaped and hedged in offering endless privacy. Located in R 10 L Zoning, the bonus of town water and sewer exists at this seemingly endless .38 acre lot. There is an additional ground coverage of 3,000 square feet which creates endless options. Perhaps do a garage with an apartment above, guest cottage or add on to the existing property. Upgrades in 2013 include a new roof, windows, heating and cooling with mini splits, hardwood floors and an outdoor 100' shed. The lower level offers tremendous living space equipped with a living area, kitchen area, two additional office sized rooms and a full bathroom. Can readily change with proper window egress to two additional bedrooms. Excellent rental income of $ 30k yearly currently accompanies the basement.Review newly attached renderings for a POOL drawn by well received Mark Lombardi of Heritage Landscapes.The backyard serves as an excellent backdrop for one and pools are in high demand! Walking trail nearby overseen by the Land Bank that extends to Miacomet Beach/ bike paths are nearby for exercise to Cisco and various points on island. Enjoy the enclosed outdoor shower in the privacy of the backyard. Excellent location in a truly lovely neighborhood equidistant to Cisco (think Brewery, Bartlett Farm) Surfside Beach or town for great shopping. The trilogy of a solid investment, great rental history and future buildability is not to be missed.

First Floor: Open and inviting floor plan utilizing the terrific southerly exposure. Living room, dining room kitchen ,full bathroom and well sized bedroom .

Second Floor: Three additional bedrooms that share a full bath. Generously sized bedrooms with great natural light.

Third Floor: attic

Basement: Finished basement consisting of living area, eating area, kitchen, full bathroom and two large rooms that could be converted to additional bedrooms with proper egress. Basement has a bulkhead egress. Excellent for additional rental income.

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