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JPFCO

Nantucket Real Estate Updates

Jul 11, 2019       Issue: 414

J Pepper Frazier Company
Main Street Celebration
 
 New Listings VIEW ALL

Sep 11, 2019

Nashaquisset
$1,425,000

Sep 11, 2019

Mid Island
$1,250,000

Sep 11, 2019

Hummock Pond
$5,200,000

Sep 11, 2019

Sconset
$6,799,000
 
 Recently Sold VIEW ALL 

Aug 30, 2019

South of Town
$1,000,000

Aug 29, 2019

Cliff
$6,100,000

Aug 29, 2019

Polpis
$4,175,000

Aug 29, 2019

Town
$2,425,000
 

GROUND NOTES FROM DALTON
  Don't Count Your Chickens Before They Hatch

The deal's not closed until the check clears. I tell my clients, even if you don't like the other side, even if you despise the other side, don't get too emotional and become petty because we may need the other side's cooperation in a pinch. For example, I say, if your closing documents don't arrive on time and your deposit technically becomes at risk, we don't want the Seller to not grant a one day extension because we did something petty and then they make claim to your deposit. As the saying goes, keep your enemies close (especially with real estate deals).

Market's coming alive.

Year over year comparison of YTD volume:
'09 – $139mm
'10 – $250mm
'11 – $223mm
'12 – $287mm
'13 – $256mm
'14 – $393mm
'15 – $330mm
'16 – $426mm
'17 – $408mm
'18 – $487mm
'19 – $418mm

These two middle July weeks are the hidden gems of the summer - weather's typically great, everything's open, Island life is in full swing, but they have the relaxing vibe of September.
 
 

LET'S MAKE IT HAPPEN WITH PEPPER II
  Dreams & Opportunities

I'm not saying it's easy pleasing everyone but we do our best at team JPFCO. Nantucketers are the elite in so many ways; best beaches, best restaurants, best sailing, best fishing and the list goes on. Sometimes it is financially difficult to enter into one of the best real estate markets in the world. This is where team JPFCO helps to make it happen. We have found the most wonderful properties for the most wonderful people because we make it happen.

The other day we had the opportunity to make a local family's dream come true, not only owning their first home but a home in an elite real estate market. With some negotiating and creative financing team JPFCO was able to make it happen for an awesome local family. It was privilege to help make this family's dream come true. Swing by The JPFCO office say hello we love meeting new people. Our clients are our friends and are friends are our clients. Cheers
 
 

RENTAL MARKET UPDATE
  July

There is nothing better than fireworks, the aroma of Juice bar waffle cones, vibrant blue hydrangeas as you stroll down Main Street, and sandy trails that lead to the water, all of which tell the tale of July on Nantucket.

This year's July 4th was outdone once again with gorgeous beach day weather and a bright, starry evening. And although July might be halfway through, summer has just begun, and we have so much to look forward to! Some particular events of the summer include:

Gardens Events
Nantucket Garden Festival July 16-18 highlights the beautiful garden ecosystems on Nantucket. Participate in the lovely festival by learning how to make flower arrangements and attending creative workshops.
Nantucket's Garden Club 65th Annual House & Garden Tour Wednesday, August 7, 2019 11:00 am - 4:00 pm "A Summer Day on Brant Point" Six homes and gardens, complimentary Tea and Boutique on ground of US Coast Guard Station, and exquisite historic homes and gardens.

Charity Events
Un-Leashed benefiting NISHA August 2, 2019 6:30-11 pm Under the Tent at Bartlett's
Nantucket Cottage Hospital's Boston Pops Saturday, August 10, 2019
Nantucket Community Sailing 25th Anniversary Gala August 16, 2019 6:30 pm - Midnight Nantucket Hotel Ballroom

So soak up all the events Nantucket has to offer and remember to celebrate the beauty of this island for, as we know, Nantucket, is truly a piece of heaven and a place to always cherish.
    Nantucket Garden Club  
 
FEATURED LISTING
32 Somerset Lane $4,295,000

This contemporary, custom-built, 6 bedroom home is located in the desirable Miacomet area in close proximity to popular South Shore Beaches, Miacomet Golf Course, Hummock Pond bike path, Cisco Brewery, Bartlett Farm and Town. The beautiful home, gunite pool and cabana sit on an oversized lot and abuts over 30 acres of Nantucket Land Bank Conservation. The impeccably maintained home features a spacious, open floor plan with modern design and beautiful landscaped grounds with multiple outdoor entertaining areas. The outdoor oasis includes a large gunite pool surrounded by a blue stone patio, a spacious mahogany deck and lounge area, a bluestone patio with dining for 12, an expansive back yard surrounded by green space and a large front yard with a covered porch. Additionally the property has significant expansion opportunities to enlarge existing house, construct a cottage and add a garage. 32 Somerset is a must see for those interested in a modern home with privacy and easy access to South Shore Beaches and Historic Downtown. Property boasts a strong rental history.
  32 Somerset Lane 
 
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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