|May 10, 2021|
|May 8, 2021|
|May 7, 2021|
|May 7, 2021|
|May 7, 2021|
|May 6, 2021|
GROUND NOTES FROM DALTON
|As the flowers start to bloom, this time of year always reminds me how important landscaping is to get top dollar for a property. The landscaping is the first impression and sets the viewer's mindset whether they like the property or not before even stepping foot inside. The more blooming flowers, the better.
Nantucket's 2021 Annual Town Meeting is scheduled for June 5. The hot Articles this year are Article 90, restricting short-term rentals, and Article 97, reallocating a portion of the 2% Land Bank fee to affordable housing. Here is a link to the Warrant to see the details: https://www.nantucket-ma.gov/DocumentCenter/View/39032/2021-Annual-Town-Meeting-Warrant-with-Finance-Committee-Motions-PDF
The market continues to crank. $621mm already closed YTD and only five months in. At least another $270mm in the pipeline, too!
YTD as of May 10 in mm's
2009 $109 Lowest total yearly volume
2014 $317 $1bn+ year
2017 $316 $1bn+ year
2018 $392 $1bn+ year
2019 $313 $1bn+ year
2020 $294 $1bn+ year. Record year at $1.86bn
LET'S MAKE IT HAPPEN WITH PEPPER II
|Getting Creative To Get It Done!|
|Summer is in the air and what a wonderful Island we live on!
With construction and the market moving at rapid speed, JPFCO is making it happen, keeping up with the movement by being creative. We had a client interested in purchasing a property pre-construction but they just could not wrap their head around how the program would fit on the lot.
Time to hit the sky! We launched the drone taking multiple shots of the property. We then sent the drone photos to get 3D renderings. This helped the client to see the vision more clearly, team JPFCO making another deal happen. Soon we will be breaking ground, helping to make memories on the Island for generations to come.
|RENTAL MARKET UPDATE|
|Come Fly With Me - Direct to Nantucket!|
|Summer is just days away and it feels like our seasonal residents and visitors are more ready than ever! On Nantucket we are preparing for the craziness of the season. Homeowners are dusting off the sleepiness of a long winter and readying their properties for all kinds of rental magic. Restaurants and stores are opening their doors and preparing to welcome guests from all over. But before any of the summer fun can begin, our seasonal residents and summer visitors have to get here first!
We are excited to announce that this summer, Nantucket will be serviced with several direct-to-the-island flights and from new origin cities! Coming by way of the Steamship is a Nantucket classic, of course. But if you haven't had the experience of seeing Nantucket from the sky, coming into view in the middle of the crystal blue Atlantic, we highly recommend it!
Above is a helpful guide that will allow you to determine if there is a direct flight that will work for you! We can't wait to see you all soon on the Grey Lady!
|6 South Shore Road - $5,250,000|
|Stunning, custom Surfside property is beautifully and thoughtfully designed and furnished by Elisa Allen and Nantucket Looms, featuring a five bedroom house, one bedroom guest house with garage/cabana and heated pool/spa with exceptional attention to detail throughout. Conveniently located moments to beaches, one mile to Surfside beach, sitting directly on the bike path and within jogging distance to downtown. The house has an open layout that seamlessly connects the interior with exterior making it perfect for entertaining. The detached guest house has a one car garage, cabana, and wonderful second floor studio with high-end kitchen adding to the versatility of this property. The quality of craftsmanship is apparent throughout with many built-ins and tasteful trim details. Beautiful planting beds, hardscaping and a private yard abutting conservation land.|
|63 Monomoy Road - $13,000-$15,000/week|
|Newly added to the rental program! 63 Monomoy Road is a stunningly renovated 4 bedroom 2.5 bath upside-down home nestled down a private driveway in the prestigious Monomoy section of Nantucket. This custom designed home boasts sweeping views of the moors and picturesque island sunsets over Nantucket harbor. Set back off the road, this peaceful home also features an incredibly large yard providing ample privacy. Tranquil Monomoy beach is only a couple of hundred yards away to swim, sail, kayak or just relax overlooking the picturesque harbor, town, Brant Point and Coatue.|