|Jul 10, 2021|
|Jul 9, 2021|
|Jul 9, 2021|
|Jul 8, 2021|
|Jul 8, 2021|
|Jul 8, 2021|
GROUND NOTES FROM DALTON
|Peace of the Rock|
|This time of year ceases to amaze me. Even though the island seems so crowded, there's traffic and navigating the grocery store can be a bit of a blood sport, you can always find a piece of the Rock that gives you that inner peace. I was in Madaket checking on a house and it was totally serene - no one around, beautiful colors everywhere from the different shades of the ocean to the dune grass to the flowers, smell of salt air, birds chirping and and boat stays clanking in the distance, all with a light breeze - heavenly...As the saying goes, if you're lucky enough to be on Nantucket, you're lucky enough.
Market continues to fire. Almost already hit $1bn in overall closed deals!
2009 $139 Lowest total yearly volume
2014 $395 $1bn+ year
2017 $411 $1bn+ year
2018 $488 $1bn+ year
2019 $427 $1bn+ year
2020 $344 $1bn+ year. Record year at $1.86bn
LET'S MAKE IT HAPPEN WITH PEPPER II
|The Buyer/Seller Balance|
|How nice it is to be in the coolest place on the East Coast?
Bridging the gap between Buyer and Seller can be a difficult job for some Brokers but not at JPFCO. Recently, we were doing a deal which involved a piece of land that was recently purchased. The owner of the recently purchased land was approached by a prospective Buyer. We negotiated the deal to within $100k and neither side would budge.
Time to make it happen JPFCO style. We suggested that the Buyer close at a later date thus reducing the Seller's IRS liability by over $100k. Also, the Seller would cooperate with all permitting in the interim. This saved the Buyer money on carrying cost and the Buyer will be ready to break ground upon closing. A win win for all parties involved!
JPFCO is always making it happen on ACK. Enjoy the sunshine!!!
|RENTAL MARKET UPDATE|
|A Summer for the Books|
|We're one month down in the summer of 2021 and we can say without hesitation, we've never seen anything like it! The streets are bustling, the roads are filled with Jeeps and trucks packed full for the beach, and the real estate market is continuing to thrive.
As we continue on in what is certainly the busiest summer Nantucket has ever seen, we at J Pepper Frazier Company are constantly looking for ways to make sure our tenant and homeowner vacation experiences are maximized. After all, time away from vacation, while on vacation, is no vacation at all!
Those are the wise words of our friends at Gofer, Nantucket's premier grocery delivery service. From pre-arrival fridge stocking to same-day doorstep delivery, Gofer makes it easy to skip the hectic grocery lines and start your relaxation vacation the moment you arrive.
If you are unsure what groceries you may need in your J Pepper Frazier Company rental property, Gofer offers two complete Rental Packs, that include all of the must-have items for your at-home dining. If you are with us for an extended stay, Gofer offers Doorstep Delivery Membership Passes, one-time payment for unlimited grocery delivery.
To learn more about having your J Pepper Frazier Company rental house stocked and ready upon arrival, follow the link below and use promo code GOFERIT for 20% off your fridge stocking reservation!
Thank you to all of our June tenants for such a tremendous start to the summer, and we look forward to welcoming the rest of you in this summer that is certainly one for the books!
|4 Ellens Way - $5,750,000|
|4 Ellens Way to be delivered for the 2022 season is one of the last opportunities to own a luxurious, island compound in the coveted Miacomet Preserve neighborhood. Thoughtfully designed to capture views over beach grasses to Miacomet Pond, 4 Ellens Way is a contemporary property with more than 4,600 sf of living space, designed to meet your summer dreams. Located on a beautifully manicured street, walking distance to gorgeous South Shore beaches and pristine conservation land, this special property has 6 bedrooms and 6.5 baths on 3 levels, a garage with a second floor studio or office with full bath, plus an outdoor oasis designed for summer entertaining featuring a gunite pool and spa, bluestone patio, and cabana with an outdoor kitchen. To be completed in May 2022 by one of Nantucket’s premier builders, Bessey Construction, 4 Ellens will feature high-end finishes throughout, beach chic decor, functional open layout, and a seamless transition to the outdoor space, all carefully designed for optimum summer enjoyment.*Pictures are renderings|