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Feb 8, 2025 |
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Town
$4,400,000 |
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Feb 4, 2025 |
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Middle Moors
$7,995,000 |
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Jan 31, 2025 |
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Polpis
$20,000,000 |
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Feb 7, 2025 |
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Naushop
$1,800,000 |
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Feb 5, 2025 |
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Sconset
$1,715,000 |
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Feb 4, 2025 |
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Town
$5,100,000 |
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Jan 31, 2025 |
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Surfside
$5,100,000 |
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GROUND NOTES FROM DALTON |
 | Pre-Existing, Non-Conforming | The Nantucket Zoning Code was adopted in 1972. There are many properties built before 1972 that do not comply with the zoning code and have a pre-existing, non-conforming use. For instance, a property with a commercial use in a residential zone is an example of a pre-existing, non-conforming use -- think the Ships Inn on Fair Street or the Wauwinet Inn on Wauwinet Road. Having a pre-existing, non-conforming use can add a windfall of value and is another piece of the Nantucket real estate puzzle. However, if the pre-existing, non-conforming use is abandoned for 3+ years, then it becomes invalid.
I know it is only February, but the market is on pace to have its second biggest dollar volume year in history. | |
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LET'S MAKE IT HAPPEN WITH PEPPER II |
 | Bridging the Gap | JPFCO is doing a deal where the price gap can't be closed because both Seller and Buyer refuse to come down or come up, respectively. Time to make it happen. Team JPFCO comes up with an offer where the Buyer closes on the property in 21 days, but leases it back to the Seller for a period of 5 months for $1. In this case, good not to be penny-wise and pound foolish; the recommendation of the leaseback for $1 versus market rate helped to restore the spirit of the deal, ultimately leading to another deal inked, and another satisfied JPFCO client.
We're off to a great start -- LET'S GO, 2025!!! | |
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RENTAL MARKET UPDATE |
 | Nantucket Vacation Rentals with Summer 2025 Availability
| Snow on the ground has us dreaming of the summer season and all that accompanies it.
Take a look at these rentals with summer availability and start planning your 2025 Nantucket summer.
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 | 71R Cliff Road | Cliff | Wonderful, brand new home with six bedrooms, a pool with cabana, walking distance to the beach, Town and of course Something Natural. This home was finished with all high end details and filled with everything you could possibly need. Come enjoy all that the island has to offer from this special spot! | |
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 | 7 Gingy Lane | Town | Brand-new to the rental market in 2025; professionally decorated with high-end finishes, 5 bedroom en-suites, two half baths, and an outdoor space with Bluestone patio and hot tub. Situated on a quiet side street off of North Liberty Street.
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 | 26 Okorwaw Avenue | Surfside | An ultra-private 5-bedroom, 4-bathroom Surfside estate situated on three acres of meticulously maintained grounds, featuring a 20'x40' gunite saltwater pool and close proximity to multiple south shore beaches. This seamless outdoor space also features an expansive mahogany deck with cushioned teak seating, oversized deck umbrellas, and access to a bluestone dining terrace with an outdoor dining set and gas grill. A shaded bocce court is situated to the side of the lawn and is available for tenant use. | |
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 | 18 Gardner Road | Shimmo | Located in the sought after Shimmo area of the Island, this spacious home has been added to over time to accommodate multiple generations of family members or groups of families. Located on a quiet road, the property has easy access to the Polpis Road bike path. A great location with easy access to Town or Sconset. The house is within walking distance to Polpis Harbor, Moors End Farm, and The Moors. There is a lovely peek of the harbor from the master bedroom. The home has beautiful artwork, new furnishings, and a well-maintained yard with gardens. A great home for both relaxing and remote working. There are delightful finishes, and a wonderful floor plan that is designed to have spacious, airy, and light filled rooms and great for entertaining. | |
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 | 47 Chuck Hollow Road | Tom Nevers | Star Hill is a recently completely renovated 3000 SF home in Tom Nevers that has amazing ocean views throughout the second level. It is a very private setting with spacious yard, 30 x 15 pool, and comfortably sleeps eight. | |
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FEATURED SALES LISTING |
 | 5 Davkim Lane Nantucket | $2,595,000 | This is a rare offering to own two separate dwellings on a large 12,000-square-foot lot with room for further expansion. Both existing structures have lower levels, offering immediate flexibility to live in one house while renting out the other -- perfect for first-time home buyers. Convenient access for day-to-day living, this location offers the perfect blend of convenience and community, while also offering a strong rental history.
For more information, head to our website by clicking the link below. | |
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FOLLOW US ONLINE |
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