There Once Was a House in Nantucket: Massachusetts' Most Expensive Home

A captivating compound that was a former seashore club on Nantucket now holds the title of the most pricey listing in Massachusetts.

On the sector for $39 million, the 1-acre waterfront residence was initially a non-public seaside club in the 1930s. Nowadays, it is really a “multipurpose residence” anchored by a four-unit seashore household and two cottages.

“A person of the free of charge-standing beach cottages has been held [in] its first 1930s style,” states listing agent Allison Mazer, of Compass. The home also will come with two garages, a wonderful courtyard, and a significant parking spot.

The compound’s site on Cliff Beach front feels “very secluded” even nevertheless it really is much less than a mile from town, adds Mazer. It sits future to the Cliffside Seashore Club, a luxury resort.

Oceanfront perspective

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All informed, the present-day configuration provides 10 bedrooms, 10 loos, and above 7,200 square toes of dwelling place.

The multipurpose property, which has turn into a Nantucket landmark, was constructed to final. Lots of waterfront attributes on Nantucket have either erosion or flood issues—or each, suggests Mazer. But this house would not have those people problems “owing to protections afforded by the west jetty and [the property’s] superior elevation.”

For an entrepreneurial customer with advancement experience seeking to dollars in on the island’s bustling tourism, this expensive assets could demonstrate tempting. It is really the only property on the island’s north shore that is zoned for household and business use.

“It’s a terrific portfolio for a hotel, extended keep, or residential compound,” claims Mazer. “It would also be a fantastic opportunity for a boutique hotel.”

The article There When Was a Household in Nantucket: Massachusetts’ Most Highly-priced Household appeared initial on Serious Estate Information & Insights | realtor.com®.