nareb journal spring 2010

A publication of the Nantucket Association of Real Estate Brokers

NANTUCKETNANTUCKETPROPERTY JOURNALPROPERTY JOURNAL

Vol. 2 No. 1 � � Spring 2010

NANTUCKETPROPERTY JOURNAL

EditorDon Costanzo

ContributorsRob BenchleyJordi Cabre

Andrew Spencer

DistributionKen Turgeon

A Publication of the NantucketAssociation of Real Estate Brokers

PresidentBill Liddle

Vice PresidentKen Beaugrand

Past PresidentPenny Dey

TreasurerBernie Coffin

SecretaryDalton Frazier

Members at LargeKenneth Lindsay & David Boyce

ON THE COVERthe arwork of Victoria Harvey

Spring 2010 • Nantucket Property Journal • 3

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Nantucket Property Journal is published four times a year by the Nantucket Association of Real Estate Brokers and is distributed free on

Nantucket. All content of this magazine, includingwithout limitation the design, advertisements, art,

photos and editorial content is Copyright “C” 2010,NAREB. No portion of this magazine may becopied or reprinted without the express written permission of the publisher. Nantucket Property

Journal is a registered trademark of NAREB,PO Box 335, Nantucket, MA 02554.

For advertising and editorial inquiries, contact:Editor Don Costanzo at [email protected]

Victoria Harvey works in oil on canvas, painting en plein air (in the landscape) and in the studio witha strong sensitivity to color and a traditional, lively

and painterly technique influenced by the AmericanImpressionists. She received formal professionaltraining at a small fine arts conservatory and hasreceived numerous honors for her work, which is represented in many notable collections around the country. She is a member of Oil Painters ofAmerica, Landscape Artists International, and

The Artists Association of Nantucket. Favoring thesubject matter of the Nantucket landscape and

harbor, she has painted on Nantucket since 1990.Her work can be seen at Nantucket Artworks,

Sosebee Studio and Fine Arts Gallery, NantucketLooms, The Artists Association of Nantucket and on her Web site at victoriaharveyart.com.

49 State of the Market Real Estate insight and analysis

25 Pocket Parks Finding calm in the midst of commotion

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50 Great Values Five properties that shine in today’s market

2 Christopher’s Home Furnishings

4 Congdon& Coleman Real Estate

8 Linda Bellevue

10 Marybeth Gibson

11 Mimi Huber

12 Nantucket Real Estate

14 Atlantic East Real Estate

17 Heidi Drew

18 Compass Rose Real Estate

20 Maury People/Sotheby’s International Realty

22 Great Point Properties

24 ACK Broker

29 Westbrook Real Estate

30 Jordan Real Estate

35 Windwalker Real Estate

36 J Pepper Frazier Co.

40 Killen Real Estate

42 Island Properties

44 Lee Real Estate

45 Gary Winn

46 Country Village Real Estate

47 Chandra Miller

48 Harold R.WheldenHeating & Air Conditioning

51 Coffin Real Estate

52 Debbie Cleveland

52 Petite Travelers of Nantucket

52 Welch & Associates Inc. RG

53 Jack Bulger

53 Denby Real Estate

54 Business Card Directory

55 Chatfield-Taylor Real Estate

57 Jack Bulger

57 Edith Delker Real Estate

57 Cam Gammill

58 Craig Hawkins

57 MAIN ST. NANTUCKET, MA 02554 | PHONE: (508) 325-5000 | WWW.CONGDONANDCOLEMAN.COM

4 • Nantucket Property Journal • Spring 2010

6 bedrooms, 7 full baths, 2 half bathsListing Agent: Matt Payne

TOWN $7,495,000

4 bedrooms, 4.5 bathsListing Agent: Anne Gifford

SHIMMO $3,495,000

Serene 1.64 acre vacant lotListing Agents: Matt Payne/Tom Kennelly

WEST OF TOWN $2,500,000

5 bedrooms, 4.5 bathsListing Agents: Dan Barber

MONOMOY $3,895,000


Tom Kennelly, President, Dan Barber, Linda Bellevue, CBR, GRI

Mimi Congdon, Rick Donnellan, Marybeth Gibson, Anne Gifford

Michael Gunson, Mimi Huber, CBR, GRI, Keri Kalman

Joyce Montalbano, GRI, Matt Payne, John Trudel, Tom Weinstock


4 bedrooms, 3.5 bathsListing Agent: Rick Donnellan

TOM NEVERS $1,875,000



6 bedrooms, 4 full baths, 2 half bathsListing Agent: Matt Payne

SURFSIDE $1,495,000

3 bedrooms, 3 bathsListing Agent: Rick Donnellan




3 bedrooms, 2.5 bathsListing Agent: Matt Payne

TOWN $1,395,000

3 bedrooms, 3.5 bathsListing Agent: Tom Weinstock

NAUSHOP $1,150,000

4 bedrooms, 2 bathsListing Agents: Mimi Congdon/Anne Gifford

EDGE OF TOWN $999,000


MID-ISLAND $949,000

6 bedrooms, 4 bathsListing Agent: Dan Barber

SURFSIDE $729,000

4 bedrooms, 3.5 bathsListing Agent: Tom Weinstock

NAUSHOP $1,159,000


Tom Kennelly, President, Dan Barber, Linda Bellevue, CBR, GRI

Mimi Congdon, Rick Donnellan, Marybeth Gibson, Anne Gifford

Michael Gunson, Mimi Huber, CBR, GRI, Keri Kalman

Joyce Montalbano, GRI, Matt Payne, John Trudel, Tom Weinstock


2 bedrooms, 1 bathsListing Agent: Rick Donnellan

TOM NEVERS $599,000

2 bedroom, 2 bath condo unitListing Agents: Joyce Montalbano/Tom Weinstock

NAUSHOP $495,000

2 bedroom, 1 bath free-standing condoListing Agents: Linda Bellevue/John Trudel, Owner

MID-ISLAND $439,000

3 bedrooms, 2 bathsListing Agent: Mike Gunson

MID-ISLAND $425,000

1 bedroom, 1 bath first floor condoListing Agent: Joyce Montalbano

TOWN $475,000

LAND LISTINGS

Mid-Island$895,00015,990 sf

Listing Agent:Linda Bellevue

Tom Nevers$1,125,0002.75 acres

Lising Agent:Tom Weinstock

Naushop$450,0005,000 sf

Listing Agent:Tom Weinstock

Naushop$495,0005,678 sf


Tom Nevers$775,0001.25 acres

Listing Agent:Rick Donnellan

Naushop$425,000.12 acre


Tom Nevers$750,0004,792 sf


Mid-Island$495,00020,099 sf


Tom Nevers$1,100,0002.75 acres



Oceanfront custom home located in Tom Nevers is elegant yet casu-al. Five bedrooms plus five and one half baths, gourmet kitchen,

numerous living areas and heated pool.


Large, immaculately maintained 3-4 bedroom Cape with finishedbasement and garage with studio above. Two fireplaces, sunroomand large, beautifully landscaped back yard. Wonderful family home.

MIACOMET $1,195,000

Gracious home with guest cottage on a private 2.76 acre lot.Wonderful property for entertaining.

QUIDNET $3,875,000

Light and bright home situated on over three acres with harbor and town views. Privacy abound from

both the main house and cottage.

WAUWINET $3,200,000

Located on a side street in the Historic District, this custom 4 bedroom,3.5 bath house is a shor t distance to Town and beaches.

Exceptional features throughout.

TOWN $1,865,000

Linda Bellevue, CBR, GRI, BrokerCongdon and Coleman Real Estate508-325-5000 x11 (office)508-325-2700 (cell)[email protected]


Light filled private 3 bedroom, 2.5 bath home with wrap around porchesand decks on 2.75 acres with panoramic views of Sankaty lighthouse,

golf course, moors and distant ocean. Large irrigated lawn.



Linda Bellevue, CBR, GRI, BrokerCongdon and Coleman Real Estate508-325-5000 x11 (office)508-325-2700 (cell)[email protected]


Located on one of the most desirable streets in the Old Historic District,the Christopher Swain House offers numerous original architecturaldetails, including wide pine floors, a fireplace cupboard and blanket

warmer, paneled pine doors and spectacular, articulated beams.

TOWN $1,675,000

New home with views of Nantucket Harbor.Gourmet kitchen, fir flooring, marble tiles and outdoor shower

are just a few of the many amenities of this custom home.

TOWN $1,795,000

Many original features intact in this 1834property located on Pine Street. Off streetparking with brick patio and lovely yard.Fully furnished with solid rental history.

TOWN $1,995,000

Three bedroom, two and one-half bath Chip Webster quality designed home

with exceptional landscaping.

MIACOMET $1,295,000

Wonderful space with many options, upgradesinclude a new roof, fresh paint, new windowsand antique flooring. Custom wet bar, nook and built-in bookshelves all included in sale.

Located at the end of a cul de sac.

WEST OF TOWN $799,000

Bright second floor condo with enclosedyard, exclusive use of specific areas, designat-

ed parking space for one car for this unit.Charming open unit with fireplace.

TOWN $475,000

Tastefully renovated in 2002, this condo unit hastop of the line appliances, soapstone countertops,antique heart pine floors, central air, central vacu-um and a security system. Excellent rental poten-

tial and a short distance to Town.

TOWN $499,000

Wonderful opportunity to custom build your dream home in Monomoy.36,000+ square foot lot with harbor views from a potential second floor.

MONOMOY $2,395,000

57 MAIN ST. NANTUCKET, MA 02554 � PHONE: (508) 325-5000 � WWW.CONGDONANDCOLEMAN.COM

A historic three bedroom, three-and-a-half bathhouse built in 1745 with a private

English garden and off street parking.This house has been completely renovated

and upgraded with many original details intact.

Marybeth GibsonCongdon and Coleman Real Estate508-325-5000 x17 (office)508-325-2897 (cell)[email protected]


TOWN$1,695,000

Adorable four bedroom, two bath home located in the quaint Village of Siasconset.

Small lovely garden and patio area in the backyard. Water views

from second floor.Great rental history.Sold fully furnished.

SCONSET$1,395,000

Three bedroom, two bath home with newly renovated kitchen.

Abuts Conservation land. Close to Town.

WEST OF TOWN$1,200,000



Mimi Huber, CBR, GRI, BrokerCongdon and Coleman Real Estate508-325-5000 x12 (office)508-325-2073 (cell)[email protected]

SHEEP POND $3,295,999

This beautiful 4 bedroom, 2.5 bath antique imparts the essence of a European country home with elegant custom kitchen, eight fireplaces, exposed wood beams, enchanting gardens, fabulous

views from roof walk and a great location

TOWN $3,250,000

This property represents an incredible value. Two beautifully maintained4 bedroom, 2 bath homes, surrounded by mature privet and private

from one another. Just minutes to Town, Cisco and Bartlett Farm. Live in one, rent the other or rent both to maximize the income potential.

HUMMOCK POND $1,495,000

Hidden from street view, this truly unique property offers a quintessential 1930s three bedroom, 1 bath bungalow cottage plus

an oversized garage with attached artist’s studio with half bath.A perfect summer retreat with tremendous potential for expansion.

HUMMOCK POND $1,025,000

This sunny 3 BR, 2.5 bath gambrel offers a central location neartown, schools and beaches. The spacious yard with perennial

gardens and large deck is perfect for children and outdoor entertaining. Offered as a short sale, subject to bank approval.

SURFSIDE $545,000

Make an offer! Beautifully maintained, fully furnished 4 bedroom,3 bath colonial on a charming side street in town. Features include two wood burning fireplaces, wide pine floors, beautiful gardens, a

two car garage, an exceptional rental history and room for expansion.

TOWN $1,995,000

This one-of–a-kind property offers two independent 2-acre lots andincludes an enchanting cottage, deeded beach access, stunning viewsand total privacy. Surrounded by hundreds of acres of conservation

land. Seller would consider selling vacant 2 acre lot separately.

NANTUCKET REAL ESTATETO VIEW ALL OF OUR FINE PROPERTIES, VISIT OUR WEBSITE AT:

WWW.NANTUCKETREALESTATE.COMOR EMAIL US AT:

[email protected]

Ken Beaugrand, Owner/BrokerCurtis Barnes, Chele Bayard,Yvonne Breslin, Marylyn Burns, Marion Roland Conley, Rob Frame,Karen Gibbs, Ginger Ivey, Pat Larabee, Chris Magee, Nash Strudwick, Christine Whelden,Soo Woodley


Fair Street Elegance

Large home with 5/6 bedroomsand living space on three levels. Off street parking

for one vehicle

$2,595,000

Whaling Era Home

Renovated and updated, this 1806 home with

3 bedrooms, private yard and off-street parking

$2,850,000

In Town Home

New 4 bedroom, 3 bath homejust steps from downtown.

Private patio and off street parking

$2,500,000

Historic Town Home

Oversized in town lot with roomfor expansion and 2nd dwelling.4 Bedrooms, 1.5 baths off street

parking and 2 bay garage.

$1,700,000

Style and Comfort

Large lot on quiet cul-de-sac inNaushop. Large sunny kitchen,

3 bedrooms, 2.5 baths.

$989,000

Lily Street Retreat

Large home with 4 bedroomsand 3 baths, has gracious

living areas and off-street parking

$1,990,000

Distinctive Homes

NANTUCKET REAL ESTATETO VIEW ALL OF OUR FINE PROPERTIES, VISIT OUR WEBSITE AT:

WWW.NANTUCKETREALESTATE.COMOR EMAIL US AT:

[email protected]

Ken Beaugrand, Owner/BrokerCurtis Barnes, Chele Bayard,Yvonne Breslin, Marylyn Burns, Marion Roland Conley, Rob Frame,Karen Gibbs, Ginger Ivey, Pat Larabee, Chris Magee, Nash Strudwick, Christine Whelden,Soo Woodley

Hither Creek

Three bedrooms two baths on the creek and ocean beaches.

Excellent rental history

$1,450,000

Trio of Sconset Cottages

9 Lily Street 2 bedrooms, 1 bath $975,000

7 Lily Street 4 bedrooms, 2 baths$1,295,000

16 Lily Street 3 bedrooms, 2 baths $1,395,000

Modern Colonial

Potential: 3 bedrooms, 2.5baths, full finished basement

on large parcel.

$2,200,000

Brant Point Building

Opportunity – Building lot withConCom issued Resource

Determination outlining buildingenvelope abuts protect town

and Land Bank land. Potential forspectacular second floor views

$1,100,000

Pocomo Home

3 bedrooms, 2 baths, detachedsingle car garage. Potential forexpansion with septic upgrade.Wrap around porch for outdoor

living, harbor views.

$1,425,000

Upper Main Street

3 Bedrooms, 2 baths. Looking outonto Caton Circle and the broadexpanse of upper Main Street, thisfamily home is ready of rehabilita-

tion and renovation.

$1,495,000

Unique getaways

Land ListingsMid-Island0.46 acres$495,000

Miacomet0.89 acres$1,350,000

Cisco0.71 acres$995,000

www.AtlanticEastRE.comVisit our Web site to view all the island listings and our extensive rental portfolio

5 North Water Street, Nantucket, MA 02554T: 508-228-7707 F: 508-228-7780

Renovated Pair In Town!These Nantucket homes sit in a wonderful part of the Old Historic District. Including themain house and guest cottage, the property has a total of six bedrooms and seven and a halfbaths just a short distance to Main Street. Listing agent is related to the seller.$3,275,000Listing Agent: Peter DuPont


Beautifully Renovated AntiqueThis exquisite historic home was originally built in 1767 byJoseph Swain. Meticulously restored windows, mantles andantique pine floors are just some of the features that preservethe integrity of this historic home. One not to be missed!Listing Agent is related to seller.

$3,675,000Listing Agent: Peter DuPont

‘Sconset CraftsmanshipLocated on the edge of ‘Sconset Village, this Christopher L.Maury designed and constructed home features superbcraftsmanship and state of the art amenities.

$2,695,000Listing Broker: Mary Malavase, ABR, RSPS,TRC


Penny Dey, GRI,ABRM � Heidi Drew,ABR, RSPSPeter DuPont � Mary Malavase,ABR, RSPS,TRC

Erikka Perkins � Lisa Sherburne,ABR, RSPS � Anne Remian


Quidnet Near the Sea

Complete the courtyard and create your own secret garden by the sea. Then, turn things upside down

and climb to the glorious views of the ocean, pond and Sankaty Light. Stunning views are protected.

Truly a one of a kind property.

$1,695,000Listing Broker: Penny Dey, GRI, ABRM

Sunny and SpaciousThis beautiful in-town gem, set on a quiet side street has everything youcould want! Built in 2006, this meticulously constructed home offers fivebedrooms, the latest amenities and a lovely landscaped yard.A must see.Listing agent is owner of property.

$2,895,000Listing Agent: Peter DuPont

Pristine Charmer

Immaculate property with thoughtful design and construction.Main house offers a first floor master suite, three additional bedrooms,two fireplaces and multiple living areas including a separate dining room.The lot is a half acre and the private back deck is surrounded by beautifullandscaping. Detached garage with studio.


Secluded Surfside Setting …On nearly two acres. Just minutes to the beach and three miles to

town.This stately four bedroom Colonial style home offers three and ahalf baths, fir and tile floors, a fireplace, a soaring ceiling and expanses

of glass overlooking the private back yard and deck. Wonderful south-ern exposure and room to expand.

$1,395,000Listing Broker: Mary Malavase, ABR, RSPS,TRC

SALE PENDING

SALE PENDING


5 North Water Street, Nantucket, MA 02554T: 508-228-7707 F: 508-228-7780


Pleasant Street StyleLocated in the award winning, turn key com-munity of Nashaquisset isthis two bedroom, threebathroom home with aseparate den and a profes-sionally landscaped yard.Outstanding rental historyplus prime location with pool, tennis, year round caretaking and maintenance all at your door step.Offered fully furnished.$815,000Listing Broker: Melinda Vallett

Polished ClassicColonialWith central A/C, two liv-ing areas, and many tastefulupdates.Generously pro-portioned rooms includethree bedrooms, two andone half bathrooms and afull basement. The homealso offers access to the community’s pool and tennis courts.

$839,000Listing Brokers: Lisa Sherburne & Mary Malavase

Two CharmingHousesOn a half acre lot, thismain house and cottageoffer a variety of possi-bilities. Conveniently sit-uated between town andthe south shore beacheswith access to shuttleand bike path. Property is lushly landscaped and private,yet in a neighborhood not far from town.

$865,000Listing Broker: Penny Dey, GRI, ABRM

Island Getaway This inviting 1 bedroom& bath residence istucked away on the topfloor of the historicCaptain Gardner Housein town. The accommo-dations include a privateroof walk, patio,wellequipped kitchen,washer& dryer, living and dining areas.Offered fully furnished.Short sale. Subject to bank approval.

$395,000Listing Broker: Heidi Drew, ABR, RSPS

Large Home withGreat PotentialOn an oversized lot,this five bedroom capehas lots of space and abig yard. Convenientlylocated in the Mid-Island area close toshopping, schools andthe shuttle bus. Bank owned.

$575,900Listing Broker: Penny Dey, GRI, ABRM

Brant Point Vacant LandJust 550 feet to the beach or a block to Jetties Beach. Potential 2nd floor views of the Harbor. 6216 sf with

town water and sewer available. Please contact Heidi Drew for additional details. $1,495,000

Squam SerenityShort stroll to the beachfrom this private homein Squam located nextto hundreds of acres of conservation land.Standing first floorviews of the Atlantic Ocean.


SALE PENDING

SALE PENDING

BRANT POINTHARBORFRONT

WITH PRIVATE DOCK!$18,200,000

6 BDRM, 4 BA vintage summerresidence with incredible har-bor views, unbeatable location& loads of Nantucket charm!

Listing Agent/Owner: Jim Cahill

LOCATION, LOCATION!$1,950,000

4 BDRM, 2.5 BA moments toSteps Beach and town. Veryprivate location, this qualitycustom-built home is unique

in many ways with lovelygardens and stone work.

Listing Broker: Constance Sturgis

WAUWINET WONDERFUL

$2,850,000Delightful contemporary 4BDRM/3 BA home on 4 acres

abutting conservation land on 2sides. Terrific attention to detail, 4fireplaces, generous living spacesinside and out. 2 covered porches& lg. connecting sundecks extend

summer living outdoors.

ENGLISH GARDENS IN SURFSIDE

$2,495,000Charming rose covered

craftsman built home withadorable guest cottage,

detached office, surrounded by gardens on a fabulously

manicured one acre lot. Terrificlocation near Surfside Beach!

Listing Broker/Owner: Cynthia Lenhart

FISHERS LANDING$1,200,000

3 BDRM/2 BA Cape stylehome has large expansive

yard and garage with studioabove. Moments from walk-

ing trails thru the LoringFoundation, access to

Warrens Landing tennis courtand boat storage available.


TOM NEVERS EAST$1,450,00

2.5 private acres withcustom built 3 BDRM/3

BA house & 2 BDRM/1.5BA cottage offers a

peaceful sanctuary. Nicely landscaped wexpansionpotential. Priced to sell!

Broker/Owner: Constance Sturgis

(Owner is a MA licensed real estate broker)

CISCO SIDE BARGAIN

$860,000Sprawling 4 BDRM, 2.5

BA single story home w/post & beam garage close

to golf, beach & BartlettFarm. Owner is a MA

licensed real estate broker.

Broker/Owner: Pam Sosebee

SMUGGLERS LUCK$1,900,000

4 BDRM, 2.5 BA NobadeerBeach house just 200 yards

from the sea. Cozy residence w/Fireplace, 2

car garage, roof walk, sundeck, nice yard & hot tub.

Listing Broker:Cynthia Lenhart(Broker is related to seller)

HEATH HAVEN$990,000

Cozy Douglas fir post & beam 2+ BDRM homewith 3 fireplaces, 2 decks,

enormous basement & a garage. Potentially

3,400 sq ft of living!

Broker: Pam Sosebee

GRAY LADY$895,000

A 5 BDRM/ 2.5BAColonial located on Gray

Ave. close to Surfside bikepath, schools, shopping & bus stop. 3/4 Acre lotoffers privacy and roomfor expansion or garage/apt. Quiet location perfectfamily home! Furnished.


IMPRESSIVE COMMERCIAL

COMPLEX$2,400,000

This custom built propertyreflects quality craftsmanship.

Three commercial units onthe first floor and 19 parkingspaces. Deluxe owners apart-ment above offers 3,144 sq ftof living. Also available as

individual condo units.Listing Broker: Cynthia Lenhart

PINE CREST ESTATES $1,449,000

Private 5 BDRM/ 5.5 BAcolonial home on nearly3/4 acre. Two car garage,

finished basement andmore than 4,000 sq ft

of living space!

Listing Broker: Cynthia Lenhart

37 Main Street

SQUAM

The Nantucket Whaler Inn

This immaculately maintained Greek Revival Inn has10 suites, uniquely situated around a lush manicuredbackyard and perennial garden. Each Suite has itsown private entrance. There are 4 studios, 3 onebedroom, and 3 two bedroom suites. 9 Suites havedeluxe wetbars and an outside deck or patio.

$3,250,000

Special Brant Point Property

Ideally situated in the much sought after Brant Pointneighborhood, located moments from Town andNorth shore beaches. No detail was overlooked inthis Botticelli and Pohl designed home and theirvision was masterfully executed by one ofNantucket’s finest builders. Being offered furnished.

$4,200,000

Hither Creek Waterfront with Dock

The “Hither Creek House” has been meticulouslyrenovated to maintain its authentic charm while offer-ing top-of-the-line and completely updated appli-ances and appointments. Sit in your living room andenjoy unobstructed views of forever-preserved HitherCreek, Madaket Harbor and beyond to Tuckernuck.

$3,999,000

Hummock Pond Haven

Two well maintained homes on a very private 1/2 acre loton Hummock Pond Road. Mature plantings help create anoasis of privacy in a location convenient to Town, Ciscobeach and Bartlett Farm. Each home features four bed-rooms, two bathrooms and full unfinished basements. Withremaining ground cover for expansion and a shed, thisproperty has much to offer. Both homes have a great rentalhistory generating approximately $60,000 per year andoffer a buyer many possibilities - live in one and rent theother or rent both. $1,495,000

Renovated Antique

Completely renovated 1800s house located on aquiet street a short distance to town and the GreatHarbor Yacht Club. This charming three bedroomhome is tucked away in a convenient location with aprivate patio ideal for grilling and relaxing.

$1,295,000

Historic in Town

Beautiful 19th Century Nantucket four bedroomhome located at the top of Academy Hill on a sunnycorner lot. Bright and open living spaces with manyoriginal historic details with a small yard, off streetparking and a separate cottage.

$1,595,000

Edward Sanford Bill Liddle Greg McKechnie Debbie Deeley Culbertson Liz FinlayLaura Fletcher Cam Gammill Julie Gasco Dawn Holdgate Wayne Howington Barbara Joyce Tracy King Nina Hallowell Liddle Carl Lindvall Nichole Marks Sam Parsons Stuart Reid Amanda Tosch Phil Witte

508 228 2266


New In-Town...

... with abundance of quality and sophistication You have tosee this house! Custom designed, four bedroom, three and ahalf bath PKG Design Build and Botticelli and Pohl home,was recently completed and awaits a family who are lookingfor a fabulous new home moments from town and a short dis-tance to Steps Beach and The Westmoor Club. Thoughtfullydesigned with top of the line amenities including central air,Wolf, Subzero and KitchenAid appliances, Calcutta marblecounter tops, tiled bathrooms, a computerized irrigation sys-tem and custom light fixtures. $2,600,000

Spectacular Views

Enjoy the views over conservation lands all the way tothe church steeples in town. This exceptional privateproperty consisting of nearly 1.8 acres has a wonderfulsingle story main house with an attached one bedroomapartment that includes a full kitchen and separateentry. The living spacious are bright and open and takeadvantage of the expansive setting. The location isideal given its moments from town, The Westmoor Cluband the North Shore Beaches .

$2,295,000

Gracious Home off Main Street

Fabulous six bedroom, five bath custom built homelocated at the end of a quiet lane with sunset viewsover the pastoral landscape and Westmoor Club.Exquisite cherry woodwork throughout. Viking appli-ances and rare granite counters complete this cus-tom gourmet kitchen. The oversized lot has room foradditional buildings and a pool. Offered fully furnished

. $2,900,000

Polpis

Created by America’s leading post and beam design-er Tedd Benson, this exceptional country estateproperty is located on four stunning acres that over-look Conservation lands that include views over stun-ning cranberry bogs. The property is located adja-cent to endless miles of conservation trails and is abrief bike ride to Polpis Harbor.

$3,990,000

In-Town Charm near the Windmill

Charming turnkey home located a short distancefrom Town and Surfside bike path. This home offersa new heating system, air conditioning, security andirrigation systems. New appliances and fixtures.Large back yard with a storage shed, and a wonder-ful rear patio overlooking the Old Mill. Ground coveravailable for expansion.

$1,200,000

High Ridge

This high point in Shimmo offers commanding viewsof the harbor, Coatue and Nantucket Sound. Thesprawling five bedroom, three bath main house com-bined with a newer three bedroom, two and a halfbath guest house create an ideal summer retreat andthe three plus acre site provides privacy and room fora pool and tennis.

$8,500,000

w w w . g r e a t p o i n t p r o p e r t i e s . c o m

508 228 2266


6 GreenMeadows

A carpenter'sdream! This onebedroom, one

bathroomhome withopen floor plan has great potential. Sited on a

spacious lot in the Green Meadows development,there is room for expansion as well as an

unfinished second floor awaiting your vision! $395,000

ACK Broker | 508.228.1398 | [email protected] | www.ackbroker.com | Offices of Lee Real Estate | Upstairs at 58 Main Street | Nantucket, MA 02554

Meg Ruley | Jane B. Miller

18 Madequecham Valley RoadSit back, Relax, Enjoy the view….Summer Magic in Madequecham

$1,895,000For 2 bedroom, 1 bath cottage on 2+ acres of oceanfront heaven.112 Wauwinet Road

Location, Location, Location ...There is nothing like waterfront, andthis property is Wauwinet privacy

at its best. Moor your boat off thissandy beach front property, then siton the porch and watch the sunset.

$3,249,000For 2 bedroom, 1 bath cottage

on almost an acre of harborfront.

14 Ahab DriveThis open, airy renovated home is

sited on a beautifully landscaped lot indesirable Hummock Pond Estates… It is very private while being close

to town, the beach, and all the extras that Cisco offers.

$2,200,000 Three bedroom, two bath home

on .54 acres. Room for expansion.

22 ArkansasAvenue

Enjoy the sunset from the deck of this well maintained Madakethome.This turn-keythree bedroom, two

bathroom property isappealing as a summerget-a-way or as a year

round residence.

$495,000

13 Bank StreetQuintessential beach cottage in Codfish Park.

Fantastic location just steps away from the villageof 'Sconset and the beach. Great rental history.

$795,000 (co-exclusive).

25 Macys LaneMake your dream of building and owning

a home on Nantucket a reality.This is a 5,000+/-sf lot and located

on town water and sewer$315,000

2 Gloucester StreetA one acre lot (located in LUG 3 zoning)

in Tom Nevers! A great opportunity to build a new home on Nantucket Island

$600,000

The radio in my car has an unusual problemin that it literally gets one station on the

FM dial. And I don’t mean that in the sense thatcertain stations come in better than others. Imean one station comes in, end of conversation.Everything else is static. It’s not a weather-relat-ed thing; this is a year-round, weather inde-pendent situation. Driving in the car, you’ve gottwo choices: interpersonal conversation or thesingle radio station. When I’m driving by myself— which is actually quite a lot lately — I tendto opt for the latter instead of talking to myselfout loud, despite the love I have for the sound ofmy own voice.

What all that means is that I spend a lot oftime listening to the single station that my carradio gets, namely WCAI, better known asthe Cape and Islands’ National Public Radiostation. On a day in early April, author GeorgeProchnik was the featured guest on a “FreshAir” segment on NPR and, given that I was inmy car, I was listening to it. Prochnik was talk-ing about how people today are so bombardedwith noises in their everyday life that they

somehow feel the need to fill their world withnoises. And yes, the irony of the fact that I wasfilling the interior of the otherwise silent carwith the noise of NPR — noise that happenedto be about the quest to get away from noise —wasn’t lost on me.

Ironic situations aside, the points thatProchnik made about noise were quite inter-esting. He pointed out that studies have indi-

cated that elevated noise can lead to hearingloss, as well as higher blood pressure andincreased cardiovascular problems. Sounds alittle to me like Nantucket in August, actually.He also made the point that animals onlyintentionally make a lot of noise when they’researching for a partner during mating season.Again, the similarities to August onNantucket cannot be ignored. But I digress.

In our world of incessant noise, many of ushave sought ways to exclude the omnipresentsounds. In extreme cases, people have builtspecific rooms or entire houses in such a wayas to make them sound-proof. Of course,high-tech ways of covering up or otherwisesilencing all the noise made by equally high-tech gadgets in our collective environmentaren’t cheap. In other words, silence is literal-ly golden.

Despite the rumors about the high-flyingwages of freelance writers, most of us aren’tquite at the point where we can build our-selves quiet rooms where we can work in rel-ative peace. So what’s a poor journalist who

p o c k e t p a r k ssmall oases of silence ~ pleasantly serene, and blessedly free

Story by Andrew Spencer

~

Photos byRob Benchley

You and the kids will enjoy the Atheneum’s green space at the corner of India and North Water streets.


Respite can be found in the smallest of spaces, like this one on Federal Street,between Johnston’s Cashmere and Jordan Real Estate.

wants a little break from the constant noise todo? Fortunately for us — and those like us —there exist in this hectic, chaotic world smalloases of silence called pocket parks that areblessedly serene. And blessedly free.

Pocket parks are, by definition, small out-door spaces that are usually no more than 1/4acre in size. They’re typically built on vacantlots, oftentimes next to either commercial orresidential buildings. They’re usually too smallto allow for any kind of major physical activi-ties. Rather, a pocket park is a place in a rela-tively urban area where you can sit among treesand plants and just sort of zone out amidst thechaos around you.

First seen in New York City in late 1960s,pocket parks can, according to GeorgeProchnik, provide “enormous value to a city”because they afford people the chance to getaway from the noise that surrounds them.Pocket parks are literally a natural escape for

those who choose to utilize them. Prochnikcited a study that showed people who lived innoisy areas were markedly less annoyed bytheir surroundings if there was an easily acces-sible quiet place for them to go.

Those of us who have spent any time inNew York City know how noisy the city canbe, so little pastoral escapes are a welcomerespite in Midtown. But we’re on Nantucket,remember? Noise here is the old Nobska hornthat so many people find charming (no doubtthe same people who listen to NPR, but thereI go digressing again). It’s not like we’ve gottaxis blaring horns at bike messengers who aregetting yelled at by overworked GoldmanSachs portfolio managers. So do we really needpocket parks here?

The answer to that one is an overwhelmingaffirmative. Even here, there are plenty ofsources of stress. There are plenty of thingshere on Nantucket to tickle your aggravation

bone, and the idea of a free escape from all thestress of the daily grind right in the middle oftown is a fan-tab-ulous idea.

Given that I have enough stress in my ownlife to be considered at risk of going off thedeep end, I figured I was at least qualified todo a little relaxation research. It’s tough to pin-point the exact number of pocket parks onNantucket, given the nature of pocket parksthemselves. When does a pocket park becomea full-fledged park? When is a parking lot or acourtyard just a parking lot or a courtyard andnot a pocket park? Let’s don’t even get startedon when a rotary isn’t a rotary but rather amonument. It makes the head swim just tryingto contemplate it all, further adding to mymental stress.

In the interest of ending my mental gym-nastics meet, I picked four representative parksin various parts of the island to see what eachone had to offer. They all fit the definition of a


A wide swath of grass at the busy intersection of Union and Orange streets.

What better place to enjoy an ice cream cone than in ’Sconset’s own pocket park next to the ’Sconset Market.

pocket park — they’re all small (basical-ly a single lot), they’re all accessible andopen to the public and they’re all sort ofin the middle of more built-up areas onthe island. What I discovered is thateach has its own distinct vibe and feel, aseach has its own particular set of quali-ties that add to one’s ability to relaxtherein. So now, sit back and relax.Maybe sit down on a bench or, in theevent you’re feeling a little ironic afterreading this far, in a pocket park (there-by achieving the much sought aftermeta-pocket-park experience).

We’ll start our condensed Nantucketpocket park tour on India Street, justabout halfway between Federal andCentre Streets. It’s a convenient place topark yourself and read something, per-haps while the rest of your party is outshopping. It’s a secluded little nook,almost hidden from view. A stone plaquein the back tells you that it was built in1999 through the Nantucket GreenFund. Another stone memorializes the“twinning” of Nantucket with our sistercity, Beaune, France. The park is conve-

niently located next to the NantucketGourmet, should the need for caffeine, amuffin or a sandwich arise. And becauseyou’re sitting across from Craftmasters,there’s always the chance that Crafty theLabrador Retriever will saunter over topay you a visit.

Once you’ve had your fill of the IndiaStreet park, head up to Centre Street,and if you find yourself needing arecharge, make a quick pit-stop at theBean for a hot cup o’ Joe. Head south onCentre Street, and walk all the way toMain Street. Go across the cobblestonesand slightly to the right, and you’ll endup in our next stop, Nantucket’s newestpocket park. Located at the corner ofMain and Fair Streets, this Land Bankpark really is a cool little park. While thedesign of the park seems very urbancompared to what one might expect tofind on Nantucket, the architectural fea-tures blend in seamlessly with the sur-rounding area and afford visitors a greatplace to sit and relax. There’s a fountainthat offers the combination of runningwater (which is considered a very good

Clockwise from above, left: Always a popluar spot with the lunchtime crowd is the functional pocket next to Nantucket Gourmet on India Street;Watch the boats come and gofrom the simple, serene park alongside the Marine Department on Washington Street; Make a wish at the architecturally impressive park at the corner of Main and Fair streets;Honor our heroes at the Veterans’ Memorial space on Federal Street, between the Town Building and the Visitors’ Center.

Union Street, at theintersection withOrange Street

Veteran’sMemorial onFederal Streetnext to the

Town Building

Upper Broad Street, directly across from the front porch of the Jared Coffin House

Intersectionof Main andMilk streets

On lower MainStreet, two buildings

up from theCourtyard Shops

Corner of Main and Fair

streets

WashingtonStreet, next

to the MarineDepartment

Corner ofMain and

Fair streets

The NantucketAtheneum parkon India Street

In ‘Sconset, next to the‘Sconset Market on Broadway

Federal Street, next to

Johnston’sCashmere

n a n t u c k e t ’ s p o c k e t p a r k s


thing in the Asian art of feng shui) and coins tossed in by hopeful wish-ers (which might come in handy if the economy gets any worse). The viewfrom this park is tremendous – you can see the tower of the UnitarianChurch on Orange Street as well as the brick façade of the PacificNational Bank.

To get to our next stop, head down Main Street – maybe pick up somerefreshments at Even Keel on your way – and take a right on WashingtonStreet. Keep walking down Washington Street to the open space next tothe Marine Department, across from the town parking lot that will be onyour left. This is, at least to my mind, what a Nantucket pocket parkshould be. It’s nothing fancy – you’ve got a couple of benches and somegrass — and that’s exactly how I think it should be. This entirelyunadorned space harkens back to a simpler time, when people wore cut-offs and drove CJ-5s around the island. And what’s more, it looks out onthe working part of Nantucket Harbor. On a nice day, you can see all theway up the harbor to Pocomo, with the Creeks off to your right and theTown Pier directly in front of you. It’s a great place to have lunch andwatch the boats come and go from the harbor, be they sail or motor. Itreally is amazing to look out at the expanse of waterfront and think aboutthe history that has sailed in and out of this harbor. Not to mention thefact that just the sounds of the sea — the waves, the gulls, the sails flap-ping in the breeze — have the most amazing restorative powers known toman. At least to this man.

Once you’ve soaked up enough of the harbor view, continue onWashington Street and turn right at the stop sign at Francis Street, thengo up to Union Street and turn left. Union will take you to Orange Street,which is where we’re going to end our tour, right at the intersection ofUnion and Orange Streets. Actually at the left of the intersection, if we’rebeing literal. Directly across the street from Cumberland Farms is anoth-er Land Bank pocket park, and this is, at least at this point, the mostunadorned of all the parks. Currently, the park is just an open plot of land,but the 1918 Chase Barn is currently being reconstructed on the proper-ty. My favorite thing about this particular pocket park is that it’s rightacross from both Cumberland Farms and Fast Forward, so you can getyourself a large coffee and a pastry or candy bar, then cross the street andindulge in a little caffeinated relaxation. Good times indeed.

I hope you’ve enjoyed our little jaunt through a few of Nantucket’spocket parks. There’s no doubt that Nantucket is a great place to plopdown in the sand and relax at the beach, but what about those times whenyou’re in town and nowhere near the beach? Good thing we’ve got somany pocket parks to choose from where you can get a quick recharge andbe good to go in no time flat. So get out there and start relaxing.

Andrew Spencer, a fifth-generation summer resident-turned-year-rounder,has been writing about Nantucket since moving to the island full-time in 2002.He is the author of, “Tower of Thieves: Inside AIG’s Corporate Culture ofGreed,” and also the co-author of “Bear Trap: The Fall of Bear Stearns and thePanic of 2008.”

Clockwise from top, left: A favorite spot to tie the knot is the space onupper Broad Street, across from the Jared Coffin House.You will find one ofthe island’s more inconspicuous pocket parks on Lower Main Street; Lushgreenery characterizes the space at the corner of Milk and Main streets.

A classic Sconset summer home that has been renovated to include today’s amenities while

preserving the historic character and charm of the property.

Located about half way between Sankaty Light and Sconset Village this home has five

bedrooms with five and a half baths, central AC plus many other fine features.

Rosemoor, Baxter Road

Listing Agent: Daryl Westbrook

Price: $4,200,000

5 Cathcart Road Monomoy and PrivacyGracious Mononoy home with new guest cottage.

Beautifully landscaped property with harbor views and privacy.

Main house has four bedrooms, 3.5 baths with large decks and central

AC. Very attractive and well appointed guest cottage with AC.


Price:$3,920,000

19 Union Street Unique PropertyA classic and unique Nantucket Townhouse; a designated Historic

structure with an indoor swimming pool and only steps from

Main St., a very rare and special Nantucket property. With three

main bedrooms and two third floor kid’s bedrooms this is an ideal

property for a large or extended family.


Price: $2,900,000

“Point of View”Dionis - Private Beachfront Home - Endless water and unbelievable sunset views of Madaket Harbor, NantucketSound and Tuckernuck Island. The decks and grounds ofthis five bedroom, three-plus bath home pay tribute to theunsurpassed beauty of Nantucket’s West End, with shallow-water mooring and a perfect site for kayak and windsurfing.$9,500,000 Exclusive

Sconset EstatePrivacy and water views! This custom-built home with pool, cottage and eight bedrooms awaits your finishing touches.

$5,995,000 Exclusive

Eight Federal Street • Nantucket, MA 02554 • 508.228.4449

w w w . j o r d a n r e . c o m

Listings of . . .

Beautiful Ocean ViewsCisco - Wonderful waterviews from this classic houselocated at Cisco Beach.Multiple first and secondfloor decks add to the out-door enjoyment of thisserene location.Minutes toone of the best South Shore beaches,and not far from Bartlett Farmand East Coast Seafood,this makes for an ideal seaside vacation.


BeautifulOceanfront HomeTom Nevers - A winding lane leads tothis lovely home situatedhigh on Tom Nevers Bluffwith panoramic views ofthe ocean and private beach. Every room offers breathtaking ocean views and feature a wrap-around porch.


Everything You’ll NeedMilestone - This 4 bedroomhome,on a charming cul-de-sac,has a great floor plan,finished basement,attachedand detached garage withstudio and approvals for apool! The living room hasbuilt-in bookcases and fireplace.Spacious kitchen and dining areahave a sitting area and woodstove.Library/office,owner's suitewith loft,walk-in closet,bath and laundry.Second floor features living room,second suite,2 bedrooms share a bath.Laundry room.2,395,000 Exclusive

Privacy on the PondSurfside - This gracious property, locatedon the Pond with spec-tacular ocean views,features a beautifullycrafted main house, anadorable guest cottageand a spacious studio. Extensive gardens complete this remarkably private estate.

$2,595,000 Exclusive, Broker/Owner




Exclusive listings of . . .

The Best ofNaushop

Naushop - Thissuperb locationon a cul-de-sacoffers a charming3 bedroom, 2 1/2bath home with aprivate patio andthe use of pooland tennis court.

$735,000 Exclusive

Naushop -Meticulouslymaintained threebedroom, threeand a half bathhome.The spa-cious finishedthird floor offerswonderful addi-tional livingspace. Privatebrick patio and back yard.Attractively detailed, this home is in move-in condition. Furnishings are negotiable.

$985,000 Exclusive

PrivateOasis

Surfside - A long,paved circulardriveway leads tothis pristineGambrel home.Private groundswith many flowerbeds. Expansionpotential on thistwo-acre lot.

$799,000 Exclusive

Cisco - Off theBeaten Path...6 OakHollow boasts privacy and conven-ience,just minutesfrom Town,CiscoBeach,Bartlett Farmand Cisco Brewers,with access to TownShuttle and soon-to-be-built Cisco BikePath.This 5 bedroom,3 1/2 bath home was recently renovatedand features Australian cypress and tile floors throughout.Mature oak,maple and blue spruce create privacy.$1,039,000 Exclusive

AMeticulousHome

Mid Island - Your coveredfront porch says “WelcomeHome” to thisexpansive, bright,three bedroomhouse in a wonderful neighborhood.A two-car garage, gourmet kitchen, and central AC add appeal to this meticulous home! $699,900 Exclusive

AConvenient Location

Mid Island - This Gambrel-stylehome is spaciousand is situated on a large lot in thePine Knolls neighborhood.

$695,000 Exclusive


“Summerwind”

Tucked-Away




Seal WatchMadaket - This isthe view fromthe deck, livingarea and mastersuite of thisrecently renovat-ed beach house.There is greatattention todetail in thisupscale house, from which you can enjoy swimming,surfing and fishing. Expansion potential as well.


SweetSunsetsMadaket -Wonderful 4 bedroom upside-down house withwaterviews.Enjoythe best sunsetsNantucket has tooffer from thislight and brighthome.Special features include spacious decks,patios,lovely landscaping,detached garage with studio space above.Close to spectacular Madaket Beach.Great rental property too!


OldMadaket’sBest

This one acreproperty features a charming housewith four bed-rooms and threebaths.The home ismeticulously main-tained, has views of Hither Creek, Madaket Harbor,and Nantucket Sound. Deeded access to Hither Creek for boating.$1,795,000 Exclusive

Peace andPlenty inBig SkyCountry

Dionis - Thishome at the topof Bishop's Risecaptures sunlightfrom every direc-tion. Outdoordecks and patios have round-the-clock views of the moors,Nantucket Sound and sunsets almost too beautiful to believe! $1,925,000 Exclusive

Privacy in Pocomo

Pocomo - Thisfour bedroom,three bath homenestled on a lovelylot, offers privacyand room forexpansion.Second floorviews of the har-bor and creeks. Enjoy the comfort and simplicity of this fun beach house or create your dream home!


QuietEnjoyment

Cisco - This spa-cious four bed-room, three and ahalf bath homeoffers a versatilefloor plan.Theattached two-cargarage providesample storage.Relax in the shade on your front porch. Conveniently located to Bartlett’s Farm, Cisco Beach and Town!



Main Street Captain’s HomeTown - This lovely Main Street home offers spacious and brightrooms with high ceilings and antique details.Three levels offinished space provide seven bedrooms, four and a half bathsand numerous living areas.The large covered porch offers adelightful outdoor area for dining,entertaining and relaxingwhile overlooking the gardens.The second floor deck providesa sunny area from which to enjoy a second floor view.$3,695,000 Exclusive

Woodbury LaneTown - A classic Federal-style, three-story house onWoodbury Lane, this gracious home has a garage, room fora pool and abuts in-town conservation land. It featuresformal rooms, as well as “family” living spaces … lots of win-dows and a lovely yard, garden and backyard patio.$3,199,000 Exclusive



Listings of . . .


A MeticulousRestorationTown - The meticulousrestoration of this original1796 home is artfullyblended with the newaddition.The four bed-room, four bath homeclose to the heart ofdowntown, has been completed with excellent attention todetail. Enjoy the preserved beauty of a restored antiquewith the benefits of state-of-the-art amenities and materials.$2,625,000 Exclusive

Classic In-TownLivingTown - Piece of History –A wonderful historicpresence at the top ofMain Street.This carefullymaintained home retainsall the charm and beautyof a house built in the early 1800s.In the heart of Nantucket Town with a garage.

$2,150,000

Captain McKayHouseCliff - This charming sec-ond floor condominiumin the historic CaptainMcKay house features alarge living/dining/ kitchenarea with many windowsand a door onto a small balcony. Located at the beginning of Cliff Road, it is convenient to Town and Jetties & Steps Beaches.$799,000

“Pheasant”Brant Point - Charmingtwo-story Brant PointCottage.This is an excep-tional renovation withharbor views from its sec-ond floor deck.The pro-fessionally landscapedpatio offers enjoyable andprivate outdoor space.






Exceptional Estate

Enjoy the elegance of summer living and comfort in this customdesigned compound.A long, winding shell driveway leads to thisstunning property high atop a hill, with panoramic views of townand harbor.The Main house has 3 levels of living with multiple areas for entertaining or relaxing. A gracious master suite,VIP suite,movie theatre, guest house, an infinity pool and pool house with studio/office and tennis court complete the package. In all a combined total of 6 bedrooms, 9 full baths & 3 powder rooms.See more photos at www.secondglancenantucket.com


www.windwalkerrealestate.com

12 O A K S T R E E T

N A N T U C K E T, M A S S A C H U S E T T S

508 228 9117

SALES • RENTALS • RESEARCH

Experience you can trust

IN TOWN

CLIFFROAD

CLIFFAREA

COMMERCIAL BUILDING& LOT

SURFSIDE VIEWS

NORTH LIBERTY

CLASSIC BRANT POINT

OFFICE BUILDING

MID-ISLAND COMMUNITY & CONVENIENCE

$2,900,0005 bedrooms, 5.5 baths






$1,550,0003 bedrooms, 2 baths


$1,065,0003 baths

$765,0003 bedrooms, 2 baths

$475,000.5 baths

$450,0003 bedrooms, 1.5 baths

ANN KILLEN • DEBORAH KILLEN • ROBERT YOUNG • BRUCE BENI • EUGINE VOORHEESMember of Nantucket Association of Real Estate Brokers. We can show you any property listed on Nantucket

10 Easy Street, Nantucket MA508-228-0976 • fax 508-228-5961Please check our website for more information

www.killenrealestate.com

L A N D

COMMERCIAL LAND

Newly created commerciallyzoned lot outside of theaquifer protection zone.

$1,599,000

AMELIACOMMERCIAL

MADAKET ROAD

NEARCLIFF


COMMERCIALBUILDING


MILKSTREET


10 Easy Street, Nantucket MA508-228-0976 • fax 508-228-5961Please check our website for more information

www.killenrealestate.comPOND FRONT & OCEAN VIEWS HOUSE & COTTAGE

$9,500,000 4 bedrooms, 5.5 baths

CLIFF ROAD


MONOMOY COMPOUND


POCOMO WATERFRONT


INDIA STREET

$3,895,000 5/6 bedrooms, 5 baths

HARBOR VIEWS - MONOMOY

$7,900,000 6 bedrooms, 7 baths

L A N DMID ISLAND LOTS

$265,000 $375,00 $500,000Call for details

MONOMOY.46 acres. Treed lot in Monomoy areaAccess off Chatham Road. $950,000

MONOMOY1.1 acres lot overlooking harbor & Town. Served by town

water & sewer. $4,900,000

ANN KILLEN • DEBORAH KILLEN • ROBERT YOUNG • BRUCE BENI • EUGINE VOORHEESMember of Nantucket Association of Real Estate Brokers. We can show you any property listed on Nantucket

ISLAND PROPERTIES508.228.6999 35A Old South Road, NantucketMichael O’Mara | Elizabeth Almodobar | Debbie Cleveland | Ed GillumHal Herrick | Michael Reilly | Robert Sarkisian | Portia Valero | Harry Fraker-Retired

Delightful 3 bedroom home with 1bedroom cottage located on beautiful-ly landscaped 2.78 acres of property onSesachacha Pond. The home overlooksSankaty Lighthouse with the ocean asbackground. Guest cottage hasattached garage.

Quidnet Pond $9,500,000

Remarkable! High-quality, custom-builthome in prestigious Cliff area. This prop-erty offers an outstanding location onthe North side of Cliff Road with easyaccess to town and nearby beaches.Just 1 mile outside of town, with magnif-icent views of Nantucket Sound.

Cliff Road $3,395,000

On almost 3 acres, the views out overConservation land are stunning! Themain house has 4 bedrooms all en suite,cherry wood floors, central a/c and theguest cottage has 2 bedrooms/2 bath-rooms plus a full kitchen; 2-car garage.Many decks. Guest cottage.

Polpis $3,900,000

Custom-designed House, Studio/garage,and a separate one-car garage perched ona high hill in Dionis. Multiple decks andporches, including one with outdoor fireplace ideal for entertaining. Abutsacres of Land Bank open land. A short dis-tance to a great Sound beach. Furnished.

Dionis $2,875,000

Lovely Pond front home in a verydesirable and “beachy” location.Great views from every room in thehouse. This 4 bedroom, 3.5 bathhome enjoys a large south facingdeck. There is plenty of room for aguest house or expansion.

Miacomet Pond $2,195,000

This waterfront property with exist-ing home is two separate lots withover 2.7 acres providing ampleopportunities. Great views of Harborand private beach stairs access thebeach below. Each lot could have itsown private staircase to the Harbor.

Pocomo $7,900,000

This cleverly-designed custom homeis set back from the road for maxi-mum privacy; a beautiful shell drive-way leads you to the attached 2-cargarage. Completely renovated in late-1999 by Buzz Cosgriff. Easy access toSurfside beach and Town

Surfside $1,495,000

Property is currently 2 oversized lots, oneof which has a home on it. Unarguablythe Island's finest neighborhood. Accessto Steps Beach is a couple of minutesaway by foot. Kimball Avenue is a deadend road which insures privacy. A 4 lotANR subdivision is possible.

Lincoln Circle Area $8,950,000

A wonderful renovated home in the Hillsof Monomoy on a very private acre.Custom-Built 4 bedroom 3.5 bathroomhome featuring a fireplace, a FarmersPorch and a screened-in porch. Abilityto build a second dwelling. Monomoy’sbest buy!

Monomoy $2,650,000

Upper Main Street antique home onoversized lot has ample room for expan-sion. Historic, lovingly-maintained homeis filled with details of ages Past. Deep,brick driveway, large side and rear yard,detached garage and separate ShedEquipped with Generator.

Town $2,150,000

This property has a reduced price of$998,000. Also, if we could change thelast two sentences of the write-up to readas follows: Currently, property functionsas two, 2 bedroom units which could alsobe purchased separately as follows: UnitA $475,000; Unit B $525,000.

Town $998,000

SALES & RENTALS | www.islandpropertiesre.com | WE CAN SHOW YOU ANY PROPERTY LISTED ON NANTUCKET

A Charming In-Town Home offeringseveral living areas & a lovely privateyard. This property is situated on anover sized lot with plenty of room forexpansion. Located a short distanceto the Lily Pond & Down Town. Strongestablished rental history.

Town $1,150,000

Tucked away on a white-shell drive, thiswell-maintained 3/3 home is convenientlylocated near the Community Pool andTennis Courts. Featuring a wonderfulSouth-facing back patio, this home isbeing offered mostly furnished and isturn-key for easy living.

Nashaquisset $875,000

Charming, single family home on over-sized lot with plenty of room for expan-sion or second dwelling. Lovely, brickpatio.. Mature landscaping, beautifulperennials and garden. Convenient to bikepaths, public transportation and nearbyLand Bank property.

Mid-Island $745,000

This well built Custom Beach Home has itall, a great construction technique, layout,super views of Wauwinet Harbor anddeeded beach access which is 150' away.Wauwinet Harbor is perfect for swim-ming, boating, kayaking, windsurfing, aswell as fishing and clamming.

Pocomo $3,745,000

Extremely desirable lot within the limits of Lincoln Circle. Easy walking access to Steps Beach, Jetties Beach, Town and the Clubs. Located on a quiet street in the desirable Cliff Area. Great opportunity to own a “family legacy” property.

Lincoln Circle Land $1,399,000

This adorable 2-bedroom/2-bath cottagewas built in 1989 and there is plenty ofground cover available for future expan-sion. Town sewer available and conve-niently located on Appleton Road. Yardhas been professionally landscaped andhas nice SW exposure.

Mid-Island $675,000

ISLAND PROPERTIES508.228.6999 35A Old South Road, NantucketMichael O’Mara | Elizabeth Almodobar | Debbie Cleveland | Ed GillumHal Herrick | Michael Reilly | Robert Sarkisian | Portia Valero | Harry Fraker-Retired

“En Fin”, the grand Nantucket Waterfront Estate,is one of the islands architectural marvels! No details were spared

in the creation of this exquisitely designed gem.Property offers breathtaking views over Nantucket Harbor to town

Harborfront EstateHarborfront Estate

SALES & RENTALS | www.islandpropertiesre.com | WE CAN SHOW YOU ANY PROPERTY LISTED ON NANTUCKET

3 BEACON LANE

This property features stunning views ofSesachacha Pond and Sankaty Light withthe ocean on the horizon. Sited on 2.78acres, this estate has a rose covered, lightfilled three bedroom main house and acharming one bedroom guest cottage withattached garage.

Tri-Exclusive, Jeff Lee $9.500,000

78 POLPIS ROAD

This retreat features first floor panoramic waterviews and open living spaces. A comfortablehome with a studio and garage are on a oneacre parcel,surrounded by over 60 acres of con-servation land. This property has approvedplans for a new four bedroom main house,twobedroom guest cottage, garage,and possibilityof a swimming pool and/or a tennis court.

Exclusive, Jeff Lee$3,495,000

14 AHAB DRIVE

Open, airy home in desirable HummockPond Estates, on large, private, beautifullylandscaped lot, backing up to NantucketLand Council owned land. This propertyhas been well maintained and renovated toperfection. Close to town, beach and allthe Cisco extras.

Exclusive, Jane Miller$2,200,000

21 SANKATY HEADROAD

Sconset Living! This rose cov-ered, oceanfront three bed-room, three and half bathroomhome overlooks SankatyLighthouse and abuts SconsetLand Trust property. In addition,there is a one car garage andcharming studio space with afull bathroom and wet bar!

Exclusive, Jeff Lee $3.750,000

35 LOW BEACH ROAD

Contemporary shingle stylenew construction main houseand renovated antique cot-tage. Half acre lot with 2ndfloor ocean views. 4 bed-rooms in main house and 4bedrooms in cottage + HDCapproval for pool and patio.Walk to village and enjoy beau-tiful vista over Low Beach.

Exclusive, Carolyn Durand & Jeff Lee$3,850,000

127 MAIN STREETThe William Folger Homestead,circa 1795, is a classic antique located on upper Main Street. Theproperty comprises a main house, guest house and "Starfish" with 9 bedrooms in total. The lotis beautifully landscaped and manicured with mature plantings, perennial gardens andstonework. Brick walkway and driveway with room for 3 cars. A wonderful home for all sea-sons with rich history and period architectural details.

Exclusive, Jane King & Carolyn Durand$4,395,000

7 HUCKELBERRY LANE, DIONIS

A rare remaining sand-in-your-shoes beach cottage with a great front deck to take in theviews and watch the ferry pass. This last vestige of the old “Port of Dionis”sits atop a knolloverlooking the rolling dunes that lead to the beach and Nantucket Sound. Fabulousexisting 1st floor views. A genuine beach cottage with excellent rental history. 2 acre lotwith an 8 bedroom septic. Room for expansion and new construction.

Exclusive, Carolyn Durand$5,975,000

112 WAUWINET ROAD

It’s the Wauwinet Way!.....Boat, beach andrelax all day, right in front of your ownsandy shore and your very private hide-away.

Exclusive, Jane Miller & Meg Ruley$3,249,000

199 EEL POINT ROAD,WATERFRONT

This thoughtfully designed and beautifully crafted home blends contemporary lines with atraditional Nantucket aesthetic. Details like recycled volcanic stone flooring, 150 year oldreclaimed barn beams,mushroom wood,and custom stone masonry contribute to the char-acter of this unique property. Located on Eel Point with 200' of private beachfront onMadaket Harbor with 2 boat moorings. A front row seat for the island's best sunsets andaccess to your boat.Four bedroom main house and two bedroom guest house will comfort-ably accommodate all of your summer guests.

Exclusive, Jane King & Carolyn Durand $14,900,000

58 Main Street Nantucket

508.325-5800www.leerealestate.com

Jeff Lee, Carolyn Durand, Jane King, Dee Healy, Bob Lang,Jane Miller, Kelly Knight, Meg Ruley, Jenny Goldberg,Lindsley Matthews Royster, Chris Donelan

Gary Winn

POLPIS SQUAM

SQUAM CLIFF

CISCO TOM NEVERS

CISCO

CLIFF

POCOMO

QUIDNET SHIMMO TOWN

Exclusive Listings ~ Great BuysExclusive Listings ~ Great Buys

Chandra Miller, [email protected] 508.360.7777www.coffinrealestate.com

A estate setting with an option to build a pool. This beautiful one acreplus lot is moments to Nantucket town. Replete with seven bedrooms,five baths, private decks, roof-walk, finished basement, top of the linekitchen appliances. This property has an outstanding rental history.

$3,150,000

Do not miss the opportunity to own on Nantucket. This two bedroom two bath condominium is the least expensive

unit in this newly developed mid-island location.

$365,000

Rare opportunity in Sconset! Potential second floor water viewsfrom one of Codfish Park's largest land parcels.

Pending HDC approved plans.

Call for details.

Little Starbuck is the epitome of charm in ’Sconset village. Enjoy this immaculately maintained home with all it has to offer.

Three bedrooms and two and a half baths.

$1,895,000


Kara GibsonBaywest Appraisal Group

the current

STATE of t

hemarketAnalysis, observation and interpretation of the Nantucket Real Estate Market

Where is the market right now?As you know, this market is seasonal,

with a majority of sales and listing activityoccurring before, during and after the sum-mer season. Marketing time varies seasonally,with less activity in the winter months.Necessary marketing time averaged 11months for 2008 and remained consistentduring 2009. To date, in 2010, there has beena total of 75 transfers (including all proper-ties) with an average marketing time of 305days. There is an oversupply of inventory in

Photos by Jordi Cabre

The views and opinions expressed in “State of the Market” interviews arenot necessarily those of the Nantucket Association of Real Estate Brokers.

See Gibson, page 51


Bill LiddleGreat Point Properties

Where is the market right now? The market has been showing healthy

signs of volume recovery. Property valuesretreated upwards of 25 percent of their highs,and when combined with a large inventory andlow interests, it suggests that volume will con-tinue to be healthy. But, with inventory of 578properties available and likely growing to a levelsimilar to 2009, it is reasonable to conclude thatvalues will remain discounted compared to thepeaks. My prediction is that 2011 will be theyear that inventories become notably tighter.

See Liddle, page 55

Carolyn Durand Lee Real Estate

Where is the market right now?I like statistics and academics when it comes

to market analysis, but generally speaking, Ithink we've had a lot of healthy correction onNantucket. The first quarter sales stats showmomentum. The April sales kept pace, andthere are some good properties under contractnow. Sales volume in the first quarter of 2010was literally 100 percent better than Q1 of2009. All things being relative that may notspeak volumes since 2009 was a rough year,but among the 70 closings were some high

See Durand page 53

ANALYSIS

PR0P

ERTIE

S

Located on the edge of ’‘Sconset Village, thisChristopher L. Maurydesigned and constructedhome features superb craftsmanship and state of the art amenities.

A single story in town home several blocks to UpperMain Street.This four bedroom home is tucked in on

a quiet side street and features a wonderful courtyardgarden and a private terrace that is well suited for

outdoor dining.The house was updated in 1999 and hasbright and open living spaces and a recently renovatedkitchen with granite counters and stainless appliances.

This cleverly-designed custom home is set back from the road for maximumprivacy; a beautiful shell driveway leads you to the attached 2-car garage. Thehouse was completely renovated in late-1999.With easy access to Surfsidebeach (6/10 mile) and 2.5 miles to town, this property's location is just one ofits many wonderful attributes. It has a splendid lawn with mature landscaping;three custom decks provide excellent room for outdoor entertaining.

This custom designed home features four bedrooms, and four full bath-rooms.The large kitchen also has a butlers pantry with a second microwaveconvection oven.There are two wood burning fireplaces and a full base-ment with high ceilings, framed and ready to be finished by the buyer.

SINGLE FAMILYTown14 New LaneList price: $1,895,000

Bedrooms: 4Bathrooms: 3Lot Size: 0.12 acresListing Office: Maury People/Sotheby’s

SINGLE FAMILYMadaket

6 “C” StreetList price: $1,195,000

Bedrooms: 2Bathrooms: 1

Lot Size: 0.18 acresListing Office:

Nantucket Real Estate

Delightful two bedroom cottage with loft overlooking Hither Creek.There is a one car garage with a wine cellar. Perfect for your summer

retreat and enjoying the wonderful Madaket sunsets.

SINGLE FAMILYSurfside21 BoulevardeList price: $1,495,000

Bedrooms: 4Bathrooms: 4.5Lot Size: 0.94 acresListing Office: Island Properties

SINGLE FAMILY’Sconset30B Sankaty Road List price: $2,695,000Bedrooms: 4Bathrooms: 5Lot Size: 0.12 acresListing Office:Atlantic East Real Estate

SINGLE FAMILYTown

36 Vestal StreetList price: $1,495,000

Bedrooms: 4Bathrooms: 2.5

Lot Size: 0.15 acresListing Office:

Great Point Properties

5 Great ValuesTODAY!


ANALYSIS THE CURRENT STATE OF THE MARKET

the overall market at this time, which givesqualified buyers more options than they havehad during the recent past. The beginning of2009 was the slowest in decades, with onlyroughly 65 market value transfers throughAugust. The fall season, however, brought asurge of activity, with 133 transfers (includingall properties) during September, October,November and December. At this point, themarket is believed to have stabilized after aperiod of decline that began in 2005/2006.The regional and national economic picturestill remains uncertain, and the market isunlikely to rebound until consumer confi-dence and job losses stabilize along withdecreased inventory levels. Once the summersales season begins, there should be clearerindicators of where the market is headed. Yet,2010 is off to a much better start than 2009.Construction activity has also had a steepdecline. On an annual basis, 2008 saw the

fewest single family building permits issuedfor any year since building permits were firstrequired in 1972, at 64. This was a dramaticdecline from the 127 issued in 2007. During2009 there were a total of 42 single familypermits issued, with 27 of those issuedbetween September and December.

There has been talk recently of signspointing to a national recovery.What'syour take on when we will feel the fulland lasting effects of any recovery onNantucket?

As noted above, recovery will likely beslow. Many of the brokers I speak to are cau-tiously optimistic for the summer sales sea-son.

Tell me about some of the challengesinvolved with appraising propertiestoday as opposed to, say, three or four

years ago? Is it easier, more difficult?The biggest challenge I face is lack of truly

comparable sales. Lenders rules and criteriahave become much more strict and specific.These guidelines have become much moredifficult to adhere to with the decline in thevolume of sales. Along with this challenge,comes being the bearer of bad news withdeclining property values. I was much morepopular when values were increasing.

What kind of properties are selling now?

The upper segment of the market seems tobe the most active — over $2 million. Theseare the buyers who are less impacted by theeconomic challenges so many are facing. Thebottom of the market — below $700,000 —has also been active, but unfortunately, this isoften due to a struggling homeowner.

GIBSON, from page 49


COFFIN REAL ESTATE40 Centre Street, P. O. Box 1881Nantucket, MA 02554 • (508) 228-1138www.coffinrealestate.com

’SCONSET REAL ESTATEPost Office Square, P. O. Box 122

Siasconset, MA 02564 • (508) 257-6335www.sconsetrealestate.com

OUR DEDICATED BROKERS & AGENTSBernie & Carol Coffin: Owners/Brokers, Beth Brooks, Jack Bulger, Barbara Keane Clarke, Michele Cranston,

Rob Egan, Ellen Glowacki, Betsy Holden, Erin Lemberg, Paula McAuley, John Merson, Chandra Miller,Nonie Slavitz, Paul Surprenant, Sue Walton, Debbie Willett, Christina Boling

RELAX AND ENJOYTake advantage of the large back yardwith your private pool. This house issituated in a quiet neighborhood notfar from beaches or downtown. Lotsof large living and relaxing spaces,inside and outside.

EXCLUSIVE $1,575,000

CHARMING ANTIQUE HOMEThis lovely 3 bedroom, 2 bathhome is situated on a quiet sidestreet in Town.Wide pine floors.Enclosed back yard and outsideshower. Off-street parking.


BRIGADUNE IN SCONSET

Oversized lot allows for major expan-sion of existing three bedroom, onebath, year round home and garage orbuild a substantial new home.Additionalground cover is available. Enjoy thepeace and tranquility of this location.


LOVELY LOCATIONELEGANT HOMENew 4 bedroom, 3.5 bath home inPocomo featuring fine building craftsman-ship and style. Porch, heated customGunite swimming pool and pool house.Stunning water views. Set for Septembercompletion.Agent has financial interest.EXCLUSIVE $3,195,000

SPEC-tacular!!!New spacious home in Naushopeatures 3 master suites,2 additional bed-rooms,and 5 1/2 baths.Beautiful customdetails throughout and lush landscaping.Three+ floors of living. Plan enablesexpansion for guests.Listing Agent is MAReal Estate Broker and part-owner.EXCLUSIVE $1,475,000

COTTAGE LIVINGFree standing Oak post and beam condolocated a short distance to Main Street.This adorable two bedroom,one and onehalf bath cottage has upscale amenities,including central air, granite countertops,tiled bathrooms.Nice covered porch andfenced in yard.Owner is MA Real Estate Agent.


GIBSON, continued on page 56

[email protected]: 508.228.7777 x7

Facsimile: 508.228.7787

Location, Location, Location. . .This beautiful home in the award-winningcommunity of Nashaquisset has a bright, openfloor plan. Inside, there are 3 bedrooms, 3baths, a sunroom and balustrade-enclosedloft and of course, kitchen, living and diningrooms. The master bedroom suite is located onthe first floor. Recently re-finished floors,exterior paint and a new roof make this aninvestment with little to be concerned about inthe years ahead. The home is privately located,just off a shell pathway, past beach grass and apicket gate. There is a relatively large, privaterear yard with professionally designed, installedand maintained landscape including brick patioand three-tier Koi pond. Nashaquisset clay tenniscourts and pool included! This wonderful homeis offered at $874,500.00. Comprehensiveproperty management services (incl.professional grounds maintenance, propertyinsurance, weekly winter inspections, etc.)included in quarterly fee.

This beautiful home, designed by Lyman Perry and built by Ron Winters, has recentlybeen completely refurbished and decorated by an interior designer. On almost

3 acres high in Polpis, the views out over Conservation land are stunning! The mainhouse has 4 bedrooms all en suite, cherry wood floors, central a/c and the guest

cottage has 2 bedrooms/2 bathrooms, a full kitchen and there is a 2-car garage aswell. Many decks, a wonderful pergola on the back porch and a terraced pathway

leads to the guest cottage. Turnkey, furnished and ready for summer living.

Debbie Chatham ClevelandOffice: 508.228.6999 x13 • Cell: 508.277.7522

[email protected]

ISLAND PROPERTIES35A Old South Road, Nantucket

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Brands carried: Britax, Phil & Teds, Bumbo,McClaren, Combi, Chicco and much more...

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profile properties. By high profile I meanprime locations, water view or waterfront list-ings that had been visibly on the market for awhile. When these transfer prices are pub-lished in the paper a lot of people recognize theproperty and see the sale as evidence thatthings are moving again. Moreover, the bro-kers and the active buyers see the trade price,track back to the asking price(s) — original,reduced and for some reduced again — and a“Eureka” moment occurs. They recognize thata particular sale was a good deal. After a cou-ple of these, the buyer psyche starts to shiftfrom the protracted 'waiting for the bottom' toopportunity shopping. While this is a concep-tual answer vs. rote market stats, I think theperception of the market is particularly impor-tant right now. Unquestionably, the islandvalues have reset and most of us feel there is alot of value in Nantucket real estate right now.Prices are down a fair 25 percent. In some

locations it is more, while some properties haveelements of enduring value that have support-ed the prices. There are micro-markets onNantucket, so it does depend on what locationor what type of property you are looking at.Overall, the market is moving again, and thenew comps lend confidence and pragmatism toboth buyers and sellers.

There has been talk of signs pointing tonational recovery. What's your take onwhen we will feel the full and lastingeffects of any recovery on Nantucket?

A full and lasting recovery — that is a lot tohope for. The Dow recently closed over 11,000,but the macro-economics and monitory poli-cies are going to be hard to navigate for a while.Keeping it local and island-focused, I think ourresidential market has stabilized, but we stillhave a lot of inventory to absorb. There is a lotof vacancy in the commercial sector, but howgreat is it to see island businesses, like

Nantucket Looms, back on Main Street andThe Lion's Paw opening in the old SportsLocker space? There are some new businessesopening, and ReMain Nantucket buying acommercial building on Centre Street pre-serves another prime commercial buildingdowntown. In 2004, we sold 776 properties andthe average home was $1.672 million. Last yearthere were only 300 sales but the average homewas still $2.236 million. Year-to-date 2010,the data compiled shows the average home at$1.628 million. Of course, I want to see proper-ties hold value, but I genuinely think a sustainableand lasting recovery for the island comes whenthere is room in the market for more buyers toafford homes and more vacationers to affordrenting. More people on island means morecommerce. More home sales leads to morework in the trades, and the wider value spec-trum for properties opens the door of possibil-ity to the next generation of Nantucketers.

DURAND, from page 49

Jack Bulger, Broker508-221-0829 Mobile

[email protected]

MAIN STREETNantucket

EXCLUSIVE$2,195,000

WONDERFULANTIQUEIn-TownLocation

EXCLUSIVE$875,000

DURAND, continued on page 56

Dalton T. Frazier,Principal Broker

19 Centre Street, Nantucket, MA 02554508-228-3202 ext. 11 • 508-360-6517 cell508-228-8756 fax • [email protected]

J Pepper Frazier II,Principal Broker

19 Centre Street, Nantucket, MA 02554508-228-3202 • 508-680-6676 cell

508-228-8756 fax • [email protected]


BUSINESS DIRECTORY

Susan ChambersBroker, Sales and Rentals

[email protected] | maurypeople.com508.228.1881 ext. 100 office | 508.560.0671 cell

Maury People Sotheby’s International Realty37 Main Street, Nantucket, MA 02554

Debbie Chatham ClevelandOffice: 508.228.6999 x13 • Cell: 508.277.7522

[email protected]

ISLAND PROPERTIESReal Estate Investments35A Old South Road • Nantucket, MA 02554

Suzi Spring

19 Centre Street, Nantucket, MA 02554

cell: 508-228-8217 • office: 508-228-3202 ext. 22fax: 508-228-8756 • email: [email protected]

[email protected]

40 Centre Street, Nantucket, MA 02554Sales • Rentals

Jack Bulger,Broker508-221-0829 Mobile

[email protected]

Vol. 1 No. 23 � A publication of the Nantucket Association of Real Estate Brokers � March 25, 2010

Carl and Alicia Keller moved into their custom-built, Craftsman Era Bungalow-style home on Creek Lane in Madaket nine years ago.“What few things we wanted, we got,” says Carl of the upside down house with big porchesand an open area plan.“Even though it was just a dream, it worked out perfectly.” The Kellers moved to Nantucket

in 1989 when their older son, Carl, was just a one-year-old.A year later, Noah James was born.These days, the elder Carl works for Cheney Brothers Builders.Alicia is a teacher at the Nantucket Lighthouse School.And as theyhave in the past, the couple will live on a sailboat in the harbor while they rent out their land-locked home.

L I N KNantucket

New Listings March 9 ~ 22

$14,900,000DionisEel Point Road6/6+Lee Real Estate

New Listings continued on page 12

$2,950,000’SconsetCannonbury Lane5/4.5Boyce Realty

$2,895,000TownCopper Lane5/5.5Atlantic East Real Estate

$2,795,000CiscoWesterwyck Way5/3Jordan Real Estate

$2,295,000TownCentre StreetCommercialJ Pepper Frazier Co.

$2,295,000CliffCrooked Lane5/3.5Great PointProperties

$2,195,000TownMain Street8/4.5Coffin Real Estate

OurProperty

JORDI CABRE PHOTO

LINK NANTUCKETA list of all properties

for sale by area and pricePage 2

FIVE THAT SHINETake at look at our

5 Great Values of the week Page 10IN

SID

E

5 MINUTES WITH...Judy Waters discusses her ideal day, and then some

Page 15

PROPERTY NEWSNANTUCKET

www.nareb-online.comNantucket Property JournalNantucket Property News

Online. Anywhere. Anytime.

ANALYSISLIDDLE, from page 49

There has been talk recently of signs pointing to anational recovery. What's your take on when wewill feel the full and lasting effects of any recoveryon Nantucket?

I’ve heard the same talk, and I’m cautiously optimistic.As an islander, my main concern is ensuring that the islandremains the kind of special community that makes peoplewant to come back for more. For sure, we are on track onthis front, and when the economy recovers we will see thekind of spending that our local businesses require to survive.The winter of 2009 was tough for a lot of small local busi-ness owners, and the worst is behind us. We may not seethe kind of broad based spending anytime soon. But, I thinkthat trades businesses will continue to recuperate, and therestaurants and shops will benefit from growing confidence.

What is the state of the rental market? For the most part the rental market is in pretty good

shape. For sure, there is a lot more inventory than everbefore but rental rates seem to be stable. Prices are not goingup or down. I expect a lot of last minute travelers negotiat-ing, but bargaining is not nearly as prevalent as it was a yearago.

What neighborhood(s) do you think is/are undervalued now? What neighborhood(s) do youthink best retain its/their value over time?

Tom Nevers always strikes me as the best value becausethe lot sizes tend to be large and offer privacy, and a num-ber of the properties offer enough of a view to remind onethey are on an island. I’m not sure if any one area retainsvalue more than another area. This latest recession blanket-ed the entire island, but Brant Point, Town and Cliff havedemonstrated a liquidity that some other parts of the islandhave not benefited from.

What kind of properties are selling now? Properties that are unique and/or well-priced. There are

so many homes for sale, and the properties that have thebest chance of selling are priced competitively relative tocomparable homes. Also, if the property is unique (in agood way), it will stand out of the crowd.

Are you seeing any movement in the sale of land,either up or down from previous years?

Land sales continue to be slow, probably because the bestvalues continue to be existing home purchases. As the num-ber of homes available for sale diminishes, we will then seemore land sales.


Easy access to South Beach, the Creeks, Consue Spring, NantucketHarbor, and Downtown Nantucket. Restaurants, shopping, galleries, newspapers, festivities – all without a car. Oversized lotallows for significant expansion. RC zoning allows for wide flexi-bility of use. Off-street parking for 2 cars.

Handsome Greek Revival with 4Bedrooms, 2 1/2 baths. Extensiverehabilitation in 1999 preserved andupdated the original main house, andadded new kitchen and master bed-room wing. All new heating, plumbingand electrical systems wereinstalled. Original house retainsmuch original architectural detail, aformal entry hall, fireplaces andfloor plan. New compatible wing con-tains the kitchen and master bed-room suite, each with fireplaces, andback stair. Outdoor shower.

Cottage ~ Recently com-pleted 2 Bedroom , I bath cottage.Open two story floor plan. Allappliances. Generous porchopens into a large private yard.Outdoor shower. Approved HDCplans for cottage expansion to 3bedrooms, 2 baths. Private yardarea and outdoor shower.

4 Bedroom, 2 1/2 bath home on Pine Street. Much original historic detailstill exists, along with original floor plan and back stairs. Large openkitchen opening onto sunny deck. Private fenced yard, off-street parking for two cars. Broker owned.

$1,795,000

House and Cottage located in OldHistoric District of Nantucket Town

$1,395,000

Greek Revival Main House

Just Reduced!

Chatfield-Taylor Real Estate

91 Washington Street Ext.

Nantucket, MA 02554

Tel: (508) 228-5828 Fax: (508) 825-7520


What is the state of the rental market?Getting better. The horizon for vacation plan-ning is a lot shorter than it used to be. Iremember when I first started with Jeff (Lee)in 1996, and it seemed the majority of peoplewere securing their re-rental in August orSeptember, and we were busy through the fallbooking for the next summer. Over time therental rates elevated with the market, but inthe last few years there was more vacancy giventhe economic climate. Last summer, theagents worked really hard to negotiate ratesand actively booked leases into August. I thinkthere was a lot of good dialog with owners andrenters, and rates going into 2010 were wellvetted. It is nearly impossible to find some-thing for the first 2 weeks of August, but thereare still good properties available throughoutthe summer.

What kind of properties are selling right now?

The range of what has sold this year is asvaried as the different locations on the island.The Polpis Harbor waterfront property on TopGale Lane sold for $19.2 million. A fantasticin-Town property on Academy Lane sold for$5.1 million. A house by architect Hugh

Newell Jacobson sold on Morey Lane for $3.2million. A house on Cliff Road across fromTupancy sold for $2.450 million. A Surfsidehouse on Pequot just closed for $1.9 million. Acottage in Madaket with great views of theharbor sold for $1.2 million. The NLS datacites 84 sales so far this year with an averageprice of $1.628 million. There have been anumber of foreclosures, and again these pricesrange from $5.9 million in Shawkemo to the$400,000s Mid-Island. There is a good list ofproperties under-contract, and some good newlistings recently on market.

What neighborhood(s) do you think is/are undervalued now?

Value is quantitative, but it is also subjec-tive. One of the enigmas of the Nantucketmarket is why this location has a $/sqft somuch higher or lower than another. Zoningand groundcover allowances make that a bit ofa Rubik’s cube, but the other dimension isexperiential. Nantucket is a 2nd or 3rd homefor most buyers, so there is a premium value onthe newer builds and turn-key homes. But, Ithink nostalgia can be a powerful emotion inreal estate. For that I think the timeless ele-ments and bucolic charm of ’Sconset areexceptional and undervalued. Likewise, the

old cottages in Madaket are vestiges of anoth-er time that was, and is, authentic Nantucketsummer living.

What neighborhod(s) do you think best retain its/their value over time?

I can keep this one short — Brant Point,Cliff/Lincoln Circle, ’Sconset and Town.Waterfront, water views and walk to water,walk to Town, walk to village.

Are you seeing any movement in the saleof land, up or down, from previous years?

Still just a few land sales on record, but theones that traded were good properties, and theconfidence index is rising on land. The slow-down in construction has made this a compet-itive time for builders, and that translates intobetter economy for new construction costs. Afew good lots made very recent price adjust-ments and deals came together quickly there-after. The surplus of inventory in housingstock challenges buyers to find the best value.Where there are some great pieces of land fora fair price, there is room to create new value.It will be interesting to see what buyers choosein the months ahead.


What neighborhood(s) do you think is/are undervalued now?What neighborhod(s) do you think best retain its/their valueover time?

There is not one particular neighborhood that I feel is undervalued.Nantucket’s housing stock is not uniform and values can vary widely inone particular neighborhood. In my opinion, the properties that holdtheir value best are waterfront properties, due to their scarcity in themarket and lack of turnover.

Are you seeing any movement in the sale of land, either up ordown from previous years?

In 2009, there were 30 total land sales. To date in 2010, there havebeen six. Volume of land sales is stable, but prices of land have declinedduring recent years along with the sales of improved sites.

DURAND, from page 53

GIBSON, from page 51

In Nantucket, it often seems like you can’t go two steps without running into a friendly and familiar face. Nantucket has more than beautiful beaches, perfect sunsets and maybe the best fishing on the east coast- we have some of the best people around.

Cam Gammill is one of those people and he understands the Nantucket lifestyle as well as anyone else. He has been a fishing guide for more than 10 years, owns Bill Fisher Tackle, takes his dog Bass on a different walk everyday, coaches hockey, is on the board of the Conservation Foundation, a sailor, a gardener, a proud member of the Angler’s Club (despite what many think, it is in fact the most prestigious club on Island), a veteran of the Vineyard Vines community and most importantly to him, a family man.

Cam is also a Real Estate Agent. He feels it is very important match your home with your lifestyle and he would be more than happy to help you. Feel free to be in touch with any questions at all...

Cam Gammil lS a l e s a n d R e n t a l A g e n tG r e a t P o i n t P r o p e r t i e s

www.greatpointproperties.com

508-228-2266 o f f i c e e x t . 1 1508-332-9149 c e l lc a m@ g r e a t p o i n t p r o p e r t i e s . c o m

GREAT POINT P R O P E R T I E S

Annie’s SongExclusive Listing in ’Sconset

Charming Annie’s Song has been lovingly maintained throughout the years.Annie’s Song is a cheerful sunny yellow three bedroom property with a private backyard, fireplace, wide pine plank floors, and a solid rental record.This sweet little lady on 'Sconset Avenue is being sold completely furnishedand is definitely worth a second glance by anyone interested in purchasing a“turn key” property in ’Sconset. $1,150,000

SERVING NANTUCKET ISLANDOFFICE: 508-257-9698 • FAX: 508-257-9794

EMAIL: [email protected] • WEBSITE: www.edithdelkerrealestate.com27 STONE POST WAY, Box 790 • Siasconset, MA 02564

Edith Delker, Realtor

Jack Bulger, Broker508-221-0829 Mobile

[email protected]

A PIECE OFHISTORY ONMAIN STREET

EXCLUSIVE$1,250,000

CHARMINGON THE

CORNER OFPINE STREET

$1,995,000

Beautifully designed, spacioushome with views of HummockPond, Sanford Farm/Ram'sPasture and the Ocean.Excellent, open floor plan, goodseparation between bedrooms,two covered porches, secondfloor deck and large yard.Deeded access to the pond acrossthe way from the property and aquick walk down to Cisco beach.

$3,475,000

Incredibly well executed restoration of a classic, bungalow style beach house with open, full length, coveredporch. New guest cottage juststeps away. All materials of thevery highest quality both insideand out. Walk to Children'sBeach, Town, The WhiteElephant, Brant Point and Jetties Beach.$4,100,000

Nicely renovated antique withexceptionally large back yardand beautiful landscaping. Three finished floors plus basement and a wonderful floor plan for families and largegroups. Fantastic, bright kitchenwith French doors leading topatio and yard. Two off-street parking spaces.

$4,465,000

Craig HawkinsBroker

37 Main Street, Nantucket Island, MA 02554 Phone: 508-228-1881 ext. 119 [email protected]

This new home in Polpis features afantastic floor plan and finishes ofthe highest quality in one ofNantucket’s most private and serenelocations. A must see for the discrim-inating buyer with appreciation fordetail and quality. There is 8,650 sqft of living space and more than 150adjacent acres of conservation landwith flooded cranberry bogs andmiles of walking trails. Two car

garage, pool, Russound stereo system with in wall touch-pads throughout; 2central vacuum systems and much more. $4,989,000

A wonderfully private, secludedproperty in Polpis overlooking ahundred acres of conservationland to Nantucket Harbor,Coatue and beyond. New, beau-tifully designed five bed-room/6.5 bath home of thefinest quality construction,hardware, finishes and appli-ances. Only an eight minutedrive to town, this unique prop-

erty comes with two boat moorings and is close to harbor beaches.Room for expansion, garage and pool. $6,950,000

Beautifully restored in-townantique on an oversized, corner lot. Everything has been replaced; foundation,plumbing, electrical, roof, shingles, fireplaces, etc. All original moldings, flooring,mantels saved, stripped andrefinished. Large yard, garagewith storage/work area, off street parking. A beautifully

restored home with all of the amenities in a most convenient location.$3,875,000

Four bedroom/two bath homein the historic district on desir-able Lily Street, with access tothe Lily Pond ConservationLand directly across the street.Separate one bedroom cottageand detached two car garage.Large patio and privateyard/garden.

$2,195,000

Completely restored in 2007this historic, in-town home wasoriginally built in the late 1700s.The restoration was masterfullydone incorporating the originalexterior architectural integritywith every possible convenienceon the interior. The lot is over-sized affording a patio and yardof generous proportion andthere are 4,250 square feet ofliving space in the house.$2,975,000

®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. Information contained herein is believed to be reliable but is not guaranteed.

Craig HawkinsBroker

37 Main Street, Nantucket Island, MA 02554 Phone: 508-228-1881 ext. 119 [email protected]

Fabulous compound inPocomo on three acres withfour bedroom main house,large two bedroom guest house,separate two car garage withstudio apartment above, pooland beautiful gardens. Allthree buildings are perfectlysited on the property affordingtotal privacy. Absolutely noexpense spared on the

materials and quality of this wonderful estate property.$4,750,000

Beautifully restored 1747 antiquehome on desirable Cliff Road, just a five minute walk into town.Many original features intactincluding four fireplaces, wide pineflooring, moldings and raised pan-eling. Spacious common areas andliving spaces. Kitchen and bathstotally remodeled. Magnificent,private yard and gardens, and covered dining patio. Wonderful

views of Nantucket Sound, Brant Point Lighthouse and Town from roofwalk. Two off-street parking places. $5,275,000

Unbelievable in-town restora-tion on a very quiet street, oneblock from Main. Absolutelyno expense spared; new foun-dations, electrical, plumbing,state of the art heating and airconditioning system, appli-ances, fixtures, etc, etc… Large,wonderfully landscaped yard.

$4,550,000

One of the most spectacularlocations on Nantucket, nestledin the dunes on the hauloverwith incredible views in bothdirections. Walk out the frontdoor to the beach or down the driveway to the harbor and boat moorings. Enjoy beautifulsunrises and sunsets.

$12,900,000

Authentic, tastefully restored and decorated Main Street home,located at the corner of Main andBloom Streets. This historic prop-erty features most of the originaland wonderful details and materi-als: wide pine flooring, mantels,raised paneling, wainscoting andfireplaces. A very special house inone of the more desirable loca-tions in the Town of Nantucket.$3,350,000

The quality and finish workthroughout this property is excep-tional and absolutely must be seento be appreciated. This incrediblemain dwelling offers several livingareas and views out over abuttingconservation land. Studio/poolhouse, home theatre, wine cellarand family/game rooms and artsand crafts room for the kids. Thereare five wood burning masonry

fireplaces, mahogany wet bar and two laundry rooms, and additionalamenities too numerous to mention. $10,800,000

Completely restored antiqueon one of the more soughtafter streets in the center ofthe Historic District. All fourbedrooms have en-suite bathsand there is a generousamount of common livingspace in the open, first floor.And there is a small yard,parking, and brick patio foroutdoor living and dining.

$3,475,000

Secluded in Quaise at the end ofa sandy road, this quintessentialbeach property offers harborviews and deeded beach andmooring access just across thelane. The house has been tasteful-ly renovated yet still feels like awonderful Nantucket cottage. Alarge garage with studio and bathabove was added approximately10 years ago. The yard is enclosedwith 6’ privet for total privacy.$2,775,000

®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. Information contained herein is believed to be reliable but is not guaranteed.

NEW LISTING

July 2009 • Nantucket Property Journal • 49

Atlantic East Real Estate508-228-77075 N. Water StreetNantucket, MA [email protected] www.atlanticeastre.com

Bamber Real Estate508-228-1416159 Orange StreetNantucket, MA [email protected]

Bennett Witte Real Estate508-269-3309PO Box 1176Nantucket, MA [email protected]

Blue Water Real Estate617-899-140121 Broad StreetNantucket, MA [email protected]

Boyce Realty508-257-6962PO Box 453Siasconset, MA [email protected]

Chatfield-Taylor Real Estate508-228-582891 Washington Street Ext.PO Box 1881Nantucket, MA [email protected]

Coffin Real Estate508-228-113840 Centre StreetNantucket, MA [email protected]

Compass Rose Real Estate508-325-5500137A Orange Street PO Box 935Nantucket, MA 02554cynthia@compassroserealestate.comwww.compassroserealestate.com

Congdon & Coleman Real Estate508-325-500057 Main Street PO Box 1199Nantucket, MA [email protected]

Cooper Shepherd Associates508-228-566844 Centre Street Nantucket, MA [email protected]

Country Village Real Estate508-228-884012 Straight WharfNantucket, MA [email protected]

David Webster & Associates508-228-506644 Madaket RoadPO Box 1109 Nantucket, MA [email protected]

Denby Real Estate508-228-2522The Gallery @ 5 N. Water StreetNantucket, MA [email protected]

Edith Delker Real Estate508-257-969827 Stone Post Way PO Box 790Siasconset, MA [email protected]

Figurehead Realty508-228-449526 Milk Street Nantucket, MA [email protected]

Great Point Properties508-228-08901 North Beach Street Nantucket, MA [email protected]

Island Properties508-228-699935A Old South RoadNantucket, MA [email protected]

Islandwide Realty508-228-6396PO Box 987Nantucket, MA [email protected]

J Pepper Frazier Co.508-228-320219 Centre Street Nantucket, MA [email protected]

Jordan Real Estate508-228-44498 Federal StreetNantucket, MA [email protected]

Killen Real Estate508-228-097610 Easy StreetPO Box 1166Nantucket, MA 02554www.killenrealestate.com

LandVest508-325-509028 Centre StreetNantucket, MA [email protected]

Lee Real Estate508-325-580058 Main Street Nantucket, MA [email protected]

Maury PeopleSotheby’s International Realty

508-228-188137 Main Street Nantucket, MA [email protected]

Nantucket Real Estate508-228-253015 North Beach StreetNantucket, MA [email protected]

Osprey Real Estate508-228-7890 PO Box 955Nantucket, MA [email protected]

Preferred Properties508-228-2320 76 Easton StreetNantucket, MA 02554brokers@preferredpropertiesre.comwww.preferredpropertiesre.com

Pro Buyer Associates508-228-750077 Sparks AvenueNantucket, MA [email protected]

Roger L. Seitz & Associates508-325-565636 Friendship LaneNantucket, MA [email protected]

Royal Colley Real Estate508-228-400552 Tennessee AvenuePO Box 2330Nantucket, MA [email protected]

‘Sconset Real Estate508-257-6355Post Office SquarePO Box 122Siasconset, MA 02564www.coffinrealestate.com

Tea Rose Realty508-228-771922 Golfview DrivePO Box 19Nantucket, MA 02554www.tearosenantucket.com

Vaughan Machado Real Estate508-228-50625 Sesapana RoadPO Box 1095Nantucket, MA [email protected]

Welch & Associates Inc. RG508-228-77777 Nashaquisset LaneNantucket, MA [email protected]

Westbrook Real Estate508-257-6206PO Box 262Siasconset, MA [email protected]

Windwalker Real Estate508-228-911712 Oak StreetNantucket, MA [email protected]

NANTUCKET ASSOCIATIONOF REAL ESTATE BROKERS NAREB DIRECTORY

Massachusetts has a mandatory licensee-consumer relationship disclosure that will be provided to you, the consumer,by the real estate agent that you choose to work with. Please make sure to complete this form with your broker, so that agency is disclosed.

nareb journal spring 2010

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