NAREB News January 13, 2011

24
INSIDE PROPERTY NEWS NANTUCKET Vol. 2 No. 18 A publication of the Nantucket Association of Real Estate Brokers January 13 ~ 26, 2011 K en Beaugrand was relaxed and happy as he took a seat at the spacious conference table upstairs in his new office. The year has had an exciting start for Beaugrand, whose Nantucket Real Estate business joined officially on January 3 with Atlantic East Real Estate to become Atlantic East/Nantucket Real Estate. “There will be one presence on LINK and in all the ads, and one office at 5 North Water Street,” he explained. In addition to that news, Beaugrand was elected President of the Nantucket Association of Real Estate Brokers as of January 1. He previously served as NAREB’s President for 6 years, then continued on its executive committee and was Vice-President for the last two years. Although he has played a major LINK Nantucket Top New Listings Dec. 29 ~ Jan.11 $3,900,000 Town Darling Street 6/3.5 Jordan Real Estate $2,895,000 Tom Nevers Wanoma Way 4/4 Great Point Properties $2,495,000 Cisco Westerwyck Way 5/3 Maury People/ Sotheby’s $2,250,000 Surfside Nobadeer Avenue Land Great Point Properties $1,395,000 West of Town Wamasquid Place 4/3.5 Coffin & Sconset Real Estate $1,345,000 Mid Island Sanford Road, 4&6 Commercial Great Point Properties Beaugrand, continued on page 12 CONVERSATIONS JORDI CABRE PHOTO T he tide turned in 2010. Four years of decline in the real estate market gave way last year to increases of more than 50 percent in transaction vol- ume and value of sales. The island remains far off the lofty heights of 2005 when sales approached $1.2 billion, but weathering the recession, the market felt much-needed relief in 2010. Transactions rose about 53 percent from 238 in 2009 to 364 in 2010. The dollar value of those sales jumped almost 60 percent from $435 million, the market’s worst showing since 2003, to $694 million. Average price crept up about 4 percent from $1.82 million to about $1.9 million, while the median price fell almost 9 percent from $1.175 million to $1.073 million. By Chris Edmonds Property News Writer KEN BEAUGRAND BY MARY LANCASTER PROPERTY NEWS WRITER MAILING LABEL WHAT’S ON THE MARKET? The exclusive list of all properties for sale on Nantucket. Page 2 5 GREAT VALUES, TODAY! From Town to Tom Nevers, these proprties emerge as attractive buys. Page 21 PROPERTY TRANSFERS Peruse properties that have sold on the island over the past two weeks. Page 23 $789,000 Tom Nevers Clarendon Street 3/3 Windwalker Real Estate War hero makes history on Broadway O n the night of March 24, 1944, 76 British and American prisoners of war escaped from Stalag Luft III, a German prison camp near Sagan, Poland during the Second World War. Of those who helped orchestrate the escape — which included three tunnels planned for up to 200 prisoners — was then Lieutenant Colonel Albert P. Clark, an American pilot flying a British Spitfire as part of the 31st Fighter Group, the first American fighter unit in the European Theater of Operations. By Peter B Brace Property News Writer Nantucket’s real estate market bounces back After dismal 2009, island sees massive gains in 2010 Market, continued on page 12 House Story, continued on page 14 NANTUCKET HOUSE STORIES

description

Bi-weekly updates on the Nantucket Real Estate Market issued by the Nantucket Association of Real Estate Brokers.

Transcript of NAREB News January 13, 2011

Page 1: NAREB News January 13, 2011

INS

IDE

PROPERTY NEWSNANTUCKET

Vol. 2 No. 18 � A publication of the Nantucket Association of Real Estate Brokers � January 13 ~ 26, 2011

Ken Beaugrand was relaxed and

happy as he took a seat at the

spacious conference table upstairs in

his new office. The year has had an

exciting start for Beaugrand, whose

Nantucket Real Estate business

joined officially on January 3 with

Atlantic East Real Estate to become

Atlantic East/Nantucket Real Estate.

“There will be one presence on

LINK and in all the ads, and one

office at 5 North Water Street,” he

explained.

In addition to that news,

Beaugrand was elected President of

the Nantucket Association of Real

Estate Brokers as of January 1. He

previously served as NAREB’s

President for 6 years, then continued

on its executive committee and was

Vice-President for the last two years.

Although he has played a major

L I N KNantucket

Top New Listings Dec. 29 ~ Jan.11

$3,900,000TownDarling Street6/3.5Jordan Real Estate

$2,895,000Tom NeversWanoma Way4/4Great PointProperties

$2,495,000CiscoWesterwyck Way5/3Maury People/Sotheby’s

$2,250,000SurfsideNobadeer AvenueLandGreat PointProperties

$1,395,000West of TownWamasquid Place4/3.5Coffin & SconsetReal Estate

$1,345,000Mid IslandSanford Road, 4&6CommercialGreat PointProperties

Beaugrand, continued on page 12

CONVERSATIONS

JORDI CABRE PHOTO

The tide turned in 2010. Four years of decline in

the real estate market gave way last year to

increases of more than 50 percent in transaction vol-

ume and value of sales. The island remains far off the

lofty heights of 2005 when sales approached $1.2

billion, but weathering the recession, the market felt

much-needed relief in 2010.

Transactions rose about 53 percent from 238 in 2009

to 364 in 2010. The dollar value of those sales jumped

almost 60 percent from $435 million, the market’s

worst showing since 2003, to $694 million. Average

price crept up about 4 percent from $1.82 million to

about $1.9 million, while the median price fell almost 9

percent from $1.175 million to $1.073 million.

By Chris EdmondsProperty News Writer

KENBEAUGRAND

BY MARY LANCASTERPROPERTY NEWS WRITER

M A I L I N G L A B E LWHAT’S ON THE MARKET?The exclusive list of allproperties for sale on Nantucket.Page 2

5 GREAT VALUES,TODAY!From Town to Tom Nevers,these proprties emerge asattractive buys.Page 21

PROPERTYTRANSFERSPeruse properties that havesold on the island over the past two weeks.Page 23

$789,000Tom NeversClarendon Street3/3Windwalker Real Estate

War hero makes history on Broadway

On the night of March 24, 1944, 76

British and American prisoners of

war escaped from Stalag Luft III, a

German prison camp near Sagan, Poland

during the Second World War.

Of those who helped orchestrate the

escape — which included three tunnels

planned for up to 200 prisoners — was

then Lieutenant Colonel Albert P. Clark,

an American pilot flying a British Spitfire

as part of the 31st Fighter Group, the first

American fighter unit in the European

Theater of Operations.

By Peter B BraceProperty News Writer

Nantucket’s real estate market bounces backAfter dismal 2009, island sees massive gains in 2010

Market, continued on page 12

House Story, continued on page 14

NANTUCKET

HOUSESTORIES

Page 2: NAREB News January 13, 2011

2 • Nantucket Property News • January 13, 2011

Thinking Problems

According to a 2005 Reuters news article, David Lynch — director of, among other

things, the 1990’s sensation Twin Peaks — had himself a plan to create instant world

peace. It seems that Mr. Lynch wanted to start a foundation with the goal of raising $7 bil-

lion, which he figured was about the price tag for global harmony. It’s a noble goal, to say

the least, so I’m not going to disparage his idealistic undertakings.

Oh, wait. Yes, I am.

Lynch didn’t want to use this ungodly sum of cash to get rid of weapons of mass

destruction or finance political reforms or anything like that. Nope. He wanted to get

together 8,000 practitioners of transcendental meditation to create what he called “a uni-

fied field of stress-free brain waves over the earth.”

Some days, it’s just too hard to pass up these little gems.

Let’s look at all the things that are wrong with this idea, shall we? First off, I admit to

not being the world’s foremost authority on transcendental meditation, but I did once go

to a Buddhist temple. And part of the whole Buddhist thing is that money isn’t the be-all,

end-all that so many non-Buddhists think it is. So for starters, why do these meditators

need $875,000 each to think about world peace? Who knew transcendental meditation

paid so well?

But I digress. Let’s move past the money. Transcendentalists pride themselves on their

ability to detach their minds from the whole process of thinking. So in essence, they don’t

think. So these very well-paid people are going to think their collective way to world

peace by not thinking. They’re going to create stress-free brainwaves (read: “thoughts”)

without thinking. Makes sense, right? I mean, you wouldn’t want these people to be doing

something simple like thinking by thinking, especially given how much they’re getting

paid, right?

Here’s the thing. I’m really not here to make fun of these people. That’s only one part

of why I’m here. Another part of why I’m here is to illustrate a point, which this whole

debacle illustrates pretty well without too much help from me, and that’s the idea that

thinking about a problem doesn’t make it go away.

Let me clarify a little. Of course there are problems that require thought to solve — this

is, after all, how we come up with solutions — but to my mind and in my experience,

there’s actually a little work that has to follow up the thinking process in order to get any

tangible results.

Let’s use your house as an example. We’ll do a little hypothetical here, and say that

you’ve got something at your house that needs to be repaired. Maybe the outside needs

reshingling, or you’ve got a leaking faucet in a bathroom, or the tile in your bathroom is

falling off the wall. Whatever the actual problem is doesn’t matter, so much for our pur-

poses here.

So you’ve got this problem that needs to be fixed, and you’ve got a couple of options

in terms of how to get that repair done. You can call me and pay me three-quarters of a

million dollars (which is a bargain, apparently) and I’ll come over and think about it. I’ll

think about it by not thinking about it, actually. I’ll think really hard about not thinking

about it. And then I’ll thank you for your contribution to my new Bentley, and on we go.

Or you can actually do something about it and hire a professional to do the job for you.

And while I’d love to bilk you blind without having to actually produce anything, I’m

going to have to go ahead and recommend hiring someone who has some semblance of

an idea of what they’re doing.

It never ceases to amaze me how specialized a lot of the tradespeople are out here on

Nantucket. No matter what your specific situation, it seems that there’s somebody in the

yellow pages who fits the bill exactly for what you’re seeking.

And speaking of thinking, one thing I’ve learned over the years is that the longer you

think about a problem, the longer you’re putting off actually getting it fixed. And that

delay almost always seems to lead to an increase in the severity of the problem. So since

we’ve got this whole New Year thing going on, why not make your own little new year’s

resolution to get those problems fixed this year. You might find that your thinking gets a

little less stressed-out. And you didn’t even have to go through hundreds of thousands of

dollars worth of transcendental meditation training for it.

I’ll just send you my bill in the morning. Happy New Year.

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

GET REALwith AAnnddrreeww SSppeenncceerr L I N KNantucket

AreaBed/ Lot Listing

Price Street Bath Size Type Office

Brant Point$499,000 Cornish St 0/0 0.03 SF ISLP$975,000 North Beach St 0/0 0.14 SF ISLP$975,000 North Beach St 0/0 0.19 Com ISLP$1,350,000 Cornish St 0/0 0.10 SF KILL$1,495,000 Walsh St 0/0 0.14 Land AERE$1,550,000 Dolphin Court 0/0 0.14 Land FRAZ$1,795,000 North Ave 0/0.5 0.94 SF KILL$2,295,000 North Beach St 0/0.5 0.21 SF CSAA$2,365,000 Stone Barn Way 0/0.5 0.14 SF CSAA$2,400,000 North Beach St 0/0 0.18 SF MAUR$2,695,000 East Lincoln Ave 0/0 0.10 SF WWRE$2,750,000 Dolphin Court 0/0.5 0.15 SF FRAZ$2,995,000 Dolphin Court 0/0.5 0.13 SF FRAZ$3,975,000 Easton St 0/0.5 0.13 SF MAUR

Cisco$519,000 Somerset Rd 0/0 0.25 Land MAUR$1,795,000 Nanahumacke Ln 0/0.5 0.29 SF JORD$1,850,000 New Hummock 0/0.5 0.92 SF JORD$1,995,000 Moby Way 0/0 0.50 SF CSAA$2,095,000 Nanahumacke Ln 0/0.5 0.29 SF JORD$2,495,000 Westerwyck Way 0/0 0.46 SF MAUR$2,995,000 Austine Locke 0/0 0.72 Land CONG$3,475,000 Osprey Way 0/0.5 0.42 SF MAUR$3,699,000 Caroline Way 0/0.5 0.55 SF MAUR$3,995,000 Falmouth Ave 0/0.5 0.24 SF MAUR

Cliff$759,900 Cliff Rd 0/0 0.00 Condo JORD$910,000 Delny Rd 0/0 0.14 Land MAUR$975,000 Delny Rd 0/0 0.22 SF ISLP$1,295,000 Derrymore Rd 0/0 0.20 SF CVIL$1,650,000 Cliff Rd 0/0 1.84 Land ISLP$1,899,000 Pilgrim Rd 0/0 0.50 SF COFF$2,250,000 Cliff Rd 0/0 0.67 SF FRAZ$2,350,000 Hamblin Rd 0/0.5 0.27 SF CONG$2,395,000 North Star Ln 0/0.5 0.18 SF PREF$2,475,000 Cliff Rd 0/0 0.46 SF MAUR$2,849,000 Capaum Pond Rd 0/0 0.19 SF WWRE$3,395,000 Cliff Rd 0/0.5 0.29 SF MAUR$4,350,000 Deacons Way 0/1 2.00 SF MAUR$5,275,000 Cliff Rd 0/0.5 0.14 SF MAUR$6,750,000 Lincoln Circle 0/1 0.38 SF GTPT$6,900,000 Hallowell Ln 0/0.5 0.58 SF WWRE$6,995,000 Capaum Pond Rd 0/1 1.15 SF WWRE$8,950,000 Kimball Ave 0/0 2.13 SF ISLP$12,900,000 Lincoln Ave 0/0.5 0.53 SF GTPT$15,500,000 Chase Links 0/0 9.12 Land WWRE$23,700,000 Sherburne Way 0/0.5 1.66 SF MAUR$23,750,000 Lincoln Ave 0/1.5 0.79 SF MAUR

Dionis$995,000 Swift Rock Rd 0/0.5 1.00 SF BAMB$1,695,000 Swift Rock Rd 0/0.5 1.00 SF MAUR$1,925,000 Bishops Rise 0/0.5 1.95 SF JORD$2,395,000 Eel Point Rd 0/0 2.02 SF WWRE$2,850,000 Eel Point Rd 0/0.5 1.96 SF GTPT$2,850,000 Eel Point Rd 0/0.5 1.96 SF FRAZ$2,875,000 Fintry Ln 0/0.5 1.84 SF ISLP$4,995,000 Lavendar Ln 0/0.5 1.84 SF FRAZ$5,950,000 Eel Point Rd 0/0 5.09 Land MAUR$5,975,000 Huckleberry Ln 0/0 1.97 SF JLEE$9,995,000 Eel Point Rd 0/0 13.46 Land AERE

Hummock Pond$695,000 Aurora Way 0/0 0.15 Land FRAZ$995,000 Austin Farm Dr 0/0 1.00 SF AERE$1,150,000 Pond Rd 0/1 0.49 SF FRAZ$1,395,000 Aurora Way 0/0.5 0.12 SF FRAZ$1,495,000 Aurora Way 0/0.5 0.15 SF MAUR

Madaket$325,000 Arkansas Ave 0/0 0.07 SF AERE$329,000 Arkansas Ave 0/0 0.04 SF MAUR$350,000 Arkansas Ave 0/0 0.08 SF JLEE$489,000 Arkansas Ave 0/0.5 0.07 SF COFF$660,000 Rhode Island Ave 0/0 0.23 SF WWRE$825,000 Ridge Ln 0/0 0.23 SF CVIL$999,000 Washington Ave 0/0.5 0.19 SF MAUR$1,100,000 New Jersey Ave 0/0 0.45 SF MAUR$1,200,000 Washington Ave 0/0 0.23 SF CSAA$1,389,000 Long Pond Drive 0/0.5 0.93 SF AERE$1,595,000 Madaket Rd 0/0.5 2.32 SF CONG$1,995,000 Starbuck Rd 0/0 0.74 SF FRAZ$1,995,000 Starbuck Rd 0/0.5 0.48 SF MAUR$2,250,000 Washington Ave 0/0.5 0.57 SF KILL$2,995,000 H St 0/0.5 0.41 SF MAUR$3,750,000 Tennessee Ave 0/0 0.29 SF GTPT

Continued on page 16

Page 3: NAREB News January 13, 2011

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]

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 02554compass@compassroserealestate.comwww.compassroserealestate.com

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

Cooper Shepherd Associates508-228-5668Zero Main 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]

‘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]

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 DIRECTORY

NANTUCKETPROPERTY NEWS

EditorDon Costanzo

Contributors

DistributionKen Turgeon

A Publication of the NantucketAssociation of Real Estate Brokers

PresidentBill Liddle

Past PresidentPenny Dey

TreasurerBernie Coffin

Vice PresidentKen Beaugrand

SecretaryDalton Frazier

Members at LargeKenneth Lindsay & David Boyce

Nantucket Property News is published every other week by the NantucketAssociation of Real Estate Brokers and is distributed free on Nantucket.All content of this newspaper, including without limitation the design,

advertisements, art, photos and editorial content is Copyright “C” 2010, NAREB.No portion of this newspaper may be copied or reprinted without the express written permission of the publisher. Nantucket Property News is a registered

trademark of NAREB, PO Box 335, Nantucket, MA 02554.

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

www.nareb-online.com

January 13, 2011 • Nantucket Property News • 3

CO

NT

EN

TS

FEATURES

ADVERTISER INDEX4 Atlantic East/Nantucket

Real Estate

6 Island Properties

7 Craig Hawkins

8 Great Point Properties

10 Coffin Real Estate

10 Welch & Associates Inc.RG

11 Compass Rose Real Estate

13 Westbrook Real Estate

16 J Pepper Frazier Co.

17 Maury People/Sotheby’s

18 Jordan Real Estate

19 Boyce Realty

20 J Pepper Frazier Co.

20 Lee Real Estate

22 Michael Angelsatro

22 Chandra Miller

24 Maury People/Sotheby’s

1 Conversations Ken Beaugrand

1 Nantucket House Stories 16 Broadway

1 New Listings

2 Get Real Spencer thinks about thinking

2 LINK Nantucket The only comprehensive list of properties for sale on Nantucket

21 5 Great Values

23 Property Transfers

Rob BenchleyPeter B. Brace

Jordi Cabre

Mary LancasterAndrew SpencerPeter A. Sutters

Page 4: NAREB News January 13, 2011

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

4 • Nantucket Property News • January 13, 2011

Almost in Town

This spacious single story home features 3 bed-rooms with a welcoming open floor plan. Adesirable location with a sizable yard and attachedgarage.

$865,000Listing Broker: Ken Beaugrand

Over 13 acres

Of unspoiled land with panoramic 2nd floorviews of Nantucket Sound. Abuts Conservationland. Potential for subdivision. Peaceful locationnear the north shore. Please call for details.

Listing Brokers: Ken Beaugrand & Gail Osana

Points of ViewBright and spacious upside- down home offersgracious summer living with views of Long Pondand Madaket Harbor. Two living areas, four bed-rooms, three full baths and large south facingdeck complete this well-maintained home.Move right in!

$1,389,000Listing Broker: Penny Dey, GRI, ABRM

House and CottageOn a half acre lot, this main house and cottage offera variety of possibilities. Conveniently situatedbetween town and the south shore beaches withaccess to shuttle and bike path. Property is lushlylandscaped and private, yet in a neighborhood notfar from town.$679,000Listing Broker: Penny Dey, GRI, ABRM

PO Box 1407, 5 North Water Street, Nantucket, MA 02554T: 508-228-7707 F: 508-228-7780 www.NantucketRealEstate.com

Secluded Surfside Setting …On nearly two acres. Just minutes to the beach andthree miles to town. This stately four bedroomColonial style home offers three and a half baths, firand tile floors,a fireplace,a soaring ceiling and expans-es of glass overlooking the private back yard and deck.Wonderful southern exposure and room to expand.

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

On the Way to Cisco…

An ideal location for summer or year round liv-ing. This custom built, cape style home offers 3bedrooms, 2 baths, an inviting living area withcathedral ceiling & fireplace and an attachedgarage. Almost an acre of land.

$995,000Listing Broker: Ken Beaugrand

Sconset Land

Over a quarter of an acre with town water &sewer available. Located off Clifton Street. Pleasecall for more details.

$589,900Listing Broker: Ken Beaugrand

First Floor Living

From this 3 bedroom 2 bath home on the edgeof town. Desirable open floor plan, plenty ofstorage and room to expand.

$725,000Listing Broker: Ken Beaugrand

Curb Appeal & ComfortFrom this spacious 3 bedroom,2 bath home. Twoliving areas, two fireplaces, a sizable kitchen anddining room. One of the larger lots in Naushopwith an enclosed yard.A community pool, tenniscourts and playground included.

$989,000Listing Broker: Ken Beaugrand

NANTUCKET REAL ESTATE

Page 5: NAREB News January 13, 2011

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

January 13, 2011 • Nantucket Property News • 5

Penny Dey, GRI,ABRM � Heidi Drew,ABR, RSPS � Ken BeaugrandYvonne Breslin � Peter DuPont � Ginger Ivey �Mary Malavase,ABR, RSPS,TRC � Erikka PerkinsLisa Sherburne,ABR, RSPS � Anne Remian �Melinda Vallett � Christine Whelden � Soo Woodley

Everything You Ask For

4 bedrooms,3 baths, 2 fireplaces, open floor plan,stylish kitchen, extraordinary outdoor livingspace, full basement & a covered porch. Over ahalf acre of land with room to expand.

$998,000Listing Broker: Heidi Drew, ABR, RSPS

Quidnet Near the Sea

Complete the courtyard and create your ownsecret garden by the sea. Then, turn things upsidedown and climb to the glorious views of theocean, pond and Sankaty Light. Stunning viewsare protected. Truly a one of a kind property.

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

Charming and Bright...home nestled on a quiet cul-de-sac in Nashaquisset.Open floor plan for easy entertaining. Three gener-ous bedrooms with three full bathrooms.Nashaquisset offers year round caretaking,use of pooland tennis courts and magnificent landscaping.Property is for sale partially furnished.

$790,000Listing Brokers: Melinda Vallett and Penny Dey

A Peaceful View

From this 2 bedroom and 2 bath town house.Three floors of living space and 2 decks for out-door enjoyment.

$325,000Listing Broker: Ken Beaugrand

Comfy and Snug

Cozy home on half acre in residential neighbor-hood close to town. Ample room for expansionor second dwelling.

$519,000Listing Broker: Mary Malavase,ABR, RSPS,TRC

Naushop Traditional

Excellent opportunity in a lovely area ofNaushop. Three floors of living space in this fourbedroom, three and a half bath home. Large pri-vate back yard.

$795,000Listing Broker: Ginger Ivey

Blocks to Main Street

Pristine three bedroom Greek Revival in townwith updated kitchen and baths. Enclosed yardand free-standing garage with previouslyapproved plans for second dwelling.

$1,295,000Listing Broker: Heidi Drew, ABR, RSPS

Polpis Harbor ViewsFour acres of tranquility on the way to Wauwinet.This post and beam treasure boasts three full levels ofgracious living and offers intimacy and warmththroughout.The 19th century, reclaimed barn tim-bers and hand crafted details welcome you at everyturn. Expansive room for entertaining.

$2,990,000 Listing Broker: Melinda Vallett

3 Friendship Lane

A half acre of land with town water & seweravailable. Easy access to the bike paths, MiacometGolf Course and south shore beaches.

$495,000Listing Broker: Ken Beaugrand

Page 6: NAREB News January 13, 2011

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

This classy Custom Beach Home has it all - great construction technique,layout, superb views of Wauwinet Harbor as well as deeded beach accesswhich is 150' away.Wauwinet Harbor is perfect for swimming, boating,kayaking, windsurfing, as well as fishing and clamming.Truly a great sliceof Nantucket Real Estate!

PPooccoommoo $$33,,229955,,000000

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

6 • Nantucket Property News • January 13, 2011

This property is currently 2 over-sized lots, one of which has a classic summer home on it.This is unarguably one of the island's most desiredneighborhoods.This location provides privacy while being moments fromBeaches and Town. If so desired a 4 lot ANR subdivision is possible.

LLiinnccoollnn CCiirrccllee AArreeaa $$88,,995500,,000000

Overhead where the tree-tops meet — Charming, upper Main Streetantique home on over-sized lot with room for expansion. Historic, loving-ly-maintained home is filled with details of ages past. Deep, brick driveway,large yard, detached garage and separate shed equipped with generator.

TToowwnn $$11,,779955,,000000

This delightful post-and-beam home offers plenty of privacy in a conven-ient location. The well-designed outdoor spaces provide ample seclusionand feels much like a private garden retreat. The comfortable interior isperfect for families or to use as a rental property. Quality and Comfortjust steps from Downtown.

TToowwnn $$11,,224455,,000000

This 3-bedroom, 2-bathroom cottage is located in the desired Brant Pointarea. Air conditioning, yard and front deck with privacy are a few of the amenities offered here. This property is very close to the heart of downtown and walking distance to beaches — this is a great summerlocation!

BBrraanntt PPooiinntt $$997755,,000000

This unique property, which was once run as a hotel, is located in the heartof Brant Point and consists of 5 separate units. Its convenient locationclose to downtown amenities and beaches provides this with excellentpotential as a rental property.

BBrraanntt PPooiinntt $$997755,,000000

Page 7: NAREB News January 13, 2011

Craig HawkinsBroker

®,™ 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.

DIONIS5+ acres with views and 460’ feet of frontage on Eel Point. Existing three bedroom

cottage on the highest point with views out over dunes and Nantucket Sound.Create your summer dream house! Potential for subdivision; two acre zoning.

$5,950,000

QUIDNETOversized, elevated parcel, 3.6 acres in size, with distant views of the Atlantic,

Sesachacha Pond and Sankaty Light. One of the highest elevations in theQuidnet/Squam area, offering privacy, views and sunsets over conservation land.

$3,495,000

SHIMMOOutstanding 1.6 acre lot in desirable Shimmo offers excellent views of Nantucket

Harbor and Town. This elevated lot, with its exquisite assortment of mature trees, islocated on a terrific, quiet road of upscale new homes. Lot affords nearly 4,800 square

feet of ground cover for the construction of a main house, guest house, cabana forpool and tennis court. Deeded access to Shimmo Beach and boat mooring.

$3,395,000

CLIFFWonderful Cliff /Town location to create a nice family compound with house,

guest house, garage, pool, etc... Sub dividable ANR lot.$2,475,000

WAUWINETBuild your dream home on this outstanding, elevated, 3+ acre lot in Wauwinet,

offering terrific views of the Harbor and Nantucket town in the distance.$1,900,000

TOWNConforming, level lot on a very quiet street in one of the most desirable areas in

the Town of Nantucket. Located in ROH zoning allowing for 50% ground cover,a building footprint of 2,550 square feet.

$1,450,000

CLIFFWonderful Cliff /Town location. Recent ANR Sub-Division.

$910,000

MID-ISLANDRC-2 zoned lot, 6,500 +/- square feet, with outstanding visibility on Old South

Road. Excellent opportunity for destination retail exposure, as well as duplex living potential, along one of Nantucket’s few commercial corridors.

$245,000

LAND LISTINGS

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

SHAWKEMONew construction. This is an

extraordinary execution of a brilliantdesign. Unprecedented quality.

$10,800,000

BRANT POINTIncredibly well executed restoration of a classic, bungalow style beach

house with added cottage.$3,975,000

POLPISNew home features a fantastic floor plan

and highest quality finishes, pool andviews. 5 BR/5 full/2 half baths.

$4,989,000

WAUWINETOne of the most spectacular

locations on Nantucket.Enjoy ocean and harbor frontage.

$12,900,000

TOWNNicely renovated antique with

exceptionally large back yard and off street parking, 5 or 6 bedrooms.

$4,465,000

CLIFFBeautifully restored 1747 antique home ondesirable Cliff Road, just a five minute walk

into town. Many original features intact.$5,275,000

TOWNBeautifully restored in-town antique

on an oversized, corner lot.Large garage and yard.

$3,875,000

MADEQUECHAMOutstanding South Shore Ocean Front

Estate features a meticulously maintainedfive bedroom post and beam style house.

$4,900,000

TOWNRecently built home on oversized lot,with beautiful materials and details;

cherry floors; granite; nice finish work.$2,675,000

MID ISLANDWell maintained home located in a nice,

well established, year round neighborhoodclose to schools, mid-island businesses.

$569,000

TOWNBeautiful 4 BR home in the

Old Historic District on one of the most sought after streets.

$2,975,000

WAUWINET Beautiful custom home

with detached cottage/studio.Magnificent piece of property.

$2,295,000

TOM NEVERSVery nice ocean views from this three

bedroom/two and a half bath upside downhouse located across the street from the bluff

$1,495,000

TOWNTwo separate 2 BR/2 bath condos, canremain as is or convert back to singlefamily. Both have A/C and fireplaces.

$1,785,000

CISCO Well designed, spacious home with viewsof Hummock Pond and a short walk to

beach. A/C. Room for pool.$3,475,000

SURFSIDETwo houses on an oversized lot with

two driveways and so much separationthey can easily be rented separately.

$1,475,000

TOWNBeautifully executed renovation and

addition of a 1930s bungalow design.One block from the top of Main Street.

$1,995,000

MADEQUECHAMOver an acre of oceanfront property with 150' of ocean frontage, sunsets

and wonderful beach.$2,695,000

MID ISLANDVery clean house on a large, potentially

sub-dividable lot, creating a lot withexposure on Old South Road.

$895,000

TOWN Early 1800s antique home originallybuilt in Vermont, disassembled and

re-constructed on Nantucket in 1987.$3,250,000

WAUWINETWell built and maintained 4 BR home

on three acres on the top of a hill overlooking Polpis Harbor.

$2,475,000

TOWNTwo story, two bedroom, waterfront townhouse in a fantastic location with excellent

rental history. Walk to Main Street.$975,000

MADAKETIn a stunning location, this four bedroomhouse offers magnificent views of LongPond, the ocean and conservation land.

$1,175,000

MIACOMETWell-built three bedroom,three bathroom home with attached garage and shed.

$630,000

UNDER

CONTRACT

TOWNOriginally built in the late 1700s and completely restored in 2007.

4 BR/4 full/2 half baths. Quiet Street.$2,975,000

MIACOMETTwo story beach house on two beautifulacres across from Miacomet Pond. Views

of pond, ocean and conservation land.$1,995,000

SCONSETClassic 1920s ‘Sconset Bluff Home withdetached garage. Magnificent sunrises

and views of Atlantic.$795,000

QUIDNETSpacious, extremely well designed and built

home that has had very little use, neverrented and in immaculate condition.

$1,875,000

SOLD

TOWN4BR/2bath home in the historic districton desirable Lily Street. Separate 1BRcottage and detached two car garage.

$1,675,000

Page 8: NAREB News January 13, 2011

Tom Nevers

Amazing oceanfront property. Panoramic viewsover the Tom Nevers Bluff, the open AtlanticOcean, and all the way to Sankaty Light. Beachstairs right in front through the dunes to thebeautiful surf beach. Watch and listen to thesurf from your covered porch, second floor deckor roofwalk. There is some expansion potentialand room for a swimming pool.

$2,895,000

Squam LotThis over-sized lot, at an elevation of 28 feet above sea level, is one ofthe highest points in the area and offers expansive first floor oceanviews and significant ground cover. Deeded beach access is only a shortwalk away. Well and six bedroom septic installed.

$1,695,000

Mid-IslandSprawling family home with commercial potential all on one floor surroundedby mature plantings and landscaping. The layout affords both space and priva-cy, with two hallways with bedrooms flanking either side of the main living areawhich looks out onto the patio and in-ground pool for summer enjoyment andentertaining. Centrally located with a consistent summer rental history, the prop-erty offers a multitude of possibilities for a year round or seasonal family.

$829,000

Perfect Waterfront Retreat Enjoy breathtaking sunsets and endless water views of forever-preservedHither Creek, Madaket Harbor and beyond to Tuckernuck from the privatedock, expansive deck and from inside this incredibly designed, renovatedhome. The “Hither Creek House” has been meticulously upgraded to maintainits authentic charm and history while offering top-of-the-line appliances andappointments. Property offers the addition of a boathouse.

$3,750,000

Uncompromising Beach EstateOne of a kind! Stunning new custom built five bedroom main house onthree finished floors with gracious and dramatic living spaces and won-derful lower level game room in addition to a beautiful three bedroomguest house with a well equipped kitchen and a detached two car garagewith an office space above. Offered fully furnished and equipped.

Landscaped Oasis Momentsfrom TownTucked in on a beautifully landscaped lot on a very quiet street a shortdistance from Town, this impeccably maintained and tasteful four bed-room, three bath home offers an open floor plan which was thoughtful-ly designed and appointed.

$2,465,000

WoodburyFurnished in-town home with private hedged-in gardens with room fora pool. Four bedrooms with ensuite bathrooms along with a private stu-dio with a full bath creates a wonderful home for a family and enter-taining. Cherry flooring, detailed custom paneling and window shuttersthroughout help create a gracious home with style and comfort.

$2,595,000

Westmoor Barn with PlansThis large barn awaits renovation into a special post and beam home.There are approved 2006 plans by Milton Rowland for a 5 bedroom, 4full bath, and 2 half bath home. A building permit was issued in 2008.The barn is situated on an oversized .64 acre lot in R20 zoning allowingadditional room for a guest cottage and pool. There is an existing out-building that could be used as the cottage or garage.

$2,495,000

A View of the Harbor’s EntryHeirloom offering in a truly exceptional location on highly sought afterLincoln Circle perched on the Cliff with views over the harbor's entry toGreat Point and beyond. This over-sized property runs from LincolnAvenue down to Jefferson Avenue which ensures open views and out-door space rarely available in this neighborhood.

$12,900,000

Sleepy HollowRambling single story in town home several blocks to Upper MainStreet. This four bedroom home is tucked in on a quiet side street andfeatures a wonderful courtyard garden and an enclosed terrace. Thehouse was updated in the 1990s and has bright and open livingspaces and a recently renovated kitchen with granite counters andstainless appliances.

$1,295,000

Page 9: NAREB News January 13, 2011

In Town on Copper

Spacious modern home and garage/apart-ment built in 2005 on a lovely small street inthe Old Historic District of Nantucket Town. Themain house offers 5 bedrooms and 5 fullbaths, an open floor plan with a gourmetkitchen, dining and living areas. There is also aseparate 2 car garage with a two bedroom, 1bath apartment above. There is a large patioand a covered front porch for outdoor enjoy-ment of the property.

$2,850,000

West York Duplex Two-family “up & down” duplex building consisting of two, 3-bedroom,1.5-bath apartments. There are four legal parking spaces and a fullunfinished basement. Convenient to everything. Large side and reardeck.

$675,000

Antique GemA beautifully renovated antique gem with a new addition off the reargives this home the best of both worlds. Rare oversized property on theedge of Town gives a wonderful estate feel. Ample room for additionalexpansion. A separate studio offers cathedral ceilings, wet bar, full bathand a brick patio accessed by french doors.

$2,450,000

Polpis HarborfrontBeautiful country setting on Polpis Harbor with sweeping views over saltmarshes out to Polpis Harbor. Magnificent oak trees and varied topog-raphy make this a special site.

$3,500,000

Renovated AntiqueCompletely renovated 1800s house located on a quiet street a short dis-tance to town and the Great Harbor Yacht Club. This charming three bed-room home is tucked away in a convenient location with a private patioideal for grilling and relaxing.

$1,295,000

Impeccable off Surfside RoadPerfect for a buyer who recognizes and appreciates stylish details andamenities, this impeccably maintained four bedroom, four bath home isconvenient to Town, schools and the Surfside bike path. Situated on anelevated lot, this turn-key property includes a deck which runs along theback of the home overlooking the manicured yard enclosed with matureplantings ensuring privacy.

$799,000

Polpis Overlooking Cranberry BogsCreated by America’s leading post and beam designer Tedd Benson, thisexceptional country estate property is located on four stunning acresthat overlook Conservation lands that include views over stunning cran-berry bogs. The property is located adjacent to endless miles of conser-vation trails and is a brief bike ride to Polpis Harbor.

$3,695,000

In-Town Charm near theWindmill Charming turnkey home located a short distance from Town andSurfside bike path. This home offers a new heating system, air condi-tioning, security and irrigation systems. New appliances and fixtures.Large back yard with a storage shed, and a wonderful rear patio over-looking the Old Mill. Ground cover available for expansion.

$1,095,000

Custom Built Cliff Home This lovely new home is quietly situated off West Chester Street. Thebucolic setting belies the near town convenience and close proximity ofthe Westmoor Club. Perfectly accented with gracious detailing, modernamenities, and pastoral landscaping, this is a perfect family setting.There are plans for a garage and apartment. The plans are HDCapproved but need to be renewed. $2,975,000

Historic in TownBeautiful 19th Century Nantucket four bedroom home located at the topof Academy Hill on a sunny corner lot. Bright and open living spaceswith many original historic details with a small yard, off street parkingand a separate cottage.

$1,450,000

Page 10: NAREB News January 13, 2011
Page 11: NAREB News January 13, 2011

SURFSIDE COTTAGE, GREAT PROJECT!

$599,000Double lot with town sewer offers good

privacy or potential for development. Ranch style 2plus BDRM, 1.5 BA cottage on quiet sandy lane.

Listing Broker: Cynthia Lenhart

SMUGGLERS LUCK$1,395,000

4 BDRM, 2.5 BA Surfside beachhouse just 200 yards from the sea.Fireplace, 2 car garage, roof walk,

sun deck, nice yard & hot tub.

Listing Broker: Cynthia Lenhart Broker is related to seller

WAUWINET WITH HARBOR ACCESS

$2,850,000Delightful contemporary 4 BDRM, 3.5

BA home on 3.5 magnificent acresabutting conservation land on

2 sides.Terrific attention to detail,4 fireplaces, generous living

spaces inside and out.Deeded beach and harbor access!

Listing Broker: Cynthia Lenhart

FAIR STREET INN$1,395,000

This spacious 6 BDRM, 5 BA c.1850 gem iscurrently operating as the “Wood Box” but

could be easily returned to a private residence.Loads of character, fabulous location!Listing Agent: Pat Carr Calabrese

Cynthia Sadler Lenhart . Constance Sturgis . Sue Fine . PJ Joyner . Pat Carr Calabrese . Beth Maier . Pam Sosebee . Jim Cahill

SURFSIDE KNOCKOUT$2,495,000

Charming rose covered craftsmanbuilt 4 BDRM, 4 BA home withadorable guest cottage, detached

office, surrounded by gardens on afabulously manicured one acre lot.Terrific location near Surfside Beach!

Listing Broker: Cynthia LenhartSeller is a MA licensed real estate agent

NOTHING LIKE IT!$3,200,000

Magic from the moment you enter thedriveway as it winds through a tunnel of

greenery.The impeccably landscaped property camouflages the spaciousness

of this home, offers several spectacular outdoor living areas and big privacy! This 5+

BDRM, 4.5 BA home with its 1 BDRM,1 BA guest cottage is sure to surprise.

Listing Broker: Cynthia Lenhart

HOME SWEET HOME$585,000

Cape style 3 BDRM/ 2BA home in AbramQuary neighborhood. Full basement, maplefloors, granite counters, stainless appliances,

fresh and attractive inside & out!Listing Agent: Beth Maier

SIMPLY CHARMING$915,000

Cheerful home in popular Naushop. 5 BDRM/ 3.5 BA spacious living /dining rm, cozy familyrm w/ fireplace, den, great kitchen & breakfast

rm plus patio, hedged yard, & parking.Listing Broker : Cynthia Lenhart

EXCELLENT VALUE

Cisco Beach

Town

Edge of TownHarborfront

Wauwinet

Madaket

Summer on Nantucket!Now is the time to reserve your Nantucket Vacation

as prime weeks book early in our most popular homes!We offer hundreds of vacation rental properties that run

the gamut in price from fabulous to frugal and everythingin between. Choose an upscale antique home in our

historic town or a contemporary beach house, a sweet little cottage or a condo apartment.

See our web site www.compassroserealestate.com

to view our listings.Contact us soon to arrange your Nantucket holiday!

508-325-5500

Page 12: NAREB News January 13, 2011

NEWS REPORT

12 • Nantucket Property News • January 13, 2011

That slip in the media did little to undercut the

enthusiasm for 2010’s turnaround.

“Everyone started to hold their breath in

2008,” said Edward Sanford, broker and princi-

pal at Great Point Properties. “This year, we

exhaled.”

How it happenedLooking back, three factors helped contribute

to the surge in the market, said Dalton Frazier,

president and co-principal at J Pepper Frazier

Co.: “Sellers were more realistic with their

prices; buyers had pent-up demand, and there are

low interest rates.”

Those realistic prices, recalibrated on account

of the recession, greased the skids for transac-

tions.

“Sellers realized these aren’t the boom years

anymore, and they needed to lower their prices

because assets across the board took a hit in the

recession,” Frazier said.

Market activity expedited that realization. “As

properties started selling at lower-than-peak

prices, we could go to the seller with hard evi-

dence,” Frazier said.

Likewise, buyers, who had been waiting for

deals, jumped in so as not to miss the bottom of

the market, which brokers say formed in late

summer 2009. With some of the “tremendous

uncertainty” about the island’s real estate market

and the national and global economies dispelled,

buyers hit on both ends of the pricing spectrum

in 2010, said Craig Hawkins, a broker at Maury

People/Sotheby’s International.

“The high-end was very strong,” Hawkins

said, “and there was a lot of activity in the low-

end, partially to do with some short sales.”

The middle of the market, what Sanford pegs

at $2.5 million to $6 million, continued to be

soft, with comparatively little movement.

“Anecdotally, those buyers have been hurt

financially, and they’re not coming back as fast,”

Sanford said. “But I think they will.”

Foreclosures, short sales and distress sales

played a role at the low-end. That they existed in

the market wasn’t a surprise to Hawkins. “This is

my third recession in real estate,” he said. “I’ve

seen it before. The wave was bound to crest.

There was just too much debt.”

Such situations have a way of gumming up the

works, Frazier said, with buyers continuing to

hold out for better deals. “I’d like to get those off

the market and get things moving again,” he

said.

Looking AheadKeeping things moving stands as the hope for

2011, but with some of the property backlog left

over from a stagnant 2009 now gone, the oppor-

tunity may be closing for getting a piece of

Nantucket at an off-peak price.

“There’s a very small window for buyers to

take advantage of — interest rates are low, and

there’s a good amount of inventory,” Hawkins

said. “But, again, the window’s small, and I

think we’ll see prices creeping back up between

March and July.”

Now, in other words, is a good time to buy.

“Prices have not firmed — really,” Sanford

said. “They’re certainly going to, but if we look

at what’s closing based on asking prices, buyers

are sort of still getting that 10-percent discount

off ask.”

In terms of what 2011 might bring, one only

has to rewind 12 months to see the difficulty in

making predictions.

“A year ago today, it wasn’t looking so hot,”

Frazier said, and early signs are pointing to an

extended run at recovery this year.

According to Frazier, who tracks the statistic,

less than 3 percent of island listings were under

contract in January 2010. A year later, that figure

is about 8.5 percent, due in part to developer’s

starting to build spec houses again, Frazier said.

Still, the real estate community remains, in

Sanford’s words, “guardedly optimistic” about

2011. A good year, he and Frazier agreed, would

be to equal 2010. A better year would be to

exceed it and get back closer to $700 million in

sales, nearer to the 2003-2010 average of about

$800 million in annual sales.

“Nantucket is a desirable place,” Sanford said.

“The demand for property here doesn’t go away.

It just gets pent up. People out there want to buy,

but they don’t feel comfortable buying at this

time. When the pendulum starts to swing the

other way, people will feel more comfortable,

and they’ll jump back into the market.”

As for another billion-dollar year, not so fast,

Hawkins said.

“I do think we have the potential over the long

haul to get back,” he said. “It won’t be this year,

although I think we’ll have another great year.”

Market, continued from page 1

2010 Sales Summary by MonthData provided by LINK Nantucket

Average Selling Price

Total Sales - Trend Over Time Total Value of Sales - Trend Over Time

Median Selling Price

Page 13: NAREB News January 13, 2011

role in the island industry since buying Nantucket Real

Estate from Curtis Barnes in 1995, Beaugrand had never

been involved in real estate until that time.

“We have lived all over the world,” Beaugrand said

of his wife of 41 years, Gussie, and their three children.

“Our eldest, Chris, was born in Switzerland, our daugh-

ter Samantha was born in Holland, and the youngest,

Jason, was born in Toronto, Canada.”

Beaugrand began his career life as a Wall Street

lawyer before spending 30 years in financial services.

He served as President of a Toronto life insurance com-

pany and ran the U.S. operations of Manulife Financial,

the company that purchased the Hancock firm a couple

years ago.

Beaugrand and his family started spending summers

on Nantucket more than 30 years ago, always staying in

the Wauwinet Crow’s Nest Cottages. In 1990 they

bought their Fair Street home and moved permanently

to the island in 1994. The following year he purchased

Nantucket Real Estate after determining it was the per-

fect next step for him.

“I had always been fascinated by real estate,” he

explained. “I understood it from the legal and finan-

cial sides and enjoyed interrelationships with people.

When we moved here, the real estate business

seemed a logical fit.”

Beaugrand recalls that when he bought Nantucket

Real Estate there were about 20 local realty agen-

cies, a number that grew to 37 as the sales boom

years continued.

“There is really no barrier to entry in our business.

The real estate business is a relationship business. When

the market is strong and people have good relationships

with their clients, there is a willingness to go out on your

own. When the market contracts, because they don’t

have a lot of overhead, they can stay in the business as

long as that’s not their sole source of revenue.”

Today, NAREB has 32 member offices. About three

years ago, Great Point Properties and Sanford Real

Estate joined forces as has Atlantic East and Nantucket

Real Estate, however, Beaugrand does not necessarily

see their actions as part of a movement.

“More than half are one or two-person offices,” he

noted. “Individual operations survive here, but the bulk

of the business is done by the larger offices, so it’s hard

to say if combining will be a trend. My reasoning [to

join the offices] was simple: Looking at the market

activity we need the skills the combined operation has to

be most effective. The marketing skills of (Atlantic East

co-owners) Penny (Dey) and Heidi (Drew) and the

internet presence of both offices is to our advantage.

Also, I respected the way they did business. It seemed

like a natural fit.”

It is a given that among Beaugrand’s list of changes

is the recent evidence that the real estate market, at least

on Nantucket, is rebounding. This is seen in a 43 percent

rise in sales comparing the 358 transactions in 2010 with

237 in 2009, along with a 47 percent jump in sales dol-

lar totals showing $689 million for 2010 against $434

million in 2009.

“That doesn’t mean prices will go up significantly,” he

was quick to say. “I see a very gradual movement in the

future. People are looking more to buy to have property

to enjoy rather than as an investment, and the greatest

change with that is having sellers realize that they must

sell at realistic prices. That has been a good thing because

it has created a fair market place in terms of both buyers

and sellers being educated about realistic values.”

The shifts Beaugrand has seen in the world of real

estate during his tenure reflect far more than rising and

falling prices and office volume. One of the major inno-

vations has been from paper to technology, he said, an

advancement that has increased the ability to share

information and diminish delays in that process. He fur-

ther stresses that trust between local agencies has

improved in the last 15 years and with it, an evolution of

professionalism Beaugrand terms “refreshing.” Finally,

and of great importance to him, Beaugrand appreciates

the growth in agent participation in community charita-

ble work.

“The time, energy and dedication to nonprofit causes

is remarkable, and very different than what I observed in

other places I have lived in the world,” he said. “The

people do it because they want to do it, not to put some-

thing on their resume. It is part of the caring in this com-

munity that is unique, in my experience.”

Beaugrand and his wife are no exception when it

comes to community giving. Beyond his enjoyment of

tennis, reading and spending time with friends,

Beaugrand is a Vice President and Trustee on the boards

of the Nantucket Historical Association and the

Nantucket Preservation Trust; he is a warden at St.

Paul’s Church; a member of The Rotary Club;

Chairman of the Community Preservation Committee;

and was recently elected to the Board of Governors of

The Westmoor Club. Gussie Beaugrand assists with

fundraising and is a board member of Palliative and

Supportive Care of Nantucket (formerly called Hospice

of Nantucket) and is on the board of the Nantucket

Community Music Center.

As he takes the reins of NAREB, Beaugrand looks

forward to leading a group he is proud to be part of.

Nevertheless, he has thoughts about how his role can

help improve the organization even more.

“I just want to make sure respect between members

continues and help foster the level of community partic-

ipation the members of NAREB have,” said Beaugrand.

“I want to continue to improve the level of technology

available to members and our clients, and through the

Property News, the Property Journal and the Yearbook,

present the most current, up-to-date listing of properties

available for sale on the island.”

Mary Lancaster moved to Nantucket 40 years ago afterspending several years as an advertising illustrator in NewYork City and Connecticut. Her 24-year journalism careerincludes work with the Inquirer & Mirror, The NantucketBeacon and The Nantucket Independent. She currently worksas a freelance writer.

Beaugrand, continued from page 1

phone: 508.257.6206off ice@west brookrealestate.com

Nantucket Sales and RentalsWestbrook Real Estate is a full service real estate office offering vacation rentals and property sales

in all areas of Nantucket. Our inventory of rental properties includes small and large beach

cottages, country properties, houses in Town and Sconset, and estate properties.

We are members of the Nantucket Association of Real Estate Brokers and can show any property

listed for sale on Nantucket and list properties for sale with the multi-listing service.

We offer Buyer and Seller Representation.

January 13, 2011 • Nantucket Property News • 13

Page 14: NAREB News January 13, 2011

Clark was shot down by German fighter planes

over Abbeville, France, in July 1942, and spent

nearly three years as a prisoner of war at Stalag

Luft III in what is now Poland, and was one of the

first Americans to be housed among British offi-

cers.

During the planning of the escape, which the

1963 film “The Great Escape” immortalized, Lt.

Col. Clark was dubbed “Big S” as head of tunnel

security. Although he helped move prisoners

through the three escape tunnels, codenamed Tom,

Dick and Harry, Lt. Col. Clark never got out, as

German prison guards spotted the 77th prisoner

emerging from a tunnel.

Stateside, the air force later promoted Clark to

Lieutenant General where, amidst various com-

mand postings, he purchased 16 Broadway in

’Sconset known as the Martin Box, the year “The

Great Escape” debuted. Clark’s 16-year ownership

of the Martin Box bears noting because of what the

current owner, Peter Krogh, found in the house

when he was moving in and, because of Krogh’s

coincidental profession.

“When you bought places like this, you bought

everything in it, right? General Clark was meticu-

lous,” Krogh said.

For Krogh, General Clark — who died in

March, 2010 at the age of 96 — left a written

inventory of the entire contents of the cottage and a

self-written history of the structure.

“He made the list of all the equipment in this

place. I mean, down to five paring knives, five

large carving knives, five plastic refrigerator or

freezer containers…six waste baskets, one fire

extinguisher, three bicycles…one beach jacket, one

step ladder, one 30-gallon garbage can, one baby

bicycle seat, one card table, one fishing pole, two

extra shower curtains, one framed map of old

’Sconset, one framed map of old Massachusetts, all

of the original furniture,” Krogh remarked.

Krogh moved into the Martin Box in turnkey

condition, using many of the General Clark’s for-

mer possessions. Five years later, he decided the

place needed a little work. At the time, Krogh was

the dean of students at Georgetown University’s

Edmund A. Walsh School of Foreign Service in

Washington, D.C. and was using the Martin Box as

a summer retreat.

Working full-time, he couldn’t manage a major

renovation long distance, so he hired island builder

Sam Hill in 1984 for a light shoring up job. Hill

beefed up the original fieldstone footings, level-

ing the building on them, replacing rotting sills

and re-shingling the cottage. After all, Krogh’s

summer digs had always been in more modern

rented houses along Squam Road with such stan-

dard accoutrements as heat and insulation. The

move to a rustic ’Sconset cottage was, then, a bit of

stretch for him.

Finding nothing in Squam he could afford in

1979, Krogh visited the Martin Box with Dick

Denby of Denby Real Estate.

“And he said, ‘well, why don’t you have a look

at a cottage in ’Sconset.’ I said ‘look, I’m not a vil-

lage guy, I’m a water’s edge guy,” Krogh said. “I’m

not really interested in village life, I want to be out

on the water’s edge. So he said, ‘come on in, have

a look.’ So, he took me in here, and I saw the

Martin Box and I said, ‘yeah, I’ll buy it.”

But the more time he spent there, the more

Krogh wanted a real home away from home. That

meant hiring an architect, in this case, Graham

Goldsmith, and a builder, Bill Obremski, to convert

the old whaling cottage into a solid, weather-tight

home.

“In these cottages, it’s a little like camping out

and as soon as it gets cold, you start living in the

fireplace. So at a certain point in time you want to

stop living like a boy scout and stop living in the

fireplace, and with greater comfort and warmth,

said Krogh.

Origins of the Martin Box, the naming of which

no one has a reason for, are sketchy. It is known as

one of the whaling station houses built first as fish-

ing shacks — this one in 1720 — as places of shel-

ter for those fishing the shoals east of Nantucket.

General Clark wrote that Obediah Folger

acquired the land, on which the house sits, by either

purchasing it from his father, Barzillai Folger, or

inheriting it at the time of his death in 1790.

NEWS REPORT

14 • Nantucket Property News • January 13, 2011

House Story, continued from page 1

Continued on next page

ROB BENCHLEY PHOTOS

Clockwise from above, left:The Martin Box and its unique weathervane, at 16 Broadway in ‘Sconset, as it looks today. Lieutenant Colonel Albert P. Clark,who for many summers owned and lived in the Martin Box.Two views of the modest cottage in 1905, and in 1910.

COURTESY OF THE NANTUCKET HISTORICAL ASSOCIATION

Page 15: NAREB News January 13, 2011

NEWS REPORT

December 30, 2010 • Nantucket Property News • 15

The current living room space with the fireplace,

10 feet tall at its peak, composed the original fish-

ing shack. The bedrooms, guest cottage, kitchen

space and covered porch were added at different

times throughout the property’s history.

Krogh’s palette for a year-round house was the

one-story whaling cottage that General Clark

described in his history as the original wort floor

plan in the front of the house, consisting of a small

living room with the tiny master bedroom suite, and

guest bedroom separated by a thin partition, both

behind a sliding door at the south end of this room.

At the north end, the original fireplace — onto

which Krogh said a brick façade was added in 1865

when a false ceiling was also installed over the liv-

ing room — and a den behind the chimney, with the

small kitchen in the next room. There was a bath-

room at the west end of the kitchen. West of the liv-

ing room was a dining area with another bedroom

beyond. Immediately north of the west bedroom

stood the guest cottage that Krogh had converted

into a tool shed attached to that side of the Martin

Box by a covered porch.

With the goal of keeping the original cottage

intact on the outside, but adding more living space

on the inside, Obremski jacked up the house and

dug a full basement deep enough for an eight-foot

ceiling. After pouring proper footings and a founda-

tion, he lowered the house down onto the founda-

tion. Joining the tool shed and a portion of the cov-

ered porch with the west bedroom allowed

Obremski to convert this part of the house into a

kitchen/family area. The living room grew, as

Krogh removed the bedrooms and the false ceiling.

The old kitchen north of the chimney became

Krogh’s study, and the bathroom, a small powder

room.

In the basement, Obremski built a master bed-

room suite, complete with full bathroom and a sep-

arate tiled shower. He also added a utility room and

a guest bedroom.

Although the final product eventually earned the

Martin Box praise — including a place in both the

Nantucket and Siasconset 2010 calendars — after

Obremski set the house down on its new founda-

tion, Krogh quickly ran afoul of his neighbors and

the Historic District Commission because the peak

of the roof was now roughly 16 inches higher than

it originally was.

According to Goldsmith, Obremski had to bring

the cottage up to that height — the foundation up

six inches because layers of sand, dirt and asphalt

had accumulated around the house over nearly

three centuries, rotting its sill and the lower rows

of shingles. And, another eight inches up to meet

Nantucket’s building code dictating a building’s

first floor be at least eight inches above grade.

The pressure-treated sill planks added another 1.5

inches.

While the actual height of the house did not

change, raising it out of the ground roughly 16

inches higher than approved by the HDC raised the

ire of the Siasconset Advisory Board and Krogh’s

neighbors. The finger-pointing began almost imme-

diately, with some claiming that Krogh was ruining

the most beautiful street in America. Enduring 18

HDC meetings, including his as-built application,

Krogh eventually prevailed.

Having retired at the end of June 2009 and now

spending mid-April through Christmas on

Nantucket and the rest of the year in New Zealand,

Krogh takes the long view.

“The way I look at it is people started living out

here in Teepees, then they started living in shacks,

and then they lived in cottages…(laughing)…and

now some of them are living in homes,” he said.

“And this is a home. That’s the way I look at it. And

also, frankly, I think we’re all part of history. We all

make our contributions to history and history is not

frozen — it moves on and we have put our signa-

ture on this place. We’re part of its’ evolution.

That’s the way I look at it.”

Peter B. Brace is a freelance writer who haslived on Nantucket for the last 15 years. The formerenvironmental, growth and development writer forthe Nantucket Independent and the NantucketBeacon, Brace, the author of “Walking Nantucket:A Walkers Guide to Exploring Nantucket on Foot,”is currently working on a natural history of theisland and his sequel to “Walking Nantucket.”

Continued from previous page

From left:A portion of the written inventory of the entire contents of the cottage left behind by Clark.After removing thefalse ceiling from the living room in the Martin Box and the two bedrooms, owner Peter Krogh had the non-structuralbeams put in, which his wife, Carol stained with a worn-looking patina.These beam appear throughout the first floor.

Joined with the tool shed to the north and part of a covered porch, the new kitchen in the Martin Box is expansive and includes a fireplace with a cherry facade.

PETER B BRACE PHOTOS

Map from “Early Nantucketand its Whale Houses,”

Forman, Henry Chandlee,1904-1991. New York,

Hastings House [1966].It shows the Martin Box

(See red star �) on Broadway, between

The Maples and Driftwood.

Page 16: NAREB News January 13, 2011

16 • Nantucket Property News • January 13, 2011

AERE . . . . . . . .Atlantic East Real Estate BAMB . . . . . . . .Bamber Real Estate BOYC . . . . . . . .Boyce Realty BWRE . . . . . . . .Bennett Witte Real Estate BLUE . . . . . . . .Bluewater Real Estate CHAT . . . . . . . .Chatfield Taylor COFF . . . . . . . .Coffin Real Estate

COMP . . . . . . . .Compass Rose Real EstateCONG . . . . . . . .Congdon & Coleman Real EstateCSAA . . . . . . . .Cooper Shepherd Associates CVIL . . . . . . . . .Country Village Real EstateDELK . . . . . . . .Delker Real Estate DENB . . . . . . . .Denby Real Estate FGHD . . . . . . . .Figurehead Realty FRAZ . . . . . . . . .J Pepper Frazier Company GTPT . . . . . . . .Great Point Properties ISLP . . . . . . . . . .Island Properties

ISLW . . . . . . . . .Islandwide Realty JLEE . . . . . . . . .Jeff Lee Real EstateJORD . . . . . . . . .Jordan & AssociatesKILL . . . . . . . . .Killen Real EstateLVST . . . . . . . . .LandvestMCDL . . . . . . . .McDonald Real EstateMACH . . . . . . . . .Vaughan Machado Real EstateMAUR . . . . . . .The Maury People/Sotheby’s Intl.NREC . . . . . . . .Nantucket Real EstateOSPR . . . . . . . . .Osprey Real Estate

PREF . . . . . . . . .Preferred Properties PROB . . . . . . . .Pro Buyer Associates ROYA . . . . . . . .Royal ColleySCST . . . . . . . . .Sconset Real EstateSEIT . . . . . . . . .Seitz Real EstateTRSE . . . . . . . . .Tea Rose RealtyWEBS . . . . . . . .Webster Real EstateWEST . . . . . . . .Westbrook Real EstateWWRE . . . . . . .Windwalker Real EstateWLCH . . . . . . .Welch & Associates Inc. RG

KEY TO LISTING OFFICES

SF . . . . . . . . . . . .Single FamilyMF . . . . . . . . . . .Multi Family

Land . . . . . . . . . .LandCondo . . . . . . . .Condo

Com . . . . . . . . . .CommercialCo-op . . . . . . . . .Co-opKEY TO PROPERTY TYPE

L I N KNantucket

$1,995,000 Miacomet Rd 0/0.5 1.80 SF MAUR

Mid Island$240,000 Backus Ln 0/0 0.26 Land MAUR$240,000 Backus Ln; 0/0 0.33 Land MAUR$245,000 Pine Crest Dr 0/0 0.14 Land MAUR$275,000 Bartlett Rd 0/0 0.23 Land BAMB$295,000 Essex Rd - Left 0/0.5 0.12 Condo MAUR$295,000 Essex Rd - Right 0/0.5 0.12 Condo MAUR$315,000 Macys Ln 0/0 0.13 Land JLEE$325,000 Cow Pond Ln 0/0 0.18 Condo COFF$375,000 Essex Rd 0/0 0.00 Condo CSAA$395,000 Amelia Dr 0/0.5 0.00 Condo COFF$399,000 Sun Island Rd 0/0 0.00 Condo CONG$399,000 Park Circle 0/0.5 0.00 Condo KILL$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$425,000 Arrowhead Dr 0/0 0.12 Land CONG$440,000 Park Circle 0/0.5 0.00 Condo GTPT$455,000 Park Circle 0/0.5 0.00 Condo COFF$460,000 Hinsdale Rd 0/0.5 0.06 Condo WWRE$469,000 Nobska Way 0/0 0.12 SF CVIL$475,000 Amelia Dr 0/0.5 0.00 Com KILL$479,000 Ticcoma Way 0/0 1.00 Land BAMB

Madequecham$850,000 Russell St 0/0 0.58 Land BAMB$1,275,000 Wigwam Rd 0/0.5 1.16 SF CSAA$1,895,000 Mad. Valley Rd 0/0.5 1.38 SF MAUR$1,895,000 Mad. Valley Rd 0/0.5 1.70 SF JLEE$2,295,000 Mad. Valley Rd 0/0.5 0.69 SF MAUR$2,650,000 Wigwam Rd 0/1 1.16 SF CVIL$2,695,000 Mad. Valley Rd 0/0 1.17 SF MAUR$3,900,000 New South Rd 0/0 20.81 SF KILL$4,900,000 Mad. Valley Rd 0/0.5 2.93 SF MAUR

Miacomet$407,000 Mikes Dr 0/0 0.46 Land GTPT$429,000 Miacomet Ave 0/0 0.11 SF COFF$435,000 Somerset Ln 0/0 0.46 Land GTPT$511,000 Somerset Rd 0/0 0.45 Land CSAA$511,000 Sommerset Rd 0/0 0.45 Land CVIL$539,000 Reacher Ln 0/0.5 0.50 SF MAUR$575,000 Miacomet Ave 0/0 0.16 SF COFF$630,000 Valley View Dr 0/0 0.17 SF MAUR$695,000 Helens Dr 0/0 0.32 SF CVIL$799,000 Catherine Ln 0/0.5 0.71 SF MAUR$950,000 Somerset Rd 0/0.5 0.45 SF COFF$999,500 Sleepy Hollow 0/1 0.29 Condo MAUR$999,999 Miacomet Ave 0/0 0.32 SF COFF$1,150,000 Bartlett Rd 0/0 0.70 MF AERE$1,195,000 Appleton Rd 0/0 2.00 SF MAUR$1,399,000 Windy Way 0/0.5 0.00 Com MAUR

$489,000 Old South Rd 0/0 0.33 Com JORD$489,000 Old South Rd 0/0 0.33 SF JORD$495,000 Perry Ln 0/0 0.23 Land KILL$495,000 Friendship Ln 0/0 0.46 Land CONG$495,000 Friendship Ln 0/0 0.46 Land AERE$499,000 Backus Ln 0/0 0.26 SF MAUR$540,000 Teasdale Circle 0/0.5 0.00 Condo WWRE$550,000 Macys Ln 0/0.5 0.19 SF ISLP$559,000 Essex Rd 0/0 0.19 SF FRAZ$569,000 Dennis Dr 0/0.5 0.23 SF MAUR$585,000 Hinsdale Rd 0/0 0.00 Condo COMP$595,000 Hooper Farm Rd 0/0 0.25 SF CONG$595,000 Macys Ln 0/0 0.17 SF GTPT$599,000 Hooper Farm Rd 0/0 0.24 SF CVIL$650,000 Daffodil Ln 0/0.5 0.47 Co-Op JORD$655,000 Essex Rd 0/0.5 0.20 SF COFF$660,000 Bartlett Rd 0/0 0.25 Condo MAUR$665,000 Pine Tree Rd 0/0 0.20 SF COMP$699,000 Gray Ave 0/0.5 0.67 SF MAUR$699,000 Waydale Rd 0/1 0.28 SF JORD$700,000 Celtic Dr 0/1 0.22 MF COFF$707,000 Friendship Ln 0/0 0.49 MF ISLP$729,000 Surfside Rd 0/0 0.44 SF BAMB$739,000 Surfside Rd 0/0 0.46 MF JORD$739,000 Friendship Ln 0/0.5 0.46 SF JORD$775,000 Teasdale Circle 0/0 0.31 MF FRAZ

AreaBed/ Lot Listing

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AreaBed/ Lot Listing

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AreaBed/ Lot Listing

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Continued on page 17

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Page 17: NAREB News January 13, 2011

January 13, 2011 • Nantucket Property News • 17

L I N KNantucket

Monomoy$999,000 Brewster Rd 0/0 2.86 Land FRAZ$1,695,000 Brewster Rd 0/0 1.37 SF MAUR$2,650,000 Brewster Rd 0/0.5 0.99 SF ISLP$3,895,000 Monomoy Rd 0/0.5 0.15 SF CONG$5,995,000 Monomoy Rd 0/0.5 1.84 SF GTPT$5,995,000 Monomoy Rd 0/0.5 1.75 SF KILL$7,900,000 Salt Marsh Rd 0/0 5.06 SF KILL

Nashaquisset$699,000 Autopscot Circle 0/0 0.00 Co-Op JORD$790,000 Mamack Ln 0/0 0.00 Co-Op AERE$875,000 Washaman Ave 0/0.5 0.00 SF WLCH

Naushop$395,000 Goldfinch Dr 0/0 0.13 Land JORD$395,000 Goldfinch Dr 0/0 0.13 Land CSAA$425,000 Goldfinch Dr 0/0 0.12 Land CONG$450,000 Goldfinch Dr 0/0 0.14 Land CONG$450,000 Goldfinch Dr 0/0 0.15 Land CONG$450,000 Goldfinch Dr 0/0 0.11 Land CONG$495,000 Bluebird Ln 0/0 0.13 Land CONG$665,000 Goldfinch Dr 0/0.5 0.16 SF CONG$699,000 Dovekie Court 0/0 0.12 SF CONG$795,000 Goldfinch Dr 0/0.5 0.15 SF AERE$799,000 Goldfinch Dr 0/0.5 0.14 SF JORD$829,000 Goldfinch Dr 0/0.5 0.13 SF MAUR$890,000 Goldfinch Dr 0/0 0.13 SF CSAA

$795,000 U Tawpawshaw 0/0 0.37 Land CONG$795,000 Luff Rd 0/0 0.34 SF AERE$799,000 Salros Rd 0/0 0.23 Com CSAA$799,000 Halyard Ln 0/0 0.35 SF WWRE$800,000 Ticcoma Way 0/0 1.50 Land BAMB$800,000 Old South Rd 0/0 0.11 Com COFF$829,000 Old South Rd 0/0.5 0.92 Condo GTPT$850,000 Surfside Rd 0/0 0.23 MF CSAA$895,000 Cato Ln 0/1 0.23 MF BAMB$895,000 Pine Crest Dr 0/0.5 1.29 SF MAUR$899,000 Rudder Ln 0/0.5 0.40 SF BAMB$899,000 Rudder Ln 0/0.5 0.40 SF CSAA$925,000 Hinsdale Rd 0/0.5 0.11 MF COMP$925,000 Witherspoon Dr 0/0.5 0.13 SF MAUR$995,000 Old South Rd 0/0 0.18 Com KILL$998,000 Fairgrounds Rd 0/0 0.54 SF AERE$1,050,000 Arrowhead Dr 0/0.5 0.14 Com KILL$1,150,000 Pine Crest Dr 0/0.5 1.10 SF GTPT$1,200,000 Ticcoma Way 0/0 2.50 Land BAMB$1,285,000 Meadow View Dr 0/0.5 0.46 SF COFF$1,295,000 Chins Way 0/0 0.13 Com CONG$1,300,000 Sparks Ave 0/0.5 0.22 Com MAUR$1,475,000 Arrowhead Dr 0/0.5 0.40 Com KILL$1,695,000 Sheep Commons 0/0 0.80 SF CONG$1,895,000 Sheep Commons 0/0.5 0.62 SF WWRE$1,995,000 Milestone Crossing 0/0.5 2.76 SF JORD

$915,000 Killdeer Ln 0/0.5 0.12 SF COMP$989,000 Curlew Court 0/0.5 0.13 SF AERE$995,000 Kittiwake Ln 0/1 0.11 SF CONG$1,150,000 Goldfinch Dr 0/0.5 0.11 SF CONG$1,245,000 Goldfinch Dr 0/0.5 0.15 SF WWRE$1,450,000 Goldfinch Dr 0/0.5 0.22 SF CONG$1,495,000 Goldfinch Dr 0/0.5 0.12 SF JORD

Pocomo$2,300,000 Wauwinet Rd 0/0.5 3.00 SF CONG$2,990,000 Pocomo Rd 0/0 3.93 SF AERE$3,295,000 Village Way 0/0.5 0.29 SF ISLP$3,995,000 Pocomo Rd 0/0 4.06 SF WWRE$4,400,000 Lauretta 0/0.5 1.76 SF KILL

Polpis$1,350,000 Polpis Rd 0/0 1.00 SF COFF$1,550,000 North Pasture Ln 0/0 0.95 Land CONG$3,695,000 Almanack Pond 0/0 3.99 SF GTPT$4,989,000 Polpis Rd 0/1 2.95 SF MAUR$12,500,000 Polpis Rd 0/1 10.00 SF MAUR

Quaise$899,000 Bassett Rd 0/0 0.99 SF FRAZ$3,500,000 Quaise Pastures 0/0 4.42 Land GTPT$3,500,000 Quaise Pastures 0/0 4.42 SF GTPT

AreaBed/ Lot Listing

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AreaBed/ Lot Listing

Price Street Bath Size Type Office

AreaBed/ Lot Listing

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Continued on page 18

Gary WinnDonna Barnett

Nantucket Harbor Private Estate

Page 18: NAREB News January 13, 2011

18 • Nantucket Property News • January 13, 2011

AERE . . . . . . . .Atlantic East Real Estate BAMB . . . . . . . .Bamber Real Estate BOYC . . . . . . . .Boyce Realty BWRE . . . . . . . .Bennett Witte Real Estate BLUE . . . . . . . .Bluewater Real Estate CHAT . . . . . . . .Chatfield Taylor COFF . . . . . . . .Coffin Real Estate

COMP . . . . . . . .Compass Rose Real EstateCONG . . . . . . . .Congdon & Coleman Real EstateCSAA . . . . . . . .Cooper Shepherd Associates CVIL . . . . . . . . .Country Village Real EstateDELK . . . . . . . .Delker Real Estate DENB . . . . . . . .Denby Real Estate FGHD . . . . . . . .Figurehead Realty FRAZ . . . . . . . . .J Pepper Frazier Company GTPT . . . . . . . .Great Point Properties ISLP . . . . . . . . . .Island Properties

ISLW . . . . . . . . .Islandwide Realty JLEE . . . . . . . . .Jeff Lee Real EstateJORD . . . . . . . . .Jordan & AssociatesKILL . . . . . . . . .Killen Real EstateLVST . . . . . . . . .LandvestMCDL . . . . . . . .McDonald Real EstateMACH . . . . . . . . .Vaughan Machado Real EstateMAUR . . . . . . .The Maury People/Sotheby’s Intl.NREC . . . . . . . .Nantucket Real EstateOSPR . . . . . . . . .Osprey Real Estate

PREF . . . . . . . . .Preferred Properties PROB . . . . . . . .Pro Buyer Associates ROYA . . . . . . . .Royal ColleySCST . . . . . . . . .Sconset Real EstateSEIT . . . . . . . . .Seitz Real EstateTRSE . . . . . . . . .Tea Rose RealtyWEBS . . . . . . . .Webster Real EstateWEST . . . . . . . .Westbrook Real EstateWWRE . . . . . . .Windwalker Real EstateWLCH . . . . . . .Welch & Associates Inc. RG

KEY TO LISTING OFFICES

SF . . . . . . . . . . . .Single FamilyMF . . . . . . . . . . .Multi Family

Land . . . . . . . . . .LandCondo . . . . . . . .Condo

Com . . . . . . . . . .CommercialCo-op . . . . . . . . .Co-opKEY TO PROPERTY TYPE

L I N KNantucket

$2,795,000 Black Fish Ln 0/0.5 0.46 SF FRAZ$2,825,000 Black Fish Ln 0/0.5 0.47 SF FRAZ$2,895,000 Ocean Ave 0/0 0.09 SF KILL$2,950,000 Baxter Rd 0/0 0.52 SF CHAT$2,995,000 Jennifer Ln 0/0.5 0.24 SF KILL$3,000,000 Milestone Rd 0/0 2.82 Land BAMB$3,650,000 Stone Post Way 0/1 0.50 SF COFF$3,750,000 Low Beach Rd 0/1 0.49 SF JLEE$3,795,000 Annes Ln 0/0.5 0.48 SF JLEE$4,100,000 Morey Ln 0/0.5 0.76 SF MAUR$4,275,000 Burnell St 0/1 0.00 SF FRAZ$4,700,000 Bunker Hill 0/0 0.59 SF CONG$13,995,000 Low Beach Rd 0/0 7.07 SF MAUR

Shawkemo$1,895,000 Polpis Rd 0/0 3.32 Land MAUR$2,800,000 Shawkemo Rd 0/0 2.80 Land MAUR$5,900,000 Shawkemo Hills 0/0.5 2.77 SF MAUR$10,800,000 Shawkemo Hills 0/1.5 2.38 SF MAUR

Shimmo$3,395,000 South Valley Rd 0/0 1.60 SF MAUR$4,995,000 Brewster Rd 0/0 1.89 SF PREF

South of Town$599,000 Hooper Farm Rd 0/0.5 0.47 SF COMP$725,000 Tashama Ln 0/0 0.17 SF AERE$759,000 Larrabee Ln 0/1 0.23 MF KILL$925,000 Lewis Court 0/0 0.34 SF FRAZ

Quidnet$940,000 Brier Patch Rd 0/0 1.01 Land MAUR$1,695,000 Sesachacha Rd 0/0.5 0.14 SF AERE$2,749,000 Quidnet Rd 0/0 0.25 SF MAUR$3,395,000 Quidnet Rd 0/0.5 2.76 SF CONG$3,495,000 Quidnet Rd 0/0 3.60 Land MAUR

Sconset$589,900 Comeau Ln 0/0 0.26 Land AERE$695,000 Hydrangea Ln 0/0 0.11 Land MAUR$795,000 Bank St 0/0 0.05 SF CVIL$795,000 Bank St 0/0 0.05 SF JLEE$795,000 Hydrangea Ln 0/0 0.12 Land MAUR$795,000 Baxter Rd 0/0 0.52 SF MAUR$795,000 Hydrangea Ln 0/0 0.12 Land MAUR$795,000 Hydrangea Ln 0/0 0.12 Land MAUR$980,000 West Sankaty Rd 0/0 0.18 SF COFF$995,000 Bank St 0/0 0.13 SF COFF$1,150,000 Bank St 0/0 0.05 SF MAUR$1,150,000 Sconset Ave 0/0 0.21 SF DELK$1,295,000 Plainfield 0/0 1.50 Land CONG$1,395,000 Baxter Rd 0/0 0.24 SF MAUR$1,595,000 Sankaty Rd 0/0 0.62 SF COFF$1,795,000 Shell St 0/0.5 0.15 SF MAUR$1,995,000 Morey Ln 0/0 0.23 SF FRAZ$1,995,000 Coffin St 0/0.5 0.13 SF WWRE$2,395,000 Main St 0/0 0.88 SF MAUR$2,675,000 Cannonbury Ln 0/0 0.46 SF COFF

Squam$1,695,000 Squam Rd 0/0 0.92 Land GTPT$7,950,000 Squam Rd 0/0 10.95 Land WWRE$19,900,000 Squam Rd 0/1.5 2.40 SF GTPT

Surfside$545,000 Surfside Rd 0/0.5 0.13 SF FRAZ$599,000 Folger Ave 0/0 0.14 SF COMP$699,900 Surfside Rd 0/0 0.18 SF BWRE$790,000 Daffodil Ln 0/0 0.48 SF MAUR$799,000 Maclean Ln 0/0 0.18 SF GTPT$825,000 Daffodil Ln 0/0.5 1.84 SF AERE$825,000 Surfside Rd 0/0.5 0.30 SF KILL$895,000 Weweeder Ave 0/0 1.15 Land BAMB$995,000 Surfside Rd 0/0 1.25 Land WEBS$995,000 Boulevarde 0/0 0.68 Land BAMB$1,300,000 Woodbine St 0/0 1.15 Land FRAZ$1,395,000 Lovers Ln 0/0.5 0.23 SF COMP$1,395,000 Skyline Dr 0/0.5 1.84 SF AERE$1,475,000 Pochick Ave 0/0.5 1.26 SF MAUR$1,550,000 Field Ave 0/1 1.01 SF GTPT$1,995,000 Pochick Ave 0/0.5 1.00 SF MAUR$2,495,000 Surfside Rd 0/0 1.00 SF COMP$2,500,000 Skyline Dr 0/1 3.28 SF BWRE$3,100,000 Okorwaw Ave 0/0.5 2.96 SF MAUR$3,695,000 Nonantum Ave 0/1 0.69 SF FRAZ

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AreaBed/ Lot Listing

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AreaBed/ Lot Listing

Price Street Bath Size Type Office

Continued on page 19

Eight Federal Street • Nantucket, MA 02554 • 508.228.4449

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

Town$3,900,000

6 Bedrooms, 3.5 Baths

Town$2,495,000

5 Bedrooms, 3.5 bath MainHouse, plus 2 bedroom, 1 fulland 2 half bath Guest House

Town$1,795,000

5 Bedrooms, 4.5 Baths

Page 19: NAREB News January 13, 2011

January 13, 2011 • Nantucket Property News • 19

L I N KNantucket

Tom Nevers$789,000 Clarendon St 0/0 0.18 SF WWRE$895,000 Berkley St 0/0.5 0.23 SF MAUR$950,000 Flintlock Rd 0/0 1.20 Land COFF$995,000 Wrights Landing 0/0 0.46 Land JORD$999,000 Whitetail Circle 0/0 2.75 Land CONG$1,175,000 Jonathan Way 0/0.5 1.18 SF COFF$1,295,000 Marcus Way 0/0 2.99 SF CONG$1,375,000 Exeter St 0/0 3.08 SF COFF$1,475,000 Longwood Dr 0/0 2.75 SF FRAZ$1,495,000 Nichols Rd 0/0.5 0.33 SF MAUR$1,495,000 Chuck Hollow 0/0.5 2.77 SF WWRE$1,795,000 Longwood Dr 0/0.5 2.75 SF CONG$2,895,000 Wanoma Way 0/0 0.22 SF GTPT$2,900,000 Wanoma Way 0/0 0.40 SF COFF$3,795,000 Lyford Rd 0/0.5 0.24 SF MAUR

Town$299,000 Washington St 0/0 0.00 Condo CVIL$329,000 Washington St 0/0 0.10 Condo CVIL$398,000 Cherry St 0/0 0.14 SF CVIL$475,000 Jefferson Ln 0/0 0.00 Condo CONG$475,000 Jefferson Ln 0/0 0.00 Condo CONG$475,000 Union St 0/0 0.12 Condo ISLP$495,000 Orange St 0/0 0.00 Condo CVIL$525,000 Union St 0/0 0.12 Condo ISLP$585,000 Center St 0/0 0.00 Condo KILL$625,000 Joy St 0/0 0.11 SF CONG$625,000 Joy St 0/0 0.07 SF MAUR$640,000 Orange St 0/0 0.00 Condo CSAA$675,000 West York Ln 0/1 0.12 MF GTPT$675,000 Orange St 0/0.5 0.00 Condo COFF$695,000 Warren St 0/0 0.05 SF JLEE$695,000 Main St 0/0 0.06 SF KILL$695,000 New Ln 0/0 0.11 Land MAUR$745,000 Orange St 0/0 0.05 SF WWRE$749,000 Cherry St 0/0 0.14 SF FRAZ$750,000 Orange St 0/0 0.12 Land COFF$795,000 Madaket Rd 0/0 0.46 Land JORD$799,000 Gardner Perry Ln 0/0.5 0.13 SF CSAA$825,000 Spruce St 0/0 0.08 SF MAUR$835,000 Union St 0/0 0.14 Condo MAUR$875,000 Union St 0/0.5 0.16 SF CVIL$925,000 Back St 0/0 0.10 SF GTPT$950,000 Union St 0/0 0.14 Condo MAUR$975,000 Washington St 0/0.5 0.00 Condo MAUR$979,000 Prospect St 0/0 0.19 SF CSAA$998,000 Union St 0/0 0.12 MF ISLP$1,050,000 Hussey St 0/0 0.03 MF ISLP$1,050,000 Hussey St 0/0 0.03 SF AERE$1,095,000 York St 0/0 0.13 SF GTPT$1,100,000 Mill St 0/0.5 0.10 SF JORD$1,150,000 Francis St 0/0 0.12 SF CSAA$1,150,000 Gardners Court 0/0 0.00 Condo MAUR$1,150,000 Pine St 0/0 0.07 SF WWRE$1,195,000 Orange St 0/0 0.07 SF MAUR$1,199,000 Washington St 0/0.5 0.05 Com BWRE$1,245,000 Union St 0/0.5 0.13 SF ISLP$1,250,000 New Ln 0/0 0.14 SF WWRE$1,250,000 Main St 0/0 0.09 SF COFF$1,275,000 Orange St 0/0.5 0.30 SF MAUR$1,275,000 Main St 0/0 0.11 SF MAUR$1,295,000 Union St 0/0.5 0.05 SF AERE$1,295,000 Main St 0/0 0.14 SF FRAZ$1,295,000 Eagle Ln 0/0.5 0.06 SF CONG$1,295,000 Vestal St 0/0.5 0.15 SF GTPT$1,295,000 Back St 0/0.5 0.12 SF GTPT$1,295,000 Union St 0/0.5 0.17 SF CHAT$1,299,000 Beaver St 0/0 0.00 SF COFF$1,300,000 Milk St 0/0 0.06 SF KILL$1,350,000 Eagle Ln 0/0 0.09 SF COFF$1,375,000 New St 0/0 0.18 SF CONG$1,395,000 Fair St 0/0 0.08 SF COMP$1,399,000 North Liberty St 0/0 0.27 SF CVIL$1,399,000 New St 0/0.5 0.14 SF CSAA$1,400,000 Dukes Rd 0/0 0.50 SF COFF$1,450,000 Quince St 0/0.5 0.06 SF GTPT$1,450,000 Angola St 0/0 0.14 Land MAUR$1,495,000 Washington St 0/0.5 0.12 SF MAUR$1,500,000 Pleasant St 0/0.5 0.06 SF WWRE$1,500,000 Center St 0/0.5 0.00 Com COFF$1,595,000 West Chester St 0/0.5 0.00 Condo COFF$1,595,000 Union St 0/0.5 0.09 SF CONG$1,600,000 Jefferson Ln 0/0.5 0.05 SF BOYC$1,695,000 Warren St 0/0 0.00 Condo CSAA

AreaBed/ Lot Listing

Price Street Bath Size Type Office

Continued on page 22

Newly renovated, 3 bedrooms, 3.5 baths.HDC plans for 4th bedroom.

$$22,,779955,,000000

11882211 FFeeddeerraall--SSttyyllee IInn TToowwnn

DDaannaa && DDaavviidd BBooyyccee,, licensed brokersJJaammiiee FFeeeelleeyy, sales associate

550088..225577..66996622 wwwwww..bbooyycceerreeaallttyynnaannttuucckkeett..ccoomm

4 bedroom house, 2 bedroom cottage, with deep yard. Fully furnished.

$$22,,335500,,000000

TToomm NNeevveerrss WWaatteerrffrroonntt

Very comfortable well-built house in town with good finished details. 3 bedrooms, 3.5 baths.

$$11,,660000,,000000

TTuucckkeedd AAwwaayy oonn JJeeffffeerrssoonn

Page 20: NAREB News January 13, 2011

19 Centre StreetNantucket, MA 02554

508.228.3202www.jpfco.com

Tom Nevers East$1,475,000

The house has southwestexposure with views of conservation land,

Sankaty Head Lighthouse,Nantucket Golf Club,and the distant ocean.

Meticulously maintained and newly renovated.

Property features include yellow pine floors, oak

beams, great privacy, a fivebedroom septic, and ample

room for expansion or a second dwelling.

A comfortable, light filledhome ready to enjoy for many summers

or year round living.Located on 2.75 acres.

Jeff Lee, Carolyn Durand, Jane King, Jane Miller, Meg Ruley, Jenny Goldberg, Kelly Knight, Bob Lang, Era Sylvia, & Lindsley Mathews Royster

Page 21: NAREB News January 13, 2011

Well maintained three bedroom, two bath Naushop homewith an excellent rental history. Located on a quiet cul-de-sacwhile convenient to the Naushop swimming pools, tenniscourts, playground and clubhouse.

“Pearl By The Sea”. Close to town but feels very private.Take a short bike ride to town from this five bedroom, three bath expanded Cape located just off Cliff Road in a quiet tucked-away residential area. Spacious living areas, nicely landscaped front and back yard set behind mature plantings.

Three bedroom, three bath architect designed and Arts & Craftsinspired home in Tom Nevers. Finished basement can be easilyconverted to separate apartment. Seller can provide plans forlow cost addition of fourth bedroom. Lots of built-ins, must seeto appreciate custom details.

“Fair Isle.” In the heart of the Historic District, this distinctivelandmark property is situated on an oversized lot. Numerousperiod details enhance this five bedroom, three and a half bathhome.Ample living areas along with a spacious private yardmake this an in-town “jewel.”

TOWN26 Fair Street Single FamilyList price: $2,495,000

Bedrooms: 5Baths: 3.5Lot size: 0.22 acresListing office:Jordan Real Estate

TOWN132R Main Street

Single FamilyList price: $695,000

Bedrooms: 2Baths: 2

Lot size: 0.06 acresListing office:

Killen Real Estate

Great Pied-a-terre tucked away on Main Street.

Ready for updating.Off street parking

TOM NEVERS14 1/2 Clarendon StreetSingle FamilyList price: $789,000

Bedrooms: 3Baths: 3Lot size: 0.18 acresListing office:Windwalker Real Estate

NAUSHOP4 Dovekie CourtSingle FamilyList price: $699,000

Bedrooms: 3Baths: 2Lot size: 0.12 acresListing office: Congdon &Coleman Real Estate

CLIFF20 Derrymore LaneSingle FamilyList price: $1,295,000

Bedrooms: 5Baths: 3Lot size: 0.20 acresListing office:Country Village Real Estate

5 Great Values

PRO

PERT

IES

5 Great ValuesTODAY!

January 13, 2011 • Nantucket Property News • 21

Page 22: NAREB News January 13, 2011

22 • Nantucket Property News • January 13, 2011

AERE . . . . . . . .Atlantic East Real Estate BAMB . . . . . . . .Bamber Real Estate BOYC . . . . . . . .Boyce Realty BWRE . . . . . . . .Bennett Witte Real Estate BLUE . . . . . . . .Bluewater Real Estate CHAT . . . . . . . .Chatfield Taylor COFF . . . . . . . .Coffin Real Estate

COMP . . . . . . . .Compass Rose Real EstateCONG . . . . . . . .Congdon & Coleman Real EstateCSAA . . . . . . . .Cooper Shepherd Associates CVIL . . . . . . . . .Country Village Real EstateDELK . . . . . . . .Delker Real Estate DENB . . . . . . . .Denby Real Estate FGHD . . . . . . . .Figurehead Realty FRAZ . . . . . . . . .J Pepper Frazier Company GTPT . . . . . . . .Great Point Properties ISLP . . . . . . . . . .Island Properties

ISLW . . . . . . . . .Islandwide Realty JLEE . . . . . . . . .Jeff Lee Real EstateJORD . . . . . . . . .Jordan & AssociatesKILL . . . . . . . . .Killen Real EstateLVST . . . . . . . . .LandvestMCDL . . . . . . . .McDonald Real EstateMACH . . . . . . . . .Vaughan Machado Real EstateMAUR . . . . . . .The Maury People/Sotheby’s Intl.NREC . . . . . . . .Nantucket Real EstateOSPR . . . . . . . . .Osprey Real Estate

PREF . . . . . . . . .Preferred Properties PROB . . . . . . . .Pro Buyer Associates ROYA . . . . . . . .Royal ColleySCST . . . . . . . . .Sconset Real EstateSEIT . . . . . . . . .Seitz Real EstateTRSE . . . . . . . . .Tea Rose RealtyWEBS . . . . . . . .Webster Real EstateWEST . . . . . . . .Westbrook Real EstateWWRE . . . . . . .Windwalker Real EstateWLCH . . . . . . .Welch & Associates Inc. RG

KEY TO LISTING OFFICES

SF . . . . . . . . . . . .Single FamilyMF . . . . . . . . . . .Multi Family

Land . . . . . . . . . .LandCondo . . . . . . . .Condo

Com . . . . . . . . . .CommercialCo-op . . . . . . . . .Co-opKEY TO PROPERTY TYPE

L I N KNantucket

$2,975,000 Lily St 0/0.5 0.12 SF MAUR$2,975,000 Candle House Ln 0/1 0.14 SF MAUR$2,995,000 Rays Court 0/0.5 0.21 SF JLEE$3,200,000 West Chester St 0/1 0.14 SF WWRE$3,250,000 Straight Wharf 0/0 0.14 Condo MAUR$3,250,000 Woodbury Ln 0/0.5 0.24 SF MAUR$3,250,000 North Water St 0/0 0.16 SF GTPT$3,250,000 North Water St 0/0 0.16 Com GTPT$3,275,000 Milk St 0/0.5 0.22 SF WWRE$3,295,000 Pine St 0/0.5 0.12 SF MAUR$3,450,000 Easy St 0/1 0.10 Com KILL$3,475,000 India St 0/0.5 0.06 SF MAUR$3,500,000 Center St 0/0.5 0.23 SF JORD$3,500,000 Center St 0/0.5 0.23 Com JORD$3,795,000 Madaket Rd 0/1 0.51 SF JORD$3,850,000 Orange St 0/0.5 0.15 SF CSAA$3,875,000 Orange St 0/0.5 0.12 SF MAUR$4,465,000 Orange St 0/0.5 0.14 SF MAUR$4,995,000 Straight Wharf 0/1.5 0.07 Com WWRE$7,495,000 Main St 0/1 0.15 SF CONG

Wauwinet$1,895,000 Wauwinet Rd 0/0 3.29 SF COFF$1,900,000 Eat Fire Spring 0/0 3.25 Land MAUR$2,295,000 Wauwinet Rd 0/0.5 1.50 SF MAUR$2,300,000 Wauwinet Rd 0/0 3.00 SF JLEE

$1,695,000 Pine St 0/0.5 0.12 SF CHAT$1,785,000 Union St 0/0 0.00 Condo MAUR$1,795,000 Main St 0/0.5 0.12 SF ISLP$1,795,000 Main St 0/0.5 0.12 SF JORD$1,995,000 Candle House Ln 0/0 0.12 SF CONG$1,995,000 Pine St 0/0 0.12 SF CONG$1,995,000 Pine St 0/0 0.08 SF COFF$1,995,000 New Ln 0/0.5 0.16 SF MAUR$2,150,000 Washington St 0/0.5 0.11 Com WWRE$2,185,000 Fayette St 0/0 0.16 SF CVIL$2,250,000 Copper Ln 0/0.5 0.16 SF GTPT$2,295,000 Center St 0/0.5 0.00 Com FRAZ$2,450,000 York St 0/1 0.18 SF MAUR$2,465,000 Meadow Ln 0/0 0.67 SF GTPT$2,495,000 Fair St 0/0.5 0.22 SF JORD$2,575,000 Copper Ln 0/0 0.14 SF JORD$2,575,000 Barnabus Ln 0/0 0.15 SF MAUR$2,595,000 Woodbury Ln 0/0.5 0.20 SF GTPT$2,595,000 Angola St 0/0.5 0.14 SF MAUR$2,600,000 West Chester St 0/0.5 0.16 SF GTPT$2,675,000 West Chester St 0/0 0.23 SF MAUR$2,750,000 Pleasant St 0/0.5 0.13 MF MAUR$2,850,000 Copper Ln 0/0 0.13 SF GTPT$2,850,000 Union St 0/0.5 0.12 SF AERE$2,850,000 Washington St 0/0 0.29 SF FRAZ

$2,475,000 Eat Fire Spring 0/0 2.88 SF MAUR$2,495,000 Wauwinet Rd 0/0 2.85 SF JORD$2,850,000 Wauwinet Rd 0/0.5 3.50 SF COMP$2,900,000 Wauwinet Rd 0/0 3.28 SF COFF$2,995,000 Wauwinet Rd 0/0.5 3.21 SF CONG$12,000,000 Medouie Creek 0/0 31.60 Land WWRE$12,900,000 Wauwinet Rd 0/0.5 2.50 SF MAUR

West of Town$519,000 Friendship Ln 0/0 0.54 SF AERE$650,000 Cow Pond Ln 0/0 0.34 MF COFF$656,000 Dukes Rd 0/0 0.46 Land COMP$679,000 Equator Dr 0/0 0.46 SF AERE$725,000 Tashama Ln 0/0 0.27 SF CONG$865,000 Meadow Ln 0/0.5 0.30 SF AERE$925,000 Dukes Rd 0/0 0.20 SF CONG$1,075,000 Pinkham Circle 0/0.5 0.53 SF JLEE$1,990,000 Old Westmoor 0/0 1.64 Land GTPT$2,495,000 Madaket Rd 0/0 0.68 SF GTPT$2,495,000 Pilgrim Rd 0/1 0.64 SF GTPT$2,900,000 Meadow Ln 0/0 0.57 SF GTPT$2,975,000 Old Westmoor 0/0.5 0.66 SF GTPT

AreaBed/ Lot Listing

Price Street Bath Size Type Office

AreaBed/ Lot Listing

Price Street Bath Size Type Office

AreaBed/ Lot Listing

Price Street Bath Size Type Office

Chandra Miller, [email protected] www.coffinrealestate.com508.360.7777

Complete in ‘SconsetEnjoy privacy, nearly one-half acre of land, a beautifully built home,

ocean views, central air conditioning, garage/studio, and deeded access to the beach in ‘Sconset! Multiple decks, covered porches,

and yards allow for outdoor living at its finest.

$2,675,000

JUST BEFORE CISCO...Home to just 13 lucky Buyers, Nanahumacke Preserve is almost totally

surrounded by some form of Conservation Land. 14 Nanahumacke Laneboasts a dramatic, octagonal dining room plus an outdoor kitchen

making it stand out from all other properties for sale.Living room with fireplace; office; spectacular second floor

living room with deck overlooking the pond, Conservation Land andsome spectacular sunsets! 4 bedrooms, 3.5 baths, garage, basement,

outdoor kitchen with built in grill, sink, and refrigeration.Ready for the summer of 2011!

$2,095,000Go to www.nanahumacke.com

or email [email protected] for an appointment.

Michael AngelastroCell: 508-367-5096

[email protected]

Providing Expert Real Estate Advice Since 1982.

Eight Federal StreetNantucket Island, MA 02554508-228-4449www.jordanre.com

Page 23: NAREB News January 13, 2011

The Woburn Kimball, LLC of Boston, MA purchased

a dwelling at 1 Kimball Avenue from Earl Craig, III and

Audrey Craig Walker, Trustees of Westerly Nominee

Trust of San Angelo, TX for $15,525,000.

Arthur Reade, Jr. Trustee of Nineteen Monomoy Road

Nominee Trust of Nantucket purchased a dwelling at 19

Monomoy Road from Robert Wise, Trustee of the 19

Monomoy Road Realty Trust of New York, NY for

$5,485,000.

The Fair Street, LLC of Nantucket purchased a

dwelling at 3 Fair Street from Gary Winn of Nantucket

for $4,534,000.

William and Janice Jennings of Darien, CT purchased

a dwelling at 2 Marion Avenue from Martin and Susan

Wayne of Bedford Hills, NY for $3,650,000.

The 86 West Chester Nominee Trust of Nantucket pur-

chased a dwelling at 86 West Chester Street from the First

Sun, LLC of Nantucket for $3,400,000.

Harry and Sharon Pollack of Gladwyne, PApurchased

a dwelling at 9 Washing Pond Road from George Davis

of Nantucket for $3,200,000.

The Nantucket Marine, LLC of Nantucket purchased

a business at 14 Sun Island Road from the Fourteen Sun

Island Road, LLC of Nantucket for $3,000,000.

M. Flint Beal of New York, NY purchased a dwelling

at 76 Millbrook Road from Nicole Bousquet of

Nantucket for $2,750,000.

The Oak Hill Investments, LLC of Mattapoisett, MA

purchased a dwelling at 8 Mooers Avenue from Alexius

and Nancy Conroy of Fairfield, CT for $1,675,000.

Mark and Anne Owen of Harpenden, Hertfordshire,

United Kingdom purchased a dwelling at 15 Williams

Street from Ed and Marie Lemberg of Nantucket for

$1,500,000.

Edward and Crystal Schultz of Smiths Parish,

Bermuda purchased a dwelling at 7 Oakland Street from

Brita, Lerner and Kirk Herlitz of San Carlos, CA for

$1,325,000.

The Oak Hill Investments, LLC of Mattapoisett, MA

purchased a dwelling at 87 Cliff Road from Ina Lee Sirk

of Newton, MA for $1,305,000.

Scott and Michelle Grodsky of Longmeadow, MA

purchased a dwelling at 9 Kittiwake Lane from the

Lemberg Son and Daughter, LLC of Nantucket for

$1,100,000.

The PDE Companies, LLC of Wilmington, DE pur-

chased a dwelling at 5 Amelia Drive from Nantucket

Bank, a division of Sovereign Bank of Boston, MA for

$950,000.

The 14 Old Westmoor Farm Realty Trust of New

York, NY purchased a vacant lot at 14 Old Westmoor

Farm Road from the Nantucket Westmoor Farm, LLC of

Washington, D.C. for $850,000.

The First Sun, LLC of Nantucket purchased a vacant

lot at 7 Old Westmoor Farm Road from the Nantucket

Westmoor Farm, LLC of Washington, D.C. for $825,000.

Hale Everets purchased a dwelling at 26 Willard Street

from the 28 Willard Street, LLC of Providence, RI for

$775,000.

The Five Old Westmoor Farm, LLC of New Canaan,

CT purchased a dwelling at 5 Old Westmoor Farm Road

from the Nantucket Westmoor Farm, LLC of Cabin John,

MD for $695,000.

Timothy and Lorraine Milstead of Nantucket pur-

chased a dwelling at 29 Equator Drive from Michael

O’Reilly of Nantucket for $595,000.

Emily Weinfeld, Trustee of 211 Madaket Road

Nominee Trust of Woodcliff Lake, NJ purchased a vacant

lot at 211 Madaket Road from Lisa Westerback of

Vienna, VA for $590,250.

Pamela Cariin of West Lake Village, CA purchased a

dwelling at 8 Equator Drive from Shannon Haddon of

Nantucket for $575,000.

Leslie Malcolm of Nantucket purchased a dwelling at

4 Washaman Avenue from The Sovereign Bank of

Nantucket for $525,000.

Robert Goodwin, Trustee of Sandy Water II Realty

Trust of Hyannis, MA purchased a vacant lot at 6 South

Pasture Lane from Linda Williams of Nantucket for

$375,000.

The Silversmith, LLC of Nantucket purchased a

dwelling at 3 Silver Street from the Estate of Mildred

Evans of Nantucket for $571,500.

Joseph Manning of Nantucket purchased a business at

16 Macy’s Lane, Units D1 and D2, from Richard and

Jeanne Diamond, Trustees of GEM Realty Trust of

Nantucket for $380,000.

Hennadiy Yukhymenko of Nantucket purchased a

dwelling at 11 Perry Lane from Henry Garnett, Jr. of

Nantucket for $360,000.

Citibank, as trustee for the holders of Bear Stearns AH

Trust of Simi Valley, CA purchased a dwelling at 45

Surfside Road from itself for $303, 750.

Compiled by Peter Sutters

PROPERTIES

19 Monomoy Road

1 Kimball Ave.

Real EstateTransactions

DEC. 20 - JAN. 7

o n l i n e a n y w h e r e a n y t i m eNantucket Property News • Nantucket Property Journal

www.nareb-online.com

Page 24: NAREB News January 13, 2011

Gary WinnBroker / Cell: 508.330.3069

Brian Sullivan

TOWN

TOWN