68 Cliff Road went under agreement today. Turn of the century home in need of total renovation. House could be reduced in size and used as a guest house, moved to another location on the property, or totally restored and added onto to make a large home.
Three properties closed on Nantucket yesterday 2/21/12.
13 Warren St – $575,000 (Original Price – $795,000)
6 Derrymore Road – $655,000 (Original Price – $795,000)
98 Goldfinch Drive – $675,000 (Original Price – $795,000)
The last available vacant land left on Lincoln Avenue. This 14,145 square foot lot has frontage on two streets. Boasting water views of Nantucket Sound and the harbor from this prestigious location with easy access to Steps Beach. For more information on this exciting new listing, click here and contact listing agents Gary Winn or Kathy Gallaher.
This magnificent home is located in a spectacular setting in the prestigious, seaside village of Sconset on Nantucket’s eastern shore. Surrounded on three sides by pristine conservation land – native grasslands and dunes – ocean views can be enjoyed from every room in the house. As it is protected land, no structure can ever be built in front of the house, thereby ensuring the view. There is a very pleasant front and side yard, with beautifully-groomed hedges and flowering hydrangea in season, as well as a tranquil, lighted “secret garden” – a lovely spot to unwind with a good book. This is an idyllic, Nantucket vacation home!
Contact Listing Agent Gary Winn or by phone 508.330.3069.
Privacy and convenience to Town and Cisco Beach. Renovated five bedroom home with central air-conditioning on a wooded half acre lot with room for expansion. Click here for listing sheet. Contact listing agents Bernadette Maglione or Wayne Viera at 508.228.1881.
All high-end finishes and custom woodwork in this well-kept, turnkey home on the edge of town abutting acres of open space. Four floors of living space, including a finished third floor with full bathroom and a full basement with living room and play room. $1,120,000. Listed with Bernadette Maglione
Home sales in December reached the highest pace in nearly a year. The gain coincided with other signs that the troubled U.S. housing market improved at the end of 2011. Sales of previously occupied homes rose 5% to a seasonally adjusted annual rate of 4.61 million in December, the National Association of Realtors said. It’s the best level since January 2011.
Sales rose on a seasonal basis more than 10% in the Northeast, 8.3% in the Midwest, 2.9% in the South and 2.6% in the West.
The third straight monthly sales increase was encouraging. And economists noted that conditions are in place for further gains this year: Prices have declined. Mortgage rates have never been lower. Homebuilders are slightly more hopeful because more people are saying they might be open to buying this year. And home construction picked up in the final quarter last year.
“There’s no denying that home sales are still very low,” said Paul Dales, an economist with Capital Economics. “But after having risen in each of the last three months … it is clear that a housing recovery is now well under way.”
“With layoffs slowing sharply, hiring rising and consumers’ confidence rebounding, the pre-conditions for a sustained recovery are falling into place,” said Ian Shepherdson, chief U.S. economist for High Frequency Economics.
– “Home Sales Pace Increases in December,” by Derek Kravitz, USA Today, Jan. 20, 2012.
Nantucket Property Journal Sept 23rd Issue. Click here to read it cover to cover.