Simply put, the high demand for Nantucket real estate can be attributed to Nantucket being such a special place with a finite amount of land surrounded by water. And while every property on Nantucket is exceptional, waterfront property is in its own category in terms of demand and exclusivity.
Sharing a property line with the Atlantic Ocean comes at a premium. Generally, the closer you get to the water the higher the property value and you can't get any closer than waterfront without getting wet. While waterfront properties command premium asking prices, they are excellent investments as they tend to increase in value at a higher rate. Waterfront properties can also generate substantial rental income due to extremely high demand at top rates.
While current real estate inventory is low, there are waterfront properties available. Below are exclusive waterfront listings offered by Maury People Sotheby's International Realty.