41 Jefferson Ave, Nantucket MA 02554
Nantucket, MA 02554 • Other Areas
$26,000,000
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Sale Statistics
Sale Overview
Original List Price:
$29,975,000
Final Sale Price:
$26,000,000
Difference:
$3,975,000 (-13.3%)
Performance Metrics
86.7%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$4,157
Sale $/sq ft:
$3,606
This property sold for $3,606 per square foot
Sale Summary
This property sold for 13.3% below the original asking price.
The property spent 42 days on market before selling.
About this home
A versatile property with some of the best views and one of the nicest beaches anywhere, this sprawling .94-acre Cliff Beach resort compound is a Nantucket landmark. Originally developed as a private beach club in the 1930s, the property includes a recently constructed, four-unit main beach house, two stand-alone cottages, two garages, an entry courtyard/garden and a large Belgian-block parking area. Less than a mile from the center of town in the tony Cliffside neighborhood adjacent to the Beach Club, the compound is part of the only residential/commercial (R/C) zoned property on Nantucket’s entire North Shore. Potential uses include; a spectacular residential compound, a luxury boutique hotel, an exclusive private club, a joint venture with other Island accommodation businesses offering the private bathing beach and large beachfront residences that they lack, or a condominium conversion... just to name a few. Significantly the property is not in a FEMA Special Flood Hazard Area.
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Property History
Market Insights
13.3%
Price Range
1671
Total Days on Market
Property Timeline
Sold
Nov 13, 2024
$26,000,000
Property sold
Days on Market: 1671
Listed for Sale
Aug 13, 2024
$29,975,000
Original listing
Agent: The Mazer Group
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/13/2024 | ✓ Sold | $26,000,000 | - | - | Property sold |
| 08/13/2024 | 🏠 Listed for Sale | $29,975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $25,964 | $9,999 |
Financial Details
Annual Property Tax
$25,964
Tax Year 2022
Assessed Value
$9,999
Facts & Features
2 Car Garage
Central AC
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1930
Living Area
7,210 sq ft
Lot Size
0.94 acres
Bedrooms
10
Full Baths
10
Half Baths
1
Total Rooms
21
Interior
Heating
Central, Forced Air
Cooling
Central Air
Flooring
Wood, Marble
Appliances
None
Fireplace
None
Fireplaces
2
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
Other (see Remarks)
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
None
Total Spaces
16
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$25,964
Assessed Value
$9,999
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Not In A Fema Special Flood Hazard Arearesidential/commercial Zoned Property
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Measured
Documents
None
County
Nantucket
Total market time (incl. prior listings)
1,671 days
Property Overview
Property Type
Single Family Residence
Listing Type
Sold
Year Built
1930
Bedrooms
10
Full Bathrooms
10
Half Bathrooms
1
Living Area
7,210 sq ft
Total Rooms
21
Floor Layout
Interactive room guide
Floor Layout
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Marble
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Style:
Other (See Remarks)
Year Built:
1930
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Central, Forced Air
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
16
Parking Features:
Special Features
Fireplaces:
2
Fireplace Type:
Waterfront:
Yes
Waterfront Type:
Waterfront, Ocean, Sound, Harbor, Beach Ownership(Private)
View:
Yes
View Type:
Scenic View(s)
Community Amenities:
Nearby Schools
School District
Nantucket School District local
C+
School Safety
2024-25
2.2%
Average
1.7%
Suspensions
2.0%
In-School
0.5%
Emergency
3.3% below state avg
Elementary Schools
4 schools
Nantucket Lighthouse School
2.4 mi
Grades PK-06
Nantucket New School
3.2 mi
Grades PK-08
B-
Nantucket Intermediate School
1.9 mi
|
#463 of 824
|
Score: 45.7
Improved 206 spots from last year
-12.5 below state avg
366 students
Diverse
Rising School
Diverse Student Body
Grades 03-05
Nantucket Elementary School
1.9 mi
399 students
Diverse
Diverse Student Body
Grades PK-02
Middle Schools
1 school
B-
Cyrus Peirce Middle School
1.7 mi
|
#181 of 352
|
Score: 42.2
Improved 68 spots from last year
-16 below state avg
358 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
1 school
B
Nantucket High School
1.7 mi
|
#157 of 346
|
Score: 54.6
Improved 16 spots from last year
-3.6 below state avg
596 students
Diverse
18 sports
• 1,090 athletes
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
Learn about these ratings
Location
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Neighborhood
Other Areas
41 Jefferson Ave, Nantucket MA 02554
Nantucket, MA 02554
Listing Information
Listing Agent
The Mazer Group
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM356385
Office MLS ID
AN2383
Listing Data Updated
Nov 13, 2024 8:20 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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