One thing is for sure: Nantucket real estate is presenting some compelling buying opportunities! Just a few years ago, it was hard to imagine homes for sale less than $600,000-$700,000. If you were lucky enough to identify a property for less than this amount, it was most likely in need of major repairs or it may have been hardly larger than a shoebox. Now, however, there are some unbeatable values on Nantucket Island being offered between $325,000 and $430,000!
- 98 Hinsdale: Imagine preparing meals in this beautiful kitchen!
Take for instance 98 Hinsdale Road, a custom-built, free standing home offering gorgeous finishes including granite counter tops, marble vanities and random width, oak flooring throughout. This stand-alone (no shared walls) condominium
98 Hinsdale: Beautiful bonus room with vaulted ceilings
also features a one-car garage, two lovely bedrooms, a huge bonus room with vaulted ceilings and a full, unfinished basement with
exterior and interior access, The basement is already plumbed for another full bath, and ready to be converted into additional living space – perhaps an office, gym or second living room. Three of these four units have sold within the last year and only one remains available. Current list price is $430,000.
4A Mary Ann Drive - $324,900!
Another property that appears to be a great buying opportunity is 4A Mary Ann Drive. This four bedroom, four bath condominium is bank-owned and currently being offered at an almost-unbelievable price of $324,900. Few of us can recall the last time you could purchase a property on Nantucket for this amount. Buyers should be mindful, however, that this property requires some TLC. A few of the appliances and light fixtures are missing, and generally the property could use some elbow grease, fresh paint and repair in a few areas. But with a little hard work and some additional money to spruce the property up, this four bedroom condo could be a great investment for a family looking to own their own piece of Nantucket.
If you have been thinking of buying a property on Nantucket, now might just be the best time! Don’t hesitate to contact us today!
