NOT LISTED FOR SALE

41 Jefferson Ave Nantucket, MA 02554

10 Beds
10.5 Baths
7,210 Sq Ft
0.94 Acres

Last Sold November 13, 2024

Last sale price $26,000,000 $3,606 Per Sq Ft

869 Days on Market

Highlights

  • Deck
  • Porch
  • Garden
  • Furnished
  • Patio
  • Garage

About This Home

As of November 2024

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.

Last Listed By

Allison Mazer

Compass MA LLC Listed on: 05/16/2022

Compass MA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,964

Year Built

  • Built in 1930

Lot Details

  • 0.94 Acre Lot
  • Garden
  • Property is zoned RC

Parking

  • Garage

Interior Spaces

  • 7,210 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 45

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,964

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Snd
  • Lot Size Acres: 0.94
  • Garage Yn: Yes
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Stove: 4, Washer: 4
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Hard wood, tile
  • Interior Amenities: A,AC,Disp,Ins,OSh

Exterior Features

  • Lot Features: See Registry for easements, Beach front
  • Pool Private: No
  • View: Snd, Hrb
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: poured concrete
  • Other Structures: Includes two garages and a mechanical room. Climate controlled storage is accessible under each unit. Entry courtyard, and Belgian block parking for all residences.

Garage/Parking

  • Parking Features: yes

Utilities

  • Heating: GFHA
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 40946
  • Parcel #: 45
  • Zoning: RC

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 25964.16
  • Tax Lot: 5
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 17050000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Nov 12, 2024
Sold by
Purple Wampum Llc
Bought by
Nantucket Is Land Bank
Seller's Agent
Allison Mazer
Compass MA LLC
Buyer's Agent
Allison Mazer
Compass MA LLC
List Price
$39,000,000
Sold Price
$26,000,000
Premium/Discount to List
-$13,000,000
-33.33%
Total Days on Market
869
Views
4532

Purchase Details

Closed on
Aug 21, 2023
Sold by
Purple Wampum Llc
Bought by
Limulus Holdings Llc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nantucket Is Land Bank $26,000,000 None Available
Nantucket Is Land Bank $26,000,000 None Available
Limulus Holdings Llc -- None Available
Limulus Holdings Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $26,000,000 -33.3% $3,606 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
05/09/2022 05/09/22 For Sale $39,000,000 -- $5,409 / Sq Ft
Source: LINK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,683 $5,298,500 $2,046,000 $3,252,500
2024 $22,683 $5,212,400 $2,046,000 $3,166,400
2023 $0 $4,146,200 $1,705,000 $2,441,200
2022 $0 $4,056,900 $1,705,000 $2,351,900
2021 $0 $4,056,900 $1,705,000 $2,351,900
2020 $22,683 $3,870,900 $1,705,000 $2,165,900
2019 $22,124 $3,874,600 $1,705,000 $2,169,600
2018 $20,585 $3,448,000 $1,606,000 $1,842,000
2017 $20,654 $3,448,000 $1,606,000 $1,842,000
2016 $20,447 $3,448,000 $1,606,000 $1,842,000
2015 $13,476 $2,112,300 $1,529,000 $583,300
2014 $14,222 $2,129,100 $1,529,000 $600,100
Source: Public Records

Agents Affiliated with this Home

  • Allison Mazer

    Seller's Agent in 2024

    Allison Mazer

    Compass MA LLC

    (617) 905-7379

    80 Total Sales

    Allison Mazer
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Map

Source: LINK

MLS Number: 89425

APN: NANT-000-030-000-000-0000-45-000-000

Massachusetts Nantucket County Nantucket 02554

41 Jefferson Ave, Nantucket, MA

Homes for Sale in Nantucket, MA

This home is located at 41 Jefferson Ave, Nantucket, MA 02554 since 16 May 2022. This property was built in 1930. 41 Jefferson Ave is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.