1 Ocean Avenue

Nantucket, MA 02554

$29,500,000
Price
12
Beds
10
Baths
1
1/2 Bath
11,564 Sq. Ft.
$2,551 / Sq. Ft.
11,564
Sq. Ft.
$2,551
per Sq. Ft.

Description

Welcome to One Ocean Avenue, the most iconic estate in ‘Sconset, if not all of Nantucket! Steeped in history, fully restored, thoughtfully improved and meticulously maintained, the listing also includes 5 Ocean Avenue and 6 Grand Avenue creating an incredibly rare opportunity to own three adjoining properties which exemplify luxurious living on Nantucket. Entertain in "The Rec Cottage" and host guests in both "The Stable" and "The Chauffeur's Cottage." Each of the four dwellings has its own distinct...Welcome to One Ocean Avenue, the most iconic estate in ‘Sconset, if not all of Nantucket! Steeped in history, fully restored, thoughtfully improved and meticulously maintained, the listing also includes 5 Ocean Avenue and 6 Grand Avenue creating an incredibly rare opportunity to own three adjoining properties which exemplify luxurious living on Nantucket. Entertain in "The Rec Cottage" and host guests in both "The Stable" and "The Chauffeur's Cottage." Each of the four dwellings has its own distinct style, yet together they create a cohesive and timeless estate surrounded by mature landscaping. One Ocean Ave offers the ultimate setting perched above the Atlantic Ocean offering spectacular views and convenience to both sandy beaches and the village center. This quintessential generational compound is now ready for its next steward.
  1. Listed by Amber Cantella • Great Point Properties

Property Details for 1 Ocean Avenue

Zoning
SOH
View
Ocean, Res
LISTING UPDATED: 11/18/2024 12:42 PM

Property Details for 1 Ocean Avenue

StatusActive
MLS #91187
Days on Market182
Taxes$44,317 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS Type1 Family / Single Family Residence
Year Built1920
Lot Size0.85 AC / 37,026 SF
CountyNantucket County

Building Information for 1 Ocean Avenue

Stories-Year Built1920Building Size-Lot Size0.85 AC / 37,026 SF

Property Information for 1 Ocean Avenue

Summary
Location and General Information
  • Latitude: 41.26111
  • Longitude: -69.96463
  • GeoLocked: Yes
  • GeoPrecision: CUSTOM
  • Listing ods: Deck, Garden, Patio, Porch
  • Listing other Building: Grg
  • MLS Area Major: Sconset
Taxes and HOA Information
  • Tax Assessed Value: $7,227,100.00
  • Tax Lot: 1
  • Tax Map Number: 7324, 7324, 7331
  • Tax Other Annual Assessment Amount: $6,931,800.00
  • Tax Year: 2024
Parking
  • Parking Features: Grand circular white-shell driveway you can enter from Ocean or a gated entrance on Grand Ave. Additional parking area for Guest Houses.
Property
Lot Information
  • Lot Features: Privet-lined yards, mature trees, gardens
  • Property Type: 1 Family
Property and Assessments
  • Parcel Number: 26, 25, 130
  • Photos Count: 59
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2009
Utilities
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: Wine Cellar and Storage.
  • Exterior Features: Deck, Garden, Patio, Porch
  • Frontage Type: None
Interior Features
  • Foundation Details: Part Poured/Part Block
  • Main Level Bedrooms: 1
  • Other Structures: Attached to the "Chauffeur's Cottage" is a 2+ Car Garage with additional W/D. Potting Shed. Irrigation on its own well. A list of lighting exclusions (not original to house) is attached. GLA is estimated from Assessors' Office. Matterport Floor Plans are approximate and missing the full bath that exists in the Rec Cottage.
  • Rooms Total: 20
  • Appliances: Stove: Wolf, GE, Washer: LG, Whirlpool, Maytag
  • Fireplace Features: 8
  • Fireplace: No
  • Flooring: Wood (mainly Oak) and Tile
  • Furnished: Unfurnished
  • Heating: OFHA
  • Interior Features: A,AC,Ins,Irr, Floor 1: Large entry foyer where you are met with water views, living room, office, dining room and sun room each leading to a beautiful veranda, bedroom, full bathroom, kitchen, food pantry, butler's pantry, breakfast room, powder room, mud room, storage room., Floor 2: Open landing brings you to a living room with sweeping ocean views. To the left are three bedrooms and two full baths. To the right is the primary suite featuring a wet bar, large dressing room and full bath. A hallway continues to two additional bedrooms and a full bath., Floor 3: Large bedroom currently serving as a den with full bathroom. Office. Multiple storage areas, built-ins and cedar-lined closets.

Property History for 1 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Ocean Avenue

Taxable ValueLand$4,639,300Additions$6,464,100Total$11,103,400
Tax Record2024$34,754 ($2,896 / month)
Home Facts
Lot Size37,026 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningSOHCountyNANTUCKETAPNNANT M:07324 P:00026Fireplace TypeHas Fireplace

Schools near 1 Ocean Avenue

This home is within Nantucket School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Nantucket Elementary School
PublicPK to 2

Cyrus Peirce
Public6 to 8

Nantucket High School
Public9 to 12

Nantucket Intermediate School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Ocean Avenue is a single family home for sale in Nantucket, MA 02554. This property was listed for sale on May 21, 2024 by Great Point Properties, it's currently listed at $29,500,000. This listing's school district is Nantucket School District. Nearby schools include Nantucket Elementary School, Cyrus Peirce and Nantucket High School. 1 Ocean Avenue is a 12-bed, 10.5-bath, 11,564 sqft single family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Great Point Properties, Amber Cantella

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.