5 Heather Ln

Nantucket, MA 02554

$22,250,000
Last Sold Price
6
Beds
7,329 Sq. Ft.
$3,036 / Sq. Ft.
7,329
Sq. Ft.
$3,036
per Sq. Ft.

Description

This stunning home is one of the few remaining grand old summer "cottages" on the Cliff. The house was fully renovated from the ground up in 2008 preserving the historic charm while offering all the luxuries expected in modern home. Four levels of finished living space include multiple areas for social or private spaces both inside and out. The proud location on Heather Lane has a private beach path and staircase.This stunning home is one of the few remaining grand old summer "cottages" on the Cliff. The house was fully renovated from the ground up in 2008 preserving the historic charm while offering all the luxuries expected in modern home. Four levels of finished living space include multiple areas for social or private spaces both inside and out. The proud location on Heather Lane has a private beach path and staircase.
  1. Listed by Liza Ottani • Lee Real Estate

Property Details for 5 Heather Lane

Zoning
R20
View
Snd
LISTING UPDATED: 11/22/2023 02:32 PM

Property Details for 5 Heather Lane

StatusClosed
MLS #86206
Days on Market-
Taxes$54,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS Type1 Family / Single Family Residence
Year Built1940
Lot Size0.69 AC / 30,131 SF
CountyNantucket County

Location

Listing Courtesy of Lee Real Estate, Liza Ottani

Sold By Maury People Sotheby's International Realty, Marybeth Gibson

Add your commute

Building Information for 5 Heather Lane

Stories-Year Built1940Building Size-Lot Size0.69 AC / 30,131 SF

Payment Calculator

$121,077 per month

30 year fixed, 6.845% Interest

Principal and Interest

$116,577

Property Taxes

$4,500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Heather Lane

Summary
Location and General Information
  • Latitude: 41.293752
  • Longitude: -70.116687
  • Listing ods: Deck, Garden, Porch
  • Listing other Building: Grg
  • MLS Area Major: Cliff
Taxes and HOA Information
  • Tax Assessed Value: $7,807,300.00
  • Tax Lot: 4
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: $7,168,000.00
  • Tax Year: 2021
Parking
  • Parking Features: yes
Property
Lot Information
  • Lot Features: See deed, Yes
  • Property Type: 1 Family
Property and Assessments
  • Possible Use: 16309C
  • Parcel Number: 241
  • Photos Count: 2
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2007
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: The finished lower level includes a 2 Car garage, laundry room, 1 bedroom ensuite bath with double sinks, Gym with full bath, media room, great room, and custom fitted wine cellar.
  • Exterior Features: Deck, Garden, Porch
  • Frontage Type: Snd
Interior Features
  • Foundation Details: poured-concrete
  • Main Level Bedrooms: 1
  • Rooms Total: 15
  • Appliances: Stove: Wolf, Washer: Yes
  • Fireplace Features: yes
  • Fireplace: No
  • Flooring: wood/tile/stone
  • Furnished: Unfurnished
  • Heating: GFHA
  • Interior Features: A,AC,Ins,Irr, Floor 1: The spacious covered front porch welcomes guests to this grand home with formal entry. This level includes the great room with 2 sitting areas and 2 fireplace, sunporch with custom bar, formal dining room with fireplace. The large open eat in kitchen has an island, breakfast table, doors to large back deck, and adjacent family room. Off the kitchen is a back entry with pantry and laundry room. A guest bedroom suite completes this level., Floor 2: A grand curved staircase leads to the second floor with 4 bedrooms suites including a spacious master with gas fireplace, 2 decks, and walk-in closet. Each of the guest rooms has a private deck., Floor 3: The third floor was designed for kids with a sitting room, bedroom with built in twins and full bath.

Property History for 5 Heather Lane

DateEvent & SourcePriceAppreciation
Oct 15, 2021

Sold

NANTUCKET_LINK #86206

$22,250,000
Feb 10, 2021

Price Change

NANTUCKET_LINK #71441

$15,495,000
Oct 15, 2008

Sold (Public Record)

Public Record #257619752

$12,400,000

-9.5% / yr

Oct 15, 2008

Sold

NANTUCKET_LINK #71441

$12,400,000
Jul 17, 2007

Listed (Active)

NANTUCKET_LINK #71441

$14,950,000
May 5, 2006

Sold (Public Record)

Public Record #195333587

$15,850,000
DateEvent & SourcePrice
10/15/2021

Sold

NANTUCKET_LINK #86206

$22,250,000
02/10/2021

Price Change

NANTUCKET_LINK #71441

$15,495,000
10/15/2008

Sold (Public Record)

Public Record #257619752

$12,400,000

-9.5% / yr

10/15/2008

Sold

NANTUCKET_LINK #71441

$12,400,000
07/17/2007

Listed (Active)

NANTUCKET_LINK #71441

$14,950,000
05/05/2006

Sold (Public Record)

Public Record #195333587

$15,850,000

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

Public Records for 5 Heather Lane

Taxable ValueLand$10,745,280Additions$12,759,800Total$23,505,080
Tax Record2025$77,097 ($6,425 / month)
Home Facts
Beds6Baths8Total Finished SqFt8,320 SqFtAbove Grade Finished SqFt8,320 SqFtStories3Lot Size29,583 SqFtStyleSingle Family ResidenceYear Built1960ZoningR20CountyNANTUCKETAPNNANT M:00030 P:00024-1Fireplace TypeHas Fireplace

Schools near 5 Heather Lane

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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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lee Real Estate, Liza Ottani

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.