286 Grand Avenue, Falmouth, MA 02540 (MLS# 22007017)

286 Grand Avenue, Falmouth, MA 02540

$9,777,777
Property Type: Residential Bedrooms: 21 Baths: 22 Square Footage: 23,217 Lot Size (sq. ft.): 37,026 Status: Closed
Current Price: $9,777,777 List Date: 10/13/2020 Last Modified: 8/25/2024

Overview

Description

Rare development opportunity to acquire a landmark property located directly on Vineyard Sound with private sandy beach and expansive panoramic water views. The property is currently configured as eight waterfront residential condominiums along with a 5,000+ square foot two-story full-service restaurant. In addition, the property includes 26 garage parking spaces and a 54-space valet lot across street. The condominiums have been used as vacation rentals and have never been sold. This unique offering presents a one-of-a-kind investment opportunity for the savvy buyer. SEE VIRTUAL TOUR!

Listing Details MLS# 22007017

Contract Info

Original List Price
9500000
List Price/SqFt
409.18

Legal and Taxes

Street #
286
Street Name
Grand
Street Suffix
Avenue
County
Barnstable
Town
Falmouth
Village
Falmouth
State
MA
Zip Code
02540
Tax ID
46B 09 013 000
Estimated Annual Taxes
61953
Tax Year
2020
Building Assessments
7212800
Total Assessment
7212800
Title Reference - Book
13188-0158
Lead Base Paint
No
Flood Ins Required
Not Verified
Mass Use Code
10 - Multiple Use Property
Other Assessments
0

General Property Info

Region
Upper Cape
Condo Complex Name
Other
School District
Falmouth
Zoning
B3
Property Sub-Type
Condominium
Year Built
2005
Renovated
Yes
Year Renovated
2006
Total Finished Space
23217
Total Rooms
45
Stories
3
Private Pool
No
Private Dock
No
Leased Land
No
Lot Size SqFt
37026
Lot Size Source
Field Card
Acres
0.85
Association
No
Garage
Yes
# of Cars
26
# of Parking Spaces
80
Year Round
Yes
Bedrooms - Total
21
Baths - Full
14
Baths - Half
8
Baths - Total
22
Waterfront
Yes
Water Body
Vineyard Sound
Waterfront Type
Oceanfront
Waterview
Yes
Water Body View
Vineyard Sound
Waterview Type
Ocean
Miles to Beach
0 - .1
Mi. to Beach Comments
Beachfront
Fireplace
Yes
# Fireplaces
9
Ownership
Condo
Condo Style
Attached
Complex Completed
Yes
Max # of Units in Complex
9
Property Includes Recording Devices
No
Basement
Yes

Status Change Info

Concessions
No
Estimated Selling Date
2020-12-31
Under Contract Date
2020-10-19
Sold Date
2020-12-24
Sold Price/SqFt
421.15
SP/AV
1.36

Convenient To

Convenient to Water Body 1
Vineyard Sound
Convenient to Water Body 2
Falmouth Harbor
In Town Location
Yes
Marina
Yes

Remarks & Misc

Public Remarks
Rare development opportunity to acquire a landmark property located directly on Vineyard Sound with private sandy beach and expansive panoramic water views. The property is currently configured as eight waterfront residential condominiums along with a 5,000+ square foot two-story full-service restaurant. In addition, the property includes 26 garage parking spaces and a 54-space valet lot across street. The condominiums have been used as vacation rentals and have never been sold. This unique offering presents a one-of-a-kind investment opportunity for the savvy buyer. SEE VIRTUAL TOUR!
Directions to Property
Grand Avenue to 286 on the water.

More Information

Street Description

Paved
Yes
Public
Yes

Special Listing Cond

None
Yes

Location Description

South of Route 28
Yes

Lot Features

Gentle Sloping
Yes
Sloped
Yes
Views
Yes

Year Built Desc

Actual
Yes

Basement Description

Garage Access
Yes

Pets Allowed

Call
Yes

Condo Type

Other
Yes

Parking Features

Assigned
Yes
Driveway
Yes
Off Street
Yes
Paved
Yes

Waterview Direction

East
Yes
South
Yes

Garage Description

Direct Access
Yes
Under
Yes

Unit Placement

End Unit
Yes
Inter Unit
Yes
Lower Level
Yes
Middle Level
Yes
Top Level
Yes

Neighborhood Amen

Beach Access
Yes
Deeded Beach Rights
Yes
Elevator(s)
Yes
Landscaping
Yes
Marina
Yes

Waterfront Desc

Beach
Yes
Ocean
Yes
Private
Yes
Salt
Yes

Foundation Details

Poured
Yes

Beach Description

Ocean
Yes
Other - See Remarks
Yes

Water Access

Salt
Yes

Beach Ownership

Private
Yes

Floors

Carpet
Yes
Hardwood
Yes
Tile
Yes

Sewer

Innovative Alternative
Yes
Private Sewer
Yes

Roof Description

Asphalt
Yes
Shingle
Yes

Siding Description

Shingle
Yes

Heating

Forced Air
Yes

Cooling

Central Air
Yes

Fuel Type

Natural Gas
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Electric
Yes

Interior Features

HU Cable TV
Yes
Linen Closet
Yes
Walk-In Closet(s)
Yes

Patio And Porch Features

Deck
Yes
Porch
Yes

Management

Other - See Remarks
Yes

Property Features

Street Description: Paved; Public Location Description: South of Route 28 Special Listing Cond: None Pets Allowed: Call Condo Type: Other Year Built Desc: Actual Basement Description: Garage Access Foundation Details: Poured Lot Features: Gentle Sloping; Sloped; Views Neighborhood Amen: Beach Access; Deeded Beach Rights; Elevator(s); Landscaping; Marina Garage Description: Direct Access; Under Parking Features: Assigned; Driveway; Off Street; Paved Unit Placement: End Unit; Inter Unit; Lower Level; Middle Level; Top Level Waterfront Desc: Beach; Ocean; Private; Salt Convenient To: In Town Location; Marina Water Access: Salt Beach Description: Ocean; Other - See Remarks Beach Ownership: Private Waterview Direction: East; South Floors: Carpet; Hardwood; Tile Interior Features: HU Cable TV; Linen Closet; Walk-In Closet(s) Patio And Porch Features: Deck; Porch Roof Description: Asphalt; Shingle Siding Description: Shingle Sewer: Innovative Alternative; Private Sewer Heating: Forced Air Cooling: Central Air Fuel Type: Natural Gas Water: Public Hot Water: Water Heater Hot Water Source: Electric Management: Other - See Remarks
Listing Office: Robert Paul Properties, Inc.
Listing Agent: Paul E Grover
IDX
Last Updated: August - 25 - 2024
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