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

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!

More Information MLS# 22007017

Contract Info

List Price/SqFt: 409.18 Status: Closed Original List Price: 9500000 Sold Price: $9,777,777 Current Price: $9,777,777 List Date: 2020-10-13

Legal and Taxes

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

General Property Info

Region: Upper Cape School District: Falmouth Condo Complex Name: Other Zoning: B3 Property Sub-Type: Condominium Renovated: Yes Year Renovated: 2006 Stories: 3 Total Rooms: 45 Basement: Yes Baths - Half: 8 Association: No Private Dock: No Private Pool: No Lot Size SqFt: 37026 Lot Size Source: Field Card Acres: 0.85 Garage: Yes # of Cars: 26 # of Parking Spaces: 80 Year Round: Yes 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 Leased Land: No Property Includes Recording Devices: No Year Built: 2005 Total Finished Space: 23217 Bedrooms - Total: 21 Baths - Full: 14 Baths - Total: 22

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.

Status Change Info

Concessions: No Estimated Selling Date: 2020-12-31 Sold Price/SqFt: 421.15 SP/AV: 1.36 Under Contract Date: 2020-10-19 Sold Date: 2020-12-24 Sold Price: $9,777,777

Street Description

Paved: 1 Public: 1

Special Listing Cond

None: 1

Location Description

South of Route 28: 1

Lot Features

Gentle Sloping: 1 Sloped: 1 Views: 1

Year Built Desc

Actual: 1

Basement Description

Garage Access: 1

Pets Allowed

Call: 1

Condo Type

Other: 1

Parking Features

Assigned: 1 Driveway: 1 Off Street: 1 Paved: 1

Waterview Direction

East: 1 South: 1

Garage Description

Direct Access: 1 Under: 1

Unit Placement

End Unit: 1 Inter Unit: 1 Lower Level: 1 Middle Level: 1 Top Level: 1

Neighborhood Amen

Beach Access: 1 Deeded Beach Rights: 1 Elevator(s): 1 Landscaping: 1 Marina: 1

Waterfront Desc

Beach: 1 Ocean: 1 Private: 1 Salt: 1

Foundation Details

Poured: 1

Beach Description

Ocean: 1 Other - See Remarks: 1

Water Access

Salt: 1

Convenient To

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

Beach Ownership

Private: 1

Floors

Carpet: 1 Hardwood: 1 Tile: 1

Sewer

Innovative Alternative: 1 Private Sewer: 1

Roof Description

Asphalt: 1 Shingle: 1

Siding Description

Shingle: 1

Heating

Forced Air: 1

Cooling

Central Air: 1

Fuel Type

Natural Gas: 1

Water

Public: 1

Hot Water

Water Heater: 1

Hot Water Source

Electric: 1

Interior Features

HU Cable TV: 1 Linen Closet: 1 Walk-In Closet(s): 1

Patio And Porch Features

Deck: 1 Porch: 1

Management

Other - See Remarks: 1

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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