74 Madaket Road, Nantucket, MA 02554 (MLS# 22402878)
74 Madaket Road, Nantucket, MA 02554
$2,700,000
Property Type:
Land
Lot Size (sq. ft.):
80,150
Status:
Closed
Current Price:
$2,700,000
List Date:
6/18/2024
Last Modified:
10/11/2024
Listing Details MLS# 22402878
Contract Info
- Original List Price
- 2695000
- List Price/SqFt
- 33.62
Legal and Taxes
- Street #
- 74
- Street Name
- Madaket
- Street Suffix
- Road
- County
- Nantucket
- Town
- Nantucket
- Village
- Nantucket
- State
- MA
- Zip Code
- 02554
- Tax ID
- 41-810
- Estimated Annual Taxes
- 4094
- Tax Year
- 2024
- Total Assessment
- 1359500
- Flood Ins Required
- No
- Deed Restrictions
- Yes
- Mass Use Code
- 10 - Multiple Use Property
- Building Assessments
- 0
- Other Assessments
- 0
General Property Info
- Region
- Nantucket
- School District
- Nantucket
- Zoning
- LUG2
- Property Sub-Type
- Residential
- Private Dock
- No
- Lot Size SqFt
- 80150
- Lot Size Source
- Assessor
- Acres
- 1.84
- Golf Course Front
- No
- Golf Course View
- No
- Waterfront
- No
- Waterview
- No
Status Change Info
- Estimated Selling Date
- 2024-10-14
- Under Contract Date
- 2024-08-13
- Sold Date
- 2024-10-11
- Sold Price/SqFt
- 33.69
- SP/AV
- 1.99
Remarks & Misc
- Public Remarks
- This exceptional 1.84 acre property is nestled less than a mile away from the bustling heart of Main Street, Nantucket, renowned as ''America's most beautiful small-town street.'' Boasting an excellent elevation and a clear site, the property has received approval for an 8-bedroom septic design. The engineering work is complete, the order of conditions and Conservation Commission NOI have been issued for the development of a 3,000-square-foot footprint and a pool. With picturesque protected pastoral views to the north and south, the property overlooks the birthplace of Benjamin Franklin's mother, Abiah Folger, who was born on Madaket Road in 1667. Her father, Peter Folger, played a significant role in Nantucket's early settlement and development. He was among fourteen tradesmen invited by the original proprietors to settle on the island and contribute their designated trades in exchange for a half-share of Nantucket. Situated along the Madaket bike path, the property provides easy access to Nantucket's natural beauty, including numerous nearby conservation areas.
- Directions to Property
- Property is on Madaket Road
Street Description
- Paved
- Yes
- Public
- Yes
More Information
Special Listing Cond
- None
- Yes
Lot Features
- Views
- Yes
Property Features
Special Listing Cond:
None
Lot Features:
Views
Street Description:
Paved; Public
Listing Office:
Fisher Real Estate
Listing Agent:
Brian Sullivan
Last Updated: October - 11 - 2024
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