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
Description
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.
More Information MLS# 22402878
Contract Info
List Price/SqFt: 33.62
Status: Closed
Original List Price: 2695000
Sold Price: $2,700,000
Current Price: $2,700,000
List Date: 2024-06-18
Legal and Taxes
Town: Nantucket
Village: Nantucket
Estimated Annual Taxes: 4094
Building Assessments: 0
Other Assessments: 0
Total Assessment: 1359500
Flood Ins Required: No
Mass Use Code: 10 - Multiple Use Property
Deed Restrictions: Yes
Street #: 74
Street Name: Madaket
Street Suffix: Road
County: Nantucket
State: MA
Zip Code: 02554
Tax ID: 41-810
Tax Year: 2024
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
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
Status Change Info
Estimated Selling Date: 2024-10-14
Sold Price/SqFt: 33.69
SP/AV: 1.99
Under Contract Date: 2024-08-13
Sold Date: 2024-10-11
Sold Price: $2,700,000
Street Description
Paved: 1
Public: 1
Special Listing Cond
None: 1
Lot Features
Views: 1
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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