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
IDX
Last Updated: October - 11 - 2024
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