$6,950,000
$945K PRICE DROP

1 Little Neck Way Unit 1 Nantucket, MA 02554

Estimated payment $38,262/month

Total Views 5,428
4 Beds
3 Baths
2,456 Sq Ft
$2,830 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • Porch
  • Garden
  • Deck

About This Home

Quintessential Nantucket Cottage on Madaket Harbor.

Escape to the edge of the island in this classic 4-bedroom, 3-bath cottage perched directly on the tranquil shores of Madaket Harbor. Offering panoramic, unobstructed water views and direct access to a sandy beach, this is a rare coastal retreat where you can savor the very best of Nantucket's natural beauty and maritime lifestyle.
An ideal haven for boaters and outdoor enthusiasts, the property is a gateway to sailing, fishing, clamming, scalloping, and windsurfing - right from your doorstep. The harbor's calm waters are perfect for daily adventures or quiet sunset paddles.
Inside, the cottage is brimming with nautical character and timeless island charm. Thoughtful details throughout, weathered wood accents, built-ins, and vintage maritime touches - celebrate the spirit of Nantucket's seafaring heritage while offering all the comforts of home.
Whether you're hosting summer gatherings on the deck, watching the boats drift by from the living room, or enjoying the harbor breezes and sunsets in a hammock, this is a place where memories are made - and where the ocean feels like part of the family.

Listing Agent

Gloria Grimshaw

William Raveis Nantucket Listed on: 07/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,567

Year Built

  • Built in 1960

Lot Details

  • Property Fronts a Bay or Harbor
  • Garden

Home Design

  • 2,456 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot B5
  • Assessor Parcel Number 191

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,567

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condominium
  • Road Frontage Type: Bay/Harbor
  • Garage Yn: No
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: 15459-D
  • Appliances: Stove: Frigidaire, Washer: Speed Queen
  • Has Basement: Crawl space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ins,Irr,OSh, Floor 1: The front covered porch leads into the main entry with cathedral ceiling and coat closet. To the right is a custom kitchen with breakfast counter that opens to the dining area and living room with a fireplace and vaulted ceiling. Glass sliders to a large deck offer unobstructed panoramic views of Madaket Harbor. Wet bar with small fridge, ice machine, and custom cabinets are a nice addition to the living room. Spacious family room (or first floor primary suite) with numerous built-ins and full bath with shower and door to access the outdoor shower. The screened porch off the family room opens to the deck providing fabulous water vistas. Two guest bedrooms, a hall bath with shower and ample hall closet which houses the laundry with storage shelves complete the first floor., Floor 2: Spacious loft with sitting/office area overlooks the living room and offers views of the harbor and creeks. Closet containing the gas furnace and hot water heater. Primary bedroom with glass doors to a private balcony overlooking Madaket Harbor. Numerous built-ins as well as a window seat, closet and storage areas. Private bath with shower.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: This free standing condominium is subject to the Master Deed of Little Neck Way Condominium. 3 Little Neck Way has a 30 day Right of First Refusal., Yes
  • Pool Private: No
  • View: Hbr, Hrb
  • Exterior Features: Garden, Deck, Porch
  • Foundation Details: Concrete
  • Other Structures: Two detached storage sheds.

Garage/Parking

  • Parking Features: Yes

Utilities

  • Heating: GFHW
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Green Features

Lot Info

  • Parcel #: 191
  • Zoning: VR

Multi Family

Tax Info

  • Tax Annual Amount: 19567
  • Tax Lot: B5
  • Tax Map Number: 38
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Price Changed $6,950,000 -12.0% $2,830 / Sq Ft
07/21/2025 07/21/25 For Sale $7,895,000 -- $3,215 / Sq Ft
Source: LINK

Source: LINK

MLS Number: 92452

Massachusetts Nantucket County Nantucket 02554

1 Little Neck Way Unit 1, Nantucket, MA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Listing Agent
Gloria Grimshaw
Section Image
William Raveis Nantucket
(508) 684-2877