$13,250,000

1 Reeds Way Nantucket, MA 02564

Estimated payment $75,621/month

Total Views 20,248
6 Beds
5 Baths
3,676 Sq Ft
$3,604 Price per Sq Ft

Highlights

  • Ocean Front
  • Deck
  • Porch
  • Spa
  • Furnished
  • Patio

About This Home

Available for only the second time in 50 years, this special oceanfront property boasts 6-bedrooms and 5-bathrooms. Panoramic water views include the stunning Atlantic and Tom Nevers Pond. Newly renovated and set on almost 3 acres, accommodate 20 family and friends for special gatherings at this timeless estate.

Enjoy direct access to your private beach, where custom stairs lead you down to the sand and surf. The outdoor spaces are ideal for relaxation and entertaining, featuring a brand-new pool, a cabana, a hot tub, and an inviting outdoor kitchen complete with a grill and bar area. Two outdoor showers add convenience, making it easy to transition from beach day to evening gatherings.

This property offers endless possibilities to personalize your surroundings, making it the perfect place to craft the Nantucket home you've always envisioned. Whether you're hosting friends and family or simply enjoying the peaceful coastal environment, 1 Reeds Way provides the ideal setting for your exclusive island lifestyle. Available for showing by Appointment Only

Last Listed By

Marybeth Gilmartin-Baugher

Compass MA LLC Listed on: 08/25/2024

Compass MA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,146

Year Built

  • Built in 1979

Lot Details

  • 2.78 Acre Lot
  • Ocean Front
  • Property is zoned LUG3

Interior Spaces

  • 3,676 Sq Ft Home
  • Furnished
  • Ocean Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 902
  • Assessor Parcel Number 319

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,146

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 2.78
  • Garage Yn: No
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Stove: Wolf Electric, Washer: 2 x Maytag
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: A,AC,Ins,Irr,OSh

Exterior Features

  • Lot Features: See Deed, Large- expansive lawn to beach
  • Pool Private: No
  • View: Ocean
  • Exterior Features: H/Tub, Patio, Porch, Deck, P/Pool
  • Foundation Details: Concrete Block
  • Other Structures: Brand New Cabana w/ all new plumbing, electric, flooring & shiplap next to new outdoor Kitchen

Garage/Parking

  • Parking Features: Yes shell driveway

Utilities

  • Heating: GFHA
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 121096
  • Parcel #: 319
  • Zoning: LUG3

Green Features

Multi Family

Tax Info

  • Tax Lot: 902
  • Tax Map Number: 92.4
  • Tax Other Annual Assessment Amount: 3722800
  • Tax Year: 2024

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,146 $5,837,100 $3,722,800 $2,114,300
2024 $18,270 $5,837,100 $3,722,800 $2,114,300
2023 $15,777 $4,914,800 $3,547,300 $1,367,500
2022 $16,700 $4,465,300 $3,105,100 $1,360,200
2021 $15,702 $4,325,700 $3,105,100 $1,220,600
2020 $12,937 $3,749,800 $2,513,600 $1,236,200
2019 $12,589 $3,746,800 $2,510,600 $1,236,200
2018 $12,188 $3,452,700 $2,507,500 $945,200
2017 $10,888 $3,211,700 $2,396,900 $814,800
2016 $9,492 $2,825,100 $2,028,200 $796,900
2015 $9,325 $2,583,000 $1,857,700 $725,300
2014 $9,712 $2,583,000 $1,857,700 $725,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2024 08/25/24 For Sale $13,250,000 -- $3,604 / Sq Ft
Source: LINK

Purchase History

Date Type Sale Price Title Company
Land Court Massachusetts -- --
Land Court Massachusetts -- --
Land Court Massachusetts -- --
Land Court Massachusetts -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 No Value Available
Open $100,000 No Value Available
Open $2,620,000 No Value Available
Closed $3,500,000 No Value Available
Closed $3,000,000 No Value Available
Previous Owner $2,045,000 Purchase Money Mortgage
Previous Owner $2,000,000 Purchase Money Mortgage
Previous Owner $630,000 No Value Available
Source: Public Records

Similar Homes in Nantucket, MA

  • 20 N Pasture Ln, Nantucket, MA 02554

    $11,995,000

    • 5 Beds
    • 4.5 Baths
    • 3,344 Sq Ft
    • 20 N Pasture Ln
    • Nantucket, MA

    Welcome to 20 North Pasture Lane, a stunningly reimagined estate nestled in the serene Polpis area of Nantucket. Set on 2.75 acres bordering conservation land, this beautifully renovated home offers views of Polpis Harbor and the quiet privacy of one of the island’s most peaceful neighborhoods. In 2024, the property underwent a full, top-to-bottom renovation, enhancing every inch with thoughtful

    Morgan Winn Maury People Sotheby's International Realty

    Section Image
  • 113 Eel Point Rd, Nantucket, MA 02554

    $17,750,000

    • 6 Beds
    • 5.5 Baths
    • 4,299 Sq Ft
    • 113 Eel Point Rd
    • Nantucket, MA

    Welcome to your dream beachfront home! This stunning property features an expansive open-concept living space that seamlessly integrates the kitchen, dining, and living areas, perfect for both entertaining and relaxing. Elegant French doors open to a generous patio with direct access to a private walkway leading to the beach, offering unparalleled views and immediate access to the oceanfront. The

    Morgan Winn Maury People Sotheby's International Realty

    Section Image
  • 24 Nonantum Ave, Nantucket, MA 02554

    $12,495,000

    • 4 Beds
    • 6 Baths
    • 4,155 Sq Ft
    • 24 Nonantum Ave
    • Nantucket, MA

    Surfside Family Compound: A Generational Buying Opportunity. Prime A+ Location—Only 200 steps from gorgeous Surfside Beach. This custom built home boasts 4 spacious bedrooms and 6 luxurious bathrooms, offering ample room for family and guests. The stunning private, manicured backyard features a large pool, providing an ideal setting for relaxation and entertaining. Expansive grand room upstairs

    J Pepper Frazier II J Pepper Frazier Co.

    Section Image
  • 9 Pleasant St, Nantucket, MA 02554

    $11,995,000

    • 5 Beds
    • 4.5 Baths
    • 5,301 Sq Ft
    • 9 Pleasant St
    • Nantucket, MA

    Stunning and meticulously maintained five-bedroom home on a significantly oversized lot just off Main Street. This proper antique with alluring curb appeal has been fully restored from bottom to top, offering four finished floors of impeccable curation, warm and welcoming spaces for entertaining both inside and out, a state-of-the-art, multi-zoned geothermal heating and cooling system, and

    Nicole Bousquet Great Point Properties

    Section Image
  • 5 Cudweed Rd, Nantucket, MA 02554

    $14,750,000

    • 5 Beds
    • 4.5 Baths
    • 3,491 Sq Ft
    • 5 Cudweed Rd
    • Nantucket, MA

    "Belvedere", where privacy, panoramic views, and the backdrop of the Atlantic Ocean are forever preserved. This sophisticated five-bedroom home offers unmatched seclusion in the Smooth Hummocks area, just 2 miles west of Downtown Nantucket. The south-facing lot is uniquely positioned abutting over 100 acres of conservation land, yet just a stone's throw to some of Nantucket's most beloved

    Bernadette Meyer Maury People Sotheby's International Realty

    Section Image
  • 11 Eel Point Rd, Nantucket, MA 02554

    $12,500,000

    • 6 Beds
    • 6.5 Baths
    • 7,968 Sq Ft
    • 11 Eel Point Rd
    • Nantucket, MA

    As you pass through the allée created by the canopy of mature cherry trees over the winding shell driveway and through the electric gates, you will arrive at this private, estate-like home located in one of the most coveted areas on Nantucket. Completely and tastefully renovated from the ground up in 2025, this exceptional property includes the large main residence with an exceptional floor plan

    J Pepper Frazier II J Pepper Frazier Co.

    Section Image
See All Homes in Nantucket

Source: LINK

MLS Number: 91596

APN: NANT-000-924-000-000-0003-19-000-000

Massachusetts Nantucket County Nantucket 02554

1 Reeds Way, Nantucket, MA

This home is located at 1 Reeds Way, Nantucket, MA 02564 and is currently priced at $13,250,000, approximately $3,604 per square foot. This property was built in 1979. 1 Reeds Way is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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
Marybeth Gilmartin-Baugher
Listing Agent
Marybeth Gilmartin-Baugher
Section Image
Compass MA LLC
(508) 290-7790