1 Reeds Way Nantucket, MA 02564
Nantucket AreaEstimated payment $48,542/month
Highlights
- Ocean Front
- 2.78 Acre Lot
- Furnished
- Spa
- Deck
- Porch
About This Home
A once in a life time opportunity to own this extraordinary six-bedroom, five-bathroom residence on nearly three acres of premier oceanfront, rising 45 feet above sea level with expansive decks soaring to approximately 65 feet. The result: uninterrupted, panoramic views of the Atlantic—capturing the island’s most breathtaking sunrises and sunsets from dawn to dusk. In 2025, the property underwent a comprehensive transformation, blending timeless Nantucket character with modern luxury. Upgrades include a new cedar roof and shingles, refreshed trim and exterior lighting, extended decking, high-efficiency heating and hot water systems, updated interior electrical, and beautifully reimagined landscaping with retaining walls and expanded lawns. The resort-caliber outdoor amenities are designed for both relaxation and entertaining: 18' x 36' heated pool, hot tub, outdoor kitchen, twin outdoor showers, and a brand-new poolside cabana with full basement. Custom-designed easy sloping stairs provide direct access to the beach, creating seamless transitions from ocean swims to gatherings on elevated terraces. Move-in ready today yet offering abundant potential for personalization, this is a rare opportunity to own one of Nantucket’s most elevated and inspiring oceanfront settings.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,710
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
- Basement
Bedrooms and Bathrooms
- 6 Main Level 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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Price Changed | $8,500,000 | -2.9% | $2,312 / Sq Ft |
| 07/10/2026 07/10/26 | Price Changed | $8,750,000 | -2.7% | $2,380 / Sq Ft |
| 03/21/2026 03/21/26 | Price Changed | $8,995,000 | 0.0% | $2,447 / Sq Ft |
| 03/21/2026 03/21/26 | For Sale | $8,995,000 | -10.0% | $2,447 / Sq Ft |
| 12/30/2025 12/30/25 | Off Market | $9,995,000 | -- | -- |
| 09/06/2025 09/06/25 | For Sale | $9,995,000 | -- | $2,719 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Court Massachusetts | -- | -- | |
| Land Court Massachusetts | -- | -- | |
| Land Court Massachusetts | -- | -- | |
| Land Court Massachusetts | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $10,000 | No Value Available | |
| Open | $100,000 | No Value Available | |
| Open | $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: LINK
MLS Number: 92590
APN: NANT-000-924-000-000-0003-19-000-000
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