NOT LISTED FOR SALE

141 Cliff Rd Nantucket, MA 02554

Estimated Value: $3,630,000 - $26,772,059

5 Beds
8 Baths
10,000 Sq Ft
$1,520/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $15,000,000 $1,500 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $89,475/month

134 Days on Market

Highlights

  • 2.54 Acre Lot
  • Deck
  • Patio
  • Pasture Views
  • Porch
  • Garden

About This Home

As of October 2016

This exceptional and impressive estate property is truly one of a kind. Discreetly nestled in the natural landscape on 2.5 acres, 141 Cliff Road offers one of the most extraordinary and rare waterfront settings on the Cliff. Bordering 68 acres of conservation land, this 10,000+ s.f. home, featured in the June 2007 issue of Architectural Digest magazine, exudes warmth, elegance and sophistication, and includes 300' of waterfront and private beach stairs. Three finished floors showcase the outstanding craftsmanship and attention to detail that went into creating this gracious home with five bedroom suites, formal living room with fireplace, dining room, dramatic cathedral kitchen with fireplace, large butler's pantry, wine tasting room, 500 bottle wine cellar, home theater/media room with 90" screen, and a dog bathing room. An elevator services all floors and each room has separate controllers for the Sonos entertainment system. The outside areas all offer water views and include spacious decking, stone patio with fireplace and grilling area, and a fenced in yard for children and dogs. A grassy path leads to a stone seating area and private beach stairs. There are two sheds, one designated solely for the Kohler generator which powers the entire house. The grandeur of the commanding and sweeping views can best be described as magnificent. You can watch all boating activity coming and going as well as enjoy magnificent Nantucket sunsets.

Last Agent to Sell the Property

Mimi Huber

Lee Real Estate Listed on: 05/09/2016

Last Buyer's Agent

Kathy Gallaher

Maury People Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,103

Year Built

  • Built in 2005

Lot Details

  • 2.54 Acre Lot
  • Garden
  • Property is zoned LUG2

Home Design

  • Stone Foundation

Interior Spaces

  • 10,000 Sq Ft Home
  • Pasture Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot #1, 2, 3, 21, 22, 23
  • Assessor Parcel Number 001007

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,103

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Snd
  • Lot Size Acres: 2.5374
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: LC Plan 9455-C
  • Appliances: Stove: Wolf six burner double oven with grill, Washer: KitchenAid
  • Has Basement: This beautiful walk out level with water views offers three bedrooms, a home theater/media room with a 90" screen and a new JVC D-ILA projector, a wine tasting room with wet bar with copper counters, copper sink and a fridge with ice maker, a 500+ bottle wine cellar, a substantial laundry room with tile counters, drip dry area and storage cabinets and a mudroom with dog shower and exterior access to the yard, gardens, stone patio and beach path. This level features beautiful rustic brick floors in the main hallway and wine tasting room. The suites include a spacious bedroom with ensuite bath with tumbled stone tiled steam shower, wet bar with sink and small refrigerator, a bedroom with a private ensuite bath with tiled stall shower and clawfoot bathtub, and French doors leading out to the screened porch and another bedroom with a fireplace, powder room and French doors leading to the screened porch.
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: 5
  • Fireplace: No
  • Flooring: Reclaimed antique pine, tile, brick
  • Interior Amenities: A,AC,Ins,Irr, Floor 1: The beautiful covered porch leads into the impressive entry foyer with decorative painted floors. The formal living room is warmed by a beautiful fireplace with custom wood paneled surround, reclaimed wood beams, built-in bookcases and French doors leading to one of three ocean facing decks. The formal dining room is surrounded by windows and looks out over the property towards the water. To the right of the entry is the extraordinary and dramatic cathedral kitchen with decorative painted floors, butcher block island, a dining/sitting area with fireplace, top of the line appliances, including two full size Sub-Zero refrigerator/freezers & a Wolf 6 burner stove with double ovens and grill, custom cabinetry, and reclaimed antique wood beams. French doors lead out to a side deck. The butler's pantry has custom cabinetry and shelving and offers plenty of storage, an additional Sub-Zero refrigerator/freezer and ice maker. To the left of the main entry is a striking two story king bedroom suite with fireplace, reclaimed antique wood beams, 65" TV, dry bar with refrigerator and French doors leading out to two decks. The full bath features a large tumbled stone shower. Completing this level is a spacious mud room with bench seat and closet storage, a powder room, and access to the attached two car garage and media mechanical closets., Floor 2: The extraordinary master suite encompasses the entire second floor. The master bedroom features a beautiful fireplace with custom wood paneled surround with a separate seating area overlooking Nantucket Sound. "His" bathroom features a large walk-in closet, a spacious tile steam shower and separate water closet with additional storage, a sitting area and TV. "Her" bathroom features an oversized tiled steam shower, a separate jetted bathtub overlooking the Sound, a private water closet with toilet and bidet, and a built-in sofa bench and TV. Two closets/dressing rooms are off the bath and feature multiple built-ins, including a vanity table, dressers and glass fronted storage cabinets., Floor 3: A staircase leads to the easily accessible roof walk which offers panoramic views of Nantucket Sound and the island in all directions.
  • Main Level Bedrooms: 1

Exterior Features

  • Lot Features: Utility easements, Con Com Order of Conditions, Expansive
  • Pool Private: No
  • View: Snd, Pasture
  • Exterior Features: Deck, Garden, Patio, Porch
  • Foundation Details: Stone
  • Other Structures: Two sheds

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 110530
  • Parcel #: 001007
  • Zoning: LUG2

Tax Info

  • Tax Annual Amount: 49102.77
  • Tax Lot: #1, 2, 3, 21, 22, 23
  • Tax Map Number: 30
  • Tax Other Annual Assessment Amount: 10773500
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Rabil Albert and Rabil Tamara L
Bought by
Acktualized Llc
Current Estimated Value
$15,201,030

Purchase Details

Listed on
May 9, 2016
Closed on
Oct 21, 2016
Sold by
Cosay Gary and Cosay Healy C
Bought by
Rabil 3Rd Albert and Rabil Tamara L
Seller's Agent
Mimi Huber
Lee Real Estate
Buyer's Agent
Kathy Gallaher
Maury People Sotheby's International Realty
List Price
$19,950,000
Sold Price
$15,000,000
Premium/Discount to List
-$4,950,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$10,000,000
Interest Rate
3.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2008
Sold by
Cosay Healy C
Bought by
Cosay Ft

Purchase Details

Closed on
Oct 11, 2000
Sold by
Virginia Giese Decl Tr
Bought by
Cosay Gary and Cosay Healy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Acktualized Llc -- None Available
Acktualized Llc -- None Available
Rabil 3Rd Albert $15,000,000 --
Cosay Ft -- --
Cosay Gary $5,500,000 --
Cosay Ft -- --
Cosay Gary $5,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rabil Albert $16,750,000
Previous Owner Rabil Albert $12,910,431
Previous Owner Rabil Albert $13,000,000
Previous Owner Rabil 3Rd Albert $2,000,000
Previous Owner Rabil 3Rd Albert $10,000,000
Previous Owner Cosay Gary $1,500,000
Previous Owner Cosay Gary $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $15,000,000 -24.8% $1,500 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $19,950,000 -- $1,995 / Sq Ft
Source: LINK

Tax History Compared to Growth

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 $81,715 $24,913,100 $15,564,200 $9,348,900
2024 $76,739 $24,517,200 $15,852,500 $8,664,700
2023 $68,980 $21,489,200 $15,139,300 $6,349,900
2022 $74,140 $19,823,500 $13,931,800 $5,891,700
2021 $61,845 $17,037,200 $11,145,500 $5,891,700
2020 $62,619 $18,150,500 $12,074,200 $6,076,300
2019 $63,868 $19,008,400 $11,627,000 $7,381,400
2018 $64,377 $18,237,000 $11,179,900 $7,057,100
2017 $60,762 $17,924,000 $10,866,900 $7,057,100
2016 $48,767 $14,514,100 $10,732,700 $3,781,400
2015 $30,304 $8,394,500 $4,585,300 $3,809,200
2014 $28,104 $7,474,600 $4,307,400 $3,167,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mimi Huber

    Lee Real Estate

    (508) 325-2073

    18 in this area

    18 Total Sales

    Mimi Huber
    Section Image

  • K

    Buyer's Agent in 2016

    Kathy Gallaher

    Maury People Sotheby's International Realty

    (508) 560-0078

    58 in this area

    58 Total Sales

    Kathy Gallaher
    Section Image
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Map

Source: LINK

MLS Number: 81875

APN: NANT-000-030-000-000-0000-01-000-000

Massachusetts Nantucket County Nantucket 02554

141 Cliff Rd, Nantucket, MA

This home is located at 141 Cliff Rd, Nantucket, MA 02554 since 09 May 2016 and is currently estimated at $15,201,030, approximately $1,520 per square foot. This property was built in 2005. 141 Cliff Rd is a home located in Nantucket County with nearby schools including Nantucket Elementary School, Cyrus Peirce Middle School, and Nantucket High School.

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