$1,250,000
SOLD NOV 3, 2021

27 Cato Ln Nantucket, MA 02554

0.51 Acre
$2,450,980 Price per Acre
22,216 Sq Ft Lot

Recently Sold

14% Above List Price

160 Days on Market

About This Lot

As of March 2025

27 Cato Lane is a beautiful and lush 1/2 acre lot located in a highly desirable neighborhood just south of town. Located in R-20 zoning, the ground coverage equals 12.5% which equivocates to approximately 2,700 square feet on the ground.This premier lot is located on a quiet country lane and with land at a premium represents a solid buy. This treed lined residential neighborhood presents a terrific venue either for year round usage or as an investment property. The gold standard of town water and town sewer is available for tie in. Access for town water tie access is on the same side street/frontage onto Cato Lane.Town Sewer tie in also runs in front on Cato Lane albeit on the opposite side of the street......AND/OR you can tie into town sewer via the rear of the lot abutting Robert's Lane( dirt road) that runs behind the lot! Ten acres of conservation land are nearby which is an added bonus for a permanent visual appeal. Hiawasse Lane is two lots down and the last residential property to sell there was in December, 2020 at $ 2,395,000 to give one an idea of the potential at hand. Property is currently being scheduled to be staked and tagged. Owner prefers a November 1,2021 closing and will cooperate with signage to line up permits for a seamless transition November 1st, 2021.Various buildout scenarios such as a full basement/main house inclusive of first and second floor with a guest cottage or your dream home coexisting with a garage and living space above. In addition,open decks do not take away from the existing footprint and are an excellent way to enhance your outdoor living space. Now is the time for pen to meet paper for rendering your future home.

Last Agent to Sell the Property

Paula Maloney

William Raveis Nantucket Listed on: 04/26/2021

Last Buyer's Agent

William Maier

Maury People Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,145

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R20

Listing and Financial Details

  • Tax Lot 4 and 5
  • Assessor Parcel Number 118

Property Details

Property Type

Land

Est. Annual Taxes

$2,145

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.51
  • Special Features: None

Interior Features

  • Possible Use: 189

Exterior Features

  • Pool Private: No
  • View: None, Res

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 22215
  • Parcel #: 118
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 2145
  • Tax Lot: 4 and 5
  • Tax Map Number: 55
  • Tax Other Annual Assessment Amount: 591000
  • Tax Year: 2021

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $3,595,695 +187.7% --
11/03/2021 11/03/21 Sold $1,250,000 +13.6% --
10/04/2021 10/04/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,100,000 -- --
Source: LINK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nantucket CompLINK

    LINK Listing Information Network

    428 in this area

    429 Total Sales

    Nantucket CompLINK
    Section Image

  • P

    Seller's Agent in 2021

    Paula Maloney

    William Raveis Nantucket

    (508) 332-8412

    13 Total Sales

    Paula Maloney
    Section Image

  • W

    Buyer's Agent in 2021

    William Maier

    Maury People Sotheby's International Realty

    (978) 697-3069

    20 in this area

    20 Total Sales

    William Maier
    Section Image
See All Agents

Map

Source: LINK

MLS Number: 88251

Massachusetts Nantucket County Nantucket 02554

27 Cato Ln, Nantucket, MA

This home is located at 27 Cato Ln, Nantucket, MA 02554 and is currently priced at $1,250,000. 27 Cato Ln 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.

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