NOT LISTED FOR SALE

3 Shawkemo Hills Ln Nantucket, MA 02554

Estimated Value: $6,945,000 - $7,701,000

5 Beds
5.5 Baths
5,188 Sq Ft
$1,431/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $6,550,000 $1,263 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $43,359/month

21 Days on Market

Highlights

  • Spa
  • Deck
  • Patio
  • Pasture Views
  • Porch
  • Garden

About This Home

As of January 2024

Follow the winding Belgian block drive to discover "Gracie's Mansion" at 3 Shawkemo Hills Lane. Set on nearly two and one half acres of manicured landscaping, gardens and mature surrounding vegetation for privacy and enjoyment, yet this exquisite property has close proximity to beaches, Nantucket Harbor and town. Modern and classic carpentry details are paired with a seamless and an open living concept. A gourmet kitchen with high-end appliances opens to the dining and living areas with cathedral ceilings, creating open, light filled space for entertaining. The house offers 5 bedrooms and 5.5 bathrooms, a oversized two car garage and finished lower lever, including a primary suite on the first and second floor. French doors lead out to the 32’ x 16’ pool and spa surrounded by a blue stone patio. This must-see property offers significant room for expansion.

Last Agent to Sell the Property

Peter Engen

Lee Real Estate Listed on: 09/28/2023

Last Buyer's Agent

Chris Kling

J Pepper Frazier Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,089

Year Built

  • Built in 1997

Lot Details

  • 2.43 Acre Lot
  • Garden
  • Property is zoned LUG3

Parking

  • Garage

Interior Spaces

  • 5,188 Sq Ft Home
  • Partially Furnished
  • Pasture Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 41

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,089

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: None
  • Lot Size Acres: 2.43
  • Garage Yn: Yes
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: Plan file 40-R
  • Appliances: Stove: GE & Thermador cooktop, Washer: Whirlpool
  • Has Basement: Full partially finished basement with a two car garage.
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Hard wood
  • Interior Amenities: A,AC,OSh, Floor 1: A grand, two-story foyer leads to four first-floor bedrooms. To the left is the spacious primary bedroom with a large en-suite bath & soaking tub. French doors open to a private deck overlooking the pool and spa. The middle bedroom, currently set up as an office, boasts an en suite bath with a tub and shower, and French doors open to the backyard. To the right, two guest bedrooms that also include en-suite bathrooms with tubs and showers, each with private decks. A large hall laundry room with new appliances and ample storage., Floor 2: At the top of the stairs, a sitting room offers views of the surrounding conservation land. To the left, the second primary bedroom suite with sitting room, double closets, a private bath, and French doors leading to a private terrace. The second floor has an open concept floor plan including the kitchen, living room and dining room. The living room features a gas fireplace flanked by bookcases and French doors to the deck. The dining room, also with a gas fireplace, flows seamlessly into to the gourmet kitchen with quartz countertops, high-end appliances, and an island.
  • Main Level Bedrooms: 4

Exterior Features

  • Lot Features: Expansive
  • Pool Private: No
  • View: D/Hbr, Pasture
  • Exterior Features: Deck, Garden, Patio, Porch, P/Pool, H/Tub
  • Foundation Details: Poured concrete

Garage/Parking

  • Parking Features: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 105850
  • Parcel #: 41
  • Zoning: LUG3

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 21089
  • Tax Lot: 8
  • Tax Map Number: 27
  • Tax Other Annual Assessment Amount: 2679100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2014
Sold by
Prince Charles O and Wolff Margaret L
Bought by
Wolffprince Nt and Prince
Current Estimated Value
$7,422,883

Purchase Details

Closed on
Sep 25, 2008
Sold by
Wilbur Ack Llc
Bought by
Prince Charles O and Wolff Margaret L

Purchase Details

Closed on
Aug 29, 2005
Sold by
Rose Clayton S and Rose Julianne H
Bought by
Wilbur Ack Llc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Nantucket Assoc Rt and Beaugrand Tr
Bought by
Rose Clayton S and Rose Julianne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1998
Sold by
Nantucket Assoc Rt and Beaugrand
Bought by
Pittsford Income Ptnrs

Purchase Details

Closed on
Dec 13, 1996
Sold by
Zydeco Inv Inc
Bought by
Nantucket Assoc Rt and Beaugrand
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Wolffprince Nt -- --
Wolffprince Nt -- --
Prince Charles O -- --
Prince Charles O -- --
Wilbur Ack Llc $4,600,000 --
Wilbur Ack Llc $4,600,000 --
Rose Clayton S $3,050,000 --
Rose Clayton S $3,050,000 --
Pittsford Income Ptnrs $700,000 --
Pittsford Income Ptnrs $700,000 --
Nantucket Assoc Rt $700,000 --
Nantucket Assoc Rt $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotto James R $3,500,000
Closed Cotto James R $3,500,000
Previous Owner Nantucket Assoc Rt $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $6,550,000 -5.4% $1,263 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $6,925,000 -- $1,335 / 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 $26,945 $8,215,000 $2,812,600 $5,402,400
2024 $23,796 $7,602,500 $2,812,600 $4,789,900
2023 $21,156 $6,590,500 $2,679,100 $3,911,400
2022 $20,634 $5,517,200 $2,232,400 $3,284,800
2021 $19,388 $5,341,000 $2,056,200 $3,284,800
2020 $18,820 $5,455,000 $2,056,200 $3,398,800
2019 $18,329 $5,455,000 $2,056,200 $3,398,800
2018 $18,459 $5,229,200 $2,056,200 $3,173,000
2017 $17,221 $5,080,000 $2,056,200 $3,023,800
2016 $14,884 $4,429,900 $1,997,400 $2,432,500
2015 $14,784 $4,095,300 $1,802,100 $2,293,200
2014 $13,133 $3,492,800 $1,585,800 $1,907,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Peter Engen

    Lee Real Estate

    (781) 710-1277

    33 Total Sales

    Peter Engen
    Section Image
  • Chris Kling

    Buyer's Agent in 2024

    Chris Kling

    J Pepper Frazier Co.

    (781) 254-2293

    48 Total Sales

    Chris Kling
    Section Image
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Map

Source: LINK

MLS Number: 90702

APN: NANT-000-027-000-000-0000-41-000-000

Massachusetts Nantucket County Nantucket 02554

3 Shawkemo Hills Ln, Nantucket, MA

This home is located at 3 Shawkemo Hills Ln, Nantucket, MA 02554 since 28 September 2023 and is currently estimated at $7,422,883, approximately $1,430 per square foot. This property was built in 1997. 3 Shawkemo Hills 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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