$3,649,000
$250K PRICE DROP

505 Commercial St Provincetown, MA 02657

Estimated payment $21,666/month

Total Views 10,148
2 Beds
3.5 Baths
3,572 Sq Ft
$1,022 Price per Sq Ft

Highlights

  • Scenic Views
  • Colonial Architecture
  • No HOA
  • Waterfront
  • 1 Fireplace
  • Forced Air Heating System

About This Home

Built in 1963 by artists Pat and Nanno de Groot, this iconic East End waterfront home is a true reflection of Old Provincetown. Spread across three levels, the interior showcases original wood from floor to ceiling, anchored by a wood-burning fireplace that adds warmth and soul. Legally a two-family property, it includes two studio spaces in addition to the main living area—offering flexibility for guests, creative use, or rental income. Set on one of the largest front yards in town, the home's outdoor spaces are just as remarkable. A whimsical garden nods to its artistic heritage, while a nearly 1,000 sq.ft. waterfront deck provides rare and expansive space for outdoor living. With three decks in total, direct beach access, and panoramic water views that are uniquely breathtaking—even by Provincetown standards—this is a timeless and truly singular retreat. The property awaits its next chapter—ready to be reimagined.

Listing Agent

Isi Georgiev

Gibson Sotheby's International Realty Listed on: 04/11/2025

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,157

Year Built

  • Built in 1962

Lot Details

  • 8,330 Sq Ft Lot
  • Waterfront
  • Property is zoned Res3

Parking

  • 2 Car Parking Spaces

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 3,572 Sq Ft Home
  • 1 Fireplace
  • Scenic Vista Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M:151 P:16,2370717

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,157

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1962
  • Year Built Details: Actual
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Above Grade Finished Sq Ft: 3572
  • Living Area: 3572
  • Spa YN: No
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 1021.56
  • PRICE PER Sq Ft: 1021.56

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Bay, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:151 P:16,2370717
  • Zoning: Res3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8330
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 229

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 18157
  • Tax Book Number: 34084

Multi Family

  • Basement Included Sq Ft: No

Map

Range of Values:

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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 $18,157 $3,242,400 $2,112,800 $1,129,600
2024 $17,949 $3,216,600 $2,013,400 $1,203,200
2023 $17,381 $2,906,500 $1,751,100 $1,155,400
2022 $17,869 $2,683,100 $1,636,500 $1,046,600
2021 $15,754 $2,225,200 $1,487,800 $737,400
2020 $14,398 $2,174,900 $1,474,400 $700,500
2019 $15,906 $2,253,000 $1,431,500 $821,500
2018 $15,923 $2,137,300 $1,431,500 $705,800
2017 $16,561 $2,148,000 $1,488,400 $659,600
2016 $15,983 $2,049,100 $1,447,300 $601,800
2015 $14,974 $2,029,000 $1,418,800 $610,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $3,649,000 -6.4% $1,022 / Sq Ft
04/11/2025 04/11/25 For Sale $3,899,000 +44.4% $1,092 / Sq Ft
05/06/2021 05/06/21 Sold $2,700,000 -12.9% $756 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $3,100,000 +48.0% $868 / Sq Ft
09/28/2018 09/28/18 Sold $2,095,000 0.0% $587 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $2,095,000 -- $587 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $2,700,000 None Available
Not Resolvable $2,095,000 --
Deed $6,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,160,000 Purchase Money Mortgage
Closed $2,160,000 Purchase Money Mortgage
Previous Owner $150,000 Unknown
Previous Owner $92,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73359077

MLS Property Information Network (MLS PIN)

APN: PROV-000015-000001-000016