$2,700,000
SOLD OCT 8, 2024

74 Madaket Rd Nantucket, MA 02554

1.84 Acres
$1,467,391 Price per Acre
80,150 Sq Ft Lot

Recently Sold

66 Days on Market

About This Lot

As of October 2024

This exceptional 1.84 acre property is nestled less than a mile away from the bustling heart of Main Street, Nantucket, renowned as "America's most beautiful small-town street." Boasting an excellent elevation and a clear site, the property has received approval for an 8-bedroom septic design. The engineering work is complete, the order of conditions and Conservation Commission NOI have been issued for the development of a 3,000-square-foot footprint and a pool.

With picturesque protected pastoral views to the north and south, the property overlooks the birthplace of Benjamin Franklin's mother, Abiah Folger, who was born on Madaket Road in 1667. Her father, Peter Folger, played a significant role in Nantucket's early settlement and development. He was among fourteen tradesmen invited by the original proprietors to settle on the island and contribute their designated trades in exchange for a half-share of Nantucket.

Situated along the Madaket bike path, the property provides easy access to Nantucket's natural beauty, including numerous nearby conservation areas. It's also conveniently located just .4 miles from Westmoor Club. Immerse yourself in America's and Nantucket's rich history while creating your own family legacy in this extraordinary location.

Last Agent to Sell the Property

Brian Sullivan

Fisher Real Estate Listed on: 06/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,094

Lot Details

  • 1.84 Acre Lot
  • Property is zoned LUG2

Additional Features

  • Pasture Views
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20 and 25
  • Assessor Parcel Number 810

Property Details

Property Type

Land

Est. Annual Taxes

$4,094

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 1.84
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Possible Use: 14869-L and 14869-M

Exterior Features

  • Lot Features: See Deed Cert 25704. Bike path, utility easements.
  • Pool Private: No
  • View: None, Pasture

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 80150
  • Parcel #: 810
  • Zoning: LUG2

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4094
  • Tax Lot: 20 and 25
  • Tax Map Number: 41
  • Tax Other Annual Assessment Amount: 1359500
  • Tax Year: 2024

Range of Values:

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Average Value
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List 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
10/08/2024 10/08/24 Sold $2,700,000 +0.2% --
08/12/2024 08/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $2,695,000 +187.5% --
08/12/2015 08/12/15 Sold $937,500 -5.8% --
07/13/2015 07/13/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $995,000 -- --
Source: LINK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Sullivan

    Seller's Agent in 2024

    Brian Sullivan

    Fisher Real Estate

    (508) 414-1878

    90 in this area

    90 Total Sales

    Section Image

  • D

    Seller's Agent in 2015

    Dalton Frazier

    J Pepper Frazier Co.

    (508) 360-6517

    84 in this area

    86 Total Sales

    Section Image
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Map

Source: LINK

MLS Number: 91316

Massachusetts Nantucket County Nantucket 02554

74 Madaket Rd, Nantucket, MA

This home is located at 74 Madaket Rd, Nantucket, MA 02554 and is currently priced at $2,700,000. 74 Madaket Rd 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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