CCertihomes
41 Jefferson Ave, Nantucket, MA 02554

$29,975,000

10 beds 11 baths 7,210 sqft Built 1930682 days on marketActive

About this home

A versatile property with some of the best views and one of the nicest beaches anywhere, this sprawling .94-acre Cliff Beach resort compound is a Nantucket landmark. Originally developed as a private beach club in the 1930s, the property includes a recently constructed, four-unit main beach house, two stand-alone cottages, two garages, an entry courtyard/garden and a large Belgian-block parking area. Less than a mile from the center of town in the tony Cliffside neighborhood adjacent to the Beach Club, the compound is part of the only residential/commercial (R/C) zoned property on Nantucket’s entire North Shore. Potential uses include; a spectacular residential compound, a luxury boutique hotel, an exclusive private club, a joint venture with other Island accommodation businesses offering the private bathing beach and large beachfront residences that they lack, or a condominium conversion... just to name a few. Significantly the property is not in a FEMA Special Flood Hazard Area.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$165,615/mo

Real estate (PITI + HOA + PMI)
$176,326
Principal + interest$135,950
Property tax + insurance$29,135
PMI / 2nd mortgage$11,241
Utilities
$657
Heating + cooling$173
Internet + TV + phone$157
Water + sewer + garbage$52
Transportation
$98
Car insurance + maintenance$98
Other (entertainment)
$157
$165,615/mo TLC
Budget$166,115/mo
Remaining after TLC$500/mo
Purchase price
$29,975,000
Down payment
$1,498,750 (5%)
Loan amount
$28,476,250
APR
4%

Quick facts

Type
Single Family Residence
Style
Other (See Remarks)
Year built
1930
Lot size
0.94 ac
Stories
0
Heating
Central, Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$25,964
MLS #
72982271
County
Nantucket

At a glance

Air conditioning
Fireplace
Garage (2)
Waterfront

Home features

Flooring
Wood, Marble
Sewer
Public Sewer

Neighborhood — 02554

MetricThis ZIPCountyUSA
Population10,6276,444,931299,088,112
Population Change Since199077.00%7.00%20.00%
Population Density190786
Male5,4643,127,134147,432,321
Female5,1633,317,797151,655,844
Never Married2,9861,612,88563,775,926
Married3,9462,586,314123,120,365
Separated413247,85712,639,686
Widowed393363,59415,467,586
Divorced1,070436,88823,075,029
Number Of House Hold3,3952,431,591111,826,380
Average House Hold Size2.912.562.60
Medial Age37.5337.2535.46
Median House Hold Income$65,508$57,698$48,276
Average House Hold Income$86,582$75,023$63,629
P C I$29,475$29,196$24,529
M D I$54,192$48,105$41,133
A T H E$63,297$57,083$50,898
S T R5.00%5.00%
W C J79.92%81.38%77.74%
(Zip) Code
2554

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Listing information last refreshed 5/16/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.