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JPFCO

Nantucket Real Estate Updates

May 15, 2017       Issue: 358

J Pepper Frazier Company
Aerial Pine Street Views
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Town
$4,945,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

GROUND NOTES FROM DALTON
  We Ride...

There are indefinite, unlimited reasons why to rock the Rock. Two important ones are - shhhhhh - the tax rate, aka the mil rate, is among the lowest in the country. 1mm assessment, 3.65k tax - not bad. And the other - shhhhhhhhh- for a vacation home, you can claim to the Feds, no tax owed for total rentals of 14 days or less. Two-week, tax-free income.

Feel free to talk.
 
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LET'S MAKE IT HAPPEN WITH PEPPER II
  IRS and Wine, Let's Make it Happen

Sun is shining, the weather is sweet and the wine is neat. Making it happen the JPFCO way. The other day we did a another deal. The Seller wasn't really a Seller but became one because we make it happen. The Seller did not want to pay the IRS in one lump sum. Time to make it happen. We come up with an installment plan for the Seller and closed another deal.
Enjoy Wine Fest!!!
 
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RENTAL MARKET UPDATE
  Spring Nantucket Events

Our Gray Lady island will soon transcend gray skies and rain to welcoming, warm sunny afternoons full of activities and fun for all ages.

Nantucket Wine Festival kicks off this week (May 17-21) with world class wines and award winning food. Come taste, learn and indulge at an array of spectacular events that offer an incredible range of experiences at what has become one of the most celebrated wine and food events in the country.

Next up is Nantucket's Figawi Regatta (May 27-29), Official kick-off to summer! This annual charity event takes Nantucket from 0 to 30 knots every Memorial Day weekend! Enjoy fresh and excited island energy, the charity ball and clambakes galore!

Once the sand settles after Memorial weekend celebrations, make reservations for spring restaurant week (June 5-11). Savor superlative culinary tradition on Nantucket, visit old favorites or try somewhere new; Nantucket restaurants will be offering 3-5 course dinners from $35-$45. Bon Appetit!

Rounding up June is the Nantucket Film Festival - June 21-26. This major summer highlight in its 19th year features cutting edge films, unique signature programs, readings, and celebrity guests. With a unique focus on the screenwriter, the NFF has become one of the premiere destination film festivals in the world.
 
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FEATURED LISTING
8 Lavendar Lane $13,995,000

Stunning 280 degree panoramic and unobstructed water views of Madaket Harbor, the Atlantic Ocean, Nantucket Sound, Smith's Point, Tuckernuck, Muskeget and Martha's Vineyard islands can be enjoyed from this quintessential Eel Point location. The House and Cottage sit on 5.5 acres and have direct beach paths, over rolling sand dunes, over conservation lands to some of the island's most ideal beaches for sunbathing and boating. The builder-friendly parcel has an abundance of room to renovate and expand existing dwellings or develop a new compound with house, cottage, pool, tennis court and more. This is a one of a kind heirloom property and presents a discriminating Buyer the opportunity to create an an amazing compound with ultimate privacy and abutting Nantucket Conservation Foundation lands. Current owner has 2 moorings, one in Nantucket Sound and one in Madaket Harbor. This is truly a blue chip property by any geographical Real Estate standards.
  8 Lavendar Lane 
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NANTUCKET REAL ESTATE NEWSWIRE
» Nantucket Wine Festival
» Nantucket Seals
» Nantucket NRTA/The Wave Starts
» John Shea's 'Grey Lady' Gets Theatrical Release
 

NOTES FROM PEPPER THE ELDER
  Musings

Well, every now and then the traffic goes in the right direction. In this case it's John "Horse Puss" Kerry hooking up his 'ol horse and buggy and clippity-clopping out of Dodge. At least that's the plan, but given his sheer ineptitude, the wheels could come off at any time. No more having to put up with Him waiting in line at Deluca's and bleating out in his best stentorian manner: "Do you know who I am?" Of course we know who you are, John, and that's the problem. You are a preposterously grand-standing "horse's ass" who has been consistent all his life. To wit: Greenvale, Fessenden, St. Paul's and Yale. I just hope that at this time next year, he'll be somebody else's problem; preferably Somolia's.
 
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One of the oldest and most experienced nantucket real estate
JPFCO | 19 Centre Street Nantucket, MA 02554

Call Us: (508) 228-3202