171 Orange St, Nantucket, MA 02554
FOR SALE0.8 ACRES

171 Orange St
Nantucket, MA 02554

  • 5 Beds
  • 3 Baths
  • 2,771 sqft (on 0.80 acres)
  • 5 Beds
  • 3 Baths
  • 2,771 sqft (on 0.80 acres)

$10,500,000

Original price: $7,500,000
Est. Mortgage $58,749/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Potential 24-28 (?) units in CMI coming. LOCATION, LOCATION, LOCATION!!! High traffic location, walk to everything with town water and town sewer. Rare opportunity with harbor views over Nantucket Land Bank Property and multiple options for development. Existing antique farm house is included and sold "As Is". This lot is 34,679 SF can be purchased with adjoining lot at 167R Orange St (combined 47,179 +/-SF) to increase the potential for a major commercial development or multiple residential units. CMI zoning allows up to 1 apartment per 1,250 SF of lot area. Minimal Lot size in CMI is 5,000 SF.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$3,789
Listed
180+ days ago

Home Details for 171 Orange St

Interior Features

Interior Details
Basement: NoNumber of Rooms: 9
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Utilities: NoneAppliances: Stove: Yes
Heating & Cooling
Heating: None
Windows, Doors, Floors & Walls
Flooring: Antique Wood
Levels, Entrance, & Accessibility
Floors: Antique Wood
View
View: None, D/Hrb

Exterior Features

Exterior Home Features
Other Structures: 2 ShedsFoundation: StoneNo Private Pool
Parking & Garage
Parking: Yes
Frontage
Frontage Type: None
Water & Sewer
Sewer: Town

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1850
Property Type / Style
Property Type: Single Family HomeProperty Subtype: Single Family Residence
Property Information
Parcel Number: 292

Price & Status

Price
List Price: $10,500,000Price Per Sqft: $3,789

Active Status

MLS Status: A

Location

Direction & Address
City: Nantucket

Agent Information

Listing Agent
Listing ID: 90743

Building

Building Area
Building Area: 2771 Square Feet

Lot Information

Lot Area: 0.80 acres

Offer

Listing Agreement Type: E

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Transaction Broker Commission: 0
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 90743Water ViewWater View: Harbor
Last check for updates: about 13 hours ago
Listing courtesy of Robert Young
William Raveis Nantucket
Source: LINK, MLS#90743

Price History for 171 Orange St

DatePriceEventSource
01/13/2024$10,500,000PriceChange
LINK #90743
10/13/2023$7,500,000Listed For SaleLINK #90743

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Property Taxes and Assessment

Year2023
Tax$7,653
Assessment$2,384,100
Home facts updated by county records

Comparable Sales for 171 Orange St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.55
Single-Family Home
$2,150,000
04/17/24
4
3
1,824
0.48
Single-Family Home
$2,000,000
05/23/23
5
3
2,695
0.35
Single-Family Home
$1,600,000
12/08/23
4
3
2,050
0.33
Single-Family Home
$1,590,000
12/19/23
3
3
2,867
0.47
Single-Family Home
$9,542,000
11/17/23
4
3
2,806
0.61
Single-Family Home
$3,750,000
10/26/23
5
5
3,870
0.26
Single-Family Home
$1,800,000
07/11/23
5
2
1,404
0.71
Single-Family Home
$1,500,000
10/18/23
3
3
1,768
0.58
Single-Family Home
$1,720,000
07/20/23
7
3
3,111

What Locals Say about Nantucket

  • Diana D.
    "Adorable, quaint, small town vibe with shockingly many many off island connections on island.. Lovely island "
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  • Amy K.
    "4th July. Stroll tree lighting. Nantucket is a specialty place but I’m ignorant of it in the off season. "
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  • Ackstonepro
    "I think they will just love it. Here is a very nice place to leave people love animals help each other and the community is very United."
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  • Ackstonepro
    "I’ve lived in this neighborhood for over 10 years to love it I think is nice and quite and a good place to raise your kids in a safe environment "
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  • Meshelo
    "I’ve lived in Nantucket for 9 years and it’s a nice place to live , however the cost of living is outrageous...! !! Actually 497% above the national average.. the cost increases every day and is displacing locals on a regular basis.. it’s a huge problem that currently does not have a practical solution.."
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  • Frank C.
    "Wonderful vacation community. Been coming here for 40’years. On to the third generation. Hope to own one day. "
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  • Trulia User
    "It’s beautiful, quaint, pride of ownership shows, working people, wealthy people, and the amenities provided by the island give that sense of neighborhood feel"
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  • Dlarssonpt
    "Nantucket is very dog friendly community! Lots of public land for them to run...woods, fields, beaches. Even many of the stores welcome them...and leave water on the sidewalks for them. : )"
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  • Dlarssonpt
    "Ha! In the summer, better off riding a bike with all the crazy traffic. Off season...can't even call it a commute! "
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  • Jpt
    "It is close enough to town to walk in for dinner and drinks but far enough out to escape the worst of the traffic in town. "
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  • Surfin87
    "Ou area is quaint and extremely safe. Naushop is one of the best neighborhood’s to live in on Nantucket. "
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  • Prescott S.
    "It’s very private but it’s very close to town lots are large but property values haven’t gone crazy yet. Great spot to spend the summer and/fall. "
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LGBTQ Local Legal Protections

Robert Young, William Raveis Nantucket
All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
171 Orange St, Nantucket, MA 02554 is a 5 bedroom, 3 bathroom, 2,771 sqft single-family home built in 1850. This property is currently available for sale and was listed by LINK on Oct 13, 2023. The MLS # for this home is MLS# 90743.