$1M + Market Review – Provincetown

Bullish year for $1M+ sales.

Year to date 27 $1M + properties have sold with an average selling price of $1.438M. This includes 6 condos and 21 single family properties. Last year only 12 properties sold year to date above $1M. Demand is high in this category and sales depend on quality inventory being available for sale.

Coincidently there are currently only 27 properties on there market over $1M with an average asking price of $1.942M. These include 18 singles family properties and 9 condos.

It has been a very interesting year so far as we slide into the fourth quarter. Condo sales in Provincetown have been strong – up 20% from last year while single family sales are even with last year.

Below are seven of my favorite $1M+ properties that have sold this year.

 

61 Commercial Street is a charming waterside house with three bedrooms three baths and 1,663 square feet. It includes a small attached apartment. It is one of my favorite houses in town as it is just one of those iconic Cape Houses that speak to the history and charm of Provincetown. It recently sold over asking for $1.572M with an asking price of $1.459M

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MLS COPY: Known as a ‘Floater’, this delightful 2 family West End antique is one of about 30 houses relocated from Long Point and floated across the bay circa mid 1800’s. It bears the blue and white ceramic tile depicting a house on a boat, reserved only for them. Upon entering, enjoy the flavor of this home with original wide pine floors and whitewashed beamed ceiling. The 1st floor has a welcoming LR w/wood burning FP, dining area, kitchen, BA w/ claw foot tub and spacious guest suite w/BR and comfortable sitting area. To the rear, is a south facing deck for relaxing in the sea breezes. Atop the stairs to the 2nd story, you are captivated by the panoramic views from Long Pt. to Wood End and more. There is a den/office, a water view deck, a 2nd FP, master BR and BA w/ a shower that beams with outside light. The exterior is graced by a white picket fence, brick walkways and lovely gardens. A cozy apartment w/separate entrance is attached. Beach access and offsite parking complete the offering.

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3 Telegraph Hill is a three bedroom four bath home with 3,289 square feet.  It is one of only 8 coveted homes on The Hill. It just sold for $1.752M with a list price of $1.950M

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MLS COPY: Privacy and luxury atop one of the highest peaks in town … this 3 bedroom, 3.5 bath home is but one of 8 homes in the exclusive Telegraph Hill Road neighborhood. This property has now been upgraded to the highest quality with renovated en suite bathrooms, beautiful stained Grade A oak floors, a custom kitchen with stainless counter tops and viking appliances. The second floor open design of kitchen, dining and living is perfect for entertaining, complete with French doors to a large deck, wood fireplace and sweeping views out to the dunes and the Pilgrim Monument. A lower driveway enters into a 2 car garage which includes ample storage and a fully equipped professional gym. Large, light and spacious bedrooms run from the grand foyer entrance. Certainly a very special West End home and just a short hop into town or the beach!

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7 Oppen Lane is a three bedroom, four bath home with 2,912 square feet on a 25,264 square foot lot in the hills of the West End. It sold for $1.425M with a listing price of $1.5M.

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MLS COPY: Walk up the elegant brick and granite staircase and enter into this beautiful contemporary post and beam home. Your eyes are immediately drawn to the glorious views of the moors and Long Point framed by a wall of windows. This dramatic great room has a propane FP, 2 story ceilings, skylights and ceiling fan. The chef’s kitchen has a professional grade 6 burner stove w/grill, potfiller, s.s. appliances, including an icemaker, wine cooler and additional prep sink. 1st floor master w/views, deck and en-suite bath w/spa tub & sep. shower. Upstairs, 2 of the 3 bedrooms have beautiful views and decks. The lower level houses a temperature controlled wine cellar and has access to the garage and storage rooms. Central sound system, vacuum, radiant heat and elevator. Entertain outside with an outdoor kitchen and low maintenance perennial gardens.

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82 Commercial Street sold for $2.350M, a seven bedroom four bath West End house with 3,294 square feet

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MLS COPY: Offered on the public market for the first time since it was built in 1820, this showplace has only had 3 families own it in the past 100 years. This classic Cape Cod home, with its sweeping lawn & white picket fence, is an iconic property in Provincetown’s West End, one of a very few that boast this square footage on almost a 1/4 acre of land, in the heart of the historic district. The house has been impeccably restored to its original grandeur, and all of its core infrastructure has been brought up to date. The home is expansive, w/ 7 bedrooms, pine floors, period wainscoting and trim, formal living and dining rooms each with wood burning FPs, and a classic sunroom that offers views of Long Point Light. Underground utilities, irrigation, new HVAC, wiring, sewer connection, security, generator, ext siding & cedar roof w/in recent years.

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6 Atwood Avenue sold for $1.420M, a six bedroom, three bath West End retreat.

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MLS COPY: A rare opportunity in the West End of Provincetown sits The Garden at 6 Atwood Ave. The property is comprised of a six bedroom antique single family and a 1BR cottage on a generous 10,538 SF lot on a picturesque private lane and is steps to the West End beach and boat launch. The property which has been in the same family for nearly 25 years offers many opportunities from a wonderful family compound, an income generating B&B, or potential for development. There is an outside shed and parking for about 6 cars. Enter the main house from the winding path through the lush gardens into the sprawling home with an oversized kitchen/dining rm with vaulted ceilings, comfy living rm, 4 BR and 2 baths and a den all on the main floor. 2 beds and 1 bath upstairs.

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14 Cottage Street sold for $1.952M and is an iconic West End home with three bedrooms, four baths and 2,133 square feet.

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MLS COPY: In the heart of the historic West End, this renovated and rebuilt antique home has it all. Situated on an oversized lot between Cottage & Nickerson Streets, the property is lushly landscaped w/mature plantings that offer a great deal of privacy. The house though traditional appearing on the outside, offers a pleasing open floor plan & 2 master suites. No detail has been overlooked in the design & all finishes reflect the finest in aesthetic and taste. The kitchen features double thick soapstone counters, an Aga Range & a large dining area. The spacious living room is anchored by a wood burning fireplace w/granite surround. The masters each have vaulted ceilings & exquisitely tiled bathrooms.A finished basement offers extra living space or future media rm. All systems and construction just 10 yrs old. Irrig, sec sys,outdoor shwr,3-4 pkg. a. The spacious living room is anchored by a wood burning fireplace w/granite surround. The masters each have vaulted ceilings & exquisitely tiled bathrooms.A finished basement offers extra living space or future media rm. All systems and construction just 10 yrs old. Irrig, sec sys,outdoor shwr,3-4 pkg.

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76 Commercial Street #3, one of the most intriguing properties in the West End sold for $1.512M. It is a two bedroom, 1 bath condo with 1,737 sf. Asking price was $1.750M

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MLS COPY: Acclaimed artist Hans Hofmann used this space for his school of art and studio from 1945-66. Carefully restored, this unique home is adaptable to all lifestyles. With original flooring and ship-timber constructed gallery framing the hearth, this 19′ high space is illuminated by an 11’X14′ studio window. A galley kitchen opens to the living area with a breakfast nook of large windows that open to create a summer porch. There are two bedrooms; one fashioned from a porch is bathed in morning light, the other more spacious and contemporary. Overlooking the studio is a loft and gallery, serves as an office and accommodates a daybed. Throughout the Studio there are reminders of its history including Hofmann’s signature upon the door to his office, easel and paint pallet. Enjoy this unique home and its well sought after West End location.

See all available properties at Beachfront-Realty.com.