The Provincetown luxury market performed strongly in 2013 with 22 properties selling for over $1M, 27% more than the 16 sold in 2012. 19 single family homes and 3 condos sold with an average selling price of $1.48M. The average property had 3 bedroom, 3.5 bath and 2,626 sf of living space. This increase is because of rising prices, as well as the quality of $1M plus inventory of properties for sale. As reported earlier 3 incredible homes sold in 2013 on Telegraph Hill, a first since the neighborhood was built.
Below are the top 4 residential property sales of 2013. Real Estate at its best.
571 Commercial Street sold for $2.265M. It is a gorgeous 5 bedroom, 4 bath 2,757 sf house on a 5,489 waterfront lot originally built in 1900. This house has always been a favorite of mine in the East End.
MLS copy: Endless harbor and bay views greet you upon entering this wonderful 5 bedroom beachfront historic home! Filled with charm, privacy inside and out, a spacious terraced yard, 62′ waterfront deck, and private steps to the beach, this rare offering is ready to enjoy. Extremely well maintained and loved by its previous owners, this is the perfect second home or year round residence for all who seek the unspoiled Provincetown experience at its best!
3 Creek Round Hill Road sold for $2.3M. It is a 4,500 square foot 3 bedroom with a guest/in law apartment on the lower level. It sold for $2.3M in the fall. In years past this h0use was know to its neighbors as the “wedding house”as it was regularly rented out for weddings and other special events. Hopefully the new owners will relegate it to good old residential use only.
MLS copy: Enjoy commanding water views and sunsets from this glamorous West End home. This custom built two family home features over 4,500 square feet of luxury living with uncompromising attention to detail. The first level boasts a chef’s kitchen, open concept living/dining room with sliders leading to spacious decks, guest bedroom, and spectacular views of the Breakwater, Longpoint, Moors, and dunes of Herring Cove. The second level features a grand master suite, luxurious master bath, and sensational views. The second level also features two guest bedrooms and bath. The garden level walkout offers a nicely appointed 1BR apartment with private entrance and bath. There is also a one car garage and laundry room on this level. The home has a substantial rental history of $130K annually making it the perfect home for the savvy investor.
59 Commercial St sold for $2.4M. This is an incredible piece of property with a 1,468 square foot main house fronted on Commercial Street, and a 984 square foot darling cottage on the waterfront. n July 22. 2/3 1468 plus 984 sf cottage.
MLS copy: West End Waterfront Compound with two beautifully restored year-round homes. The main house was floated over from Long Point and has all the wonderful detail you would find in a period residence but with all the amenities for today’s lifestyle such as central air and a high-end fully equipped kitchen. Between the main house & the waterfront cottage is a large courtyard with a Belgian block parking area for three cars. The 984+- square foot cottage has its own systems that are mostly separate from the main house and would be an excellent income producer. The views are exquisite from this space with the Long Point lighthouse right in front. The cottage has two decks, a bluestone patio and a staircase directly onto the beach. The entire property is connected to the sewer system and the grounds are irrigated. Please call for an appointment.
8 Telegraph Hill sold for $2.89M This is a 3 bedroom 4 bath house of 3,510 square feet.
MLS copy: This is the best view on Telegraph Hill. Custom built (heavy duty construction)in 2002 this home home offers panoramic views of Provincetown Harbor,the shores of Truro & Wellfleet, west end rooftops of Provincetown & a stunning view of the Monument. Meticulously maintained, well appointed w/hardwood floors, custom Hunter Douglas blinds, marble & limestone baths, commercial grade Viking appliances, double fireplace, high ceilings w/custom lighting, central ac, mature gardens, irrigation system & a 2 car garage. The upside down design gives you living and dining space on the top floor w/an open floor plan, along with a wrap around deck for outside entertaining. The entry level has 3 large bedrooms including two master suites, all with en-suite baths. Lower level offers a finished room, laundry room & 2 car garage. Granite block driveway.
Each of these homes is so special, and each of them represents their neighborhood beautifully. The far East End is represented by 571 Commercial Street, the far West End by The “Wedding House” on Creek Round Hill Road and the near West End by 8 Telegraph Hill and 59 Commercial Street. All gorgeous properties!