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$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

3 TH

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. 

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Studs To Shingles – New Construction In Provincetown

There is so much construction activity in town that I though I would highlight a few projects every few weeks so you can stay on top of whats new.

I have always loved this house at 457 Commercial Street. It was listed for sale in 2013 for $2.495M. It was a 3 bedroom, 2 bath house . It looks like it sold in a private sale for $2.143M as unit #1 of a two unit association that was created out of the large lot – unit #2 being the house on the east side of the 10,027 square for waterfront lot.

 

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The house is getting a to the studs renovation and looks absolutely gorgeous. The other night we were walking by and the sweet smell of all that cedar was wafting through the early evening air. Ahh yes, thats what excites us real estate folks. lol.

Copy from the MLS listing back in 2013: One of Provincetown’s most beloved water front homes! This enchanting beach house was the home of famed New Yorker cartoonist and painter Mischa Richter. This classic lovely gabled home was built in 1917 and is one of the few homes on Commercial street that is lengthwise to Commercial Street creating the spacious lawn and ample street frontage with parking for three cars. A step into Provincetown’s history and romance!

 

65 Franklin Street, (below) the large lot that we all know at the corner of Franklin Street and Race Road is in the beginning stages of development.  The “Ronny White House” is in the process of being demoed. The existing house was a 3,307 sf single family with five bedrooms and four bathrooms. It was last on the the market for $1.45M in 2011 and sold privately for $1.2 this year. It looks like there will be several condos built on what is now a four lot parcel. Watch this space for information on the project as soon as it is available.

 

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52 Creek Road (below) sold in March for $1.04M with an asking price  of $1.299M. The property had a three bedroom Cape and three “quaint” cottages and a shed on it. The lot is  14,007 square feet. See picture below left of the three bedroom Cape with the cottages beyond down the driveway.  New construction (right) is progressing quickly on what looks to be an attractive complex.

 

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These are just a few of the new construction projects that are being built in Provincetown.  Every few weeks I will profile projects of interest so you can stay on top of whats new.

See all available properties for sale at Beachfront-Realty.com

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Provincetown Trophy Sale Of The Week – 3 Telegraph Hill

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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View all available properties at Beachfront-Realty.com

 

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Sale Of The Week – 7 Oppen Lane – $1.425M

 

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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See all available properties at Beachfront-Realty.com

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Provincetown – Listing of The Week – 6 Telegraph Hill $5.9M

 

6 Telegraph Hill is a three bedroom six bath home with 5,508 square feet on a 20,037 square foot lot in the tony Telegraph Hill neighborhood. It is being marketed for $5.9M.

 

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MLS COPY: Capture the amazing water and town views from the moment you enter this exceptional home atop Provincetown’s Telegraph Hill. The main level with 3 fireplaces, dining room, butler’s pantry, eat-in kitchen, den, and large living room offers panoramic views from room to room and fine finishes throughout. The kitchen is a Chef’s delight – linen white Wood-Mode cabinets, center island w/ Carrara marble, built in Subzero, 2 dishwashers and 6 burner Wolf stove. On the 2nd level a superb master suite awaits with a private living area, a spacious well-appointed bath and bedroom with fireplace and views of the waterways, rooftops and iconic Monument. There are 2 guestrooms with en suite baths and water views from east to west. The home’s garden level provides an additional living area with full bath, bath, 2 car heated garage, and a dumbwaiter. The wraparound porch, 3 slate patios, and heated infinity pool provide vantage points to enjoy the unmatched views and beautifully landscaped grounds. Listing courtesy of William Ravies Real Estate.

 

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See all available properties at Beachfront-Realty.com.

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Provincetown’s $1M + Sales Last Week

 

Three of the most iconic and much loved properties in Provincetown changed hands in the last ten days…purely by coincidence but it certainly was active in the high end!

 

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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See all available properties at Beachfront-Realty.com

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Provincetown Listing Of The Week – 48 Commercial Street

 

48 Commercial Street #3  is a two bedroom two bath water view condo with 1,067 square feet. Located on the Gold Coast in Provincetown’s West End.

 

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MLS COPY: West End two bedroom with two full baths. Private walk out roof deck. Water views with beach across the street. Fireplace, central air and parking. This one checks off the wish list. There are weekly rentals reservations in place for 2016 season with time for personal use too. Enter via outside steps on left of building, up one flight to entrance where bedrooms and bathrooms are located at the rear half of the second floor. Up another flight in unit to the great room occupying the entire 3rd floor of the building. Walk out roof deck at the back, off of the kitchen. There are good water views from the great room and the roof deck as well.

 

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See all available proerties at Beachfront-Realty.com.

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The Goode And Farmer Report – April 2016

Q1 Blog version

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Provincetown – 73 Commercial Street – $3.295M

73 Commercial Street  just came on the market. It is an iconic West End waterfront home with 3 bedrooms and 3 1/2 baths. It has 2,426 square feet and with multiple decks and a waterfront lawn. It is being marketed at $3.295M.

 

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MLS COPY: Spend your summer on the Provincetown West End waterfront overlooking historic Captain Jack’s Wharf, with magnificent views of the harbor out to the tip of Cape Cod, Long Point Light House. This newly renovated 1880 antique has all the amenities and quality finishes awaiting you, your friends and family.Three large bedrooms with en suite baths on three separate floors: each with waterfront decks for entertaining. A total of 2426 square feet of living space sits on a 5358 square foot lot.Property includes generous water frontage and direct access to the beach.Love boating? Moor your boat right out front! Plenty of room to store all your water toys.From the chef’s stainless steel kitchen with Sub Zero refrigerator, full size Liebherr wine fridge (300 bottles) and Bertazzoni range;to the walled decorative gas fireplace in the dining area;to the exquisite expansive 1stfl outdoor entertaining deck and professionally landscaped yard.

Listing courtesy of Raveis Real Estate.

 

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See all available properties at Beachfront-Realty.com.

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Provincetown Listing Of The Week – 5 Brewster Street #3

 

East End Charmer!

5 Brewster Street #3 is a charming two bedroom East End condo with multiple decks and views of the bay. It has 1,145 square feet and is being marketed at $619,000.

 

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MLS COPY: Charming upper floor two bedroom condominium with water views. Vaulted 14 foot ceilings and multiple skylights create a dramatic open living space. There is a separate dining room and an open kitchen. The large deck off the living area is great for dining/entertainment. The master bedroom has a private wisteria covered deck. There is a second bedroom, and a full and half bath. The laundry room is adjacent to the second bedroom. The sleeping loft has a side deck with gorgeous bay views. Parking for 1. With Commercial Street just a block away this near East End condo is perfectly located to enjoy everything Provincetown has to offer and is nestled quietly into the historic and artistic environs of lower Brewster Street. Excellent rental history. Some rentals in place for 2016 season.

 

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See all available properties at Beachfront-Realty.com