Tag: Cape Cod Luxury homes

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The Sky Is Not Falling

A perfect post by the incredible KCM crew. They do a great job highlighting assumptions around what is causing the national trend towards decreasing sales numbers, and then debunking them with Reality. We are seeing some of these dynamics in our local markets. This is a very good post with a broad national slant on the issues…for consumers and agent/brokers too.

Be Quiet Chicken Little. The Sky is NOT Falling

by 

There has been much speculation about what is causing the falling sales numbers in the most recent Existing Home Sales Reports (EHS) from theNational Association of Realtors (NAR). Some have claimed that rising interest rates have scared buyers out of the market. Others have claimed that consumers are just losing confidence in the housing recovery fearing a new bubble may be forming. We want to look at the validity of these two assumptions.

MORTGAGE INTEREST RATES

ASSUMPTION: Rising interest rates have forced buyers back onto the fence. Evidence offered up by those in this camp comes directly from the EHS Report from NAR. Three of the last four reports revealed that sales were below sales from the same month the previous year.

THE REALITY: Though it is true year-over-year sales have fallen nationally, a closer look at the report reveals major regional differences. Sales in the West Region are down 10.7% versus the same month last year. Sales in the Midwest Region are also down but by less than 1%. The Northeast Region is up 3.2% and the Southern Region is up 4.6%.

If the issue is interest rates, why is one region virtually unchanged and two of the remaining three regions up in sales? We don’t believe rates are the challenge.

CONSUMER CONFIDENCE in REAL ESTATE is ERODING

ASSUMPTION: The pace of the recent price increases has caused many to fear the emergence of a new housing bubble. Similar to the first assumption, evidence offered up by those in this camp comes directly from the less than enthusiastic EHS Reports from NAR.

THE REALITY: As we mentioned before, sales in the Midwest Region are down but by less than 1%. The Northeast and the Southern Region have both shown increased sales as compared to the year before. Are only the consumers in the Western Region afraid of a possible bubble forming?

The fear of a new housing bubble is vastly overstated. Forty states have not yet returned to home values they experienced seven to nine years ago. Nineteen of those forty states still have home prices 15% or more below peak prices. We believe home values will continue to increase but just at a slower rate of appreciation.

It is not just us that believe this is the case. The over 100 housing experts recently surveyed by Pulsenomics revealed that they believe prices will continue to appreciate at historical annual numbers (3-4%) for at least the next five years.

THEN WHAT IS THE CHALLENGE?

If the lack of sales is not the result of increasing interest rates or decreasing consumer confidence, what actually is happening? We believe it can be broken down to three words: LACK of INVENTORY.

Inventories of foreclosure and short sale properties are falling like a rock in the vast majority of regions across the nation. These two categories of homes have driven the market for the last few years. As foreclosures and short sales sell, they are not being replaced because the economy has gotten better and more families have regained control of their finances. All fifty states have seen a decrease in the number of homeowners who are seriously delinquent on their mortgage payments with thirty nine states seeing the number shrink by over 20%.

This inventory has not yet begun to be replaced by the non-distressed properties in the country. Just this month, NAR revealed that the months’ inventory of homes for sale has dropped to only a 4 month supply. A normal market has between 5-6 months’ supply.

This is the main reason home sales are declining in certain regions – there are just not enough houses for sale.

BOTTOM LINE

With the economy improving and with homeowners gaining back some equity they lost when prices fell, we believe there will be many homes coming unto the market this spring. A recent survey revealed that 71% of homeowners are at least considering selling their home in 2014.

If you are thinking of selling, beating this increased competition to the market before spring might make sense – and might enable you to get the best price possible for your home.

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Truro Luxury

 The 3 most expensive single family homes for sale in Truro.

February 11, 2014

There are so many gorgeous single family homes in Truro on both the bayside and ocean side. You have seen many of these homes in Cape Cod Magazine, Architectural Digest and on all the real estate web sites. Below are the three most expensive luxury homes on the market.

19 Avocet Road is being offered at $2.495M. It is a 3 bedroom, 3 bath home with 3,585 square feet.

19 Avocet Rd2

19 Avocet 3

19 Avocet Rd

19 Avocet 4

 

 

 

 

 

MLS copy: Clearly the best waterfront property on the Outer Cape! This stunning Bay front Contemporary is situated in one of Truro’s most sought after waterfront locations with 1.56 acres of treasured privacy. This estate sized setting affords the discerning buyer all the appeal of Cape Cod living: dramatic far reaching water views from almost every room, private steps to your sandy beach and close proximity to Truro Center and Provincetown’s renowned art galleries, restaurants and night life. All of this with an expansive interior with soaring cathedral ceilings, new chef style kitchen, expansive living and dinning, master BR with 180 degree views of Cape Cod Bay and private master bath. There are sliders to a generous seaside deck, beautiful professional landscaping, hurricane shutters and the added bonus of a separate detached artist’s studio.

 

2 Heron Lane is offered at $2.750M. It is a 4 bedroom, 3 bathroom home with 2,500 sf.

2 Heron Lane .$2.750Mjpg

2 Heron 3

2 Heron 4

2 Heron 2

 

 

 

 

 

MLS copy…verbatim!  The open living dining area with deck to stairs to your private beach is the perfect room to entertain and enjoy extended family living. There is a view from almost every room of this one level contemporary design with dramatic sunsets in every season. The window walls in the Living room with soaring ceilings and fireplace make this custom construction comfortable in every season. Historic Highland Links, Highland Light, and the Winery are a short distance in the North Truro neighborhood. This property is in move in condition to enjoy with privacy yet convenient to Provincetown and the airport. The private tennis court is around the corner and the automatic rolling shutters protect the house in all weather

 

15 Avocet is being offered at $2.950M. It has 4 bedrooms, and 3 baths and has 3,255 square feet. This house is one of the most  stunning waterfront homes ever available on the Cape.  See if you don’t agree with me.

15 Avocet $2.950

15 Avocet 3

15 Avocet 4

15 Avocet 2

 

 

 

 

 

MLS copy: Spectacular panoramic waterfront views and sunsets are framed from almost every room of this dramatic Shearwater contemporary design. The master suite was planned to capture the sweep of the beach to the Provincetown Monument. Each living space connects to the deck areas, look out deck, including the media room and stairway to the beach. The lower level has a private entrance with an outside shower, living area, new bath, and bedroom with bay views. The spacious lower level with gallery hallway and two car garage provide storage and enter to the family room, with additional views of Cape Cod Bay. A seaside sensation with updates found in custom construction, including geothermal heat and AC, with 4 zones. Featured in Cape Cod Magazine August issue. Enjoy this property in all seasons!

It is so cool to see the incredible properties available in Truro, as we sometimes tend to focus in Provincetown more because more folks are familiar with it. But Truro is such a treasure!

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Most Expensive Sales Of 2013

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 C

571 C 2

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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 CRH 2

3 CRH

3 CRH 3

 

 

 

 

 

 

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 c 3

59 C 2

59 C

 

 

 

 

 

 

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 Th

8 TH 3

8 TH 4

 

 

 

 

 

 

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!

 

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First 4 Sales Of The Year

The first 4 sales of 2014 beautifully illustrate the diversity of real estate in Provincetown. From a $385K townhouse on Race Point Road, to a one of a kind $925K East End waterfront beauty – these first few sales of the New Year speak to what Provincetown real estate is all about.

 

60 RPR

60 RPR 2

60 RPR 3

 

 

 

 

 

 

60 Race Point Rd sold for $384K, a 2 bedroom, 2 bath condo with 1,015 square feet in the White Pines at Race Point Road condo association of 15 units.

MLS copy: Beautifully maintained 2-bedroom townhouse just a short distance to Race Point Beach, Province Lands, bike path, and walking trails. Convenient to shopping, dining, and entertainment. Backed up to conservation land, this well maintained complex is well designed with attention to detail. Flooded with light and opening to front porch and exclusive side deck, the 1st floor is open plan: living, dining, and well-appointed kitchen. Oak floors throughout great room – oak cabinets, stainless appliances, granite countertops finish the kitchen. Full bath on this level. 2 large bedrooms on 2nd level, shared full bath with jacuzzi tub. Large closets, attic space and full basement (exclusive to this unit) allow for plenty of seasonal storage OR finish basement for additional living space. Central A/C. Weekly rentals and pets for owners allowed.

 

1 Holway

1 Holway 2

1 Holway 3

 

 

 

 

 

 

1 Holway Street #1 sold for $480k,  a 3 bedroom 1 bath condo with 962 square feet.

MLS copy: Located just two blocks from Commercial Street and the bay beach, this freestanding cottage-style condominium is perfect for year round living or a vacation retreat. This charming three bedroom home features an updated kitchen with stainless steel appliances, renovated bathroom, hardwood floors, abundant natural light, air conditioning, washer/dryer, attic storage, and one tandem parking space. This home is being sold turnkey. Weekly rentals permitted. Buyer to assume sewer betterment.

 

19 Tremont 2

19 Tremont 3

19 Tremont

 

 

 

 

 

 

19 Tremont sold for $641,500, a 2 bedroom, 2 bath condo with 885 square feet.

MLS copy: If you’ve been waiting for just the right West End home or vacation escape, you’re in luck. This 2 Bed, 2 Bath Townhouse has it all. A wood-burning fireplace in the living room stretches toward the vaulted ceiling, the bright, granite-countered kitchen w/intimate dining area overlooks the very private, superbly landscaped & well-designed spacious, fully enclosed outdoor living room complete w/hot tub, shower, koi pond, mature plantings including a fully integrated Dogwood. Back indoors, the 1st floor guest suite features a private bath & separate entrance.The entire top level is a master suite w/full bath, delightful bedroom overlooking the outdoor oasis & a spacious loft, ideal for office, entertainment or additional storage. Basement laundry & parking add to the appeal; proximity to the beach & Commercial Street complete the package.

 

493 com

493 com 3

493 om 2

 

 

 

 

 

 

493 commercial sold for $925K, a one of a kind 2 bedroom 2 bath waterfront condo with 1,588 square feet.

MLS copy: For a discerning buyer who enjoys the luxury of waterfront living with service to make it hassle free. Unique association- fees include interior maintenance,landscaping, in-unit heat,AC, electric and cable.Spectacular in design,this penthouse embraces the harbor through its two story wall of glass and expansive deck.Property has flexible space ideal for dining, entertaining and lounging all leading to a private waterfront deck.The kitchen is designed with a separate prep area open to the living space and has upgraded cabinets,appliances, stone countertops and a bfst bar.There are two bedroom suites both with tiled baths;the master has a dressing room & views.This home is ready for your enjoyment,but should the day come that travel takes you elsewhere, the projected gross rental is $70K to $80K annually. Buyer assumes betterment.

These were the first four…more sales highlights as they occur.

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Home Appreciation Back To Historic Norms

Zillow sees home price appreciation headed back to historic norms

 

The cumulative value of U.S. homes is expected grow by 7.9 percent in 2013 — the biggest annual increase since 2005 — according to an analysis by Zillow, which expects gains to continue into this year, at a slower pace.

“The housing market is transitioning away from the robust bounce off the bottom we’ve been seeing, toward a more sustainable, healthier market,” said Zillow Chief Economist Stan Humphries in a statement. “This will result in annual appreciation closer to historic norms of between 3 percent and 5 percent.”

Zillow said two years of home price appreciation have added $2.8 trillion to the cumulative value of U.S. homes –  or 44 percent of the $6.3 trillion drop seen from 2007 to 2011

 

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2013 Provincetown Sales

Interesting “aerial” view of the 172 property sales in Provincetown in 2013.

Each dot represents one of the 172 sales of single family properties and  condominiums sold in 2013. They seem pretty balanced East End to West End, don’t they?

I’ll post more on that perennial discussion…which end of town has the most sales, the higher prices , as we move into the spring market.  I think what we are going to find is that the answer is so subjective, even when we look at empirical data which will show a healthy balance between the two.

 

12 month sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Cape Cod Waterfront Under $500K

Interesting CurbedCapeCod post below showing a great assortment of waterfront homes all over the Cape.

10 Cape Cod Waterfront Properties Listed for Under $500K

Monday, October 14, 2013, by Jazmine Donaldson

596shorerdtruro.jpg
[596 Shore Road, Truro via Zillow]

There are currently 183 waterfront properties for sale onCape Cod that are asking under $500,000. We dug though the listings to find the very best, most interesting and/or unique condominiums and single family abodes on the water. From an East Sandwich Beach cottage behind the dunes to a PTown condo on Cape Cod Bay, here’s a map of waterfront properties for under $500,000.

SANDWICH
Kicking off with a classic waterfront cottage on East Sandwich Beach, this 698 sq. ft. 2BD, 2BA comes with “limited views of Cape Cod Bay.” Something about a dune in the way. Regardless, asking price is $450,000.
143 NORTH SHORE BOULEVARD, SANDWICH, MA 02537
FALMOUTH
Built in 1920, this 708 sq. ft. 1BD, 1BA Woods Hole Village cottage is set on .26 acres on Mill Pond. The renovated home is listed for $449,000.
18 PARK ROAD, FALMOUTH, MA 02543
MASHPEE
Here’s a 840 sq. ft. 2BD, 1.5BA townhouse in New Seabury’s Maushop Village. The unit includes water views and direct access to a private ocean beach on Nantucket Sound. Yours for $499,000.
VINEYARD VIEW LANE, MASHPEE, MA 02649
HYANNIS
Unit A3 is a 574 sq. ft. 1BD, 1BA overlooking Kalmus Beach (rejoice, windsurfers and kitesurfers!) and Nantucket Sound. Per the listing, the condo rents for $2K/week, in season. Asking price is $435,000.
21 HAWES AVENUE, HYANNIS, MA 02601
SOUTH YARMOUTH
“MILLION DOLLAR VIEW!!!” But wait, there’s more! This 1,100 sq. ft. 2BD, 2BA penthouse condo comes with a fireplace, deck, pool, and a 30′ dock with access to Nantucket Sound. Unit 17 is your for $459,900.
BRIDGE STREET, DENNIS, MA 02660
DENNIS PORT
Waterfront? Check. Private dock? Check. Access to Nantucket Sound? Check again. This 542 sq. ft. 2BD, 1BA cottage with a 22′ screened porch is asking $275,000.
130 INDIAN TRAIL, DENNIS PORT, MA 02639
CHATHAM
Set on .43 acres on Mill Pond, this 1,008 sq. ft. 1BD, 1BA (with a 3BD septic) “cute and open concept” split level was built in 1994. Asking price is $350,000.
108 MILL HILL ROAD, CHATHAM, MA 02659
ORLEANS
This adorable contemporary saltbox features 2BD, 2BA in 1,260 sq. ft. The .60 acre property on Uncle Israel’s Pond has a “great rental history” and is asking $430,000.
6 AUNT ABIGAILS WAY, ORLEANS, MA 02653
TRURO
According to the brokerbabble, if you’re “looking to own a little piece of paradise in Truro,” this listing fits the bill. The 488 sq. ft. 2BD, 1BA attached cottage is asking $399,000.
596 SHORE ROAD, TRURO, MA 02657
PROVINCETOWN
Per the listing, unit 9C boasts “The best view in the entire complex, more than 180 degrees, water can be seen from every window in this home.” The 700 sq. ft. 2BR, 1BA beachfront condo is asking $469,000.
945 COMMERCIAL STREET, PROVINCETOWN, MA 02657
10 Waterfront Properties for Under $500K

 

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Goode and Farmer Report – Provincetown, Truro, Wellfleet October 2013

Year-to-date sales through the 3rd quarter of 2013 continued to climb as the great weather brought more buyers to town. With market values of property slowly rising and continued low mortgage rates the time seemed right to buy.

The average sales price of condos sold was up 5% to $432K  from $412K last year. Although the number of sales year to date decreased by 23% from 115 units last year to 90 this year, 40 sold in the 3rd quarter making it the best period so far this year.

Single family properties performed well with a 24% increase in the average sold price from $795K in 2012 to $1.038M year to date. The median sales price increased 15% to $880K from last year’s $752K. 32 single families have sold so far this year vs. 38 last year. Total sales volume was up 9% to $33.2M. There is clearly a demand for single family homes that have been slower to sell in the past.

The average days on market has come down overall driven by less inventory available for sale and relatively strong demand. For condos it decreased 14% from 194 to 166 days and for single-family properties DOM’s increased 14% from 178 to 206 days.  The high end of the single family market traditionally takes longer to sell.

Speaking of inventory, currently there are 120 condos on the market with an average listing price of $500K and an average price per square foot (ppsf) of $571. There are 45 single-family properties on the market with an average listing price of $1.511M and an average ppsf of $550.

With the great weather in September and the forecast for above average temps throughout October, we expect the market to be busy through the end of the year.  There remain some wonderful opportunities to own a part of a very special place.

 

Ptown chart Q3 2013

 

 

 

 

 

 

 

 

 

 

 

Other towns on the Outer Cape have experienced a similar dynamic. The number of single-family home sales in Truro remained the same as last year with 37 units sold over the first 9 months of 2013.  The average sales price was down 17% to $598K from $724K last year. The Truro market consists mostly of single-family homes. There are currently 72 single family properties available to chose from.

In Wellfleet the number of single family home sales declined 14% from the same period last year with 48 homes sold this year vs. 56 sold in 2012.   The average sales price remained the same at $526K.  There are currently 87 single family homes available for sale offering many choices for buyers.

Truro chart Q3

 

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The third quarter market report is overall positive news on the outer Cape in both single family homes and condominiums. Although the number of homes sold is down somewhat from a very strong 2012, prices are rising after many years of depressed values. Demand remains high with many long time visitors taking advantage of low mortgage rates and slowly rising prices to search for their “special home” on the Cape.

Please call or stop in if you are considering selling or if you are just curious as to what your home is worth. If you are considering buying a home, remember that our business philosophy is that the best-informed buyers are the happiest and it is what we do best.

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On The Pond

46 Shank Painter Road is a gorgeous 12 year old cape with luxurious living on three levels – and it is a complete surprise! Entering into the house from the beautifully landscaped front entrance you are immediately struck by the view of Shank Painter Pond Wildlife Sanctuary. We just had a very well attended brokers open house  this morning and many brokers didn’t realize that this incredible pond view existed behind the house, and to top that off a pair of blue herons kept flying back and forth for everyones pleasure. This house literally sits on Shank Painter Pond and looks out on the most beautiful conservation land in town.

As you see the front of the house is a traditional full Cape with an extension that has it’s own entrance, and the back of the house is 3 full floors of glass sliders that take full advantage of the view – and this stunning house is only 2 blocks to Commercial Street!

 

front of house 1

back of house 1

 

 

 

 

 

 

 

 

 

 

 

The pictures below show the living room and dining room – the west and south walls are rough hewn stone, the floors are hardwood, and the view as you can see is delightful. There is a wood burning fireplace, a large full bath, and a den with doors out to a sheltered and private sunning or dining deck.

glass doors

living room

dining room

 

 

 

 

 

 

The dream chef’s kitchen has double Themador wall ovens, double stainless sinks, a subzero fridge, a 6 burner gas stove top, double trash compactors and beautiful marble and tiled full wall backsplash.

 

kitchen

buddah in window

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The spacious master suite on the lower level has sliders out to the yard and pond beyond.  The large master bath has double sinks, a large glass enclosed shower, and the double size soaking tub with a view that you see below. In addition on this level there are double walk in closets,  a full size sauna, and a large laundry room with side by side W/D and extra storage. In the backyard, steps from the master bedroom is a large hot tub, and an outside shower.

 

master br 3

master br 1

master bath 1

 

 

 

 

 

The second full floor suite is on the top floor of the house, and as you can see below has stunning views of the conservation land stretching out before you. This floor is a light and bright aerie and has been used by the owners as an artists studio. There is a combination master bath, and a charming  meditation room on this floor, as well as a private deck.

front of house 2

upper suitedeck with chairs

 

 

 

 

 

 

46 Shank Painter Road is being offered at $1,199,000.

 

 

 

 

 

 

 

 

 

 

 

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Telegraph Hill Activity

Telegraph Hill is a gorgeous community of large single family homes on the highest hill in Provincetown.  I recently posted about 2 properties going under contract on the Hill. Both have now closed.

OLYMPUS DIGITAL CAMERA9 Telegraph Hill sold for $2M last week.

MLS description: Nestled atop the highest point in Provincetown this gorgeous 3 bedroom, 3.5 bath home is privately sited in the Telegraph Hill neighborhood, an exclusive cul-de-sac with eight architect designed single family homes. Entering into the 30 foot long sunlit gallery you are drawn to the expansive walls of glass with water views in every direction. The home offers a warm inviting presence as you enter into the sunken living room with it’s fieldstone fireplace and over-sized buffet that leads into the spacious dining room. The chef’s kitchen has high end appliances, a pantry and breakfast nook. The entire 2nd floor is the master suite with rich wood paneling, fireplace, sumptuous master bath and twin walk in closets. Extras include radiant heat floors, lots of storage and an extra large two car garage.

 

 

21304104_038 Telegraph Hill sold for $2.895M two weeks ago.

MLS description. This is the best view on Telegraph Hill. Custom built 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.

 

7 Telegraph Hill $2.895M…..and 7 Telegraph Hill just came on the market at an asking price of $2.895M.

Built in 2006, this reverse design home offers both privacy and views of Hatches Harbor, the Atlantic Ocean and Seashore. Meticulous attention was paid to every detail, including custom carpentry & cabinetry, top-of-the line appliances, polished concrete countertops, & a 10 ft. high wall of glass showcasing the extraordinary view. The dramatic open floor plan includes a large dining alcove, a fireplace, and atmospheric lighting throughout. The master suite is very spacious with high ceilings, a large walk in closet with custom built ins, and a marble master bath. The 2 guest suites each have en-suite baths & sliders out to private decks. There is also a den, 2-car garage, excellent basement storage and multiple decks.

This is an amazing amount of activity in the high end as only 8 properties have sold over $2M in the last 2 years. Four of these homes are waterfront properties on Commercial Street and the other four are on Telegraph Hill.