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Provincetown- Listing Of The Week – 11 Pilgrim Heights Road – $1.499M

 

11 Pilgrim Heights Road  is a three bedroom, two bath single family home with 1,803 square feet.It is being marketed for $1.499M. Pilgrim Heights Road is in the far West End close to The Moors and Herring Cove Beach.

 

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MLS Remarks: West End contemporary perched high on hill with dune and bay views. It was built in 1983, had a major remodel in 1994 and it is time to do it again. The core of the house is a hexagon centered by a field stone chimney. Upside down floor plan with living and kitchen on top open to a large deck and views. Bump out additions were added to the lower level to enlarge the bedrooms. Master with ensuite. Two bedrooms and baths are on the lower level and both walk out to another large deck. Over sized garage with one stall plus work shop/studio. There is a third bedroom off of the main living area presently used as a home office.

 

 

 

 

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Provincetown Listing Of The Week – 29 Point Street – $3.149M

29 Point Street is a new single family home with four bedrooms and five baths in 3,300 square feet. It is located on a charming West End lane which has recently evolved into a luxurious cul de sac.. It is being marketed for $3.149M.

 

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MLS REMARKS: Point Street has long been one Provincetown’s most exclusive west end neighborhoods and this newly constructed residence is a standout on every level! Sited at the end of bucolic Point Street, the home has a commanding presence with lovely views of the surrounding greenery and gardens. Built by Cape Associates, fine workmanship and attention to detail are apparent throughout this property that offers 3300 square feet of interior living area with 4 bedrooms and 4.5 bathrooms. The entry level, with open floor plan, is light filled with a wall of windows and French doors that open to an expansive deck, melding the inside with the out. The fieldstone gas fireplace and reclaimed schoolhouse oak floors set a beautiful warm tone to the home. In the kitchen, white wood cabinets with white marbled Silestone couple beautifully with the light gray center island with gray counter top. Listing courtesy of William Raveis Real Estate.

 

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Truro Sale Of The Week – 5 Parker Dr. – $775K

 

5 Parker Drive in Truro is an Alan Dodge designed home with four bedrooms and  four baths in 2,696 square feet. It was being marketed for $800K and recently sold for $775K.

 

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MLS Remarks: Truro extraordinaire! Stylish Alan Dodge designed home has wonderful views of Cape Cod Bay and Provincetown from just about every room in the house. This 4 bedroom, 4 bath home has it all! Gas heat, central A/C, radiant heat under the tile floors, 1st floor laundry. The living room has Cathedral ceilings with gas fireplace, double doors lead to beautiful outside living! The kitchen is top of the line with function and style (Adler Cabinets.) Lovely 1st floor Master with private Bath. Second floor offers a full Master as well! All 3 bedrooms loft have splendid Bay Views, plus upstairs bedrooms have a private entrance to large deck. This well planned home provides great outdoor living space with mahogany decking, large screened in porch along with fire pit, pizza oven and outdoor shower.

 

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Provincetown 1st Quarter Results Preview

Early First Quarter Results – Will they determine the direction of the spring market?

It has been an interesting Q1 , with weather issues, political issues, and the continuing stubborn lack of inventory. There are only 40 condos on the market vs 67 last year at this time.

Despite these issues condominium sales are set to surpass last years first quarter sales by close to 30% – 30 sales vs 20 sales last year. This is a good sign of continuing strength in the market.  The average sale price is $507K and 60% of those sales were under $500K. This is a very popular price point and there were several really great properties that sold. Below are four examples.

 

SOLD $375K, studio, 329 sf
23 Winthrop St #1 – SOLD $375K, studio, 329 sf
SOLD $390K, 1/1, 330 sf
26 Pleasant St #3 – SOLD $390K, 1/1, 330 sf

 

 

 

 

 

 

 

 

 

163 Bradford #2 SOLD $397K, 1/1, 425 sf
163 Bradford #2 – SOLD $397K, 1/1, 425 sf
12 Commercial St #7, SOLD $480K, 1/1, 734 sf
12 Commercial St #7, SOLD $480K, 1/1, 734 sf

 

 

 

 

 

 

 

 

 

 

Single family home sales have been sluggish with only four selling so far this year. Last year a total of 12 had sold  in the first quarter. There are only 19 homes on the market vs 26 last year.

The economy remains strong even with the volatility in the stock market. Our outer Cape markets are feeling the same inventory pinch as markets nationwide – with absorption rates and prices increasing in both the condo and single family markets. Slightly higher interest rates should have little effect as rates have remained historically low.

Market performance will depend on new inventory entering the market coupled with buyer demand remaining strong. The complete Goode and Farmer Report will be out in early April. Look for it – and I will keep you updated throughout the spring market with new listings, current sales, and many other posts of interest.

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Provincetown – The Highest And Lowest Priced Single Family Homes Sold In 2017

$420,000 to $3,329,000 – the range of prices of single family homes sold in Provincetown in 2017. Below are the three highest priced and the three lowest priced houses sold. As with condos the range is wide and indicative of the varied affordability present in the Provincetown market. Yes, the “Trophy” home sales take up lots of the energy and certainly are important and memorable in their own right, as they anchor the high end, but they sometimes overshadow the numerous sales of more moderately priced homes that represent most of the market.

 

The three highest priced sales (low to high)

82 Commercial $3.235M – seven bedrooms and four baths in 3,294 square feet.

 

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MLS REMARKS: This historic and iconic property is truly a Masterpiece property. Occupying one of the largest lots in the West End and known for its sweeping lawn and picket fence, the house has received the finest renovation, from top to bottom, inside to out.  Now featuring a stunning new master suite with reclaimed wood floors and walls, and a master bath with all Waterworks fixtures and tile. The kitchen is top of the line with marble counters, Wolf range, integrated SubZero fridge. Several living spaces in addition to the many bedrooms, plus 2 laundry rooms. Outside, enjoy beautiful landscaping, with decks, patios, a serene bluestone courtyard, outdoor shower, shed, and a privately sited hot tub. Prkng for 4+.

 

8 TH 3.25M – three bedrooms and four baths with 3,548 square feet.

 

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MLS REMARKS: You will find this custom built, 3BD/3.5 BA home sited high on a hill in a coveted West End location, with sweeping,panoramic views of Provincetown Harbor, Rooftop views to the Monument and even a peek of the ocean. Built in 2002 with an upside-down floor plan encompassing 3,548 square feet, amenities include wood floors throughout, a double sided fireplace,   mature gardens and an irrigation system. The kitchen has granite counters and commercial grade Viking appliances. The large, wrap-around deck offers plenty of room for entertaining. . Each of the 3 bedrooms offers an en-suite marble & limestone bath.

 

19 Commercial 3.329M – three bedrooms and four baths, 2,525 square feet.

 

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MLS REMARKS: Once in a lifetime waterfront opportunity in the heart of the historic West End! No detail was overlooked in this 2011 custom rebuild. Enter into the vast living space where the view of the bay will instantly captivate you. Designed for entertaining, guests will move easily through the open floor plan layout. The home is richly appointed with gleaming hickory floors, stunning coffered ceilings, and beautiful moldings. The chef’s kitchen features a large center island, a 6 burner Wolf Range and stone countertops. A large gas fireplace with custom mantle surround is the centerpiece of the living room, which comfortably houses two sitting areas and a large dining room.

 

The three lowest priced sales.  (low to high).

37 Court Street – $420K – two bedrooms and one bath, 720 square feet.

 

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MLS REMARKS: As the lowest priced single family home currently on the market in Provincetown, this property offers enormous potential & expansion possibilities. This corner lot ranch home offers an open, spacious livingroom/diningroom area with wood-burning fireplace, hardwood floors, galley kitchen w/pantry, master bedroom, guest bedroom, 1 bath, oil heat, gas stove. There is a large fenced-in yard area & off-street parking for 2+ cars. This home is on town sewer & water & just a short walk to Commercial St, and beach. This property is being sold in ‘AS IS’ condition. Information is deemed to be reliable, but not guaranteed. Buyer to verify all facts & details.

 

22 Kimberly Ave – $550K – two bedrooms and two baths – 1,764 square feet.

 

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MLS REMARKS: This whimsical home, owned by a local artist, is located in sought after Meadowview Heights Association close to town yet nestled on a quiet cul-de-sac lot. Open living room area with a floor to ceiling center brick fireplace, cathedral ceiling and skylight. Two bedrooms, living room with fireplace, large loft and two full bathrooms. Home is in need of updating or a great site to build your dream home.

 

 

 

 

290 Bradford Street – $575K – two bedrooms and one bath – 636 square feet.

 

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MLS REMARKS: Tucked away behind trees and privacy fencing, is this sweet two bedroom house, which is not a condo. The living/dining area is bright and sunny. Against one wall is a brick, wood-burning fireplace. The dining area is set into an over-size bay window. One bedroom is located at the front of the cottage, and the second is at the back. It has a sliding door that leads to a private patio. There are wood floors through-out. For a compact parcel, this property has a number of spots to enjoy the outdoors. There is a covered patio at the front door, a private patio at the back of the property, & along the west side you have room for gardening.

 

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Provincetown Sale Of The Week – 6 Telegraph Hill- $3.6M

6 Telegraph Hill is one of the eight homes on Telegraph Hill. With three bedrooms, six baths and and 5,508 square feet, and wonderful outside spaces –  this home just might be the best on the Hill. We were fortunate to have participated in the buyer side of this sale.

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MLS REMARKS: 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.

 

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Provincetown Listing Of The Week- 435 Commercial Street – $1.895M

435 Commercial Street is a mixed use waterfront  building in the East End Gallery neighborhood. It has a three bedroom rental apartment above and a commercial gallery space on the first floor.  It has a total of 2,502 square feet and is being marketed for $1.895M.

 

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MLS REMARKS: Right next door to the famous Mews Restaurant with beautiful views of Provincetown Harbor, Long Point Lighthouse, Harbor Breakwater and Marina! The Mixed use property consists of a leased first floor gallery and a second floor 3 bedroom residence with dramatic views! Tremendous foot traffic and 1 parking spot make this property a must see! Roll out of bed and walk just steps into the streets of bustling Provincetown with world famous restaurants, galleries and shopping! Great Investment Property with long established income and or perfect spot for your Pied-a’-terre! Listing courtesy of Premier Commercial Real Estate.

 

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Provincetown – The Three Highest Priced Homes For Sale

 

The Provincetown high end is as diverse as the town itself. These homes represent lovely family homes and compounds that just happen to have one of the best locations in the world – on the water in Provincetown! These three homes represent the best of Provincetown: a classic waterfront home, a mini- waterfront compound, and an oversized gatehouse to a famous estate. Last week I featured a post on the three highest priced homes for sale in Truro.

There are only 17 single family properties on the market in Provincetown vs 60 in Truro.  Of those 17  only 6 are priced below $1M. The average asking price is $1.493M. Last year at this time there were 18 homes on the market with only 3 priced below $1M. These numbers illustrate the historic low inventory levels we are experiencing in Provincetown.

46 single family homes have sold year to date with an average sales price of $1.356M. 50 have sold in Truro year to date.

 

The Top Three.

 

73 Commercial Street – $3.499M –  is a classic Provincetown waterfront home with three bedrooms and four baths in 2,426 square feet.  It is on a 5,227 square foot lot.

 

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MLS REMARKS: 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; plus 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 1st fl outdoor entertaining deck and professionally landscaped yard. This property must be seen to be appreciated! Listing courtesy of Raveis Real Estate.

 

59 Commercial Street – $3.490M –is comprised of two houses, one on Commercial Street and one directly on the water. There are three total bedrooms and five baths and a total of 2,364 square feet in the two buildings. This is an exceptional waterfront property in the heart of the West End. It is being marketed fort $3.490M.

 

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MLS Remarks: You’ll find this exquisite compound consisting of 2 year round homes in the West End, directly on the bayfront. The 1468 s.f. main house was floated over from Long Point and has been totally renovated with details respectful of the period but with all the modern amenities. The 2BD/2.5BA house has wood flooring throughout, a gourmet kitchen, and 2 wood-burning fireplaces. The 984 s.f., 1BD/1.5BA cottage sits directly on the water with lovely views of Provincetown Harbor and Long Point. Separate utilities, split A/C, wood floors, full kitchen, 2 decks. The beautifully landscaped yard has irrigation, parking for 2-3 cars, and bluestone patios. Hooked up to the municipal sewer system. Listing courtesy of Atlantic Bay Sothebys Intl. Real Estate. 

 

1 Pilgrims Landing- $2.145M –  is a three bedroom, three bath home with 3,554 square feet at the base of The Murchinson sub division in the far West End.  It is located at the Commercial Street, Province Lands Road circle across from the breakwater.

 

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MLS REMARKS: Rare Opportunity! Once the gatehouse for the famous Murchison estate, 1 Pilgrim’s Landing has been reimagined as a unique single-family residence. With 3 BD & 3 BA, ‘the gatehouse’ embraces its original design while presenting a contemporary loft-like feel. The open-concept living area offers generous gathering & dining spaces, & a well-designed kitchen w/stone countertops and Thermador appliances. A sliding wall joins living area with garden and outdoor patio area. A dramatic light-filled multi-purpose room, featuring a sliding door system, opens to a lovely outdoor garden with deck and hot tub spa. The 2nd floor water-view master suite, includes a wood burning fireplace, beautifully appointed bath & dressing area w/ 2 large closets. Extensive perennial gardens, heated garage,and water filtration system complete this special home. The prestigious Pilgrim’s Landing community offers a stunning West End location and state of the art geothermal heating and cooling system. Listing courtesy of Coldwell Banker Pat Shultz Real Estate.

 

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Truro – The Three Highest Priced Homes For Sale

The three highest priced homes for sale in Truro look an awful lot like Nantucket, but while they represent the high end well,  Truro does have an incredibly diverse inventory of single family homes for sale in all price ranges.

There are 60 houses on the market and 66% of them (40) are priced under $1M....23 of them are priced under $750K. There are 13 between $1M and $2M and 7 above $2m – three of which are shown here.

50 single family have sold year to date – 34 were priced under $1M and 16 were priced over $1M. The average sold price is $960K.

 

The Top Three

2 Mary’s Way 9,570 square feet of luxury resort life. seven bedrooms and nine baths…on a 1 3/4 acre lot. It is being marketed at $4.995M.

 

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MLS Remarks: Rare opportunity to own this one of a kind seaside resort. Enjoy tennis, or a game of basketball? Then relax in the sun and take a dip in the ocean at the private association beach before lunch and a quick game of horseshoes. Catch dinner in the bay. After watching a spectacular sunset grab some popcorn and take advantage of the home theater. The present owner has thought of everything including a special expansive game room for rainy days. This set up gives family, friends and guests multiple options for relaxing, exercising and creating lasting memories. There are 22 parking spaces and a detached 3 car garage with upper level space for a gym and up another flight to conference room. Perfect for extended family or large family reunion gatherings. There’s no other property like this one! Listing courtesy of William Raveis Real Estate.

 

21 Crestview Circle is a four bedroom, six bath contemporary masterpiece in N Truro. It has 5,456 square feet and a private beach. It is being marketed at $4.950M.

 

 

 

 

 

 

 

 

 

MLS Remarks – Modern Masterpiece. Logic, art & nature harmonize in a striking bluff-top dwelling overlooking Cape Cod Bay. Located in Truro on the Outer Cape, this 21st Century-Modern beach home is warm & comfortable…bold & avant-garde. Clad in luminous red cedar, the home’s horizontal, abstract lines embrace grand yet intimately scaled interiors that offer panoramic views of bay & coast. Graced by a natural palette of materials (limestone, honed granite, Tabu ash, walnut), accented by subtly rich colors & textures (chenille, faux suede) & powered by cutting-edge technology (Savant Home operating system), the home offers an unusual sense of comfort & well-being. Superb views, private beach, unparalleled luxury. Harmonious master strokes of architecture, landscape & interior design have resulted in a bold & beautiful beach home that is in a class by itself. Listing courtesy of Robert Paul Properties.

 

 

One Bluff Terrace is a four bedroom, six bath home with 5,075 square feet on a 47,000 sf lot. It i being marketed for $3.595M

 

 

 

 

 

 

 

 

MLS Remarks: Overlooking the beautiful ocean on a sandy bluff sits this sophisticated waterfront home. Collaborative efforts have transformed this residence into a stunning modern oasis with 5000 sq. ft. and beautifully balanced living areas all oriented toward the water. A magnificent kitchen, dining, and great room anchor the home and access the wrap around deck. There is a mud room, home office, butlers pantry, laundry room and 2 story foyer that complete the main floor. The first floor master suite with a spa like bath showcase water vistas of the sea and beyond. The second floor features 2 bedrooms with ensuite baths, family room with private deck and den. There is a guest suite over the garage, inground pool and a private stairway to your own white sandy beach…the ultimate waterfront home. Listing courtesy of Robert Paul Properties.

 

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Provincetown – Back On The Market – 46 Shank Painter Road – $875K

 

46 Shank Painter Road is a 15 year old contemporary cape with luxurious living on three levels – and a complete surprise! As you enter the house you are immediately struck by the view of Shank Painter Pond Wildlife Sanctuary. Most people don’t realize that this incredible pond view exists behind the house. This house literally sits on Shank Painter Pond and looks out on the most beautiful conservation land in town.

 

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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 is only 2 blocks to Commercial Street!

The pictures below show the living room and dining room – the west and south walls are rough hewn stone, the floors are hardwood, (and have just been refinished) and the view is delightful. There is a wood burning fireplace, a large full bath, and a den with doors out to a sheltered and private sunning/dining deck.

 

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The 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.

 

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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.

 

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46 rear view Shank Painter Pond

 

 

 

 

 

 

The second suite is the top floor of the house, and has stunning views of the conservation land stretching out before you. This floor is a light and bright 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, and a private deck.

46 Shank Painter Road is being offered at $875,000.

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