Tag: Cape Cod new construction

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S&P Case Shiller Composite: Prices Up 9.3%

Growth continues to cool

20-city index shows yearly price growth dropped to single digits in May

Teke WigginStaff Writer INMAN NEWS

Yearly growth in U.S. home prices continued to slow in May, but still remained well above average.

The S&P/Case Shiller 20-City Composite Index showed prices rising 9.3 percent year over year in May, down from 10.8 percent in April. Annual price gains slowed in May for all cities tracked by the index besides Charlotte and Tampa.

Source: S&P Dow Jones Indices and CoreLogic
Source: S&P Dow Jones Indices and CoreLogic
Still, prices climbed 1.1 percent month over month in May, with all 20 cities posting monthly increases for the second straight month.

Tampa registered the highest monthly price gain (1.8 percent), followed by San Francisco (1.6 percent) and Chicago (1.5 percent). Phoenix and San Diego were the only cities to show monthly increases of less than 1 percent in May, with gains of 0.4 percent and 0.5 percent, respectively.

The picture changes when adjusting for seasonal factors.

After factoring in the spring’s typical influence on home prices, prices decreased 0.3 percent month over month in May, with only six out of 20 cities showing gains.

 

Home to seven of the top eight cities showing the most annual price growth, the Sun Belt continued to lead price gains.

Despite seeing their annual price growth decrease by 2 to 3 percentage points, Las Vegas (16.9 percent) and San Francisco (15.4 percent) still posted the largest annual price increases.

The other cities that showed double-digit annual gains were: Miami (13.2 percent), San Diego (12.4 percent), Los Angeles (12.3 percent), Detroit (11.9 percent), Atlanta (11.2 percent), Tampa (10.2 percent) and Portland (10 percent).

Expanding home inventory has helped cool home prices in recent months. Economists generally view the trend as favorable because it will keep prices from rising too quickly, which hurts affordability and reduces buyers’ options.

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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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Affordable Entry Level In Provincetown.

This is the 3rd in my series of reviews of the three key market segments in Provincetown. The $1M plus market, the mid-market and last but not least the affordable entry level market. The entry level market in Provincetown is the $200K to $400K price range. Buyers are constantly surprised at some of the great properties that are on the market in this price point.

73 properties sold between $200K and $400K in 2012, accounting for 34% of the total sold. The average property sold in this price range was a 1 bedroom, 1 bath with 620 square feet and a sales price of $314K. Surprisingly 6 of the 73 were single family properties. I have included 2 of those below. One at 130 Commercial St is known to anyone who knows the West End well. A sweet little box of a single family right on Commercial Street past Pleasant. It has been renovated into a wonderful little house! The other single family property shown is 32 Ships Way Road.

One of our favorite condos was a stand alone studio in the West End that we sold last year. It was on the corner of Atwood Street and W. Vine, in the rear of a 4 unit condo complex at 14 West Vine. (see pic) It had a loft bed, a gas wood burning stove, and a wonderful private fenced in garden patio. Another favorite was 75 Province Lands Road which was a 1 bedroom end unit that has full on water views of the moors and beyond.

 

14 W Vine St. #4, studio condo $310K
14 W Vine St. #4, studio condo $310K
75 Province Lands Rd #12, 1/1/ condo $398K
75 Province Lands Rd #12, 1/1/ condo $398K
233 Bradford St #7, 1/1 condo, $272K
233 Bradford St #7, 1/1 condo, $272K

 

 

 

 

 

 

 

62 Franklin St #3, 1/1 condo, $270K
62 Franklin St #3, 1/1 condo, $270K
130 Commercial St. 2/2 Single Family, $360K
130 Commercial St. 2/2 Single Family, $360K
32 Ships Way Rd. Single Family, 2/1, $390K
32 Ships Way Rd. Single Family, 2/1, $390K

 

 

 

 

 

 

 

 

Currently there are 52 properties on the market representing 33% of all properties being marketed for sale, of which 3 are single family properties. The average being a 1 bedroom, 1 bath  with 620 square feet with an asking price of $325K.   Below are 6 properties that are currently available.

23 Conant, 7 Webster are stand alone condos, with all the privacy that comes with that. 30 Bangs is at the end of Bangs Street across Bradford in a quiet private complex. 60 Race Road is a spacious 2 story townhouse with a full basement.

23 Conant St. 2/2 condo $329K
23 Conant St. 2/2 condo $329K
30 Bangs St. 2/2 condo, $349K
30 Bangs St. 2/2 condo, $349K
60 Race Point Rd. 2/2 condo, $395K
60 Race Point Rd. 2/2 condo, $395K

 

 

 

 

 

 

 

7 Webster Pl #1, 1/2 condo, $215K
7 Webster Pl #1, 1/2 condo, $215K
233 Bradford St #7, 1/1 condo, $272K
233 Bradford St #7, 1/1 condo, $272K
163 Bradford St #3, 1/2 condo $329K
163 Bradford St #3, 1/2 condo $329K

 

 

 

 

 

 

 

 

Year to date 29 condos have sold with sales prices in this range representing 47% of all properties sold so far this year. It’s a very busy segment of the market and you can see why when buyers have the choices like those shown below. The average condo sold was a 2 bedroom, 1 bath condo of 741 square feet selling for $303K. 

88 Bradford St is an end unit with vaulted ceilings and lots of private use outside space. 23 Conant is a cute stand alone condo in the near West End while 2 Mayflower is a charmer of a cottage in the woods in the far East End. 163 Bradford St #1 was bought by some very dear friends. It’s central location, 2 baths and extra room along with wonderful private use outside space made it a great value.

88 Bradford St. condo, 1/1, $312K
88 Bradford St. condo, 1/1, $312K
23 Conant St #5, condo 1/1, $252K
23 Conant St #5, condo 1/1, $252K
2 Mayflower Ave #3, condo 1/1, $217K
2 Mayflower Ave #3, condo 1/1, $217K

 

 

 

 

 

 

 

163 Bradford St #1, condo 1/2, $374K
163 Bradford St #1, condo 1/2, $374K
147 Commercial St #L3, condo, 1/1, $275K
147 Commercial St #L3, condo, 1/1, $275K
15 Court St #5, condo, 2/1, $388K
15 Court St #5, condo, 2/1, $388K

 

 

 

 

 

 

 

 

Hopefully this post has illustrated the incredible variety of properties in this price range. Buyers are always surprised at what their dollar can buy as they are always hearing about how expensive property is in town. It is a dynamic market segment with great variety of properties for sale.

 

 

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Mid-Market In Provincetown

The mid-market in Provincetown is the $400K to $800K price range.  This segment represented 45% of total sales in 2012…46% of condo sales of 166 and 39% of single family sales of 52…in other words it is where the action is. Below are 3 condos and 3 single family properties that sold in 2012. 40 Pleasant is a beautifully  renovated 2 bedroom condo in a 3 unit complex with wonderful outside space. 389 Commercial is a very special 1,384 square foot waterfront condo with vaulted ceilings and a huge  deck. 14 Meadow is a free standing condo that lives like a single family home. 3 distinctly different properties in the mid priced segment.

40 Pleasant St. 2/1, $500K
40 Pleasant St. 2/1, $500K
389 Commercial St.#6, 2/1, $575K
389 Commercial St.#6, 2/1, $575K
14 Meadow Rd. #16, $695K
14 Meadow Rd. #16, $695K

 

 

 

 

 

 

 

9 Center St. SF, 3/2, $650K
9 Center St.  SF,  3/2, $650K
290 Bradford St. 2/1, $490K
290 Bradford St. SF 2/1, $490K
8 Priscilla Alden 2/2, $800K
8 Priscilla Alden SF 2/2, $800K

 

 

 

 

 

 

 

 

Currently there are 56 properties on the market priced between $400K and $800K representing 33% of the total condo and single family properties available of 155. 

10 Washington St is a 3 bed 4 bath condo with 1,175 square feet.  145 Commercial St is in a beachfront complex in the West End. My favorite on market condo is  15 Cottage St. #9 on the pool at the Kensington Gardens complex. 1,710 sf, 3 bedrooms, separate dining room, chefs kitchen and 3 bedrooms for $594K.

The 3 single family’s shown represent some great values. 70 Race Point Rd is a 4 bedroom, 4 bath house with 2,736 square feet. 11 Willow Drive is s brand new 3 bedroom 3 bath house with 2,234 square feet . 1 Railroad Ave is a Provincetown gem and a value at $469K.

condos:

10 Washington St. 3/4, $709K
10 Washington St. 3/4, $709K
15 Cottage St #9, $594K
15 Cottage St #9, $594K
145 Commercial St #M3, $439K
145 Commercial St #M3, $439K

 

 

 

 

 

 

 

Some single family properties;

70 Race Point Rd. 4/4, $668k
70 Race Point Rd. SF, 4/4, $668k
11 Willow Dr. 3/3, $769K
11 Willow Dr. SF, 3/3, $769K
1 Railroad Ave. 2/3, $469K
1 Railroad Ave. SF,  2/3, $469K

 

 

 

 

 

 

 

 

Year to date 20 properties have sold between $400K and $800K, 11 condos and 9 single families. This represents 33% of the total sold of 60. As you can see a perfectly symmetrical market dynamic.  33% of inventory and 33% of sales.

Below are a few of these sold properties. 50 Harry Kemp Way is a spacious townhouse style 2 bedroom condo in an well established condo complex. 381 Commercial is a beachfront condo in the East End and 61  Harry Kemp Way is a magnificent new construction single family home finished with the highest quality finishes.

 

50 Harry Kemp Way, 2/2, $500K
50 Harry Kemp Way #3, 2/2, $500K
381 Commercial St. 2/2, $485K
381 Commercial St. #9,  2/2, $485K
21 Court St #4, 1/1, $435K
21 Court St #4, 1/1, $435K

 

 

 

 

 

 

 

262 Bradford St. SF, 3/2, $467K
262 Bradford St. SF, 3/2, $467K
8 Thistlemore Way, SF, 3/3, $600K
8 Thistlemore Way, SF, 3/3, $600K
61 Harry Kemp Way, 2/3, $781K
61 Harry Kemp Way, 2/3, $781K

 

 

 

 

 

 

 

 

What do these facts and figures tell you about the mid-market here in Provincetown? That it is the most active important segment in the market.  That in 2012 it was almost half of all sales in the market with the average condo in this segment selling for $539K, with 2 bedrooms, and 2 baths and 1,122 square feet. The average single family home sold for $621K, had 3 bedrooms and 2 baths and was 1,705 square feet.  As you can see from the assortment of properties shown above, the diversity of style, type, location and price in this segment is surprisingly diverse. I’ll keep reporting on interesting developments in the mid market and let you know my favorites as new properties come available.

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bungalow 58

58 Franklin St $1.059M

Gorgeous newly renovated home with pool in the near West End

bungalow 58 has been totally renovated with exceptional attention to detail. This is a 2 bedroom 2.5 bath, 1,844 square foot  home with  a large family room and full bath on the lower level.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The stunning pool environment has a stone surround, natural rock walls, beautifully designed garden areas and a charming 160 square foot pool cabana.

 

 

 

 

 

 

 

 

The kitchen has double Dacor wall ovens, a five burner gas cooktop, a built in Silhouette wine cooler, and Bianca Carrera marble counters. There is a separate dining area and a large living room with a fireplace.

 

 

 

 

 

 

 

The master bedroom and the guest bedroom/den have sliders to the pool area. There is dyed oak hardwood throughout the main floor and and aged white oak hardwood in the family room.

bungalow 58 is located in the near West End , just a few minute walk from Commercial Street restaurants shopping and beaches. Give us a call and we will get you a full marketing package. bungalow 58 is being offered at $1.089M.

 

 

 

 

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Two Recent Truro Sales

6 Cooper Terrace $915K

These two recent Truro sales represent an interesting and diverse segment of the Truro single family home market. New houses, one brand  new and one built in 2002 illustrate the quality of homes available and the  great value available in Truro . 6 Cooper sold at $446 per square foot while 56 Castle Road sold at $257 per square foot. I know that most buyers, sellers and agents on the Cape don’t often use per square foot price as an important indication of value, but I just cant stop myself from using as it was embedded in my city training.

6 Cooper Terrace $915K

6 Cooper Terrace a 3 bedroom 2 bath 2,048 sf house sold for $915K on February 25 . (from MLS) Enjoy privacy and views of Cape Cod Bay and the Hopper house from this outstanding, architect designed contemporary built in 2002. The great room with soaring windows, including living and dining areas with an open kitchen, is on the first floor. The first bedroom and bath are also on the first floor while the second bedroom and bath, as well as a sleeping loft overlooking the great room, are on the second floor. There is a screen porch and patio off the first floor, and a deck looking out to the bay off the second floor. There is also a large outdoor shower. This home has a four-bedroom septic and sits on 1.42 acres, ample acreage for a guest cottage and/or additional bedrooms in the house.

 

 

 

 

56 Castle Road $722,500

56 Castle Road a 4/3, 2,808 sf house sold for $722,500 on March 1. (from MLS) Spacious brand new contemporary in a terrific Castle Rd., location. This brand new home is well sited to afford nice privacy with lovely natural views and vistas of the marsh. Open airy feel to the main living level with vaulted ceiling and over sized sky lights.In addition there is a master bedroom with bath and an added guest room. Full social bath.Lower level has 2 additional bedrooms,huge family room with sliders for extra light and 1-1/2 baths.All living areas and bedrooms are generously sized. There is a very large wrap around deck for outside living. Great home for large families, friends and parties. Super rental potential!

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$500K In Provincetown And The South End

Provincetown waterfront or the heart of  Boston’s South End. Two great condos priced at $500K (+-).  One in a waterfront complex in Provincetown and the other a new construction one bedroom/ one bath condo on Washington Street in the South End. Zero Worcester Square #F is being marketed at $822 per square foot, and 381 Commercial #9 is being marketed at $852 per square foot. An interesting comparison….and remember my caveat…descriptive copy has been taken directly from MLS.

 

Zero Worcester Square #F, $495K, ..1/1, 602 sf. Fabulous new construction one bedroom residence with private elevator access. This is a unique opportunity to live in an elegant contemporary space surrounded by a charming nineteenth-century view! This sun-filled corner home has walls of windows, a southwestern exposure looking over the Square, private balcony and hardwood floors throughout. The beautiful kitchen has three windows, gas cooking and is fully applianced. Located just steps from the best of the South End’s restaurants and shopping!

 

 

 381 Commercial St #9,  Bull Ring Wharf. $499K, 2/2, 586 sf . A charming home filled with Cape Cod charm provides the ultimate in beachfront living. Situated in the heart of Provincetown this newly renovated 2 bedroom condo has been updated with new custom tiled bathroom, new kitchen cabinets with granite countertops, new appliances and gleaming refinished wood floors throughout the living room and bedrooms. Quite simply this condo is the perfect Provincetown getaway or rental. There are 2 expansive common decks to enjoy sun bathing and beachcombing, all just steps from your door. Parking for one car, common laundry and extra storage for owners. Pets and weekly rentals allowed. Very strong rental history! Buyer to assume remaining sewer betterment.

 

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Thanksgiving In Provincetown. (BTW…The Pilgrims Landed Here First!)

Well it’s fall in Provincetown. Sandy has come and gone as so has the election. The trees have dropped most of their leaves providing water views where there were none. And although the town is considerably quieter than during the summer buzz, it’s a wonderful time to relax and enjoy some of the other beautiful scenes here on the Outer Cape.

Weekends in November and December offer fun events for family and friends to gather and share each other’s company – like the traditional Lighting of the Pilgrim Monument on November 21 from 5-7PM that opens the busy Thanksgiving Weekend. There’s also a benefit for the Provincetown Business Guild with their Casino Night at The Crown & Anchor on Friday the 23 at 8PM. And for shoppers, there’s the festive Holly Folly weekend, Nov. 30 to Dec. 2, with many stores open and offering deep discounts. Look for regular community updates here on the blog.

We all love this town for what it offers us in season. But, Provincetown also has a very engaged and caring year-round community with many opportunities to get involved. Please think about continuing your love and support for our community over the upcoming holiday season by helping some of our nonprofit organizations. Volunteer, send in a donation, participate in fundraising events. To help get you started, we’ve included a great “clickable” list of nonprofit organizations and ways to get involved. (see below)

So, come to town for a weekend or two and enjoy the “other season” that Provincetown offers and do a little good along the way.

And, be sure to stop in and say hi when you’re here. We’ll have the fireplace going and the coffee brewing.

Wherever Thanksgiving and the holidays finds you this year, we are thankful for your friendship, your continued trust in us for your real estate needs and the referrals you send our way. We look forward to seeing you in the New Year and share our hope with all of you for prosperity, good health and renewed friendships.

Your friends at  Beachfront Realty.

Jon and Bill

 

Town of Provincetown Volunteer Corp  Beach cleanup, conservation land stewardship or cleanup, beautification committee cleanup, emergency shelter volunteers, tourism,  participation on town boards, public health & safety preparedness, Council on Aging.

Pilgrim Monument  Our donations, memberships and purchases help preserve Provincetown’s rich history for generations to come.

Fine Arts Work Center  (FAWC) Since 1968, the Fine Arts Work Center has worked to provide time and space for emerging artists and writers at critical moments in their creative development.

Helping Our Women  (HOW) A resource center for women with chronic, life threatening and/or disabling illness
Serving Provincetown and other towns.

Aids Support Group of Cape Cod.  Working to maintain and enhance the quality of life for persons living with HIV and AIDS.

Provincetown Art Association and Museum  The purpose of this association is to promote and cultivate the practice and appreciation of all branches of the fine arts.

Provincetown Center for Coastal Studies  Conducts scientific research with emphasis on marine mammals of the western North Atlantic.

Provincetown Conservation Trust. Raises funds to save land (or donating land itself) leaves a lasting legacy and enhances our shared quality of life on Cape Cod,

Pilgrim Bark Park  Our mission is to establish a gated, off-leash community space in Provincetown for its residents, visitors and their dogs.

Provincetown Public Library  Located downtown on the center of Commercial Street.

Soup Kitchen in Provincetown SKIP. Established in 1992, the Soup Kitchen In Provincetown (SKIP) provides a hot, nourishing lunch to Outer Cape Cod residents, November through April, Monday through Friday.

Ruthie’s Boutique Ruthie’s Boutique has provided the community of the lower cape with gently used, inexpensive clothing, books, electronics, and other household items. The net proceeds from the sale of these items is donated to local charities.

Carrie A. Seaman Animal Shelter, (CASAS) is a no kill animal shelter designed to support the wonderful animals of the lower cape.

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New Developments In Provincetown. The Near West End

There is a lot of building activity this fall in town, not only home renovations all over town but great substantial developments. In the next few weeks I will review my favorite new developments in different neighborhoods. Starting in the near West End there are three great projects done or nearing completion. We have shown many of these condos to our buyers and they are all unique in their own way and offer terrific options and amenities. My repeated caveat that much of the descriptive copy is direct from MLS.

4 Race Road is one of my favorites as the floor plans are unique and the finishes are very nice. Unit #3 the first floor 2 bedroom unit rambles along with a separate living room, a great dining room/kitchen and then down a lovely gallery hallway are two bedrooms with their own full baths.  4 Race Road #3, $659K, 2bed/3bath, 1,170 square feet.  This first floor unit is the perfect mix of historic detail and modern conveniences. Enter through the double front doors into the light-filled living room w/hardwood floors and oversized 2/2 windows. Seperate kitchen/dining with white cabinetry, top-of-the-line stainless appliances and granite counters. 1/2 bath. Two good-sized bedrooms, each with their own en-suite bath w/custom tiles. 2 car parking on Carnes Lane. Exclusive use yard area in front and along east side of house.

 

 

The PH is just wonderful.  One of the most unique condo offerings in town with it’s multiple decks and amazing light. 4 Race Road #4  1 bed/3 baths, 1,080 square feet, $649K, is nearing completion. Located on top two floors of 4 Race Road, the first floor of the unit has a living room, eat-in kitchen, 1.5 baths and a glorious sun room that opens onto a south-facing deck. Upstairs is a large bedroom with private deck, and an en-suite bath containing a separate tub & shower and double sinks. A very special unit with of 1080 s.f. plus 300+ s.f. of decks. Exclusive use yard space and two car tandem parking on west side of building.

64 Franklin Street #F. 3 bed/2 bath, 1,080 square feet, $654,900. This is a completely renovated three bedroom penthouse in Provincetown’s west end. Nearing completion this unit with vaulted ceiling, skylight, open kitchen, dining and living area offers great light and air. The kitchen offer lots of work space, stained cabinets, solid surface counters, stainless appliances and island for added dining. The master bedroom has its own bath with tiled shower for two. There are two guestrooms which share the second bath also with tiled shower. A large exclusive use deck off the living room is great for outdoor entertaining. Additional features include: air conditioning, gas fireplace, crown molding, cottage style 5-panel interior doors, oak floors, separate in-unit laundry room, basement storage, and parking for 2 cars. One year warranty included.

64 Franklin #E, $639K, 3 bed/2 bath, 1,080 square feet. This 3-bedroom, 2-bath unit open kitchen, dining and living area offers great entertaining space. The spacious kitchen has lots of work space, stained cabinets, solid surface counters, stainless appliances and island for added dining. The master bedroom has its own bath with tiled shower for two. There are two guestrooms which share the second bath also with tiled shower. Plenty of options for outdoor use with exclusive mahogany decked porch, side bricked patio and large yard. Additional features include: air conditioning, gas fireplace, crown molding, cottage style 5-panel interior doors, oak floors, separate in-unit laundry room, basement storage, and parking for 2 cars. 1 year warranty included.  #D is available too 2/2 $639K, 830 sf

50 Pleasant Street #1, 3 bed/4 bath, 1,600 square fee. $829K. Brand new construction in the West End! Own one of only two units on a beautifully wooded lot. Three bedrooms, three and a half baths, townhome style living with a full finished basement. Oak flooring, granite counters, stainless appliances, gas fireplace, central air, exclusive use outside space. The unit is accompanied by a separate garage space and artist studio above. Completion date approximately late October

 

 

 

 

50 Pleasant St #2, $810K, 2 bed/4 bath, 1,276 square feeet.  Own one of only two units on a beautifully wooded lot. Two bedrooms, three and a half baths, townhome style living with a full finished basement. Oak flooring, granite counters, stainless appliances, gas fireplace, central air, exclusive use outside space. The unit is accompanied by a separate garage space and artist studio above. Completion date approximately late October

Illustrating the continuing strength of the market both of these condos at 50 Pleasant are under contract.

 

Next week I will focus on developments farther into the West End out towards the beach.

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My Favorite 3 Bedroom Condos in Provincetown

15 Cottage Street #9

There are some great 3 bedroom condos on the market in Provincetown. They are big, have lots of room for family and friends, are in great locations, and are super investment opportunities.  These can rent for anywhere from $3000 to $6000 a week in season. There can even be a positive cap rate investment argument made for a few of these.  Where else but in Provincetown can you find that?

There are 17- 3 bedroom  condos available for sale with an average asking price of $759K, and an average size of 1,436 square feet. I have highlighted my favorites below including the best value on the west end and east end, the best new construction value, and the best waterfront value.

My ever present caveat remains… I have lifted descriptive copy from the MLS and am not responsible for spelling or grammatical shortcomings..but do enjoy.

15 Cottage Street #9

Best West End Value. 15 Cottage Street #9, 3/2, 1,710 sf, $599K. Prime West End location combining incredible resort-like living, great entertainment space and exceptional rental income. This is a 3 bedroom/2 full bath residence. The Master bedroom has a large patio overlooking the landscaped gardens, a comfy sitting area and a luxurious master bath. The 2nd bedroom looks onto the gardens through a bay window. The 3rd bedroom overlooks the pool and has a large hollywood bath. Entertainment size eat-in chefs kitchen with gas cooking, Bosh D/W, wine cooler granite countertops and a large breakfast bar. Large separate DR easily seats 10. Large LR with game area and frplc overlooks in-ground heated swimming pool. Spacious and luxurious, with every indoor/outdoor activity at your doorstep.

 

 

 

480 Commercial St # 2

Best East End Value. 480 Commercial St #2. $655K, 3/2, 1,225 sf. This meticulously maintained top floor condominium offers water views and deeded beach rights. Just steps from the Gallery District, this recently renovated home features three generous sized bedrooms, two full bathrooms, and open concept living. This antique home gives you close proximity to downtown but the quiet allure of the East End. There is exclusive use deck as well as a common porch overlooking lush, manicured gardens. There is parking for two cars plus guest parking. Water views, deeded beach rights, three bedrooms, 1,225 square feet of living space and $30k plus in rental income – what’s not to love

 

 

 

577 Commercial St #3E

Best Waterfront Value. 577 Commercial Street #3E. 3/2 1,200 square feet, $739K. Best Provincetown 3 BR waterfront value – just over $600/sq.ft.! Live right on the beach in this relaxed, casual/ modern 1200 sf East End duplex condominium on the top 2 floors of a historic building. Enjoy views of PT, Long Point Lighthouse, Pilgrim Monument & Truro. First level: Living/Dining/Kitchen combination, private deck w/ outdoor dining. Fully equipped Kitchen, DW, 2 private BR’s with double captain bed ea. , 1 full bath with tub/shower off LR. Upper level: Open loft MBR suite(semi-open to LR below) with vaulted ceilings, ceiling fans Skylights, king bed, full bath with stall shower, sitting ‘hang out’ area and private deck.

 

 

21 Bradford St Ext #16

Most Luxurious new construction. . 21 Bradford Street Ext #16, 3/4, 2,160 sf, $1.399M.Introducing the brand new, top of the line, model unit for Phase II of Herring Cove Village, the West End’s most luxurious condominium, boasting countless amenities.These spacious free standing homes are built with entertaining in mind. The oversized chef’s kitchen is the hub of the floorplan,& features custom cabinetry, Thermador appliances, large custom center island, a contemporary gas fireplace, and conversation area. Bluestone patio & large exclusive yard. There are beautiful dark stained maple floors and 9 foot+ ceilings. The master suite has a walk in closet and a double sided fireplace between the bedroom and large marble bath. The other 2 BR have ensuite baths. Enjoy water views from the roof deck

 

 

 

There are many other 3 bedroom condos available and 51- 3 bedroom (or more) single family homes available which I will review in a future post.