Tag: Cape cod real estate sales

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Wellfleet – Listing of The Week – 40 Leilla Rich Drive – $1.295M

Listing Of The Week – 40 Leilla Rich Drive in Wellfleet is a five bedroom five bath 4,049 sf home in Wellfleet. It is being marketed for $1.295M.

 

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MLS Remarks: Built in 2012, this 4049sqft. residence is situated on a perfectly manicured lot that enjoys peeks of the Audobon Sanctuary Marshland. You will truly find everything you need in this meticulously designed and extremely well-planned home. Cherry built-ins and many other top-of-the-line materials and appliances throughout. The Master bedroom is situated on the first floor, and its large en-suite bathroom includes a heated floor, huge walk-in closet, and easy access to private patio with beautiful outdoor shower and Jacuzzi tub. Guests will enjoy large bedrooms and full-bathrooms of their own, as well as taking in the stunning sunsets from the expansive upper porch. A short distance to the Cape Cod bike trail and famous Marconi Beach, and very convenient for kayaking and boating. Listing courtesy of Robert Paul Real Estate.

 

See all available properties at Beachfront-Realty.com

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Provincetown – Goode And Farmer Holiday Newsletter December 2017

 

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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.

 

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

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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.

 

See all available properties at Beachfront-Realty.com.

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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.

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

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Provincetown Listing Of The Week – 11 Thistlemore Rd – $1.349M

 

11 Thistlemore Road is a three bedroom four bath home with 2,608 square feet on a 8,276 square foot lot. It is a stunning  renovation of one of the most dramatic houses in the neighborhood. It is being marketed for $1.349M.

 

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MLS Remarks: A rare find in Provincetown … a contemporary home with a modern day appeal.Perched at the peak of a private neighborhood, take in the commanding views of the bay and backside dunes from the 400sf top floor deck. Rest and relax in the sun or shade on one of the many private decks or screened in porch. Both the garden guest suite and master bedroom floor provide wonderful generous privacy. The stylish modern Leicht kitchen and amenities lead to additional elegant open space for dining and cocktail parties. Improvements include hardwood grade A oak floors throughout,specialty lighting, top notch fixtures, integrated landscape design, new roofing, renovated baths and more. Listing courtesy of William Ravies Real Estate.

See all available properties at Bechfront-Realty.com.

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Cape Cod Housing Shortage

 

This is an good article from Boston Magazine about the Cape Cod real housing shortage. We have inventory and affordability challenges in most markets on the Cape and surely in Provincetown as my posts have illustrated. We are fortunate though in Provincetown to have proactive, forward thinking folks in town government and on town boards who are spending huge amounts of time and energy on trying to find solutions to the challenges we face.

 

There’s an Alarming Housing Shortage on Cape Cod

And it’s only going to get worse.

By  Home & Property 

Wealthy vacationers are sucking the life out of Cape Cod, and it looks like they won’t be stopping anytime soon.

Banker & Tradesman reports more and more seasonal visitors are buying second homes on the Cape, which does not bode well for the region’s year-round residents. A swell in the demand for vacation homes is pushing out the regular folks—like restaurant workers and shop owners—who keep the Cape’s tourism industry churning.

This, and other unfortunate data, was published in a new Barnstable County housing market analysis prepared for the Cape Cod Commission. The report’s main takeaway? There’s an alarming housing shortage on the Cape. Massachusetts’ summer playground is suffering from an “affordability gap” thanks to rising home prices and low wage growth in the Cape’s tourism businesses.

As more homes on Cape Cod are bought up by vacationers, there’s decreased inventory for year-round residents—resulting in higher home prices. Usually, that shrinking inventory problem could be solved by building more houses, but Cape Cod’s low-paid workers can’t afford to build. Banker & Tradesman notes “what little homebuilding is happening is mostly second homes, with the exception of a few, modestly-sized affordable rental projects in the works.” And because there aren’t enough new homes being built, those looking to downsize have nowhere to go, which ties up even more of the inventory.

It doesn’t help that half of all second homes in Massachusetts are on the Cape. Over the next eight years, demand for vacation homes is expected to grow six percent, or twice as fast as year-round units.

“The Cape is experiencing a long-term surge in seasonal unit demand that it has never experienced before,” reads the report. “While second homes have been part of Cape Cod’s landscape and economy for decades, the unprecedented housing crisis of 2009 created something that Cape Cod’s housing market never experienced.”

The recovery period after the recession caused demand for seasonal homes to spike, and many year-round units were converted to vacation homes. According to the report, this surge will continue to have a long-lasting effect on Cape Cod’s housing market for the next decade. There are other takeaways from the analysis, too, like how the burden is mainly felt by those earning 80 percent or less of Barnstable County’s median income: $63,251. But the pinch will soon be felt even further up the income scale. By 2025, the greatest increase in burdened households will be in those earning 100 to 120 percent of the projected median income.

So, what is the state’s hook-shaped sand bar to do?

Simply increasing the supply of houses won’t magically cure the Cape since “there will be a strong economic incentive for the new construction to be converted to seasonal units,” reads the report. The analysis lays out a few solutions, including increasing the diversity of senior housing, increasing multi-family housing, and creating better public infrastructure.

“This isn’t a problem we can build our way out of under the regulations of the past,” Cape Cod Commission executive Paul Niedzwiecki said in a statement. “If we create the right environment and appropriate opportunities for higher density, we could see the market respond and close these gaps.”

 

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Provincetown Sale Of The Week – 48 Harry Kemp Way #9 – $685K

48 Harry Kemp Way #3 is a two bedroom, three bath condo with 1,114 square feet.  It was marketed at $699K and sold recently for $685K,  This condo is an excellent example  of the mid market here in Provincetown.

 

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Remarks: You’ll enjoy spacious townhouse living in this centrally located condominium. This immaculate home boasts an open floor plan living/dining/kitchen area with newly refinished hardwood floors, a wood-burning fireplace, and a half bath, all on the 1st level. On the 2nd floor, the oversized master bedroom has vaulted ceilings, exposed beams, 2 large closets and a bathroom with a jacuzzi tub and a separate shower. Also upstairs, a 2nd bedroom and a 2nd full bathroom. All baths were recently renovated. Use the unfinished basement for storage or create even more living space by finishing it. The exclusive use covered porch surrounded by beach grasses and flowers offers a lovely spot for relaxing or cooking out. CAC, 2 parking, pets for owners and weekly rentals permitted. Lovingly maintained.

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Provincetown Listing Of The Week – 59 Commercial Street – $3.49M

 

59 Commercial Street 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. 

 

See all available properties at Beachfront-Realty.com. 

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Provincetown – Goode And Farmer Report – October 2017

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