555 Commercial Street #D is an East End waterfront condo with 2 bedrooms 2 baths and 1,364 square feet. It is being marketed for $1.495M
MLS COPY: This impressive two-story waterfront townhouse offers breathtaking views from Truro to MacMillan Wharf and beyond. Located in the East End, this home offers an exclusive front brick patio surrounded by mature plantings perfect for summer grilling. The open floor plan promises unobstructed views of Cape Cod Bay whether you’re in the kitchen, dining area or relaxing in the living room by the wood burning fireplace. The current owner created an office on the first floor to telecommute and could easily be opened up to maximize the living space. A sliding glass door leads to a waterfront deck with stairs to the beach. There are two bedrooms on the second floor. The spacious master bedroom has ample closet space, wood burning stove, windows on three sides, and two sliding glass doors leading to a large balcony overlooking the bay.
One of our favorite listings ever – 12 Atwood Avenue #B is a 696 square foot one bedroom one bath freestanding cottage in the West End. It sold for $505K last week.
The Cottage at 12 Atwood Avenue is the quintessential West End Cottage. This charming wood-frame home is set back from the private unpaved lane behind a honeysuckle-covered white picket fence. With 696 square feet of living space, this one bedroom, two-story cottage is the ultimate Provincetown retreat. The living room is at the front of the cottage and has an oversized wood-burning fireplace. There is a dining room/den next to the kitchen in the rear of the first floor. The entire second floor is a large bedroom and bath with multiple windows with wonderful sight lines to lovely Atwood Avenue. There is also a very sweet, exclusive-use, sun-lit private garden and patio area. This freestanding cottage is part of a two unit association and has one parking space.
Three properties that sold in the last week are highlighted below. They provide a great example of the diversity and breadth of properties available in Provincetown. A West End single family home with a pool, a pristine West End townhouse condo, and a more traditional contemporary single in the Shank Painter Province Landings apartments neighborhood.
89 Bayberry Avenue is a great resort like home with 4 bedrooms and 3 baths and 2,600 square. It sold for $1.2M.
This 4BR 3BA West End oasis with views,2FP, a htd. pool and hot tub, provides privacy, tranquility and a wonderful floorplan for all. The entry level of this exquisitly maintained contemporary cape has a large fireplaced living room, separate dining area and open kitchen all looking out to a large deck and beautifully landscaped grounds. In addition, there are two bedrooms and a full bath. The upper story is home to a remarkable master suite with a bedroom, second fireplaced living room and full bath with a large separate walk in shower. A second private deck is accessed from the suite. The first level has a bedroom, full bath and walks out to the fabulously landscaped back yard.
46 Pleasant Street #A is a terrific West End condo that has everything! It sold for $525K. It has 2 bedrooms and a 1 1/2 baths, along with a large den/family room for entertainment or extra guests. This home has 1,070 square feet, and two great outdoor spaces, numerous upgrades, 2 parking spaces and a coveted location in the West End.
The open floor plan is great for entertaining and light and bright with windows on 3 sides. The kitchen is newly renovated with granite counters, white cabinets and hardwood floors. There is a full laundry in the renovated half bath directly off the kitchen. The living room has a gas fireplace and there is a separate dining area in the sunny northeast corner of the house. There are two great outdoor spaces including a large private fenced in deck in the back of there condo for grilling and dining. There is plenty of room for relaxing and dining on the front deck and on the patio/garden too – and just enough garden for satisfying a green thumb.
12 Ships Way Extension Road a three bedroom 2 bath contemporary with 1,955 square feet recently sold for $627,500 having been marketed with an asking price of $659,900. This great single family house is located in a wonderful well established residential neighborhood behind Province Lands apartments and the Cumberland Farms plaza. It is a great example of a well priced solid single family home not seen to often here in town.
MLS COPY: Sitting atop a level/gently sloping & beautifully landscaped yard, this updated & very well maintained 3-bedroom, 2-bath contemporary offers an abundance of open space, high ceilings & light. Main level entry is expansive with large tiled foyer area & vaulted ceiling with 2 skylights. This area extends into an open floor plan livingroom with gas fireplace, dining area with slider to deck and kitchen with breakfast bar, stainless appliances, granite countertops and hardwood flooring throughout. Full bath & den/office area complete the first level. Upstairs is a generously-sized master bedroom with walk-in closet, 2nd bedroom with walk-in closet a smaller 3rd bedroom & full bath with jacuzzi tub and shower. Central AC, ADT security system, full basement, spacious deck area off the diningroom surrounded by lovely gardens.
Trap sheds? Check. A working lighthouse? Check. Bungalows, cottages and McMansions? Triple check. ‘Tis the season for a virtual trip to the beach in search of single-family abodes in the sand that won’t break the bank, relatively speaking. Hence, here’s an updated map of Cape Cod’s least expensive beachfront listings, by town, with 15 sandy abodes asking $459,000 to $2,395,000
Cape Cod’s Least Expensive Beachfront Listings, Aug. ’14
BOURNE
Kicking off with a 4BR Pocasset beach house that comes with a waterside “quintessential lazy front porch” and bath/bunk house. First listed in March 2013 for $649K, the post-PriceChopper ask is now $549K.
The brokerbabble insists, “You will make many memories here.” So there’s that. The 3BR, 1.5BA beach house hit the market in March for $650K, but a mid-August slice brought the ask down to $599K.
“True beachfront property!” This 6BR, 4.5BA 1918 shingle-style comes with “panoramic views from Washburn Island all the way to Falmouth Harbor and across to the Vineyard” and a gorgeous porch. Asking price is $1,850,000.
Located on Popponesset Beach, this 1,055 sq. ft. 2BA, 1BA was built in 1942. The beachy spread debuted on the market in May 2013 asking $1,500,000 and is now down to $1,100,000.
“Location, Location, Location!” This 3BR, 1BA sits in between Centerville’s Craigville and Covell’s beaches and comes with its own private deeded sand on Nantucket Sound. Yours for $1,150,000.
First listed in April 2013 $2,499,000, this South Yarmouth 4BR, 3BA on Nantucket Sound is now hoping for $1,899,000. Per the excited brokerbabble, “What a Place to Call Home!!!!!!!!!”
Built in 1940, this 3BR, 1BA on Nantucket Sound has views from Great Island to Monomoy and is described in the listing as a “developer’s dream.” After hitting the market in May for $1,033,000, the ask is now down to $989,000.
The PriceChopper Hall of Fame nominee of the day goes to this West Harwich 3BR, 3BA that’s been bouncing around the market since 2009 when it was looking for $3.3M. As of this writing, the 2,331-square-footer with its own white sandy beach on Nantucket Sound can be had for $2,395,000.
Available for the first time in 30 years, this South Chatham beachfront cottage with an “established rental history” is asking $1,900,000. The 2BR, 1.5BA features “sweeping elevated water views over Nantucket Sound out to Monomoy National Wildlife Refuge!”
This Brewster Dunes year-round co-op features a working lighthouse – really. The 2BD, 2BA comes with its own private beach and is asking a rather odd $885,999.
Built in 1955, this contemporary beachfront home features 4BD, 2BA. With “stunning views of Nauset beach,” the property “has a successful rental history exceeding $50,000 in rental income for July & August for 2013.” Asking price is $1,499,000.
This adorable beachfront bungalow was built in 1948 and comes with private steps to Cape Cod Bay. The 3BD, 1BA 768 square footer first hit the market in 2011 for $1,300,000 and is now asking $799,000 – no doubt something to do with the need for a “stone revetment.”
“Living on the edge!” This 4BD, 3BA sits 80′ above sea level on Sunrise Dune in the Cape Cod National Seashore. The 2,500-square- footer overlooking the Atlantic Ocean hit the market in May 2013 for $1,250,000. Three pricechops have brought the ask down to $995,000.
780 OCEAN VIEW DRIVE, CAPE COD, WELLFLEET, MA 02667
Why doesn’t anyone want these trap sheds on the beach? Once asking $575,000, the beachfront 1BD cottage and twin studio have been pricechopped a couple of times and are now asking $459,000.
The current owners purchased this bayfront building back in 1963 for $16,000. Fast forward to today and the circa 1860 seasonal two-family is on the market for $1,500,000. That’s a potential 9,275% jump in value for a fixer-upper “in the flood zone.”
Summer is typically a sleepy time for the real estate market, but not this year.
“For sale” signs are popping up across Greater Boston and other parts of the state, with a significant uptick in homes hitting the market, says Peter Ruffini, president of the Massachusetts Association of Realtors.
That, in turn, is likely to mean good news for home buyers stressed over rising prices, Ruffini says.
Certain communities, like Plymouth, seen above, are particularly seeing a pick-up in listings.
Several dozen additional homes have hit the market in Plymouth this summer, providing a significant boost to the market, notes Ruffini, a regional vice president at Jack Conway & Co. in Hanover.
That’s significant given the coastal town is often a bellwether for the South Shore real estate market, he says.
“The good news is that there are fewer (sellers) sitting on the sidelines than there were earlier this year,” Ruffini says.
Overall, June saw 8,418 homes hit the market across the state, a 13 percent jump over the same period in 2013, MAR numbers show.
More listings, in turn, could also take some of the pressure off buyers, who are too often faced with bidding wars given the long-standing shortage of homes on the market, he says.
And while the median home price in Massachusetts hasn’t quite caught up to where it was during the housing bubble years in the mid-2000s, Ruffini is OK with that.
“In my view the market recovery is more about sustainability and affordability,” Ruffini says. “It has to be a sustainable market.”
“Best timing” differs in all locales but the late summer and fall market is the busiest time on the Cape to buy or sell a home. Good post by Julie from Boston.com below.
By Julie Xie
Boston.com Staff
Sun dresses and beach towels are on sale at the mall. So are vacation homes on the market.
Turns out, September and October are great months to go vacation home hunting in New England because prices are dropping. It makes sense — sellers want to get properties off their hands because they don’t want to maintain them through the winter.
Doug Reece, who works as a realtor for Martha’s Vineyard at RE/MAX, recently worked with a seller who dropped the price of his house from $900,000 to $699,000.
“As a buyer, you’ve got to be ready to hop in the car and get here on short notice when those things happen. Or else someone else will,” he said.
While it’s hard to put exact numbers on it, Kevin Austin, from Cape Cod Oceanview Realty, said people tend to drop their prices around 5 percent just to get people to come look at the house and stimulate some activity.
“If people feel they can get a house for cheaper, they’ll usually wait until September and October to see if the price will drop,” said Austin, who specializes in the Orleans area of Cape Cod.
The trend is expected to continue until the end of the calendar year. By the time January and February roll around, many sellers figure that if they’ve already held a property for that long, they might as well hold on to it for another season.
Early spring is another busy season for New England vacation homes, as buyers want to close on a property and use it for the summer.
Nationally, the best times to buy vacation home differ by region and climate, but in general there has been a 30-percent surge in vacation homes in 2013, according to the National Association of Realtors.
And Lawrence Yun, NAR chief economist, expects this upward swing to continue in 2014. A nearing-retirement baby boomer population and an improving stock market are likely to give rise in vacation home purchases.
Bottom line: Act fast and get yourself to the Cape.
43 Race Point Road is a great newer contruction entry level condo right across Rte 6 on Race Point Road in the Garden Renovations/Yoga studio complex. It is a 370 sf 1 bedroom condo being marketed at $189K. This condo is a super opportunity for either year round living or investment.
MLS COPY: Affordable year round one bedroom condo located on Race Point Rd, just across Route 6 and about 1 mile form the center of Provincetown. Recent new construction with efficient LP gas hot water heat. Laundry in unit. Deeded parking. Weekly rentals are allowed and this was rented for $1,000./per week in 2014.
Hey, maybe having the commander-in-chief vacation on your resort island isn’t such a boon after all.
President Obama is one Martha’s Vineyard for his annual two-weeks of fun and sun on the resort island.
And the only thing slumping faster than the president’s approval ratings are home prices in Edgartown.
TripAdvisor
The median price of a single-family-home in Edgartown plunged more than 22 percent during the first six months of the year, to $619,250, reports The Warren Group, publisher of Banker & Tradesman.
West Tisbury home prices fell nearly 12 percent during the same time period, sinking below the $500,000 mark.
Despite a strong showing in Tisbury, where prices rose more than 19 percent, the median price for the island as a whole fell by 4 percent.
Funny thing, when Obama first began vacationing on Martha’s Vineyard early in his presidency, home prices on the island were on a tear, rising faster than neighboring Nantucket. However, since a big rally in 2010, real estate values on the Vineyard, known for its colorful mix of celebrities, writers and artists, have bumped around, rising and falling.
No more. Nantucket is now by far the hottest of the two islands when it comes to real estate values. The median price on the buttoned-down summer home for the nation’s corporate elite hit $1.1 million during the first six months of 2014, up more than 24 percent.
28 Nickerson St is a gorgeous newer construction single family house in the West End. It has 3 bedrooms and 3 baths with 1,705 sf and is being marketed for $1.459M.
MLS COPY: West End 2013 New Construction designed with careful attention to detail, built by Cape Associates, Inc. This beautiful 3 bedroom, 3 bath home has a HERS 5+Star rating for energy efficiency, 3 zone heating and cooling, propane on demand hot water, generator and surge protection. Exterior features include professional landscaping and irrigation system, 2 car cobblestone driveway and paths, low maintenance Azek trim and Ipe hardwood decking, dipped cedar shingles, enclosed outdoor shower. Interior features include Anderson windows, red birch flooring and high end finishes including Wolf dual fuel range, Subzero refrigeration, Miele dishwasher, Waterworks and Kallista kitchen, wet bar, bath fixtures and a full basement. A perfect home for entertaining complete with screened-in porch and sun deck off master bedroom.
This wonderful home is in the West End north of Bradford Street in the charming neighborhood bordered by Franklin Street and West Vine Street.
9 Creek Round Hill Road is a 6,100 square foot 4 bedroom 4 bath home perched above the Moors on Creek Round Hill Road. It is being marketed for $3.150M.
MLS COPY: Breathtaking views, impeccable grounds & a care-free resort-like atmosphere captures the essence of this newly renovated Provincetown contemporary with a mid-century flair. This 6000+ SF home offers a rare retreat w/state of the art amenities. The 45 foot living, dining and gourmet kitchen area is dramatic with a wall of windows looking out to the gorgeous views of Cape Cod Bay, Wood End Light & the ocean. Everything is brand new: systems, windows, roof, exterior cedar shingles, landscaping, irrigation, security, pool, decking, generator & more. The master suite & guest suites upstairs take full advantage of the views, & both have decks & en-suite baths. An additional guest suite on the garden level enjoys its own entrance and living area. Plenty of recreation space, with a game room, screening room, and stunning salt water heated pool.
Certainly the jewel of Creek Round Hill Road, this home has been renovated beautifully and provides the best in Provincetown living.