Tag: Provincetown condos

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Provincetown Under $500K – The Three Best Condos

Yes, there are great properties available under $500K in Provincetown.

But… there are only five condos on the market priced under $500K.  (There are another 11 for sale at Seashore Point, our over 55 community)

Of the 38 condos that have sold so far this year 24 of them (63%) were priced under $500K. An amazing number! That means there is less than a months available inventory in this price range.  Demand is extremely high, supply is extremely low.

My three favorites below represent a studio, a one bedroom and a two bedroom condo.

586 Commercial Street #7 is a great studio condo with deeded beach access in the East End. It has 270 square feet and is being marketed for $329K.

 

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MLS Remarks: Come and see this East End pied-a-terre, part of the popular Ship’s Bell Condominiums. Just off a grassy courtyard you’ll find this light filled first floor condo with many original features, such as refinished antique pine floors and original wainscoting. Enjoy lazy summer afternoons on the exclusive use deck, and with deeded beach access, the beach is always just steps away. There is assigned parking for one car, beautiful common gardens, an efficiently designed kitchen and a queen sized Murphy bed. Weekly rentals are allowed, as well as pets for owners. Listing courtesy of Seascape Realty.

 

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30 Bangs Street  is a two bedroom condo with 433 square feet and it is being marketed for $$425K.

 

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MLS Remarks: This bright and delightful two bedroom condominium is located at the end of a lovely east end lane, in close proximity to the Gallery district, local shops and restaurants. The comfortable space is comprised of a combination living room and kitchen, and two nice sized bedrooms. You will love seeing foxes, birds and squirrels from the bedroom window which looks out onto a wooded hillside. Residents enjoy the use of common laundry as well as the convenience of an amply sized private storage locker in the common basement. The patio outside the unit is surrounded by colorful mature plantings, and is for the exclusive use of the unit. Weekly rentals and pets permitted. Plus, parking is deeded for one car. Courtesy of Sothebys International Real Estate.

 

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6 Nelson Avenue #G is a spacious one bedroom one and one half bath condo. It is being marked for $449K. It is on the other side of route 6 in a wonderful residential community.

 

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MLS REMARKS: New to the market is this bright and airy 1 bedroom 1 1/2 bath condominium located privately in the back of Wildflower Complex in Provincetown. Fully furnished, Low condominium fees, new gutters, new septic, designated parking for one car and guests. Pets and weekly rentals allowed. Private exclusive use patio–Easy to show. Listing courtesy of Cape Cod Oceanview Realty.

 

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

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Provincetown – The Goode And Farmer Report – April 2018

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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.

See all properties for sale at Beachfront-Realty.com

 

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Provincetown – Truro Sales of the week- 46 Shank Painter $835K and 42 Great Hollow $ 1.2M

 

46 Shank Painter Road in Provincetown is a one plus bedroom three bath  home with 2,208 square feet with rear frontage on Shank Painter Pond.  It was listed for $875K and sold for $835K.

 

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Sold $835K, 1+/3, 2,208 sf single family

 

 

 

 

 

 

 

 

 

 

 

 

MLS Remarks: Pond front Cape with 3 floors of luxurious living located on Shank Painter Pond wildlife Sanctuary, only 2 blocks to Commercial Street. Dramatic, open-plan LR/DR framed by a wall of glass overlooking conservation land. High ceilings, glass doors leading out to large deck, hardwood with stone walls surrounding the fireplace. Sleek gourmet kitchen w/double wall ovens, 6 burner gas stove, wine cooler, subzero fridge. Full bath and a den that opens to a sheltered dining/sunning deck. The master bedroom suite is located on the lower level with double walk in closets, master bath and sauna. The second open plan bedroom suite, full bath, and a deck overlooks the pond on the upper level. Laundry room, outside shower, hot tub, central vac, storage, multiple car parking.

 

42 Great Hollow Road in Truro is a six bedroom two bath home with 2,073 square feet. It recently sold for $1.2M with a list price of $1.395M.

 

Sold $1.2M, 6/2, 2,073 sf, single family
Sold $1.2M, 6/2, 2,073 sf, single family

 

 

 

 

 

 

 

 

 

MLS Remarks: Come Live The Dream! Waterfront! 2.28 acres on Cape Cod Bay with private beach. Cute as a button, the two existing three-bedroom cottages are wonderful and have a strong rental history. Views to Provincetown, Plymouth and Dennis. Every sunset, every day! Drop a mooring in the Bay. 17 minutes by boat to Provincetown. The seasonal cottages can be removed and replaced with a single family year round home of your dreams. Bring your architect or builder today. Clearly one of the few remaining waterfront sites yet to be developed into luxury housing.

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

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Provincetown Sale Of The Week – 331 Commercial Street – $3.05M

331 Commercial Street is a multi unit commercial building with two commercial units and eight residential units.  Moda Fina and Burger Queen are the two commercial tenants. The building has 4,582 square feet and is located on the waterside of Commercial treet in the center of town. It was being marketed for $3.450M and sold for $3.050M.

 

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MLS Remarks: Located in the heart of Provincetown, this waterfront mixed-use property consists of 2 commercial and 8 residential units. On Commercial St, there is a 1,110 sf retail space currently leased to Moda Fina; 277 sf 26-seat restaurant home to the Burger Queen; second-floor 642 sf 2BD/1BA; and third-floor 505 sf 1BD/1BA with vaulted ceiling. Facing the beach, there is a second-floor 527 sf 1BD/1BA with water views and exterior deck; and third-floor 470 sf studio with vaulted ceiling and deck overlooking the harbor. On the beach, there are 4 freestanding cottages: 173 sf studio with full-bath; 160 sf studio with full-bath; 338 sf 1BD/1BA with beachfront deck; and 380 sf 1BD/1BA with beachfront deck. Excellent rental history. Developers take note of this rare investment opportunity.

 

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

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Provincetown – Listing Of The Week – 3 Race Road #D – $789K

 

3 Race Road #D is a two bedroom two bath stand alone condo in the West End. It has 838 square feet. We are launching this property this week with a listing price of $789K.

 

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MLS REMARKS: New windows, and new shingles on this two bedroom two bath freestanding condominium in the West End. Beautifully furnished and ready for the 2018 season.

Thoughtfully designed throughout, this two level cottage packs a lot in the square footage with a great use of space. The first floor has an open floor plan with a well sized living room with a gas fireplace. There is a granite and stainless kitchen with a dining alcove. The charming guest bedroom has vaulted ceilings and plenty of closet space. The custom full bath has unique stone work, including travertine and river rock. The laundry center is on this floor. The second floor master bedroom suite has vaulted ceilings, a water closet and stone and marble shower with heated flooring. There are many design details like mahogany doors and frosted sliding glass panels.The large exclusive use deck extends the living area and is great for outdoor entertaining. There is one parking space and weekly rentals are permitted.

 

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

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Provincetown Listing Of The Week – 162 Bradford EXT #2 – $1.850M

162 Bradford Street Ext#2 is a 2,640 square foot condo with three bedrooms and six bathrooms. It is located in the West End at the four corners of West Vine Street and Bradford Street Ext. The property is being marketed for $1.850M.

 

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MLS REMARKS: Enjoy the best of everything in this modern and elegant townhouse which extends over 2,600 square feet across 3 levels including 3 bedrooms, each with en suite bathrooms, plus separate den and media rooms which have their own separate full bathrooms as well. The large and open plan chefs kitchen is fully equipped, featuring stainless steel Bosch and Kitchen Aid appliances and an oversized silestone island that lends to cooking and entertaining. A half bathroom comfortably welcomes guests off the kitchen. The sun filled living room features dramatic floor to ceiling grey slate surrounding the gas fireplace, with striking vaulted and beamed ceilings.

The expansive sliding glass doors open to the upper deck to enjoy coffee or cocktails overlooking the lower deck, your private oasis with an al fresco dining and lounge seating area. The upper level features two additional bedrooms, both with en suite bathrooms, one with rain shower and one with bathtub. The lower level has the media room, wet bar and separate study/sleeping area plus two full bathrooms. The wet bar features a Sub-Zero drawer fridge, ice maker, microwave and oversized sink. Listing courtesy of Blue Bay Real Estate.

View all properties for sale at Beachfront-Realty.com.

 

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The Goode and Farmer Report – January 2018

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Provincetown – Goode And Farmer Holiday Newsletter December 2017

 

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Provincetown Listing Of The Week – 23 Winthrop #1 – $375K

 

23 Winthrop Street #1 is the coolest studio ever! 329 square feet of charmingly efficient space with a murphy bed built in. Location, Location, Location!.  It is being marketed for $375K.

 

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MLS Remarks: Picture perfect West End recently renovated condo just a 3 block walk to the Boatslip. This spacious studio known as ”The Wedge” has original pine floors throughout, high ceilings and amazing natural light. The kitchen features stainless steel appliances, quartz countertops and wood cabinets. There is a newly built Murphy bed with drawers and shelving on both sides at the end of a lovely sitting area. The bathroom has a walk-in shower, tile flooring and washer/dryer hookup. The condo has a high efficiency heating and cooling system and assigned parking along with low condo fees. The fenced in yard wraps around the front of the house to a raised wood deck perfect for a morning cup of coffee and afternoon gardening. This non-smoking property allows weekly rentals and pets for owners.

 

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See all available properties at Beachfront-Realty.com