We saw a huge range of condo sales in Provincetown in 2019. Proving once again that even woth increasing prices esprecially in the condo category there still is a broad range of choices and price points for those buyers looking to buy in Provincetown.
Tied for the lowest sales price of 2019 was 49 Bradford Street #6, a one bedroom, one bath condo with 255 square feet. These units in the old Shamrock Motel are efficiency styled condos. It sold for $267K with a list price of $275K.
521 Commercial Street #1 is a one bedroom one and one half bath condo with 250 square feet. It is on the waterside of Commercial Street in the East End and also sold for $267K. It was listed at $269K.
The highest sales price for a condo was for 168 Bradford Street #1. It is a striking contemporary stand alone condominium with three bedrooms and three and one half baths with 2,676 square feet. It is part of the new West End neighborhood of homes. It sold for $1.775M with a listing price of $1.849M.
The condo market in Provincetown remains the hottest and most exciting market on the outer cape. There are currently 74 condos on the market. 14 are priced under $500K. There are 20 priced between $500K and $750K; 28 priced between $750K and $1M; and 12 priced above $1M.
There are two sales to report on Bayberry Avenue this week. Our office participated in both sales. It just happens that these two houses are right across the street from each other, but they could not be more different.
29 Bayberry Avenue is a traditional colonial single family home. It has three bedrooms and 2.5 baths and 1,736 square feet. It sold for $1.025M with a list price of $1.095M.
MLS Remarks: This three-bedroom, two-and-one-half-bath home on a .40 acre lot is in the West End neighborhood of Meadowview Heights. This charming and comfortable reverse-floor plan Colonial is sited on a cleared flat lot surrounded by trees. The house has 1,632 square feet. The Great Room has high vaulted ceilings running the full length of the house with loads of windows and a full-width deck directly off the living room. There are multiple sitting areas and a separate dining area in this airy bright space. There are views of the conservation land behind the property. This home has rich hardwood floors throughout and a brick fireplace anchors the east end of the room. The kitchen has lots of wood cabinets and a sweet dining island. There is a half bath on this floor too. On the first floor, there is an ensuite master bedroom. The master bath has a double vanity. The two guest bedrooms share a full bath. All have plenty of closet space and good light. There is an attached one-car garage as well. The multipurpose, full basement has interior as well as exterior access. Oil baseboard heat and gas cooking. Split system A/C on the main level.
30 Bayberry Avenue sold the same week. It is a three bedroom four bath home with 3,240 square feet. It sold for $1.230M with a list price pf $1.229M.
MLS REMARKS: You will truly delight at all of the space and light this West End single family home has to offer. An ideal home for entertaining, the first floor as an open living plan accented with dramatic exposed beams and gleaming walnut floors. Also on this level, a large airy family room with soaring ceilings, a modern gas fireplace and custom built ins. Rare to find in Provincetown, the home has a spacious and private, newly built first floor master suite, also with cathedral ceilings, exposed beams and tons of natural light. A large walk in closet offers plenty of space for your wardrobe, and the master bath features a double vanity and an oversized tiled shower with beautiful glass doors and a rainhead fixture. Upstairs, find a full bath, a guest room and an office. The lower level lives like a guest apartment, with a large bedroom with ensuite bath, plus a spacious and bright TV room. There is access to the garage from this level. The landscaping is lovely, with manicured beds and brick pathways, and there are several options for outdoor living. Soak in the morning sunshine on the front porch, or enjoy afternoon breezes on the patio or the the attractive screened porch.
Everyone knows 104 Commercial Street. It’s the traditional Cape House on the curve of Commercial Street near the Coast Guard Station. It is a three bedroom two bath home with 1,544 square feet, and has one of the best front porches in town. It sold for $1.671M with a listing price of $1.775M
MLSRemarks: Amenities abound in this smartly renovated 3/2 single family waterview in the sought after West End. The property has been occupied as both a year round home and a very lucrative vacation rental with many repeat renters. Sip your morning or evening beverages on the front porch swing; cookout in the private backyard patio; entertain in the open living and dining rooms; bring your water toys across the street to the beach and take advantage of the private mooring there as well. A much admired colorful garden of roses and hydrangeas fills the fenced front yard. The west side of the home features a large private second floor deck for sunning and relaxing. Parking for 2 vehicles on site or in the lot just around the corner. This home is certain to bring years of memories to any new buyers and their friends & family.
This post is reminder that while we are in reatively uncharted waters as far as the real estate market goes, (and everything else) real estate continues on, albeit at a different pace and with different operational norms.
82 Commercial Street is one of the most recognizable homes in the West End, situated directly across the street from Relish on the corner of Soper Street. It has seven bedrooms and four baths in 3,294 square feet . It has one of the most lavishly landscaped yards in Provincetown. It just sold for $3.750M with a listing price of $4.150M.
This property is an interesting and quite visible example of the level of market appreciation in town. Granted it is the very top of the marlet but does illustate solid appreciaiton and continued interest and demand. it sold in May of 2016 for $2.350M and in October 2017 it sold for $3.250. As in this recent sale there were dfferent levels of renovation done between sales.
MLS Remarks: This historic and iconic property is truly a Masterpiece property. Occupying one of the largest lots on Commercial Street in the West End, the lush gardens are a joy to behold, entertaining the eyes with a multitude of plantings and flowers, all designed to create an oasis of privacy. The house has received the finest renovation, from top to bottom, inside and out. All newer systems, including wiring and plumbing, siding, heating/cooling and cedar shingle roofing. On the first floor, a top-of-the-line kitchen includes marble countertops, a Wolf range and Sub Zero integrated refrigerator. Living room with original wood wainscoting and fireplace surround, dining room, sun room, den with fireplace and a stunning master suite with reclaimed wood floors and walls, and Waterworks fixtures and tiles. Upstairs are five additional bedrooms and two full baths. Outside, enjoy the beautiful landscaping with a wealth of bluestone and large plank patios, including a serene bluestone courtyard that extends from the master bedroom. There is an outdoor shower, shed and hot tub privately situated in the rear garden area. Ample parking for 3+/- cars.
When describing Commercial Street we can say its iconic without understatement as there is no place like it in the world – and how wonderful that it is ours.
In this post series I am examining some great local art that we have at home and overlaying the current condition of its location. This watercolor is by Harvey Dodd from 1983. He had the greatest little gallery right up past the Mews on the water side of the street. It was the oldest gallery in town. Harvey died in 2011.
This is a great scene looking West on Commercial Street from Lopes Square and the entrance to the pier. While Harvey did have a great imagination, the street scene is based in reality. You can see the steeple of Town Hall on the right and the green space in front. The crowds of tourists, the cars, the store fronts and banners portray a typical crazy summer day on Commercial Street. It’s a wonferful watercolor.
The picture below is almost the exact scene on a recent summer day. Thankfully some things just don’t change. This sight is so wonderfully familiar to us.
There is a ton of variety in real estate options downtown. There are some expensive waterfront condos as well as some mid range and entry level condos available. 291 Commercial St #9 which is located in a commercial/residential complex on the left is a two bedroom two bath condo with 1,059 square feet which sold for $748K last September.
To the right and down a short alley, in the photograph, is 284 Commercial Street. Unit #5 is a one bedroom one bath third floor condo with 908 square feet. It sold in August of last year for $337K.
Hopefuly these posts will provide a bit of respite from the daily covid-19 focus. Provincetown is quietly greeting the first days of spring, as we social distance and find apprpriate diversions. Throughout this experience I will keep bringing you real estate news and interesting real estate related stories.
This is another pastel that we have by Bradley Dehner from 1983. It is a view from the Franklin Street – Race Road intersection up the hill toward Bradford Street in the West End. What a wonderful repesentation of the traditonal Cape style of houses so prevalent here. From left to right is 42, 44, 46 and 48 Franklin Street.
Here we are 37 years later. #42 on the far left is a three unit condo association, with the additional two units added in the rear of the main house. Unit B sold in 2015 for $485K, and is a one bedroom two bath condo with 626 square feet. The picture below is #B from the rear of the property Hard to believe this exists behind the traditional Cape house that you see from the street.
42, 44, 44 and 46 Franklin Street, left to right.
Rear unit at 42 Franklin Street #B
44 Franklin Street is in the midst of a full renovation and expansion. It sold in 2017 for $650K and was a one bedroom two bath single family house with 645 square feet.
44 Franklin Street
46 and 48 Franklin Street remain single family homes. Interesing to see that 48 remains close to the same color as it was in the painting in 1981.
We have some great local artists works that show our neighborhood from decades ago. It’s been fun to overlay our current real estate lens over them. Bradley Dehner is the artist of the pastel below, which is from 1981. It is the view west on Tremont Street to the intersection of West Vine Street.
Looking at the same view now, The Willows condominiums at 25 Tremont Street are on the right consisting of thirteen units in seven buildings.
Unit 2 recently sold for $795K and was a two bedroom two bath condo with 1,572 square feet. The condominium complex was developed in 1996.
25 Tremont St #B 14 West Vine St #2
The building immediately past 25 Tremont Street in the pastel is 14 West Vine Street. Unit 2 in that four unit condo complex sold in 2019 for $685K. It has two bedrooms and two baths and 679 square feet.
Check out what is now Telgraph Hill at the top of the pastel with nothing but a few bare trees and a bunch of scrub brush. The house at the top of the hill to the left is 6 Telegraph Hill which sold for $3.6M in 2018 and has three bedrooms, six baths and 5,508 square feet.
A development and constuction review of the last six months.
This post is a compilation of my favorite “Studs to Shingles” blog entries of the past few months. I have selected the most interesting projects – some are completed, some are mid-construction and others are in the early stages of construction.
These projects represent the broad range of building and development happening in Provincetown. The diversity of style and location speaks to the heightened level of real estate choices in town.
As we look to the upcoming 2020 season, I hope to see you in town. In the meantime, you can follow my posts on my blog – jongoode.com – for ongoing updates.” JON
170 Bradford Street Extension #1 is a new construction home in the West End with three bedrooms five baths and 3,060 square feet. It was listed for sale at $1.849M and sold for $1.792M. It is an extraordinary home and part of this emerging West End neighborhood.
MLS REMARKS: Contemporary freestanding home in one of Provincetown’s newest west end neighborhoods. Built on three levels the home has been designed to take advantage of the natural surroundings and incorporates over-sized windows throughout. The main living area is an open concept design with custom kitchen and oversized island; dining room with a wall of windows; living-room with a gas burning fireplace as its focal point, and sliders leading to rear stone patio with fire pit. White and gray tones are incorporated in the flooring, tile work and cabinetry providing a wonderful pallet for your own decorating elements. A home office and a stylish half bath complete the main floor.The master bedroom, with lots of windows for natural lighting, has an ensuite bathroom with custom cabinetry and walk-in closet. Two additional guest bedrooms, each with their own bathroom, complete the homes upper level. The entry-level features a one car garage, bonus room and full bath providing flexibility on how to best use the space. From the high gloss shiplap exterior to the fine Porcelanosa tiling, the home distinguishes itself with smart design elements, superior construction, and quality materials inside and out. * Picture on the left is of #1, picture on the right is of the rear of 168 Bradford Street Extension.