Tag: Provincetown new construction

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architecture general info trends

Far West End Activity In Provincetown

In the Far West End, from West Vine to The Moors, there are three large developments that have been going up in stages over the past few years. It has been fun to watch these substantial developments emerge from the ground, go to market, and then watch the second phase go up. These 3 developments consist of 6 condos with 6 more being built on W Vine; 17 condos total at Herring Cove village; and 9 single family home sites at Pilgrims Landing. A total of 38 units, a substantial number of quality properties and indicative of the energy and excitement  of the real estate market here in our little fishing village.

(As always my caveat stating that much of the descriptive property below is direct from Cape Cod MLS so I am not responsible for spelling and grammar.)

57 West Vine is currently 6 townhouses with an additional 6 being built.

#C,$659K, 2bedroom and 3 bath, 1300 square feet. New construction townhomes in Provincetown’s west end are underway and can be purchased at pre-completion prices with the opportunity to customize some interior finishes. Constructed to the highest standards these tri-level townhouses feature: Anderson true-divided light windows, brick patios, mahogany decks, landscaped grounds, a/c, basements, laundry, and 2 parking spaces. The exteriors of each unit will be a mix of painted clapboard & gray stained shingles to give contrast to each home. The entry level is an open floor plan for kitchen, dining and living w/ gas fireplace. Each bedroom with ensuite bath is on a separate level to maximize privacy for you and your guest. Oak floors, tile/stone baths, crown molding, & 5-panel doors are just a few of the details that set these homes apart. Your new Provincetown home for summer 2013 awaits!

 

Phase ll at Herring Cove Village is the last phase of this successful and beautiful development on Bradford Street Ext. out at at the Moors.

#16, $1.399M, 3bedroom and 4 bath,  2,160 square feet. 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 designer 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. Sliders from the kitchen lead to a bluestone patio & large exclusive yard. There are beautiful dark stained maple floors and 9 foot+ ceilings throughout. The master suite has a walk in closet and a sleek double sided fireplace between the bedroom and large marble bath. The other 2 BR have ensuite baths. Enjoy water views from a 2-tiered roof deck that houses a hottub. Wired for central sound and home automation.

 

#12, $895K, 2 bedroom and 3 bath, 1,400 square feet. A one-of-a-kind unit at Herring Cove Village, the West End’s most luxurious condominium. This 2BR/2.5BA unit is laid out on 3 levels, and is the only unit with this size and layout in the newest section of the development. The high end kitchen & living room are on the first floor, with a gas fireplace to warm the atmosphere. Sliders from this level lead out to a blue stone patio, great for outdoor grilling and entertaining. Each of the floors above houses a private bedroom suite, with oversized living space & en-suite bath featuring custom tile work. From the third floor bedroom, continue up to a huge waterview roof deck that is plumbed and wired for a hot tub as an upgrade amenity. The unit has CAC and is wired for central sound and home automation. Shed storage and 2 parking. Under constr, Int. photos depict similar unit.

Pilgrims Landing is a 9 lot subdivision at the very beginning of Commercial Street being developed at what is know as the Murchison Estate. There are two building lots #8 and #9 on Commercial Street and 6 house lots in the gated section of the development. It looks like lot #2  is being built now and when done will be is one of the most dramatic homes in town. It is so exciting to see such a modernist home being built.  Of course the Murchison house, otherwise know as the Gropius House stands atop the subdivision and is lot #7, is one of the most incredible examples of modernist architecture anywhere.

To see more of the original “Gropius House” go to Building Provincetown Blog. David Dunlap has done an incredible job over the years publishing wonderful facts about many Provincetown buildings. His blog is an absolute joy to explore.

Next I will highlight east end and downtown developments. Watch for these posts in the new year.


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analytics general info

Off Season is “On” Season

In the real estate community the off-season months are a time to regroup for the New Year, and to tie up the lose ends of the very busy year we have had. Interestingly the months between November and February remain active in many ways. Buyers are are able to see properties without worrying about tenants, traffic and the urge to go to the beach. Those buying now can be in their properties for the summer season or have their property ready for renters. Sellers can prepare their properties for the new selling season. Renovations can be completed, and property owners can enjoy their hones for the holiday season.

 

The Goode and Farmer Q3 report reported crazy strong numbers as condo sales increased 50% YTD and single family sales increased by 100%. In October the strong trend continued as 11 condos sold with an average sales price of $423K, and 5 single-family homes sold with an average sales price of $1.107M. There are currently 122 condos on the market, vs 134 just a month ago, and 59 single family homes vs 72 a month ago.

Interesting fact.  32% of all condos sold last year sold in the 4th quarter, and 38% of all single family homes sold in the 4th quarter. Another very strong indication that the so called off season is really still the “on season” and that while things do slow down off season they certainly don’t come to a halt in real estate.

 

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general info style

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.

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analytics architecture general info style

$1M Sales In Provincetown

67 Bayberry Ave SOLD $1.05M

The $1M and above market in Provincetown has been relatively active this season. The above $1M price range is from $1M to a high of $4.75M. Of the 136 properties (single family, Multi-family and condos)  that have sold YTD in 2012, 8 have sold above $1M, and they were all single family properties. These 8 property sales equals 5% of total unit sales year to date.

There are 218 properties (singles, multis, and condos) for sale in Provincetown of which 55 are  priced above $1M, which represents 25% of the total. 

5% of sales, 25% of the available properties for sale…  it is crowded! For buyers in this price range there are plenty of properties to look at for price and amenity comparison. Currently there are 5 properties under contract with asking prices above $1M. I will profile these once they close.

Below are descriptions of the properties that have sold over $1M year to date. Once again a caveat. I took the descriptions straight from MLS, so errors in syntax and grammar are out of my hands.

67 Bayberry Ave SOLD $1.05M

67 Bayberry Ave, a contemporary home, impeccably maintained, this home is bright and airy, white washed in a soft colors, and is ideal for entertaining with an open plan along with 3 bedrooms. Enter through glass doors to a spacious living room with fireplace, a kitchen & separate dining room that comfortably seats 10. The living room has two sets of atrium doors leading to a covered deck and large terrace. The kitchen has custom cabinetry, and limestone counter tops. There is a guest room with deck on this level with full bath. Next level has an open den, and mb suite with separate bedroom and sitting room with fireplace, bath and deck. The 3rd bedroom is on this level with another bath. Up one more level is an intimate sun room with 3 decks.

 

 

 

510 Commercial St SOLD $1.05M

510 Commercial Street is a lovely single family home with water views. The 1st floor has a spacious living room with fireplace, generously sized dining room, recently renovated kitchen, laundry area and full bath. There is also an adjoining one bedroom, one bath apartment with exclusive outdoor space, perfect for guests. Upstairs there are two master bedrooms with ensuite baths, one of which has direct water views. A second guest room with water views and full bath complete this level. The home is well set back from Commercial St allowing for a spacious front yard and privately situated side yard with patio. Driveway parking for 3 cars in tandem.

 

 

 

 

3 Atlantic Ave SOLD $1.065M

3 Atlantic Ave. Very few people have enjoyed the pleasure of owning this West End historic home. One of Provincetown’s oldest homes, dating back to the 1700’s, this A+ quality recent restoration makes this pristine home an exceptionally rare opportunity. The original architectural details have been painstakingly preserved side-by-side with the highest quality contemporary fixtures, appliances, systems, windows, doors, and more. The value is further magnified by both the central location-steps from the beach-and the generous enclosed yard space for parking, entertaining and gardening. The current owners have taken extreme care to bring this three-quarter Cape style home into the 21st century with a great deal of love and attention.

 

 

 

19 Berry Lane SOLD $1.093

19 Berry Lane.  Steps from the Beach and Views from Every Room! Here is Your Opportunity to Own a Custom Built Provincetown Home in the Quiet East End. From the Moment you enter the Foyer you will feel a sense of peace and serenity. The Living Room has Custom Stained Glass Windows from an old N.H. Church (easily removed, decorative only), hardwood floors and balcony access. The 2 Story Family Room offers a solid wall of windows, designed to maximize the expansive views,Brick fireplace with Bluestone Hearth and accent wall. Watch the Harbor lights from the Dining Room. Entertaining is a breeze in this Spacious, light filled Kitchen! Upstairs you’ll find the Owner’s Suite with Spa Quality Bathroom and the Guest Wing with 2 Bedrooms with views. Full Daylight BSMT also w/ views, 2 car garage.

 

 

 

9 W Vine St SOLD $1.2M

9 West Vine Street. Completely renovated 5 bedroom 4 bath home located in the heart of the West End. There is a spacious living room, dining area and kitchen on the first floor which opens to a blue stone patio and fenced in yard. The kitchen features a large center island, granite countertops, a farm sink & marble backsplash. There is a master bedroom suite with a private tiled bath and separate entrance, a second bedroom and tiled bath on the first floor. The second floor features a second living or family room with gas fireplace, in addition to an office, three more bedrooms. Stained pine & fir flooring in all living areas, Laundry room, ample closet space, an unfinished attic, outdoor shower, & 2 car parking.

 

 

 

 

525 Commercial St SOLD $1.25M

525 Commercial Street. Funky East End bay front home with multiple personalities. The original structure appears to be a marine related or mercantile structure dating from pre-1800 and is now known as the Not So Great Room with soaring 2 story ceiling and original folk art found object installation by Jackson Lambert. A 20th century addition is a large sunken living room with brick fireplace, wood floors and bay windows facing Commercial St and the bay. The most recent custodians of this gem added a contemporary solarium and deck on the bay and updated the kitchen and second floor bath a few years ago. Estate sale. Offers are subject to estate obtaining a license to sell from probate court. Town sewer outstanding betterment of only $2,295.41, to follow deed

 

 

 

 

107 Commercial St SOLD $1.6M

107 Commercial Street. There are only 15 single family waterfront homes in the west end – not since 2004 has one come to the market below $2M. Don’t miss this opportunity to purchase the perfect beach house in the perfect location that usually exists in dreams. This charming 3-BD, 2-BA waterfront home enjoys great privacy and spectacular views. 1st floor has an open floor plan, exposed beams, wood-burning stove and fireplace (not in working order), with sliders leading to front and side yards and large waterfront deck with steps to the beach. Also on this level are a full bath and laundry. The 2nd level has 2 waterfront bedrooms with sliders to a common deck with ladder to rooftop deck. There is also a 3rd BD and BA on this level. 3-car parking, Sewer Connection.

 

 

 

 

6 Winston Ave SOLD $1.8M

6 Winston Ave. Spectacular Waterfront Home with breathtaking views of Cape Cod Bay from almost every room. Talk about inspiration and beauty! There are 4 bedrooms in this magnificent home with the master on the second floor, gas fireplace, dazzling views of the water, a large elegant master bath, and a door leading to your private deck overlooking the water. Another bedroom shares those same views and deck, along with a full bathroom that separates the second and third bedrooms upstairs. First floor is full of light with a virtual wall of sliders that open to an expansive deck for your sunny enjoyment and relaxation. A large stunning kitchen with Granite counter tops, a first floor bedroom or office and a new artist studio with more gorgeous views of the water. Offered at $2,350,000.

 

 

 

This is an interesting blend of East End, West End, and downtown properties. My favorites are 3 Atlantic as it is in the near east end on Atlantic and Commercial and just smack in the middle of things on one of the most special streets in town. 107 Commercial is a favorite as it is one of those special properties right around the bend from the Coast Guard Station in the west end that is the epitome of casual downtown beachfront  living… everyone who walks by it says…”I wish I owned that house.”

*Data is for single families, multi families and condos only sold from 1/1/12 to 8/31/12. There are some additional properties for sale in Provincetown like hotel/motels, and commercial properties which I do not generally include in my analysis of residential sales. All data from Cape Cod and Islands MLS.


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general info

Fresh Properties For Sale In Provincetown

262 A Bradford St $254K

From  a low of $254K to a high of$3.995M here are six of the 18 new properties that came on the market in the last two weeks in Provincetown. These properties represent some of the best of the new inventory. From small stand alone condos to fabulous waterfront homes, the diversity of properties for sale in Provincetown is well represented.

262 A Bradford St $254K

This adorable cottage condo is nestled in the woods in the east End. 300 square feet of charm! It has painted hardwood floors, new windows, and a washer dryer. Sliders open to a secluded stone patio. One block from the bay beach.

 

 

 

 

 

 

2 Georges Path #B $440K

The Georges Path complex is a bucolic little neighborhood out by Shankpainter Road and Cemetery Road.  It is a mix of 2 unit condo buildings on a sweet cul-de-sac with mature woodland surrounding it, yet only a ten minute walk to town. This 900 square foot, 2 bed, 1.5 bath condo in the Georges Path complex is being marketed for $400K. The main floor has an open plan with stainless appliances in the kitchen and new cabinets. Large sliders in the living room open to a private deck that looks out to mature gardens. The second floor has 2 bedrooms, a full bath and a washer/dryer. There are hardwood floors throughout and a full unfinished basement.

 

 

 

 

290-C Bradford St $469K

This single family home was built in 2009, and is a charmer inside and out. It is a 649 square foot 1 bed 2 bath home. The main living level has bamboo floors, lots of windows, bead board, birch cabinets, a gas fireplace, and a half bath. The second floor has a master suite. The outdoor space is superb with patio, decks and a covered porch. There are two bonus spaces in the attic and in the lower level basement area. It is in a sweet east End mini neighborhood right past the East End tennis courts. (Excuse the winter picture!)

 

 

 

12 Howland St #C, $489K

12 Howland Street #C is a well appointed freestanding cottage set back from the street. The cottage is approximately 844 square feet and lives like a single family home and is being marketed at $489K. . (We love this description in Provincetown as it does truly describe the benefits of this type pf condo cottage) The first floor features wide plank hardwood floors and separate living and dining rooms, a large bedroom, bathroom, and eat in kitchen with period cabinets and stainless steel appliances. There is a patio located off the kitchen. The second floor features a loft area with a full height bedroom and sitting area.

 

 

 

 

40 Pleasant St #1 $525K

This is a perfect Provincetown West End retreat, located 1.5 blocks from Commercial Street in one of the sweetest neighborhoods in town and is being marketed for $525,000. This 2 bedroom, 1 bath home was totally renovated in 2005 and has been gently used by second home owners and never rented. This property has hardwood floors throughout, granite and stainless kitchen, good sized bedrooms, and a lovely large fenced private yard with blue stone patio and professional landscaping. This is one of my favorites….it’s also one of our terrific listings!

 

 

 

 

 

73 Commercial St $3.995M

This fabulous waterfront home is on the market for the first time in 16 years and is priced at $3.995M. Beautifully renovated and restored, each level of this residence offers a feast for the eyes. Perched at the peak of the house, is the master suite with a beamed cathedral ceiling, ensuite bath and home office. On the second floor is the main living room with beamed ceilings, wonderful built-ins and a large bayside deck. There is also a guest bedroom and full bath on this level. The first floor has another guest bedroom with ensuite BA. The large eat-in kitchen with high end appliances opens onto a deck and the lush lawn and well tended gardens. This is a stunning property!

 

 

 

I have taken some of the descriptive copy for these properties from MLS and added some comments of my own. Hope you enjoy!

Categories
architecture trends

Provincetown Construction Everywhere You Look

There’s an awful lot of construction activity in Provincetown these days. East End, West End, downtown. Seems like you even have to watch for construction vehicle traffic everywhere you are – and it’s December!

Harborfront Landing at 333R Commercial Street is a newly completed luxury beachfront condominium development in the center of town. Currently, the new project consists of seven 1BR and 2BR homes from 465 to 798 square feet and listed for $476K to $998K – parking included.

 

 

 

 

Province Landing is a $14.5M, 50-unit rental community offering a high-quality, green community for year-round residents with moderate incomes. Located on an undeveloped parcel along Shankpainter Road, this project is a great new addition to the western most entrance to Provincetown.

 

 

 

Construction at Herring Cove Village Phase 2 is well under way with six new units targeted for summer 2012 completion. Located in the far West End very close to the moors, this great mix of 2BR and 3BR+ condominiums are priced from $749K to $1.399M.

 

 

 

 

A new 9-lot subdivision on the famed Murchison House property at 2 Commercial Street in the far West End is quickly moving ahead. Called Pilgrim’s Landing, the projects sits directly across from the Provincetown Inn with great water views. Phase 1 is already under construction and includes the renovation of the existing gatehouse (pictured), the grounds and the Murchison House designed by Walter Gropius.