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Iconic Days Cottages In Truro On The Market

Below is a repost of a really well done story by Zeningor Enwemeka at WBUR in Boston….and congratulations to Gregg Russo for doing a great job launching the marketing campaign for the Cottages.

For Sale: Iconic Cape Cod ‘Flower’ Cottages Near Provincetown

By 

WBUR Staff – Zeninjor Enwemeka, Digital Reporter, WBUR

Days Cottages in Truro. (eatswords/Flickr)

Days Cottages in Truro. (eatswords/Flickr)

BOSTON — One of Cape Cod’s most iconic properties hit the market this week, and you can now own a piece of New England history.

Days cottages (or the flower cottages), the beachfront rentals located on the way to Provincetown along Route 6A in Truro, are up for sale with a price tag of $399,000 each. Listings for the cottages call it “a once in a lifetime opportunity to pick your very own flower.”

The row of 22 identical cottages has been owned by the Days family since 1931. Each is named after a flower. There’s Daisy, Zinnia, Violet, Rose and so on. Over the last eight decades, the cottages have served as a muse for artists and photographers who came to capture the essence of the Outer Cape. Plenty of tourists have been drawn to them too over the years.

Each cottage is 420 square feet with two bedrooms and 1 bathroom, plus a private beachfront. All are listed at the same price except for the two end units. Unit 1 (Daisy) is listed at $409,000 and unit 23 (Wistaria) is listed at $429,000. (Note: There is no unit No. 13.)

A view of the Lilac condo unit at Days Cottages in Truro. (Elyssa Cohen Photography)

A view of the Rose condo unit at Days Cottages in Truro. (Elyssa Cohen Photography)

Since 1991, Joe Days has operated the cottages with his wife, Cindy. His sister, Carol, is also a partner in the business. Joe Days said the work takes a toll after so many years, and he and his wife are ready to retire and have a less stressful life.

“We’re not getting any younger,” said Days, who is 66. “My wife and I would like to get on to the next phase of our life.”

Days said he’s been part of the business since he was a kid, working 42 years in all there. He and his wife plan to spend more time at their home in Florida, but will still make the Cape their home in the summers. Days said they also plan to continue running the convenience store (Days Market) across the street from the cottages — at least for a couple more years.

But the sale of the cottages means that part of the business will no longer be in the family. Days said he and Carol decided it was a good time to sell and move on. He said other family members are not in the business.

“They’ve all got their own jobs and careers,” Days said. “The fact that somebody would have to come down and do this, I don’t know was that appealing.”

The cottage were put up for sale before in 2006, but Days said the real estate market at that time wasn’t so great, so they were taken off the market.

For Days, selling is bittersweet. He’s had several employees who have worked alongside him for years. He said those relationships have been the best thing about the business.

“Some of them have been with me for 20 years and longer,” Days said. “It makes it fun to do it and I enjoy this work. It just makes it fun when you’re working with people that you like and that like you back.”

Over the years, Days has also grown close to several customers who return year after year, and generation after generation. He said many have left Facebook messages lamenting that the cottages are being sold.

“A lot of these people are like, ‘Oh, we just started bringing our grandchildren and we thought we were going to have many years to enjoy it with them’– talk about a guilt trip,” he said with a laugh. “Some other people say, ‘Well all good things come to an end sometimes.’ ”

But the cottages are not quite coming to an end. They will just be under new ownership. The “Days Cottages” name will remain the same, but they will have the word “condominium” added to the title, according to Days.

A view of Days Cottages from the beach along Cape Cod Bay in Truro. (Elyssa Cohen Photography)

A view of Days Cottages from the beach along Cape Cod Bay in Truro. (Elyssa Cohen Photography)

The iconic look and feel of the cottages will also stay the same since the town won’t allow them to be changed, according to Gregg Russo, the realtor for the properties.

“The zoning board of appeals, when the family went to get permission to condo — which is the process in Truro — actually put a restriction on the approval that they never can be changed or altered in any manner,” Russo said.

This means the color, the flower names and the overall structure of the cottages will continue to look as they always have. Days calls that a “good thing” and said he hopes the new owners will also keep his longtime customers and continue that tradition.

The cottages cannot be occupied in the winter due to a city bylaw that limits occupancy to three seasons, according to Russo. So far, the history of the place has drawn in many inquiries. Russo said people have even called asking for specific flowers.

“There are people who want specific cottages because they’ve been coming to them [and] their grandparents came to them,” Russo said. “The opportunity to actually own an iconic piece of Truro history is so overwhelming for some of these people.”

Two of the cottages are already spoken for, according to Russo. He said he expects half will be gone within a week and plans to close all sales at the beginning of next year.

Here are more images of the iconic cottages:

An archive image of Days Cottages from the National Seashore Arhives. (Courtesy Joe Days)

An archive image of Days Cottages from the National Seashore Arhives. (Courtesy Joe Days)

There were nine cottages when the rentals opened in 1931. (Courtesy Joe Days)

There were nine cottages when the rentals opened in 1931. (Courtesy Joe Days)

Summer at Days Cottages. (Courtesy Joe Days)

Summer at Days Cottages. (Courtesy Joe Days)

 

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Provincetown Waterfront Sales Snapshot

Last week I reposted a Zillow.com story regarding prices of waterfront property nationwide.  Below is a year to date snapshot of the waterfront market in Provincetown.

There are two very different groups of waterfront properties here in town – condos and single family homes. We are lucky to have a great variety in both groups – but the variety of waterfront/waterside condos is staggering. By waterside I mean on the water side of Commercial street perhaps in a complex that is on the water or a middle or street side unit, or right on the beach…but all with bay access, what we like to call a distinctly valuable “water feature”. In contrast the single family waterfront property market is perhaps the most rarefied and exclusive market on all of Cape Cod.

Only four single family properties have sold on the water so far this year. The average sale price of these homes is   $2.178M. The average size of these home sales is 2,570 sf for an average price per square foot of $847. Not a bad value considering new 1 bedroom condos are selling at $1000 per square foot in the South End of Boston. Below are snapshots of three of those properties.

 

659 Commercial St . $1.507M, 4 bedrooms and 3 baths, 1,300 sf.
659 Commercial St. $1.507M, 4 bedrooms/3 baths, 1,300 sf.
73 Commercial St. $2.85M, 3 bedrooms and 4 baths, 2,418 sf.
73 Commercial St. $2.85M, 3 bedrooms/4 baths, 2,418 sf.
627 Commercial St. $3.1M. 5 bedrooms and 5 Baths. 5,800 sf.
627 Commercial St. $3.1M. 5 bedrooms/5 Baths. 5,800 sf.

 

 

 

 

 

 

 

 

27 waterfront/waterside condos have sold with sale prices from $106K to $925K. The average sale price is $441K which gets you an average 546 sf condo for an average price per square feet of  $807.  The beauty of this town is that you can buy a small waterside Commercial Street condo for very reasonable prices. Below are snapshots of three of these condos.

 

953 Commercial Street #C, $106K, 190 sf.
953 Commercial Street #C, $106K, 190 sf.
41 Commercial St #5. $499K, 550 sf.
41 Commercial St #5. $499K, 550 sf.
495 Commercial St #X, $925K, 1,588 sf.
493 Commercial St #13, $925K, 1,588 sf.

 

 

 

 

 

 

 

 

What is available to buy on the waterfront today in Provincetown?

If you are looking for a single family property you are almost out of luck! There are only seven properties listed in MLS as single family waterfront properties on the market.  Four of those seven are gorgeous Harbour Drive homes in the far East End. The three remaining are at 509 Commercial Street, 529 Commercial Street and 599 Commercial Street.

1 Harbour Drive, $2.395M, 4 bedroom and 5 baths, 3,829 sf.
1 Harbour Drive, $2.395M, 4 bedroom and 5 baths, 3,829 sf.

 

 

 

 

 

 

 

 

 

509 Commercial St. $1.5M, 5B/2B needs renovation, 1,584 sf
509 Commercial St. $1.5M, 5B/2B shell, 1,584 sf
529 Commercial St. $2.699M, 2 beds, 2 baths, $2,091 sf.
529 Commercial St. $2.699M, 2 beds, 2 baths, $2,091 sf.
599 Commercial St. $2.65M, 3 beds/3 baths, 1,732 sf.
599 Commercial St. $2.65M, 3 beds/3 baths, 1,732 sf.

 

 

 

 

 

 

 

 

Additionally there are two multi family properties being marketed on the water. 99 Commercial Street which has 3 residential units and a commercial unit and is being marketed for $2.2M, and 403 Commercial Street which is a 4 unit complex being marketed for 1.995M.

There are 32 condos listed in MLS on the waterside of Commercial Street which is 32% of ALL condos available in town. They located right downtown, in the West End, East End and far East End and represent an amazing assortment of prices and styles.  Many are located in waterfront complex’s, others are in smaller multi unit buildings on the water. Below are snapshots of three of them.

 

945 Commercial St. #2B, $269K, 2 beds/1 bath, 700 sf.
945 Commercial St. #2B, $269K, 2 beds/1 bath, 700 sf.
385 Commercial St. #2, $449K, 1 bed/1 bath, 372 sf.
385 Commercial St. #2, $449K, 1 bed/1 bath, 372 sf.
67 Commercial St #C, $1.599M, 2 beds/2baths, 831 sf.
67 Commercial St #C, $1.599M, 2 bed/2bath, 831 sf.

 

 

 

 

 

 

 

 These  32 available condos have an average listing price of $578K, and a median price of $407K, with an average size of 1,509 sf. 

You can view all available properties for sale at Beachfront-Realty.com.

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Provincetown Sale of The Week

 

160 Bradford Street #A is 3 bedroom, 4 bath new construction condo in the West End at the corners of West Vine Street, Bradford Street and Victors Restaurant – the crossroads of the West End.  It sold for $1.050m having been marketed for $899K. This sale certainly highlights the strong demand for high quality, well located condos in Provincetown.

 

160 B 2

 

 

 

 

 

 

 

 

 

 

 

MLS COPY: Be the first to own this newly constructed home in Provincetown’s west end. Ideally located between town and the ocean beaches, this 3 bedroom/3.5 bath condominium offers views, superb finishes and quality construction. Open floor plan on the entry level with fireplace and dramatic tray ceilings delineating the kitchen, dining and living areas. There are 2 bedrooms on the 2nd floor, each with bathroom and views of the Bay. A spiral staircase leads from the 2nd level to the 130 square foot roof deck which has views in all directions from The Pilgrim Monument to and Race Point. The lower level is ideal for your guest suite with bath and media room. In addition to the roof deck there is also a large front deck on the entry level. There is off-street parking, central a/c, laundry, hardwood floors and many other fine finishes throughout!

See all available properties at Beachfront-Realty.com.

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Provincetown Listing Of The Week

 

34 Commercial Street is a rarity…a single family home for sale between Point Street and The Provincetown Inn on Commercial Street. No one wants to leave this utterly gorgeous block of iconic West End homes. It is a 3 bedroom 4 bath home with 2,560 square feet and is being marketed for $1.795M.

 

34 C 1

 

MLS COPY: Perhaps one of the best locations in the West End, this beautiful single family home is a short stroll to the beach, yet is not in a flood zone. The classic Cape exterior belies the soaring Great Room, as you step in the front door. Flooded with sunlight, this stunning, unique & airy space, has an interior balcony recently built in 2012, which gives one an interesting perspective on the Great Room & a lovely view of the lush & private front yard. The master bedroom & bath also completed in 2012, provides a private getaway from the main living area. There is a cozy den with gas fireplace off the main room, which would also make a great home office. A rare 3 car heated garage is reached from Point St. It has a large guest room above with a full bath. The entire property is served by a whole house generator including the garage.

 

34 c 734 c 634 C 234 C 3

 

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

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West End Listing Of The Week

7 Oppen Lane is large post and beam home with 3 bedrooms, 4 baths and 2,912 square feet.  It is being marketed for $1.850M. Oppen Lane is in the West End past Victors restaurant.

7 Oppen 1

 

 

 

 

 

 

 

 

MLS COPY AND PICTURES: Custom-built Timberpeg post & beam set on a large, private lot in the West End. Expansive windows face s/sw with sweeping views of Long Point and Cape Cod Bay. Cathedral ceilings, 2-story windows and an open floor plan invite sunshine and ocean breezes into beautiful living spaces. Glass doors open onto large deck with outdoor kitchen. Gourmet cook’s kitchen with ample counter and cupboard space, professional-grade appliances, island, separate pantry and dining area. A kitchen garden provides fresh herbs and vegetables. Gas fireplace, custom built-ins, whole house music system, gracious foyer and first floor master suite with Jacuzzi tub and private deck. Other amenities include first floor laundry, elevator, temperature controlled wine cellar, radiant heat and central vac.

 

7 Oppen 5

7 Oppen 4

7 Oppen 6

7 Oppen 2

 

 

 

 

 

 

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

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Four Reasons To Buy Before Winter

 

A great post below from the KCM crew.

 

4 Reasons to Buy Before Winter

by  on September 8, 2014 in For Buyers

4 Reasons to Buy Before Winter | Keeping Current Matters
It’s that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don’t have to look much farther to find four great reasons to consider buying a home now, instead of waiting.

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report released recently projects appreciation in home values over the next five years to be between 11.2% (most pessimistic) and 27.8% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Although Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have softened recently, most experts predict that they will begin to rise later this year. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will be up almost a full percentage point by the end of next year.

An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3. Either Way You are Paying a Mortgage

As a recent paper from the Joint Center for Housing Studies at Harvard University explains: “Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But, what if they weren’t? Would you wait? Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe it is time to buy.

Bottom Line

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

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Provincetown Sale Of The Week

 

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.

 

12 Atwood Ave #B, $525K, 1/1, 696 sf.

 

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.

 

living room 3

bedroom 2kitchen 1

garden 2

 

 

 

 

 

 

See all properties available on Beachfront-Realty.com.

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Provincetown Sales Of The Week

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.

 

89 B 1

 

 

 

 

 

 

 

 

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.

 

89 B 2

89B 389 B 4

89 B 5

 

 

 

 

 

 

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.

46 Pleasant St #A, $595K, 2/2, 1,080 sf.
46 Pleasant St #A, $595K, 2/2, 1,080 sf.

 

 

 

 

 

 

 

 

 

 

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.

 

46 P 4

46 P 5

46 P 1

46 P 2

 

 

 

 

 

 

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.

 

12 ships 5

 

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.

 

12 ships 212 ships 712 ships 612 ships 4

 

 

 

 

 

 

 

 

 

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Least Expensive Beachfront On Cape Cod

 

Great CurbedCapeCod.com post!

Cape Cod’s Least Expensive Beachfront Listings, August 2014

Friday, August 29, 2014, by Jazmine Donaldson

55pond.jpg
[Our favorite trap sheds! 55 Pond Road, Truro via Kinlin Grover Real Estate]

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

BOURNE
47 BUENA VISTA ROAD, POCASSET, MA 02559
WEBSITE
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.
47 BUENA VISTA ROAD, POCASSET, MA 02559
SANDWICH
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.
49 FREEMAN AVENUE, SANDWICH, MA 02563
FALMOUTH
“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.
23 FOSTER ROAD, EAST FALMOUTH, MA 02536
MASHPEE
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.
39 WILSONS GROVE, MASHPEE, MA 02649
BARNSTABLE
“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.
879 CRAIGVILLE BEACH ROAD, CENTERVILLE, MA 02632
YARMOUTH
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!!!!!!!!!”
14 JUDAN WAY, SOUTH YARMOUTH, MA 02664
DENNIS
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.
4 LONGELL ROAD, DENNIS PORT, MA 02639
HARWICH
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.
55 SHORE ROAD, WEST HARWICH, MA 02671
CHATHAM
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!”
19 FOREST BLUFF ROAD, CHATHAM, MA 02659
BREWSTER
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.
OCEAN SAINT EXTENSION, BREWSTER, MA 02631
ORLEANS
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.
49 ASPINET ROAD, EASTHAM, MA 02642
EASTHAM
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.”
15 SUNSET LANE, EASTHAM, MA 02642
WELLFLEET
“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
TRURO
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.
55 POND ROAD, TRURO, MA 02642
PROVINCETOWN
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.”
509 Commercial Street
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Best Time To Buy Vacation Homes

“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.
IMG_1256
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.