11 Ellens Way, Nantucket (Miacomet), MA, 02554 | $7,995,000

Extraordinarily well-built and meticulously finished, this modern and spacious beach escape is located in the private Miacomet Preserve neighborhood, surrounded by open space and conservation land and just a short distance to Miacomet Beach and Pond. The property offers multiple living spaces, making it easy to transition between indoor and outdoor spaces while entertaining or large bedrooms for rest and renewal. The lot abuts conservation land on two sides, which offers incredible privacy for the pool and other exterior spaces. First Floor The oversized entrance is inviting and sets the tone for the home. Your eye wanders towards the back of the house that is open concept living with a fireplace, dining, and kitchen with high-end appliances and walk-in pantry. Additionally on the first floor is a bif bedroom with ensuite bathroom. The front of the home prioritizes space with a large mudroom, laundry and a half bathroom. Second Floor The second floor landing has a nice sitting area with ample light and a large built-in with bookshelves and cabinets for storage. The large primary suite showcases shiplap details, a walk-in closet with custom built-ins, and double doors leading to the private deck with views of the pool and backyard. Primary bathroom has a vanity with double sinks, soaking tub, and glass enclosed shower. There are two additional bedrooms each with ensuite bathrooms. Third Floor Access to the widow's walk. Basement Fully finished basement with substantial ceiling height and exterior access to the backyard. Entertainment area that can double as a work space, game room with pool table and wet bar, bonus room, full bathroom, and a large storage closet. Other Structures One car garage with storage space.

Features

  • Town: Nantucket
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Style: Contemporary
  • Year Built: 2018
  • Garage: 1-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 4,468
  • Acreage: 0.24
  • Est. Taxes: $13,379
  • School District: Nantucket
  • Pool: Heated
  • Appliances: Tankless Water Heater
  • MLS#: 22401625
  • Website: https://www.raveis.com
    /eprop/22401625/11ellensway_nantucket_ma?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11 Ellens Way, Nantucket (Miacomet), MA, 02554

$7,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,396,000 $6,396,000 $6,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $1,115 $1,115 $1,115
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,816 $38,863 $52,686
Total Monthly Payment $37,056 $40,103 $53,926

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.