Nantucket's west end boasts a relaxed, peaceful vibe and is home to some of the best beaches, fishing spots and sunset vistas on the island. Starbuck Road is one of the more desirable locations as it is just a short distance to area beaches as well as Millie's Restaurant and Market. This stunning property was comprehensively and custom-renovated in 2021. The entire home was thoughtfully redesigned and now includes an expansive lower level, new framing, new electrical, new mechanicals and an expanded and beautifully designed interior. It enjoys distant ocean views across Madaket Trust Land on one side, and views over the Hither Creek and Madaket Harbor from the second floor of the other. Offered fully furnished, the decor boasts a neutral and serene vibe. There are HDC approved plans for a studio garage should a buyer desire this additional amenity. First Floor The front entry opens to a spacious and brightly lit living room with vaulted ceilings, oak floors and sliders to the back patio overlooking conservation land and the ocean beyond. An open-format kitchen and dining room is adjacent to the living room and offers first floor ocean views. A powder room and mudroom entry are connected to the side porch just past the kitchen. To the right of the living room is a bedroom wing with two very spacious ensuite bedrooms, both with vaulted ceilings and one with an additional washer and dryer setup. Second Floor This floor hosts a private bedroom suite with a connected living room that offers unique views over Hither Creek to Madaket Harbor. From the bedroom, you can see the Atlantic Ocean across Madaket Trust Land. Basement The lower level was part of the comprehensive 2021 expansion and this additional space spans the full footprint of the house. There is a very spacious and comfortable living room on this level, perfect for movie-watching on rainy days. A guest wing hosts multiple bunk beds and a full, ensuite bath. A partially finished room with exterior stairs would make a perfect gym, wine room or office. A laundry room and a powder room are also on this level. Other Structures Shed.
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$5,295,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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 | $4,236,000 | $4,236,000 | $4,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $1,102 | $1,102 | $1,102 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,052 | $26,082 | $35,176 |
Total Monthly Payment | $25,279 | $27,309 | $36,403 |
* 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.