59 Polpis Road, Nantucket (Polpis), MA, 02554 | $8,250,000

Discover the epitome of luxury living in this exquisite to be built home at 59 Polpis Road, the latest project by Randy Sharp. Boasting 5 bedrooms with potential for 7, this residence will feature a stunning pool area and is set on an expansive lot just shy of an acre in the prestigious Polpis area. The home offers breathtaking views of the scenic Moors End Farm fields. Thoughtfully designed, the floor plan includes open-plan living spaces that flow seamlessly onto spacious back decks and porches, providing generous living and dining areas with views of the magnificent pool and meticulously landscaped grounds. Spec and construction details are available upon request. First Floor Enter through the charming front porch into the welcoming entry hall, which features a half bathroom on the left and stairs on the right. The living room, complete with a fireplace, lies straight ahead and opens onto a deck perfect for dining, with views of the pool area and backyard. The expansive open kitchen to the left boasts a generous island and connects to the dining area with cathedral ceilings. The dining area overlooks a large covered porch living space that connects to an outdoor grill area, accessible from both the mudroom/laundry and the porch itself. The kitchen also provides access to the mudroom and laundry, which can be reached via a path from the driveway and the back porch. To the right of the entry hall, two bedrooms with en suite bathrooms feature generous walk-in closets. The primary bedroom overlooks the pool area and includes dual vanities, a standalone bathtub, and a separate shower in its en suite bathroom, with a porch offering direct access to the pool. Second Floor At the top of the stairs, a cozy area perfect for a desk and sitting chair leads to a spacious TV room overlooking the backyard and pool, ideal for movie nights with family and friends. To the left of the landing, a generous en suite bedroom offers views of both the front and back of the property. To the right of the TV room are two en suite bedrooms, both with shower stalls, and one featuring dual vanities. Basement Potential to finish the lower level with plans that would increase the total bedroom count to 7 en suite bedrooms and add an additional 2, 280 sq ft. Plans include a spacious recreation room upon descending the stairs, with a large storage area or gym to the left featuring an exterior access door and stairwell to the backyard, as well as a mechanical room accessed from the gym/storage area. To the right, an owner's closet and two en suite bedrooms, one designed as a bunk room, are included. Could be delivered with project. Other Structures There is potential for a garage/studio, with plans for an oversized 2-car garage (641 sq ft) with a studio above (528 sq ft) that includes a full bathroom and closet. This addition would be perfect for accommodating extra guests or serving as an artist studio. Could be delivered with project. Additionally this building could be re-envisioned to a full second dwelling if so desired.

Features

  • Town: Nantucket
  • Rooms: 5
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Style: Contemporary
  • Year Built: 2024
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Interior Entry
  • Approx Sq. Feet: 4,198
  • Acreage: 0.97
  • Est. Taxes: $5,947
  • School District: Nantucket
  • Pool: Heated, In Ground
  • Appliances: Tankless Water Heater
  • MLS#: 22403540
  • Website: https://www.raveis.com
    /eprop/22403540/59polpisroad_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

59 Polpis Road, Nantucket (Polpis), MA, 02554

$8,250,000

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 $6,600,000 $6,600,000 $6,600,000
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 $496 $496 $496
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,958 $40,102 $54,366
Total Monthly Payment $37,579 $40,723 $54,987

* 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.