3 Tautemo Way, Nantucket (Cisco), MA, 02554 | $9,975,000

Located on a high spot in sought-after Cisco, 3 Tautemo Way is a contemporary beach compound, developed and situated to capture the sweeping views of the Atlantic Ocean, Hummock Pond, and the 780 acres of conservation land between Hummock Pond and Madaket. This well-designed property is very close to Cisco Beach and features a fully re-built and expanded upside-down main house which takes full advantage of the incredible views from the second floor, a brand-new guest cottage/pool house with an attached 2-car garage, and a custom-designed Gunite pool and spa with bluestone patio including a covered outdoor patio living room. This coastal property has been designed especially for modern beach life, the perfect haven in which to unwind and relax after a day at the beach or on the water. Soaring indoor spaces seamlessly transition to welcoming outdoor spaces including the covered outdoor living room with television, fireplace, and coastal-rated ceiling fan, the 17’x27’ pool and 8’x10’ spa both with auto-covers, lush grounds and landscaping, two separate outdoor showers, and an expansive outdoor deck on the second floor of the main house with some of the finest sunset views on the island. Easy access to Cisco Beach and bike path, Bartlett Farm, Cisco Brewery, Miacomet Golf Club, 167 Raw Seafood, and historic downtown Nantucket. The property is offered tastefully furnished and turnkey.

Features

  • Town: Nantucket
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 4 full / 3 half
  • Year Built: 1995
  • Heating: Gas\FHA
  • Basement: The spacious fully finished basement features a newly poured concrete foundation, boasts good ceiling height throughout, and is illuminated beautifully by large picture windows and recessed lighting. The spacious living room area is the perfect space for kids or adults to relax and enjoy time with family and friends. Also on this level is a half bath. Full stairwell exterior access allows for discreet entry and exit without disturbing those upstairs. No need to trek through the main floors.
  • Acreage: 0.46
  • Property#: 91566
  • Days on Market: 85 days
  • Website: https://www.raveis.com
    /eprop/91566/3tautemoway_nantucket_ma?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of J Pepper Frazier Co.

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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
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  • 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
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3 Tautemo Way, Nantucket (Cisco), MA, 02554

$9,975,000

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 $7,980,000 $7,980,000 $7,980,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $44,686 $49,134 $66,267
Total Monthly Payment $44,811 $49,259 $66,392

* 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.