2 Drew Lane, Nantucket (Polpis), MA, 02554 | $7,675,000

A cherry blossom lined drive welcomes you home to this spectacular residence, where beauty, comfort, and tranquility reign. As you round the bend from a quiet lane located off of Polpis, the mature and well-manicured grounds allow a peek into the elevated experience that awaits. Situated on . 99 of an acre, this property encompasses two well-appointed dwellings, expansive green space, a pool complete with a sun-shelf, and a sport court for even more outdoor enjoyment. With a five-bedroom, three-and-a-half-bath main house and a three-bedroom, three-bathroom guest house, there is plenty of space for you, yours, and the most discerning guests. First Floor As you enter the home, you are welcomed into the foyer, which leads to a bedroom to the left and the living room and kitchen beyond on the right. The bedroom features a built-in desk area with custom bookcases and French doors that lead back out to the large front deck that overlooks the property. A full bathroom is accessible directly from the bedroom and entryway, while a generous living room is to the right of the front stairway. The living room features a charming wood-burning fireplace for the shoulder seasons and a separate seating area with a view of the back gardens. Beyond the living room, an oversized kitchen boasts a central island with seating for gathering, a large formal dining area overlooking the back garden, a beverage and coffee bar, and an additional fireplace. A second entrance is located just off the kitchen, and another door offers quick access to the patio for outdoor dining, as well as an outdoor shower. Another portion of the spacious hub of the home features a half-bath. Second Floor The front stairway leads to the guest wing with two secondary bedrooms and a full bath, and an open atrium at the top of the stairs makes the common space light and bright. Additionally, there is a walk-through bedroom that could serve as an office space or den. Down the hall is the primary bedroom, which features another wood-burning fireplace, a large walk-in closet, separate wall closets, and French doors that open onto a lovely balcony. Third Floor The roof walk is accessed from a pulldown stairway in one of the secondary bedrooms and affords stunning distant water views. Basement A stairway just off the kitchen leads down to the partially finished basement, which features a life-sized playhouse and bonus space. Additionally, there is a storage room, utility area, cedar closet, and laundry area. A door at the end of the hallway leads out into the garage. Secondary Dwelling The second dwelling is a perfect Nantucket summer cottage with top-of-the-line amenities. The setting is private, with a beautiful stone patio for outdoor dining that leads out onto the expansive yard. The floor plan is light and airy, with a bedroom suite on the first and second floor. The lower level has an additional bedroom, full bath, and a sitting room, making the dwelling perfect for guests.

Features

  • Town: Nantucket
  • Rooms: 17
  • Bedrooms: 8
  • Baths: 6 full / 1 half
  • Style: Colonial
  • Year Built: 1988
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 6,654
  • Acreage: 0.99
  • Est. Taxes: $12,174
  • School District: Nantucket
  • Pool: Heated
  • Appliances: Tankless Water Heater
  • MLS#: 22404276
  • Website: https://www.raveis.com
    /eprop/22404276/2drewlane_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

2 Drew Lane, Nantucket (Polpis), MA, 02554

$7,675,000

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 $6,140,000 $6,140,000 $6,140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,015 $1,015 $1,015
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,961 $36,320 $50,577
Total Monthly Payment $34,100 $37,459 $51,716

* 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.