1 Little Neck Way, Unit 1

$6,950,000
Price
4
Beds
2,456 Sq. Ft.
$2,830 / Sq. Ft.
2,456
Sq. Ft.
$2,830
per Sq. Ft.

Description

Quintessential Nantucket Cottage on Madaket Harbor. Escape to the edge of the island in this classic 4-bedroom, 3-bath cottage perched directly on the tranquil shores of Madaket Harbor. Offering panoramic, unobstructed water views and direct access to a sandy beach, this is a rare coastal retreat where you can savor the very best of Nantucket's natural beauty and maritime lifestyle. An ideal haven for boaters and outdoor enthusiasts, the property is a gateway to sailing, fishing, clamming, scalloping,...Quintessential Nantucket Cottage on Madaket Harbor. Escape to the edge of the island in this classic 4-bedroom, 3-bath cottage perched directly on the tranquil shores of Madaket Harbor. Offering panoramic, unobstructed water views and direct access to a sandy beach, this is a rare coastal retreat where you can savor the very best of Nantucket's natural beauty and maritime lifestyle. An ideal haven for boaters and outdoor enthusiasts, the property is a gateway to sailing, fishing, clamming, scalloping, and windsurfing - right from your doorstep. The harbor's calm waters are perfect for daily adventures or quiet sunset paddles. Inside, the cottage is brimming with nautical character and timeless island charm. Thoughtful details throughout, weathered wood accents, built-ins, and vintage maritime touches - celebrate the spirit of Nantucket's seafaring heritage while offering all the comforts of home. Whether you're hosting summer gatherings on the deck, watching the boats drift by from the living room, or enjoying the harbor breezes and sunsets in a hammock, this is a place where memories are made - and where the ocean feels like part of the family.

Property Details for 1 Little Neck Way, Unit 1

Zoning
VR
View
Hbr, Hrb
LISTING UPDATED: 08/15/2025 03:17 PM

Property Details for 1 Little Neck Way, Unit 1

StatusActive
MLS #92452
Days on Market152
Taxes$19,567 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Condominium
Year Built1960
CountyNantucket County

Location

Listing Courtesy of William Raveis Nantucket, Gloria Grimshaw
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Building Information for 1 Little Neck Way, Unit 1

Building/Complex1 Little Neck WayFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1960

Payment Calculator

$35,973 per month

30 year fixed, 6.28% Interest

Principal and Interest

$34,342

Property Taxes

$1,631

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Little Neck Way, Unit 1

Summary
Location and General Information
  • Latitude: 41.280187
  • Longitude: -70.1930456
  • Listing ods: Garden, Deck, Porch
  • MLS Area Major: Madaket
Taxes and HOA Information
  • Tax Assessed Value: $5,795,000.00
  • Tax Lot: B5
  • Tax Map Number: 38
  • Tax Year: 2025
Parking
  • Parking Features: Yes
Property
Lot Information
  • Lot Features: This free standing condominium is subject to the Master Deed of Little Neck Way Condominium. 3 Little Neck Way has a 30 day Right of First Refusal., Yes
  • Property Type: Condo
Property and Assessments
  • Possible Use: 15459-D
  • Parcel Number: 191
  • Photos Count: 99
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 1995
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: Crawl space
  • Exterior Features: Garden, Deck, Porch
  • Frontage Type: Bay/Harbor
Interior Features
  • Foundation Details: Concrete
  • Main Level Bedrooms: 1
  • Other Structures: Two detached storage sheds.
  • Rooms Total: 7
  • Appliances: Stove: Frigidaire, Washer: Speed Queen
  • Fireplace Features: 1
  • Fireplace: No
  • Flooring: Wood
  • Furnished: Unfurnished
  • Heating: GFHW
  • Interior Features: Ins,Irr,OSh, Floor 1: The front covered porch leads into the main entry with cathedral ceiling and coat closet. To the right is a custom kitchen with breakfast counter that opens to the dining area and living room with a fireplace and vaulted ceiling. Glass sliders to a large deck offer unobstructed panoramic views of Madaket Harbor. Wet bar with small fridge, ice machine, and custom cabinets are a nice addition to the living room. Spacious family room (or first floor primary suite) with numerous built-ins and full bath with shower and door to access the outdoor shower. The screened porch off the family room opens to the deck providing fabulous water vistas. Two guest bedrooms, a hall bath with shower and ample hall closet which houses the laundry with storage shelves complete the first floor., Floor 2: Spacious loft with sitting/office area overlooks the living room and offers views of the harbor and creeks. Closet containing the gas furnace and hot water heater. Primary bedroom with glass doors to a private balcony overlooking Madaket Harbor. Numerous built-ins as well as a window seat, closet and storage areas. Private bath with shower.

Property History for 1 Little Neck Way, Unit 1

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Price Change

NANTUCKET_LINK #92452

$6,950,000—
Jul 21, 2025

Listed (Active)

NANTUCKET_LINK #92452

$7,895,000—
DateEvent & SourcePrice
08/15/2025

Price Change

NANTUCKET_LINK #92452

$6,950,000
07/21/2025

Listed (Active)

NANTUCKET_LINK #92452

$7,895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Little Neck Way, Unit 1

This home is within Nantucket School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Nantucket Elementary School
PublicPK to 2

Cyrus Peirce Middle School
Public6 to 8

Nantucket High School
Public9 to 12

Nantucket Intermediate School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Little Neck Way, Unit 1 is a condo for sale in Nantucket, MA 02554. This property was listed for sale on July 21, 2025 by William Raveis Nantucket, it's currently listed at $6,950,000. This listing's school district is Nantucket School District. Nearby schools include Nantucket Elementary School, Cyrus Peirce Middle School and Nantucket High School. 1 Little Neck Way, Unit 1 is a 4-bed, 3-bath, 2,456 sqft condo built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Nantucket, Gloria Grimshaw

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.