Last Sold Price
9 beds10,156 sqft$2,462/sqft
262 Polpis Rd, Nantucket, MA 02554

Description

Undoubtedly one of the most coveted private estates on Nantucket Island, this 56 acre waterfront estate is truly one-of-a-kind. The unique compound is accessed by an intriguing  barn-style gatehouse through which the winding drive leads you over a wooden bridge toward the impressive siting of the main house, with rolling lawns spilling gently down to the water's edge of Polpis Harbor.   This offering consists of a stunning five bedroom main house with water views from every room, a two bedroom cottage,...Undoubtedly one of the most coveted private estates on Nantucket Island, this 56 acre waterfront estate is truly one-of-a-kind. The unique compound is accessed by an intriguing  barn-style gatehouse through which the winding drive leads you over a wooden bridge toward the impressive siting of the main house, with rolling lawns spilling gently down to the water's edge of Polpis Harbor.   This offering consists of a stunning five bedroom main house with water views from every room, a two bedroom cottage, a private and spectacular office/studio, a boat house right on the harbor for enjoying the phenomenal views, and the gatehouse which has an attached two bedroom cottage.   There are two fenced-in horse pastures for the equestrian and a sport court for athletic activities.   Two moorings out front allow water enthusiasts easy access to fishing or boating, ready to go at a moments notice.   Paddle boarding, sailing, windsurfing, water skiing, fishing and kayaking can all be accessed right off the front lawn and with this much acreage, there are countless opportunities to add a pool, cabana, basketball court, putting green, stables or a tennis court. This property offers privacy, serenity, water views and exceptional living.   This is a true luxury waterfront estate.
LISTING CLOSED: 11/21/2018 12:00 AM

  1. Listed by Nantucket CompLINK • LINK Listing Information Network

Property Details for 262 Polpis Road

Status
MLS #
85226
Days on Market
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
1 Family / Single Family Residence
Year Built
2000
Lot Size
57.20 AC / 2,491,632 SF
Zoning
LUG3
View
Hbr, Pasture

Location

Add your commute

Building Information for 262 Polpis Road

Stories-Year Built2000Building Size-Lot Size57.20 AC / 2,491,632 SF

Payment Calculator

$138,288 per month

30 year fixed, 6.55% Interest

Principal and Interest

$127,072

Property Taxes

$11,216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 262 Polpis Road

Summary
Location and General Information
  • Latitude: 41.2997522
  • Longitude: -70.0188085
  • GeoLocked: No
  • GeoPrecision: Address
  • Listing ods: Deck, Garden, Porch, Patio, Tennis
  • MLS Area Major: Polpis
Taxes and HOA Information
  • Tax Assessed Value: $20,397,600.00
  • Tax Lot: All
  • Tax Map Number: 25
  • Tax Other Annual Assessment Amount: $7,490,700.00
  • Tax Year: 2018
Parking
  • Parking Features: Ample
Property
Lot Information
  • Building Address Id: 0
  • Lot Features: Driveway Easement, Estate setting
  • Number Of Lots: 0
  • Property Type: 1 Family
Property and Assessments
  • Possible Use: 11931-C
  • Parcel Number: 1
  • Photos Count: 32
  • Approval Status: -1
  • Reviewed: Yes
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Basement: Partial unfinished basement in the main house.
  • Exterior Features: Deck, Garden, Porch, Patio, Tennis
  • Frontage Type: Bay/Harbor
  • Loft: 0
Interior Features
  • Foundation Details: Poured
  • Septic Bedrooms: 0
  • Main Level Bedrooms: 1
  • Other Structures: A short distance from both the main house and cottage is a light filled octagonal building that is currently used as an impressive office, offering privacy away from the main residence. The office boasts a cathedral ceiling with circular windows to allow in even more light; there is also a wet bar, and a full bathroom with a shower.  The enchanting gatehouse/barn that has left many passersby curious, is located at the entrance to the property where access begins with checking in via an intercom system monitored by the main house. The barn offers storage with a second floor loft, and a separate workshop.  Attached to the gatehouse/barn, is a charming two bedroom cottage with a kitchen, living room and bathroom, perfect for overflow house guests or for housing a nanny, housekeeper or estate manager.
  • Rooms Total: 10
  • Appliances: Stove: Double Thermador Ovens, Washer: Double
  • Fireplace Features: Yes
  • Fireplace: No
  • Flooring: Cherry, wood, carpet
  • Furnished: Unfurnished
  • Heating: OFHA
  • Interior Features: A,AC,Disp,Ins,Irr,OSh, Floor 1: The first floor is thoughtfully laid out for large family gatherings, where creating new memories is something an owner will enjoy for years to come.  The formal entry opens into a grand living room, with soaring ceilings and a wall of picturesque windows looking out over a sprawling front lawn toward the harbor.  The living room centers the home; to the west is an open concept dining, kitchen and comfortable sitting room where one can take in water views from every window while enjoying meals from the efficient chef's kitchen.  The kitchen offers granite counters, double sinks, double ovens, two Sub-Zero refrigerators and a breakfast bar.  Large sliding doors open out onto the expansive yard where you are steps away from enjoying a variety of water sports available off your own private peninsula.  The informal entry to the main house is located off an attached two car garage that leads you via a bead boarded mudroom past a laundry room, media room and separate pantry before arriving at the sun filled and inviting kitchen.  A cozy parlor is located off the east end of the living room where one can relax with a good book in front of one of the three fireplaces in the main house.  A light and spacious master suite leads off the parlor offering 180 degree harbor views out multiple windows.  A spacious walk-in closet and a grand bathroom with separate soaking tub, glass tiled shower, double vanities and laundry complete this wing of the home.  A powder room with teak and holly floors off the formal living room rounds off the first floor., Floor 2: There are two staircases that lead to the second floor.  One winds up from the formal living room to an open landing where one gets fabulous views of the harbor through picturesque windows. There are four bedrooms on the second floor, all with private bathrooms that feature marble and limestone finishes.  There are stunning views of the harbor from each bedroom.  A second staircase leads off the back hallway down toward the mudroom entrance.

Property History for 262 Polpis Road

DateEvent & SourcePriceAppreciation
Nov 21, 2018

Sold

NANTUCKET_LINK #85226

$25,000,000
Jun 17, 1997

Sold (Public Record)

Public Record #88268654

$7,150,000
DateEvent & SourcePrice
11/21/2018

Sold

NANTUCKET_LINK #85226

$25,000,000
06/17/1997

Sold (Public Record)

Public Record #88268654

$7,150,000

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

Public Records for 262 Polpis Road

Taxable ValueLand$16,473,500Additions$24,562,400Total$41,035,900
Tax Record2025$134,598 ($11,216 / month)
Home Facts
Lot Size1,005,139 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954ZoningLUG3CountyNANTUCKETAPNNANT M:00025 P:00001Fireplace TypeHas Fireplace

Schools near 262 Polpis Road

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 262 Polpis Road, Nantucket, MA 02554
$25,000,000
9
10,156
2,491,632
204
1,070,535
$1
858,342
$2,120,500
4
3,378
260,264
$16,850,000
7
5,533
174,240
24,829

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LINK Listing Information Network, Nantucket CompLINK

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.