40 Pine St

Nantucket, MA 02554

$2,530,000
Last Sold Price
4
Beds
1,917 Sq. Ft.
$1,320 / Sq. Ft.
1,917
Sq. Ft.
$1,320
per Sq. Ft.
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Closed 11/16/22
Closed 11/16/22

Description

A rare opportunity to own a beautifully renovated piece of Nantucket history! Featured in Clay Lancaster's "Historical Architecture of Nantucket" as a unique one of a kind home, "Seahorse" was built in the 1700's in what was and still is known as the "Fish Lots." Located toward the end of Pine Street, this jewel box house is one of the only 1/2 Cape designs on the island making it "historically significant." Framed by a lovely manicured lawn and gardens, the home overflows with authentic Nantucket...A rare opportunity to own a beautifully renovated piece of Nantucket history! Featured in Clay Lancaster's "Historical Architecture of Nantucket" as a unique one of a kind home, "Seahorse" was built in the 1700's in what was and still is known as the "Fish Lots." Located toward the end of Pine Street, this jewel box house is one of the only 1/2 Cape designs on the island making it "historically significant." Framed by a lovely manicured lawn and gardens, the home overflows with authentic Nantucket design. The current owners have taken painstaking care to renovate the home to her original glory, including replacing the exterior brick foundation with brick from an Irish Bank built in the same timeframe as Seahorse. There are countless examples of preserved features throughout the home, including the 6 over 6 windows in the basement, the original interior stairway and the exposed transom window. There are multiple exposed original beams and wide pine flooring throughout. In recent years, the current owners added central AC, hydronic forced air heat and radiant heat in basement and main level floors. In 2022, Seahorse is getting even further updates with the addition of 2 new bedrooms and 2 full bathrooms in the lower level, each with their own walk-out egress access. 2 additional bedrooms and 2.5 additional bathrooms upstairs provide fantastic living space in this well loved home. With off street parking and over 500 square feet of ground cover available, the home has opportunity for expansion or is ready now for a new family to move in and carry the story of this Nantucket treasure into the next generation.
  1. Listed by Shellie Dunlap • Lee Real Estate

Property Details for 40 Pine Street

Zoning
ROH
View
None, Res
LISTING UPDATED: 11/22/2023 02:56 PM

Property Details for 40 Pine Street

StatusClosed
MLS #89663
Days on Market9
Taxes$5,287 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS Type1 Family / Single Family Residence
Year Built1700
Lot Size0.08 AC / 3,484 SF
CountyNantucket County
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Location

Listing Courtesy of Lee Real Estate, Shellie Dunlap

Sold By Jordan Real Estate, Patty Tasch

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Building Information for 40 Pine Street

Stories-Year Built1700Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

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$13,048 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,607

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40 Pine Street

Summary
Location and General Information
  • Latitude: 41.278944
  • Longitude: -70.0990306
  • Listing ods: Deck, Garden, Patio
  • MLS Area Major: Town
Taxes and HOA Information
  • Tax Assessed Value: $365,000.00
  • Tax Lot: 0
  • Tax Map Number: 5541
  • Tax Other Annual Assessment Amount: $1,010,400.00
  • Tax Year: 2022
Parking
  • Parking Features: Yes
Property
Lot Information
  • Lot Features: Yes
  • Property Type: 1 Family
Property and Assessments
  • Possible Use: 55-P
  • Parcel Number: 117
  • Photos Count: 34
  • Deed No: 1737
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2022
Utilities
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: Newly renovated spaces feature a large bedroom ensuite with tiled shower, fireplace, exposed beams, large windows and access to walk out exterior egress. Additional bonus room/bedroom with ensuite bathroom with tiled shower and walk out egress to back garden. Storage room with full size refrigerator and ample storage. Multiple closets, bins and storage areas throughout.
  • Exterior Features: Deck, Garden, Patio
  • Frontage Type: None
Interior Features
  • Foundation Details: Stone
  • Main Level Bedrooms: 1
  • Rooms Total: 6
  • Appliances: Stove: Y, Washer: Y
  • Fireplace Features: 2
  • Fireplace: No
  • Flooring: Pine
  • Furnished: Unfurnished
  • Heating: GFHA
  • Interior Features: AC,Ins,Irr,OSh,WdStove, Floor 1: Enter into the open concept living/dining/kitchen which boasts nice ceiling height, soapstone counters in the kitchen, original exposed beams, wide pine floors and a wood burning stove. Off the living room is a large ensuite bedroom with fireplace and bathroom with shower. Down the hall from the dining area is a small mud/laundry room leading to back porch, gardens and outdoor shower. To the left of the front door is an open stairway restored to its original design which leads to second floor. Also inside the front door is a door with interior stairs to the newly renovated lower level., Floor 2: A very large Primary Suite with tub and sink and private water closet. The large bright room features vaulted ceilings with exposed original beams and multiple built in closet and storage areas.

Property History for 40 Pine Street

DateEvent & SourcePriceAppreciation
Nov 16, 2022

Sold (Public Record)

Public Record #1501496265

$2,530,000

+154.4% / yr

Nov 16, 2022

Sold

NANTUCKET_LINK #89663

$2,530,000—
Aug 24, 2022

Listed (Active)

NANTUCKET_LINK #89663

$2,530,000—
DateEvent & SourcePrice
11/16/2022

Sold (Public Record)

Public Record #1501496265

$2,530,000

+154.4% / yr

11/16/2022

Sold

NANTUCKET_LINK #89663

$2,530,000
08/24/2022

Listed (Active)

NANTUCKET_LINK #89663

$2,530,000

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

Public Records for 40 Pine Street

Taxable ValueLand$1,273,200Additions$1,046,600Total$2,319,800
Tax Record2025$7,609 ($634 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,410 SqFtAbove Grade Finished SqFt1,410 SqFtStories2Lot Size3,377 SqFtStyleSingle Family ResidenceYear Built1803ZoningROHCountyNANTUCKETAPNNANT M:05541 P:00117Fireplace TypeHas Fireplace

Schools near 40 Pine Street

This home is within Nantucket School District.
Rating
School
Type
Grades
Distance
Nantucket Elementary School
Public - PK to 2
Cyrus Peirce Middle School
Public - 6 to 8
Nantucket High School
Public - 9 to 12
Nantucket Intermediate School
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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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.

Listing Courtesy of Lee Real Estate, Shellie Dunlap

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.