Nantucket mansion bought for $13.95m now asks $45m, could set state record
A newly constructed mansion on Nantucket has been listed for $45 million, significantly higher than its $13.95 million purchase price in 2024. The property features traditional New England architecture and unique amenities like a private underground tunnel.
Why it matters
The listing highlights extreme luxury real estate trends and the potential for record-breaking property valuations in exclusive markets.
On Nantucket, where old-world charm and serious real estate money have long shared the same narrow lanes, a brand-new mansion is making an unusually bold entrance. Built after its owners acquired the property for $13.95 million in 2024, the sprawling Cliff Road residence has now arrived on the market for $45 million, a price that could rewrite Massachusetts’ residential sales record, states the latest report by Mansion Global.A new take on Nantucket classicAccording to Mansion Global, set on 0.62 acres in the highly coveted Cliff neighbourhood, the newly completed home stretches across 13,500 square feet and three levels.
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