Nantucket MA Absolute Above 1M 3.31+ ac Lot in Shawkemo w Water Views



JJManning Auctioneers is proud to offer this increasingly rare 3.31+/- acre prime residential lot in the exclusive and highly desirable Shawkemo area featuring beautiful luxury estates. The home built in this picture perfect spot will offer second floor views of Nantucket Harbor and an abundance of conservation land over which there are spectacular sunrises and sunsets. This oversized lot affords plenty of privacy and the potential for construction of a main house, guest house, garage, pool, and tennis court or other resort amenities that will provide endless opportunities for relaxation and the pursuit of an active outdoor lifestyle near the bike trail, hundreds of acres of conservation land, and miles of ocean beaches in one of the eastern seaboard'ss most prestigious destinations, the elegant grey lady of Nantucket.

Absolute* Auction: Fri., October 24, 2008 at 2:00 p.m. Bid Live on Auction Site or Online.

Auction Site: The White Elephant - 50 Easton St., Nantucket, MA

*The property will be sold absolute to the highest bidder above $1 million

APPRAISED VALUE (6/08): $2,200,000

SITE AREA: 3.31+/- acres

ZONING: Residential LUG3 (120,000 sf., 200 ft. frontage)

FRONTAGE: 288+/- ft.

APPROXIMATE DIMENSIONS: 288's x 491's x 308's x 480's

TOPOGRAPHY: Rolling with highest elevation at rear nearest the harbor

COUNTY: Nantucket

PROPERTY ID: Map 44 Parcel 129

LAND COURT CERTIFICATE: 19433, Div. Lot 7

FEMA FLOOD ZONE: C, non hazard

FEMA MAP: 2502300009D 7/2/92

UTILITIES AT STREET: Electric, phone 's38; cable

NOTE: See Property Information Package for 8-bedroom Title V septic plan created in 2002

TAX ASSESSMENT: $922,600

RE TAXES (2008): $2,529.23

Terms of Sale: 10% deposit of which Twenty-Five Thousand Dollars ($25,000.00) must be presented in cash, certified or bank check. Remainder of the 10% deposit in wire transfer, cash, certified or bank check by 5 pm ET on Tuesday, October 28, 2008. Balance in 45 days. 10% Buyer'ss Premium. Other terms, if any, announced at the sale.

Online Bidding Terms: Visit website for details, mandatory 72 hour pre-registration.

Buyer'ss Broker Terms: 2% Broker Commission Offered. Visit www.JJManning.com, mandatory 48 hour broker pre-registration.





Nantucket MA Absolute Above 1M 3.31+ ac Lot in Shawkemo w Water Views