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Sold for $18,000,000
  • $18,000,000

    1 Ocean Ave, Nantucket, MA 02554

    12beds
    11,564sqft
    Single Family Residence
    Built in 1920
    1.15 Acres Lot
    $18,166,300 Zestimate®
    $1,557/sqft
    $2,240 Estimated rent

    Home value

    $18,166,300

    Estimated sales range

    Not available

    $2,240/mo

    Zestimate® history
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    What's special

    A legacy estate in the heart of ’Sconset, One Ocean Avenue is one of Nantucket’s most iconic offerings. Spanning three parcels and perched above the Atlantic, this storied coastal compound includes four dwellings — the grand main house, The Rec Cottage, The Stable, and The Chauffeur’s Cottage — each thoughtfully preserved to honor its early 20th-century origins. Steeped in history, each structure tells a story of summers past and generations gathered. The additional guest cottages provide the rare luxury of privacy and independence, with kitchens and living spaces where family and friends can gather, relax, and entertain — all while enjoying the serenity of their own separate quarters. A true legacy property, this is a once-in-a-lifetime opportunity to own one of Nantucket’s most iconic landmark coastal estates. Set on 1.15 acres with sweeping ocean views and lush gardens, One Ocean Avenue offers a rare chance to carry forward a piece of the island’s enduring story.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bernadette Meyer,

    Maury People Sotheby's International Realty

    Bought with:

    Jennifer Shalley Allen

    Fisher Real Estate

    Source: LINK,MLS#: 92127

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 11
    • Full bathrooms: 10
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • OFHA
    Appliances
    • Included: Stove: Wolf/GE, Washer: LG/Whirlpool/Maytag
    Features
    • A, AC, Disp, Ins, Irr, Floor 1: Enter through a gracious foyer, immediately drawn into the living room by the breathtaking water views. The living room features a large stone fireplace. To the left, a classic study evokes a bygone era with its quiet elegance. To the right, a formal dining room opens through French doors to a covered veranda overlooking the garden — a perfect setting for long summer lunches and evening gatherings, all with ocean views as the backdrop. A sunroom, bathed in natural light, leads seamlessly to a broad veranda. On the main level, a guest bedroom has a full bath. Beyond the dining room, a thoughtfully designed service wing includes a charming pantry with windows and a coffee bar, a well-appointed kitchen, food pantry, and a sunny breakfast room. There is a powder room, spacious laundry room with dedicated hanging and folding areas, and a functional mudroom. Two original “cabanas” have been thoughtfully updated — nostalgic spaces once used for changing and rinsing off after the beach, still complete with showers. A dedicated storage room completes the floor., Floor 2: An open staircase leads to a spacious landing where you're immediately drawn to the “morning room” — a serene sitting area offering a front-row seat to the endless horizon of the Atlantic. To the left, a private wing includes a guest bedroom with en suite bath and walk-in closet, and a second bedroom with its own bath and a charming dressing room — a space that could easily serve as a third guest bedroom or private retreat. To the right, the primary suite with water views features an expansive dressing room, and a full bath. Down a quiet hallway, two additional bedrooms — once quarters for household staff — have been lovingly transformed into storybook children’s rooms. A full bath serves this area, which is also conveniently accessed by a separate back staircase., Floor 3: The third floor is a sunlit blank slate, waiting to be transformed to suit your vision. With vaulted ceilings, sweeping water views, a full bath, and multiple storage areas, this expansive space offers endless potential. Thoughtful built-ins original to the house and cedar-lined closets add both charm and function. Whether imagined as additional bedrooms, home office, or whimsical playroom, this floor offers the flexibility to evolve with your needs.
    • Flooring: Wood and tile
    • Basement: On the lower level are a charming wine cellar, along with mechanicals and abundant storage.
    • Has fireplace: No
    • Fireplace features: 8
    Interior area
    • Total structure area: 11,564
    • Total interior livable area: 11,564 sqft

    Property

    Parking
    • Parking features: Ample
    • Has garage: Yes
    Features
    • Exterior features: Porch, Patio, Garden
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: None
    Lot
    • Size: 1.15 Acres
    • Features: *please Note: The Main House Is Heated By Oil, While All Cottages Utilize Electric And Gas Systems And Have Central Air-Conditioning. Landscaping Irrigation Is Sourced From A Private Well; All Dwellings Are Connected To Town Water., Spacious
    Details
    • Parcel number: 26, 25, 130
    • Zoning: SOH

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Full
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Town
    • Water: Town
    • Utilities for property: Cbl

    Community & neighborhood

    Location
    • Region: Nantucket

    Other

    Other facts
    • Listing agreement: E

    Price history

    DateEventPrice
    12/8/2025Sold$18,000,000-20.9%$1,557/sqft
    Source: LINK #92127 Report a problem
    5/6/2025Listed for sale$22,750,000-22.9%$1,967/sqft
    Source: LINK #92127 Report a problem
    12/9/2024Listing removed$29,500,000$2,551/sqft
    Source: LINK #91187 Report a problem
    5/21/2024Listed for sale$29,500,000$2,551/sqft
    Source: LINK #91187 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,690 +5.6%$11,186,000 +0.7%
    2024$34,754 +20.6%$11,103,400 +23.6%
    2023$28,825 -2.6%$8,979,800 +13.5%
    2022$29,592 +8.6%$7,912,200 +5.4%
    2021$27,259 -5.5%$7,509,300 -10.2%
    2020$28,842 +3.9%$8,360,000 +1.2%
    2019$27,747 -4.4%$8,258,000 +0.4%
    2018$29,028 +8.6%$8,223,100 +4.3%
    2017$26,737 +1.8%$7,887,000 +0.9%
    2016$26,259 +11.1%$7,815,300 +19.4%
    2015$23,628 -4%$6,545,200
    2014$24,610 -7.3%$6,545,200 -9.5%
    2013$26,552 +19.3%$7,235,000 +17.7%
    2012$22,250 +1.1%$6,146,400
    2011$22,004 -20.7%$6,146,400 -33.4%
    2010$27,762 +20.7%$9,223,400 +10.7%
    2009$23,003 +3.4%$8,334,300
    2008$22,253 +9.9%$8,334,300 +2.5%
    2007$20,245 +31.4%$8,130,700 +49.8%
    2006$15,413 -15.1%$5,427,200 -1.4%
    2005$18,157 +17.9%$5,502,200 +11.9%
    2004$15,395 -23.3%$4,918,400 -16.2%
    2003$20,064 +52.4%$5,866,800 +75.6%
    2001$13,165 $3,341,300

    Find assessor info on the county website

    Neighborhood: 02554

    Nearby schools

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