A once in a life time opportunity to own this extraordinary six-bedroom, five-bathroom residence on nearly three acres of premier oceanfront, rising 45 feet above sea level with expansive decks soaring to approximately 65 feet. The result: uninterrupted, panoramic views of the Atlantic—capturing the island’s most breathtaking sunrises and sunsets from dawn to dusk. In 2025, the property underwent a comprehensive transformation, blending timeless Nantucket character with modern luxury. Upgrades include a new cedar roof and shingles, refreshed trim and exterior lighting, extended decking, high-efficiency heating and hot water systems, updated interior electrical, and beautifully reimagined landscaping with retaining walls and expanded lawns. The resort-caliber outdoor amenities are designed for both relaxation and entertaining: a heated pool, hot tub, outdoor kitchen, twin outdoor showers, and a brand-new poolside cabana with full basement. Custom-designed easy sloping stairs provide direct access to the beach, creating seamless transitions from ocean swims to gatherings on elevated terraces. Move-in ready today yet offering abundant potential for personalization, this is a rare opportunity to own one of Nantucket’s most elevated and inspiring oceanfront settings.
For sale
$8,995,000
1 Reeds Way, Nantucket, MA 02554
6beds
3,676sqft
Est.:
Single Family Residence
Built in 1979
2.78 Acres Lot
$-- Zestimate®
$2,447/sqft
$-- HOA
What's special
- 120 days |
- 803 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 02:44pm
Listed by:
Gary Winn & Morgan Winn,
Maury People Sotheby's International Realty
Source: LINK,MLS#: 92590
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 6
Heating
- GFHA
Appliances
- Included: Stove: Wolf Electric, Washer: 2 Maytag
Features
- A, AC, Ins, Irr, OSh, Floor 1: The ground level houses all six bedrooms divided between two wings. To the left upon entry, a hallway leads to two queen bedrooms and a shared full bath. Straight back from the entry is the two-level master suite with sitting area, luxe bath and sliding glass doors out to the yard and ocean. Along the hallway to the master are three bedrooms and a large shared bath with laundry., Floor 2: The second floor is comprised of three areas; a large open living room with sliding glass doors to the various decks and incredible ocean views. The space is crowned with towering cathedral ceilings and exposed beams. The gourmet kitchen and dining area share access to the living room and views. There is an armada of gourmet appliances (Wolf, Thermador, SubZero), granite counters, and lots of cabinetry. At the back of the house is a large, yet cozy den with over sized fireplace, built-in bar, and again, cathedral ceilings, as well as a spacious shower bath.
- Flooring: Hardwood
- Basement: Unfinished.
- Has fireplace: No
- Fireplace features: 3
- Furnished: Yes
Interior area
- Total structure area: 3,676
- Total interior livable area: 3,676 sqft
Property
Parking
- Parking features: Ample
Features
- Exterior features: H/Tub, P/Pool, Patio, Porch, Deck
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: Oceanfront
Lot
- Size: 2.78 Acres
- Features: See Deed, Yes
Details
- Additional structures: Brand New Cabana with half bath. All new plumbing, electric, flooring & shiplap. New outdoor kitchen.
- Parcel number: 319
- Zoning: LUG3
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete block
Condition
- Year built: 1979
- Major remodel year: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cbl
Community & HOA
Location
- Region: Nantucket
Financial & listing details
- Price per square foot: $2,447/sqft
- Tax assessed value: $5,837,100
- Annual tax amount: $19,710
- Date on market: 9/6/2025
- Listing agreement: E
Estimated market value
Not available
Estimated sales range
Not available
$5,504/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $8,995,000-10%$2,447/sqft |
Source: LINK #92590 Report a problem | ||
| 12/30/2025 | Listing removed | $9,995,000$2,719/sqft |
Source: LINK #92590 Report a problem | ||
| 9/6/2025 | Listed for sale | $9,995,000$2,719/sqft |
Source: LINK #92590 Report a problem | ||
| 8/30/2025 | Listing removed | $9,995,000$2,719/sqft |
Source: LINK #91596 Report a problem | ||
| 7/23/2025 | Price change | $9,995,000-9.1%$2,719/sqft |
Source: LINK #91596 Report a problem | ||
| 6/18/2025 | Price change | $10,995,000-17%$2,991/sqft |
Source: LINK #91596 Report a problem | ||
| 8/25/2024 | Listed for sale | $13,250,000$3,604/sqft |
Source: LINK #91596 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,146 +4.8% | $5,837,100 |
| 2024 | $18,270 +15.8% | $5,837,100 +18.8% |
| 2023 | $15,777 | $4,914,800 +10.1% |
| 2022 | -- | $4,465,300 +3.2% |
| 2021 | $15,702 +21.4% | $4,325,700 +15.4% |
| 2020 | $12,937 +2.8% | $3,749,800 +0.1% |
| 2019 | $12,589 +3.3% | $3,746,800 +8.5% |
| 2018 | $12,188 +11.9% | $3,452,700 +7.5% |
| 2017 | $10,888 +14.7% | $3,211,700 +13.7% |
| 2016 | $9,492 +1.8% | $2,825,100 +9.4% |
| 2015 | $9,325 -4% | $2,583,000 |
| 2014 | $9,712 -23.3% | $2,583,000 -25.2% |
| 2013 | $12,668 -3.5% | $3,451,700 -4.8% |
| 2012 | $13,124 +1.1% | $3,625,500 +0% |
| 2011 | $12,975 +11.6% | $3,624,300 -6.1% |
| 2010 | $11,624 -1.7% | $3,861,800 -9.9% |
| 2009 | $11,829 +3.4% | $4,285,900 |
| 2008 | $11,443 +8.8% | $4,285,900 +1.5% |
| 2007 | $10,519 +7.4% | $4,224,600 +22.5% |
| 2006 | $9,794 -12.6% | $3,448,600 +1.6% |
| 2005 | $11,204 +42.9% | $3,395,300 +35.5% |
| 2004 | $7,843 -7.8% | $2,505,800 +0.7% |
| 2003 | $8,507 +29.8% | $2,487,500 +49.5% |
| 2001 | $6,556 | $1,664,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$47,726/mo
Principal & interest
$46077
Property taxes
$1649
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Climate risks
Neighborhood: 02554
Nearby schools
GreatSchools rating
- NANantucket Elementary SchoolGrades: PK-2Distance: 5.9 mi
- 6/10Cyrus Peirce Middle SchoolGrades: 6-8Distance: 6 mi
- 5/10Nantucket High SchoolGrades: 9-12Distance: 6 mi
Local experts in 02554
- Massachusetts
- Nantucket County
- Nantucket
- 02554
- 1 Reeds Way
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