On Nantucket, a Cliff Road Compound Seeks a Record-Breaking $45 Million
A newly built 13,500-square-foot shingle-style mansion on Nantucket's Cliff Road has hit the market for $45 million, a price tag that could shatter state residential sales records.
The short version
- The 13,500-square-foot compound at 33 Cliff Road on Nantucket is listed for $45 million.
- Property owners acquired the land for $13.95 million in 2024 before constructing the newly built, three-story shingle-style mansion.
- NBC Boston reported that a sale at the $45 million asking price would set a new Massachusetts residential record, besting Martha's Vineyard's $43 million summer record and Nantucket's previous $42 million high from 2023.
- The listing agent stated the anonymous owners are staying put on the island because they prefer a more rural property.
A newly constructed compound on Nantucket has hit the market with an asking price of $45 million, a figure that could set a new residential real estate record for the state of Massachusetts.
According to The Boston Globe, Mansion Global, NBC Boston, and The Times of India, the shingle-style property located at 33 Cliff Road spans 13,500 square feet across three stories. The expansive home features nine bedrooms, multiple bathrooms, a private tunnel, twin barn-style rooflines, and a roof walk offering views of Nantucket Sound.
Could this sale break state records?
A sale at the full asking price would wrestle the state record back from Martha's Vineyard, which recently set a summer record at $43 million, according to NBC Boston. Furthermore, NBC Boston noted that Nantucket's previous highest-price home sale stood at $42 million following a 2023 deal. The Times of India similarly confirmed that a successful $45 million transaction would establish a new benchmark for Massachusetts residential sales.
Who previously owned the property and why are they selling?
Public records show that the property was acquired by its current owners for $13.95 million in 2024 before they constructed the massive mansion, as reported by The Times of India. While the exact identities of the owners have not been publicly disclosed, The Boston Globe columnist Beth Teitell reported via the listing agent that the owners intend to stay on the island at another, more "rural" property that better suits their preferences.
What happens next for the $45 million listing?
The luxury compound is actively on the market, though achieving a full-price transaction will be no easy feat, as NBC Boston pointed out. Whether a buyer steps forward to meet the $45 million valuation remains to be seen as the property begins its tenure on the high-end luxury market.
Frequently asked questions
How much is the Cliff Road property listed for?
The 13,500-square-foot compound is listed for $45 million.
When was the property acquired by the current owners?
The owners purchased the property for $13.95 million in 2024 before building the current mansion.
What features are included in the Nantucket mansion?
The three-story shingle-style home features nine bedrooms, a private tunnel, a pool, twin barn-style rooflines, and a roof walk with views of Nantucket Sound.
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- On Nantucket, a New Home Treads Lightly - The New York Times
- Lifestyle - The New York Times
- Real Estate - The New York Times
- They built a $45 million Nantucket mansion. Then they changed their minds. | Starting Point
- Nantucket Current | Scenes From A Nantucket House Move
- In 2024, buyers paid $13.95 million for a Nantucket property and built a 13,500-sq-ft mansion with a private tunnel; two years later, it is asking $45 million and could set a Massachusetts record - The Times of India
- Nantucket listing would set new Massachusetts home sale record at $45M – NBC Boston
- Nantucket New-Build Asking $45 Million Vies for a Massachusetts Record - Mansion Global