Nantucket upper mid-range home in Siasconset village

$4 - $6 Million

Upper Mid-Range Homes

OVERVIEW

Premium Island Living

The $4-6 million range opens doors to some of Nantucket's most desirable addresses, including charming Siasconset village, exclusive Quidnet, and premium locations throughout the island. Properties at this level offer refined finishes, generous living spaces, and often include water views or proximity to the island's best beaches.

Buyers in this segment can expect thoughtfully designed homes with high-quality construction, professional landscaping, and the kind of architectural detail that defines luxury Nantucket living. Many properties feature the rose-covered cottages of Sconset, oceanfront views, or positions in highly sought-after enclaves.

This price point attracts discerning buyers who appreciate quality craftsmanship, established neighborhoods, and the prestige of owning in Nantucket's more exclusive areas. Properties typically offer enough space for comfortable family gatherings while maintaining the intimate scale that characterizes island architecture.

TYPICAL PROPERTIES

What to Expect at This Price

Typical Size

2,500 - 4,000 sq ft

Bedrooms

4-5 bedrooms

Lot Size

0.5 - 2 acres

Home Age

Mix of historic homes (some 19th century) and quality new construction

Common Styles

Historic Siasconset cottages

Architecturally significant homes

Custom new construction

REALISTIC EXPECTATIONS

What's Included vs What's Rare

Typically Included

  • Premium kitchen appliances and finishes
  • Designer bathrooms with high-end fixtures
  • Multiple outdoor living areas
  • Professional landscaping
  • Water views in select locations
  • Central air and modern systems
  • Detached garages or ample parking
  • Potential for guest quarters

Rare at This Price

  • Direct waterfront with private beach
  • Downtown prime locations
  • Properties over 1 acre
  • Private pools
  • Deepwater dock access

RECOMMENDED AREAS

Best Neighborhoods for This Budget

MARKET INSIGHTS

Understanding the Premium Market

  • This range accesses prestigious neighborhoods previously out of reach
  • Historic properties in Siasconset are highly sought after and rarely available
  • Water views and proximity significantly impact pricing within this range
  • Properties often include architectural significance or historic character
  • Well-maintained homes typically appreciate steadily over time
  • Inventory turns over more slowly than mid-range properties
  • Off-market opportunities are more common at this level
Nantucket upper mid-range home in Siasconset village

BUYER PROFILE

Who Buys at This Price Point

Established families seeking long-term vacation homes
Buyers moving up from mid-range properties
Those seeking historic or architecturally significant homes
Buyers who value village atmosphere and community
Retirees seeking premium year-round or seasonal residences
Discerning buyers prioritizing quality over quantity

COMMON QUESTIONS

$4 - $6 Million FAQ

01

What makes Siasconset properties special?

Siasconset (Sconset) offers a unique village atmosphere with 18th and 19th-century rose-covered cottages, the famous Bluff Walk with ocean views, local market and restaurants, and a tight-knit community. Properties here combine historic charm with premium locations, making them highly coveted and rarely available.

02

Can I get waterfront in this price range?

Some water views and waterfront access are possible, particularly in areas like Quidnet (pond and ocean) and select Madaket properties. However, prime waterfront estates typically start at higher price points. This range often offers water proximity rather than direct waterfront.

03

How do historic homes compare to new construction?

Historic homes offer character, established settings, and often premium locations but may require more maintenance and have HDC restrictions on changes. New construction provides modern amenities and systems but is typically located in less established neighborhoods. Both have devoted followings among Nantucket buyers.

04

What are the maintenance considerations for older homes?

Historic homes require vigilant maintenance due to Nantucket's salt air and weather. Budget for regular exterior upkeep (painting, roof maintenance), updated systems as needed, and potential restoration work. The HDC regulates exterior changes, so factor in approval timelines for any modifications.

05

Is rental income still significant at this level?

Yes, premium properties can command $15,000-30,000+ per week during peak season, with well-positioned Siasconset and oceanfront properties at the higher end. However, many owners at this level choose to limit rentals or not rent at all to preserve their personal use and the property's condition.

06

How long do properties in this range typically take to sell?

Properties in the $4-6M range typically have longer marketing periods than mid-range homes, often 3-6 months for fairly priced properties. However, exceptional properties in sought-after locations like Siasconset can sell quickly when inventory is low and demand is high.

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