OVERVIEW
The $6-10 million range represents true luxury on Nantucket, providing access to the island's most prestigious addresses including Brant Point, premium waterfront properties, and exceptional estates throughout the island. These homes offer the finest craftsmanship, prime locations, and amenities that define world-class real estate.
Properties at this level typically feature significant water frontage or views, generous lot sizes, guest accommodations, and the kind of architectural distinction that has made Nantucket a destination for discerning buyers worldwide. Locations include harbor-front estates, oceanfront properties, and the most desirable village addresses.
Buyers in this segment are acquiring not just homes but legacy properties that have defined Nantucket for generations. These residences offer the complete island experience: spectacular settings, impeccable design, and the privacy and exclusivity that characterize the finest Nantucket real estate.
TYPICAL PROPERTIES
3,500 - 6,000 sq ft
5-7 bedrooms
0.75 - 3 acres
Mix of historic estates and contemporary luxury construction
Harbor-front estates
Oceanfront properties
Architecturally significant homes
REALISTIC EXPECTATIONS
RECOMMENDED AREAS
MARKET INSIGHTS
BUYER PROFILE
COMMON QUESTIONS
Brant Point offers a unique combination of harbor-front location, walking distance to downtown, proximity to the iconic Brant Point Lighthouse, and access to the White Elephant Resort amenities. It's one of the few areas where you can have waterfront living while still being able to walk to restaurants and shops.
Private dock access becomes available at the upper end of this range, particularly in Brant Point and harbor-adjacent properties. Full deepwater dock access for larger vessels typically requires properties at the very top of this range or above. Many properties offer mooring rights or nearby marina access.
Many luxury transactions on Nantucket occur privately through established agent networks. Working with an agent who has deep relationships in the luxury market is essential. We maintain connections with property owners who may consider selling under the right circumstances but haven't listed publicly.
Properties at this price point often involve complex ownership structures, trusts, and multi-generational planning. Many buyers work with estate attorneys to structure purchases for tax efficiency and succession planning. These considerations often influence both buying and selling timing.
International buyers are welcome in Nantucket's luxury market. The process involves additional considerations including currency exchange, FIRPTA tax requirements, financing (many international purchases are all-cash), and potentially establishing U.S. legal entities. We work with specialists who facilitate international transactions.
Annual carrying costs for properties in this range typically run $100,000-200,000+, including property taxes ($50,000-100,000), insurance ($15,000-40,000), maintenance and landscaping ($20,000-50,000), utilities, and property management if needed. Many owners offset costs through selective high-end rentals.