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318 Milestone Rd, Nantucket, MA, 02554

3beds
4baths
3,542sqft
$4,950,000
$1,398price/sqft
$30,611/moest. monthly cost
$1,224,440/yrincome needed

About This Home

Sconset Retreat! Sited on a serene half-acre lot abutting the Sconset Land Trust, this bright and spacious, custom-designed contemporary home offers privacy, tranquility, and captivating sunset views—protected in perpetuity. Thoughtfully designed by S.M. Roethke and expertly built by Main Street Construction, the home seamlessly blends architectural elegance with modern functionality. Ideally located just half a mile from the heart of Sconset Village, the property offers easy access to the beach, fine dining, ice cream, and all the classic charm of this beloved Nantucket enclave. The surrounding conservation land enhances the sense of rural calm, while keeping you close to everything. Inside, the beautifully appointed open-concept layout is perfect for contemporary living and entertaining. A sun-filled great room includes a gourmet kitchen, dining area, and living room—anchored by a large marble island, wood-burning fireplace, custom built-ins, and a handsome bar. French doors extend the living space outdoors to a covered back deck, bluestone patio, and a charming hip-roof gazebo—ideal for alfresco dining and enjoying Nantucket’s iconic sunsets. Soaring ceilings, oversized windows, and an abundance of natural light create an airy and inviting ambiance throughout the main level. The home’s generous proportions and intelligent flow enhance both comfort and livability. The lower level, while unfinished, features high ceilings, multiple egress windows, rough plumbing, and a full exterior staircase—making future expansion both simple and versatile. This property is located in the town sewer district. Approximately 600 square feet of ground cover remains available.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

--
6/10
5/10
Nantucket High SchoolGrades 9-126.5 mi

Construction

Condition

  • Year built: 2013

Materials

  • Foundation: poured concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Stove: Wolf 6 Burner,Washer: Maytag Maxima

Basement

  • Has basement: Yes
  • Basement: Full, unfinished basement, high ceilings, with several egress windows, exterior stairs to side yard, rough plumbed for an additional bathroom. Aprilaire dehumidification system.

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • A,AC,Ins,Irr,Floor 1: Stylish Comfort & Thoughtful Design on the Main Level. A gracious entry foyer welcomes you into nearly 2,000 square feet of light-filled,elegantly designed living space. Crisp white walls,wide-plank white oak flooring,and abundant natural light create a serene and inviting atmosphere throughout the first floor. The front living room features a wood-burning fireplace and a stunning accent wall of natural wood with custom built-ins,adding warmth and sophistication. A sleek wet bar—complete with smoked mirrored glass,stone countertops,open shelving,built-in ice maker,and refrigerated drawers—makes entertaining fun,effortless and stylish. Toward the rear of the home,the expansive open-concept kitchen,dining,and informal living area provides a true wow factor. With oversized picture windows flooding the space with light,this area is ideal for both relaxing and entertaining. The gourmet kitchen offers access to the exterior from both ends,connecting seamlessly to porches,the garden,and the bluestone patio for effortless indoor-outdoor living. A spacious powder room features a modern wall-mounted vanity and separate water closet,while the laundry room is outfitted with stone countertops and ample storage. An interior staircase just off the kitchen leads to the lower level.,Floor 2: A wide,gracious contemporary staircase leads to the sun-drenched second-floor bedroom level,where soaring cathedral ceilings and abundant natural light create an open,airy ambiance. Dormer windows enhance the architectural charm while flooding the space with daylight. At the landing,a thoughtfully integrated built-in desk area offers a quiet nook for work or reflection. Two well-appointed guest bedrooms each feature ensuite bathrooms. The king bedroom boasts an oversized,glass-enclosed tiled shower,while the twin bedroom offers a deep soaking tub/shower combination—perfect for comfort and versatility. The grand primary suite is a true retreat,showcasing dramatic cathedral ceilings,wide-plank white oak flooring,and a luxurious spa-inspired bathroom. The ensuite includes radiant heated floors,an oversized walk-in shower,a deep soaking tub,dual vanities,a dedicated makeup counter,and a spacious water closet with an additional wall-mounted vanity and sink. Additional highlights of the primary suite include a cozy sitting area,a desk space,custom built-in bookshelves,two private outdoor decks,generous closet space,and dedicated owner’s storage.
  • Flooring: wide oak,white finish
  • Fireplace features: 1

Heating

  • Heating features: GFHA

Interior Area

  • Total structure area: 3,542
  • Total interior livable area: 3,542 sqft

Property

Details

  • Parcel number: 552
  • Zoning: SR20

Features

  • Exterior features: Deck,Porch,Patio,Garden
  • Has view: Yes
  • View description: None,Pasture
  • Frontage type: None

Lot

  • Lot size: 0.46 Acres
  • Features: Yes,Large And Private

Parking

  • Parking features: 4 car

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,029$300,348
Home Insurance *$3,542$42,504
Property Taxes $1,342$16,104
Electricity $698$8,381
Total$30,611$367,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,049,520/yr
40% on housing$918,330/yr
45% on housing$816,293/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 29.1%
29.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,398This listing

vs Other Active Listings

Avg $/sqft

ZIP 02554$1,619
Nantucket County$1,619

vs Homes Sold Last Month

Median $/sqft

ZIP 02554—
Nantucket County$729

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Pending sale$4,950,000
2026-02-20Listed for sale$4,950,000
2026-01-01Listing removed$4,950,000
2025-11-06Price change$4,950,000
2025-05-29Listed for sale$5,000,000
2013-02-20Sold$487,500
2004-09-30Sold$575,000

For Sale by Agent

AgentRobert Sarkisian
BrokerageBHHS Island Properties Nantucket

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