381 Commercial Street Unit 5, Provincetown, MA, 02657
About This Home
Unit 5 at Bull Ring Wharf is the kind of place that makes people cancel their return flights. This professionally and impeccably designed waterfront studio with sleeping loft defies easy category - cozy yet grand, private yet inviting. Soaring vaulted ceilings, hand-hewn beams, lacquered hardwood floors in the living areas, and Ann Sacks tiled floors in the kitchen and bath. A kitchen that would make Epicurus blush - Miele propane range and oven with externally vented hood, Fisher & Paykel single-drawer dishwasher, Scotsman commercial grade ice maker, Perlick undercounter refrigerator and freezer, Waterworks brass fixtures, and quartz countertops. Wood-burning fireplace. A bath with opening skylight. Wake up to harbor views, take your coffee on the deck just outside your door, spend the afternoon on one of two common beach decks with lounges and grills, just off the beach. Condo fee covers heat, hot water, wireless, and propane. Parking and storage included. Weekly rentals allowed, pets welcome for owners. A waterfront home you could only find in the oldest continuous art colony in the country - Provincetown.
Getting Around
Very Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Updated/Remodeled, Approximate
- Year built: 1850
Notable Dates
- Major remodel year: 2019
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood,Tile
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Other
Interior Area
- Total structure area: 436
- Total interior livable area: 436 sqft
Property
Details
- Parcel number: 122171005
- Attached to another structure: Yes
- Zoning: TCC
- Special condition: None
Features
- Stories: 1
- Has view: Yes
- Has water view: Yes
- Water view: Bay/Harbor
- On waterfront: Yes
- Waterbody name: Provincetown Harbor
Lot
- Lot size: 6,969 sqft
Parking
- Total spaces: 1
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
- Coastal Flooding
- Hurricane
- Hail
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,145 | $49,740 |
| Home Insurance * | $135 | $1,620 |
| Property Taxes | $444 | $5,328 |
| Electricity | $354 | $4,259 |
| Total | $5,078 | $60,936 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $819,900 |
| 2026-04-19 | Listed for sale | $839,900 |
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