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8 Sconset Ave, Nantucket, MA, 02554

4beds
5baths
2,352sqft
$4,850,000
$2,062price/sqft
$29,773/moest. monthly cost
$1,190,920/yrincome needed

About This Home

Located in desirable 'Sconset village, this newly constructed Cape-style cottage has been thoughtfully expanded and fully renovated. Designed with an efficient use of space and the island lifestyle in mind, the four bedroom home with oversized garage and studio suite is ideal for coastal living and checks all the boxes. The flexible layout offers various options for entertaining and a potential fifth bedroom for guests. Enjoy outdoor living with a large private yard, inviting front porch, wrap around deck and wifi controlled heated pool all surrounded by native landscaping and custom hardscape. Recently completed, turnkey furnished and ready to go. Additional ground cover still exists for further expansion if desired.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

--
6/10
5/10
Nantucket High SchoolGrades 9-126.9 mi

Construction

Condition

  • Year built: 1986

Notable Dates

  • Major remodel year: 2025

Type & Style

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

Interior

Appliances

  • Appliances included: Stove: Bertazzoni,Washer: LG

Basement

  • Has basement: Yes
  • Basement: Partially finished space featuring a functional mudroom area, a second laundry setup, and ample storage. Convenient exterior access is provided through a custom flush-mounted deck hatch and with interior access via stairs leading to the first floor.

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • AC,Ins,OSh,Floor 1: Welcoming front porch leads into a spacious entry area. The open-concept great room seamlessly connects the kitchen,dining area,and living room,creating an ideal space for entertaining. The sunlit kitchen and dining area extend to outdoor decks,perfect for indoor-outdoor living. A convenient half bath and laundry area are thoughtfully placed nearby. The first-floor primary suite offers a private retreat with a walk-in closet and en-suite full bath. The flexible layout allows for an optional family room set-up if desired.,Floor 2: Two generously sized bedrooms share a well-appointed full bath,ideal for family or guests. A second primary suite offers added comfort and privacy,complete with a walk-in closet and an en-suite full bath.
  • Flooring: 2

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 2,352
  • Total interior livable area: 2,352 sqft

Property

Details

  • Parcel number: 28
  • Zoning: SR1

Features

  • Exterior features: Deck,P/Pool,Porch,Garden
  • Has view: Yes
  • View description: None,Res
  • Frontage type: None

Lot

  • Lot size: 7,997 sqft

Parking

  • Parking features: Garage
  • Has garage: Yes

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 $24,524$294,288
Home Insurance *$3,471$41,652
Property Taxes $1,315$15,780
Electricity $463$5,565
Total$29,773$357,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,020,788/yr
40% on housing$893,190/yr
45% on housing$793,946/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

$2,062This listing

vs Other Active Listings

Avg $/sqft

ZIP 02554$1,599
Nantucket County$1,599

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
2026-04-17Price change$4,850,000
2025-04-11Listed for sale$4,650,000
2024-06-21Listing removed$4,450,000
2023-11-23Price change$4,450,000
2023-09-21Listed for sale$3,950,000
2023-01-31Sold$1,775,000
2022-12-24Pending sale$1,775,000
2015-10-01Sold$800,000
2015-07-06Listed for sale$899,000

For Sale by Agent

AgentPaul Drepanos
BrokerageCompass MA LLC

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