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5 Miacomet Ave, Nantucket, MA, 02554

2beds
3baths
4,635sqft
$2,500,000
$539price/sqft
$16,343/moest. monthly cost
$653,720/yrincome needed

About This Home

Five Miacomet offers a rare opportunity to own a multi-use building previously used as an antique store and auction house. Built in 1983, the structure features large warehouse space and a second floor two-bedroom apartment. Located in R5 Zoning which allows for a main house, cottage and accessory dwelling unit, this oversized lot of 20,000 square feet allows for potential sub-division with multiple income producing configurations. Conveniently situated on the way to Surfside Beach, bike paths and mid-island amenities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
6/10
5/10
Nantucket High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Block

Type & Style

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

Interior

Appliances

  • Appliances included: Stove: Frigidaire,Washer: Whirlpool

Basement

  • Has basement: Yes
  • Basement: Bulkhead access to small utility space.

Bedrooms & Bathrooms

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

Features

  • Floor 1: Large open assembly hall with storage bays,a half bath and an office area; full bath.,Floor 2: Open living room,kitchen. Two bedrooms and a full bath with stall shower.
  • Flooring: Plywood
  • Fireplace features: No

Heating

  • Heating features: GFHA

Interior Area

  • Total structure area: 4,635
  • Total interior livable area: 4,635 sqft

Property

Details

  • Parcel number: 2104
  • Zoning: R5

Features

  • Has view: Yes
  • View description: None,Res
  • Frontage type: None

Lot

  • Lot size: 0.46 Acres
  • Features: None Known,Yes

Parking

  • Parking features: Ample

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
    HurricaneRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
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 $12,641$151,692
Home Insurance *$1,789$21,468
Property Taxes $1,000$12,000
Electricity $913$10,967
Total$16,343$196,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$560,331/yr
40% on housing$490,290/yr
45% on housing$435,813/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

$539This listing

vs Other Active Listings

Avg $/sqft

ZIP 02554$1,644
Nantucket County$1,644

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)

Price History

DateEventPrice
2026-04-09Price change$2,500,000
2026-04-03Listed for sale$2,750,000
2022-06-01Sold$1,800,000
1999-04-23Sold$132,257
1993-08-31Sold$210,000
1992-04-07Sold$260,000
1990-03-08Sold$360,000
1988-08-23Sold$450,000

For Sale by Agent

AgentPeter DuPont
BrokerageAtlantic East Nantucket Real Estate

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