ED: IT WAS SMART. BEFORE WE GO, TAKE A LOOK AT THIS, OKAY? THAT IS A HOUSE, RIGHT? IF I TOLD YOU IT WAS 360 SQUARE FEET, WHAT DO YOU THINK IT IS WORTH? YOU KNOW THESE THINGS, RIGHT? MIKE: I WOULD GIVE THEM $50,000. BOB: $2.1 MILLION. ED: $2.1 MILLION. THIS IS IN NANTUCKET. IT IS LISTED FOR $2.1 MILLION. THE PRICE TAG MAY SEEM — SEEM? BUT THE LISTING AGENT PEPPER FRAZIER SUGGESTS THIS IS A BARGAIN, BECAUSE COMPARED TO SOME VACANT LOTS THAT HE’S SOLD IN THE AREA FOR AS MUCH AS $17,000, THIS $2.2 MILLION IS PERFECT. THE COTTAGE IS FULLY REMODELED, ONE BED, ONE BATH. IT HAS ROOM FOR EXPANSION AND IT EVEN HAS A NICKNAME. BECALM’D. FOR $2.1 MILLION? THERE IS A LOT OF INTEREST IN IT. 360 SQUARE FEET ON CABOT LANE. JESSICA: THEY MADE THE SPACE WORK FOR IT, THOUGH. ED: IS THIS DES
360-square-foot Nantucket cottage on the market for $2.095 million
Updated: 7:21 PM EST Nov 11, 2022
At more than $5,800 per square foot, a tiny Nantucket cottage may seem like extremely pricey real estate — and it is — but the listing agent is urging potential buyers to think big. The 360-square-foot cottage at 2 Cabot Lane is located in the island’s cliff neighborhood. It features one bedroom, one bathroom and a ladder to a loft space that could be used as another sleeping area. The asking price is $2,095,000.While that may seem steep, listing agent Pepper Frazier suggests it may be a bargain, compared to some vacant lots he recently sold in the area for as much as $17 million. Frazier said the cottage, which was built in 1971, has been fully remodeled and the 1,427-square-foot property has some room for expansion.It even has a name: “Becalm’d.”Frazer said he’s already had a lot of interest in the property since the listing went live a little over a week ago.
At more than $5,800 per square foot, a tiny Nantucket cottage may seem like extremely pricey real estate — and it is — but the listing agent is urging potential buyers to think big.
The 360-square-foot cottage at 2 Cabot Lane is located in the island’s cliff neighborhood. It features one bedroom, one bathroom and a ladder to a loft space that could be used as another sleeping area.
The asking price is $2,095,000.
While that may seem steep, listing agent Pepper Frazier suggests it may be a bargain, compared to some vacant lots he recently sold in the area for as much as $17 million.
Frazier said the cottage, which was built in 1971, has been fully remodeled and the 1,427-square-foot property has some room for expansion.
It even has a name: “Becalm’d.”
Frazer said he’s already had a lot of interest in the property since the listing went live a little over a week ago.
Read More:360-square-foot Nantucket cottage on the market for $2.095 million
2022-11-12 00:21:00
