2011 August | Landvest Blog

Aug

Location, Location, Location: Little Compton, RI Real Estate News
By LandVest

Location, Location, Location: Little Compton, RI Real Estate News: Homes for Sale on Warren Point

Little Compton, Rhode Island is located in southeastern Rhode Island, between the Sakonnet River and the Massachusetts state border with extensive water frontage on Rhode Island Sound on the Atlantic Ocean. It’s approximately 25 miles from Newport by car or approximately 12.5 nautical miles by boat. Cuttyhunk Island and the rest of the Elizabeth Islands are 10 nautical miles to the east. Martha’s Vineyard is approximately 16 nautical miles to the southeast. The area is well known for its history, agricultural traditions, beautiful beaches and charming historic town center.

The area now known as Little Compton was originally inhabited by the Sakonnet tribe and later divided by the Plymouth Colony through a series of lotteries beginning in 1674 and ending in 1680. A few structures dating back to the 17th century still survive: the Wilbor House (visit the Little Compton Historical society ), the Peabody House and many more from the 18th and 19th century. The town common is surrounded by buildings pre-dating 1900 which gives Little Compton its quaint New England feel.

LandVest has been fortunate to have been part of several major transactions in the Little Compton Real Estate market and can assist both buyers and sellers in the purchase or sale of properties. Recently LandVest assisted with the negotiations of the area’s highest sale of land in Little Compton’s history. Click to view recent Warren’s Point record real estate sale. LandVest currently has two listings that have recently come to market in the Warren’s Point’s neighborhood. The larger of these two properties has important conservation values that could be preserved for potential tax benefits while still allowing for limited development as a family compound. The Warren’s Point Beach Club is located within walking distance of these properties. Access to the beach club is available in different membership types with varying waitlist lengths purported to be from one to five years. One of the listings has direct ocean frontage while the other has direct coastal pond frontage and both have ocean views.

Warren's Point on Long Pond

65 Warren’s Point Road, Little Compton, RI 02837

$10,000,000

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Warren's Point Waterfront Land

20 Grinnell Road, Little Compton, RI 02837

$2,850,000

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For more information on real estate for sale in Little Compton, RI or if you are interested in more information on the real estate for sale on Warren’s Point in Rhode Island, contact Terry Boyle, tboyle@landvest.com or Slater Anderson sanderson@landvest.com

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Aug

Location Location Location, South End Real Estate News
By LandVest

Location, Location, Location:

A South End Boston Home Offers Privacy, Convenience and Luxurious Gastronomical Living

The South End of Boston has been touted as Boston’s most vibrant community, a tree-lined neighborhood with an abundance of art galleries, boutique shopping, 11 residential parks, an open market, al fresco coffee shops, and four-star dining. It’s no wonder the real estate market has been somewhat stable here and that folks stroll about with smiles on their faces.

The South End is defined as being south of Boston’s Back Bay, southwest of Bay Village, and northwest of South Boston. The two main streets are Tremont and Washington Streets from West Newton Street to Berkeley Street.

Stately row of Victorians on Appleton Street in Boston's South End

LandVest’s 46 Appleton St listing is a contemporized c1868 row house that lies in the heart of the South End on one of its most desirable streets. The Appleton Street location (between Clarendon and Berkley) puts you within three blocks of some of Boston’s finest new and established restaurants. From Hamersley’s Bistro, Aquitane, Stephi’s on Tremont to Pops, there is something for every palate. Gastronomical events embellish every season with the latest happening just this past Wednesday night when Jay Haaj of Mike’s Diner hosted a one-night “Pop Up” dinner that highlighted the culinary talents of Ken Oringer and Jamie Bissonnette. When not dining out, this home offers a state-of the art kitchen and several dining and entertaining areas, both inside and out where a lifetime of memories are waiting to be created.

With all of the South End’s incredible eateries, the owners of 46 Appleton enjoy picking up take-out and dining in this private patio off the kitchen.

Gather with friends for a dusky cocktail hour while the city begins to light up the evening sky.

Invite one of Boston’s private chefs to ignite your gourmet senses in this state-of-the-art kitchen.

One of the many working fireplaces that help create 46 Appleton Street’s large but cozy atmosphere.

Naturally this listing offers more than adventures in gastronomy. Beginning with its architectural heritage, the South End lies on a former neck of land that was enlarged in the 1850’s as part of renowned architect Charles Bulfinch’s Boston enlargement plan. Bulfinch erected brick bow-front (bay window) townhouses with cast iron railings and iron framed gardens, surrounded by parks and greenways as an escape from the overcrowded Beacon Hill.

This top to bottom new construction lies in the heart of the South End.

While the exterior maintains its row house heritage, the interior has been newly constructed for luxurious, state-of-the-art living. With 3,500 square feet, 5 bedrooms and 3.5 baths, it defies the average tightly-quartered city living standards and even includes a discretely designed elevator which allows easy access to all floors.

With public transportation just steps away, this location is ideal for anyone commuting within the city or its environs and, with Logan Airport not far away, it is equally favorable for the frequent flyers. For more information on 46 Appleton or other South End Real Estate needs, contact Mary-Elisabeth Jones at mejones@landvest.com or call (617) 948-8057.

This blog entry was brought to you by Mary-Elisabeth Jones who assists buyers and sellers of distinctive properties throughout Greater Boston and Cape Cod. Most recently Mary-Elisabeth has been working with buyers and sellers in Boston’s Back Bay, Beacon Hill, South End, Greater Boston’s Cambridge, Carlisle, Concord, and Cape Cod’s Osterville and Wianno.

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Aug

Sandy Hollow Waterfront Compound in Manchester-by-the-Sea, MA gives one million dollar price reduction.
By LandVest

As An Adjustment To Current Market Conditions,

Sandy Hollow Waterfront Compound in Manchester, MA

Has Reduced Its Price By $1,000,000

Among its many amenities, this extraordinary offering boasts the following:

estate is sited on over 6 oceanfront acres on the exclusive peninsula knows as Smith’s Point
potential division of beachfront carriage house on 2± acres
11-bedroom, elegant main residence
beachfront stone carriage house
recently renovated one-bedroom waterfront bungalow
bungalow is sited on the water’s edge and has access to a sandy beach ideal for boating, swimming, and other watersports activities
ocean-facing swimming pool, and stunning shoreline showcase views of the nearby islands down the coast to Beverly and Marblehead Neck

For more information click on photos or contact: Lanse L. Robb – lrobb@landvest.com or call 617-357-8996

Sandy Hollow Waterfront Compound

6.48 acres

7 Smith’s Point Road, Manchester, MA 01944

$11,250,000

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Click here for Lanse Robb contact info. Click here to view more North Shore Real Estate for Sale

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Aug

Lighthouses of New England: Lighting Up Distinctive Waterfront Real Estate, Minot’s Ledge Light
By LandVest

Lighthouses of New England: Lighting up Distinctive Waterfront Real Estate, Minot’s Ledge Light, Cohasset, Massachusetts

Minot’s Ledge Light is famous for its highly exposed location on Minot’s Ledge, a 25-foot-wide rock ledge located approximately one mile offshore from the town of Cohasset. The ledge is part of the Cohasset Rocks, a reef extending for some two miles in a southwesterly direction off Cohasset and Scituate, Massachusetts. Completed in 1850, the original design of Minot’s Ledge was an iron pile structure with spider-like legs drilled into the rock below the water. A violent storm surged up the New England coast in April 1851, destroyed the lighthouse and killed the two keepers. In 1860 a sturdier 114-foot high cylindrical tower was constructed of interlocking granite blocks. It continues to operate as an active aid to navigation. The first 40 feet of the tower are solid granite surmounted by a storage level, living quarters, work space, and a second-order lantern. In May of 1894, a new flashing lantern was installed, with the characteristic of a one-four-three flash, which has been noted to reflect the same numerical count as the words “I love you”. This coincidence has lead some to refer to Minot’s Ledge as the “Lover’s Light.” Considered one of the greatest achievements in American lighthouse engineering, Minot’s Ledge Light was recognized as an American Society for Civil Engineering Landmark in 1997.

Minot's Ledge in Cohasset, MA is an historic landmark of significant engineering achievement.

Red Oaks and Beachside, two prominent homes in Cohasset that are now offered for sale by LandVest, feature dramatic views of the Minot’s Ledge lighthouse. From both homes, the lighthouse can been viewed in all seasons and enjoyed as a reminder of life near the sea.

Red Oaks is a spectacular colonial revival manor house on 7.9 acres of private waterfront property.

Beachside is a Nantucket shingle-style home with a private mineral spring's pool, overlooking the tranquility of Little Harbor.

Cohasset is located on Boston’s South Shore where Boston Harbor meets Massachusetts Bay. It covers nine square miles area in a setting of colonial homes and ocean vistas of spectacular beauty. The town is about 25 miles from Boston and is predominantly residential, many of its residents making the daily commute to Boston by commuter rail, car, or commuter boat from adjoining Hingham. Cohasset’s central village lies around a spacious common with a small pond, and includes specialty shops, the colonial First Parish Meeting House, and St. Stephen’s Church – a historic structure with a 56 bell carillon that has offered Sunday concerts since 1924.

This blog post was brought to you by Terry Boyle who assists buyers and sellers of distinctive and complex real estate transactions on the South Shore and South Coast/Buzzards Bay real estate markets of Massachusetts. Contact Terry Boyle (tboyle@landvest.com) in our Boston, Massachusetts office if you’d like to talk about this property or his other real estate listings in Massachusetts.

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Aug

Lighthouses of New England: Lighting Up Distinctive Waterfront Real Estate, Bird Island Lighthouse
By LandVest

Lighthouses of New England: Lighting up Distinctive Waterfront Real Estate: Bird Island Lighthouse, and Butler Point, Marion, Massachusetts

The historic Bird Island Lighthouse is the sole structure on Bird Island and sits as a sentinel at the entrance of Sippican Harbor and the coastal town of Marion Massachusetts. Bird Island itself is one of the smallest islands in Buzzards Bay, but has been a crucial feature for nautical navigation for centuries. The lighthouse tower is approximately 30 feet tall and has withstood hurricanes (including the famous 1938 storm), periods of neglect, and many ownership changes. Today, it is owned by the Town of Marion and the light now shines as a navigational aid, having been relit in 1997. The light is now solar powered and flashes for 0.6 seconds every six seconds. The island (with the exception of the tower) is open to visitors from September to May. It is closed from May through August during the nesting season of the endangered Roseate Tern. The island was added to the National Register of Historic Places in 1987.

Butler’s Point Waterfront, a new LandVest listing in Marion, features unobstructed panoramic views of Buzzards Bay and the Elizabeth Islands as well as dramatic views of the Bird Island lighthouse.

Spectacular view of Bird Island Lighthouse from Butler's Point Waterfront

The village of Marion is a quaint seaside community situated on Buzzards Bay and Sippican Harbor. It has both a summer and permanent resident population due to its proximity to the Boston area. It is famous as a yachting center and is home port for the world-renowned Marion to Bermuda sailing race and the Beverly Yacht Club. In addition, there are public and private golf and tennis clubs, including the highly regarded Kittansett Golf Club. Marion is home to Tabor Academy, a prestigious co-educational private school. Boston is approximately one hour away and Providence and Newport, Rhode Island are only forty-five minutes. There is easy access to Cape Cod, Martha’s Vineyard, and Nantucket.

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Aug

Lighthouses of New England: Lighting Up Distinctive Waterfront Real Estate, Nobska
By LandVest

Lighthouses of New England: Lighting up Distinctive Waterfront Real Estate, Nobska Light, Woods Hole, Falmouth, Cape Cod, Massachusetts

Nobska Lighthouse is located on the southeastern tip of Cape Cod in Woods Hole, a village in Falmouth, Massachusetts

Nobska Lighthouse is located on Cape Cod in Woods Hole, a village in Falmouth, Massachusetts. Since 1828 Nobska has provided a navigational beacon for boaters in the Vineyard and Nantucket Sounds and a warning about the dangers of Hedge Fence and L’Hommedieu shoals. Located 87 feet above sea level, the beacon’s flash every six seconds is visible 17 miles out to sea. The present tower is 42 feet high and was built in 1876 with a cast-iron shell lined with brick. Nobska was automated in 1985 and the two keepers’ houses were joined to create a residence for the commander of the U.S. Coast Guard Group Woods Hole and his family. The Nobska sight is an iconic milepost for the Falmouth Road Race and is the frequent site of weddings and other celebrations. Woods Hole has been described as being to scientists what Paris is to artists and is home to several world-class marine research organizations including the Woods Hole Oceanographic Institution and the Marine Biological Laboratory. It is also a very popular location for summer homes.

FAIRVIEW is spectacular waterfront compound just a few minute's walk from the Nobska lighthouse.

One of the most distinctive is Fairview, a seven-acre waterfront property on Little Harbor just around the point from Nobska.

View additional Cape Cod Real Estate for Sale

This post was brought to you by Stewart Young (syoung@landvest.com). Whether it’s an elegant Greek Revival in Lincoln, a 130 acre farm in Medfield, or a waterfront compound on Cape Cod, Stewart advises buyers and sellers of some of the most distinctive real estate in Massachusetts with a focus on the Metro West area of Boston and Cape Cod.

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Aug

Cape Cod Waterfront Real Estate for Sale
By LandVest

Cape Cod Waterfront Properties for Sale in Orleans, Yarmouthport, Marstons Mills and Falmouth

For more information click on photos or contact: Stewart Young – syoung@landvest.com or call 617-357-8930

Seven acres of privacy and magnificent views.

Viking Point

7 acres of panoramic views from Namequoit River to Little Pleasant Bay

74 Viking Road, Orleans, MA 02653

$7,500,000

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Cape Cod waterfront property with gentleman's farm on over 15 acres.

Mill Farm Waterfront Compound

15 acres

88 Mill Lane, Yarmouthport, MA 02675

$6,500,000

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Highpoint is an remarkable waterfront property in an exceptional location.

Highpoint Waterfront Compound

3.84 private acres with dramatic views of North Bay

345 Baxters Neck Road, Marstons Mills, MA 02648

$4,400,000

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Stylish contemporary on retreat-like 1 acre with deeded beach rights

Buzzard’s Bay Beach House

1.04 acres of retreat-like setting with deeded beach rights

23 Gray Lane, Falmouth, MA 02540

$1,400,000

This post was brought to you by Stewart Young (syoung@landvest.com). Whether it’s an elegant Greek Revival in Lincoln, a 130 acre farm in Medfield, or a waterfront summer estate on Stage Harbor in Chatham, Stewart advises buyers and sellers of some of the most distinctive properties in Massachusetts with a focus on the Metro West area of Boston and Cape Cod.

Click here for Stewart Young contact info

Click here to view more Cape Cod Real Estate for Sale

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Aug

Cape Cod Real Estate News: High-End Market Watch, First Half, 2010-2011
By LandVest

Cape Cod is internationally famous as a summer resort area and is increasingly popular for retirement living. It features miles of beaches, natural attractions, historic sites, art galleries, and four star restaurants and hotels. Outdoor activities include world class yachting, coastal and deep-sea fishing, numerous public and private golf courses, and a wide variety of other informal summer sports. The Cape is just 75 miles from Logan Airport in Boston, Massachusetts and T.F. Green Airport in Providence, Rhode Island. Executive jet services are available at the Hyannis airport and there are several other smaller airports.

Cape Cod is divided into four regions: Upper Cape, Mid Cape, Lower Cape, and Outer Cape, each including several towns and villages. Upper Cape towns include Bourne (which includes the Wings Neck area of Pocasset), Sandwich, Falmouth, and Mashpee. Mid Cape towns include Barnstable (which includes the village of Centerville) , Dennis, and Yarmouth. Lower Cape towns include Harwich, Brewster, Chatham, and Orleans. Outer Cape towns include Eastham, Wellfleet, Truro, and Provincetown.

Active Listings and Sales, $2,000,000+, First Half, 2000-2011

On Cape Cod, Massachusetts, the inventory of high-end listings in the first half of 2011 grew to a record level for this time of year (a 15% increase to 271 listings vs. 248 at the same point in 2010). At the very high-end, there are 39 listings over $5 million and 9 over $10 million.

First half high-end sales declined from 24 in the first half of 2010 to 20 this year. The peak for first half sales was 44 sales in 2006. Last year the second quarter 2010 performance surged giving some hope of a recovery in the high-end market. This year the second quarter has lagged by 26% compared to the second quarter of 2010. Overall, the Cape Cod market continues to underperform, but anecdotal information from leading Cape Cod brokers and LandVest’s own recent experience suggests that there is a modest, but noticeable increase in buyer inquiries and showings. Across New England LandVest brokers reported an upsurge in activity in March and April across our markets and sporadic signature sales throughout the spring and early summer.
Highest and Median Sale, $2,000,000+, First Half, 2000-2011

In the first half of 2011 the top sale on Cape Cod was $6.2 million for a beachfront property on North Bay Road in the Oyster Harbors community of Osterville that was on the market for 615 days. The next highest sale was $5,500,000 for a beachfront property on Sea View Avenue in the village of Wianno, also in Osterville, with 652 days on market. The median value for high-end sales in the first half of 2011 was $2.7 million, about on par with median sale prices over the past decade. In the first half of 2010, the median sale was $3.6 million due to an unusual number of higher valued sales. The high-end market on Cape Cod is predominately in the $2-$3 million range. In the first half of 2011, there were 20 sales above $2.0 million. Of these sales 13 of 20 were below $3 million and 17 of 20 were below $4 million.

Days on Market, Sales, $2,000,000+, First Half, 2000-2011

Days on market for high-end properties sold during the first half of 2011 were reduced modestly to 533 days compared to the record of 589 days for the first half of 2010. For 2000-2009, the average days on market for sales in the first half of the year ranged from 90 to 226 days, generally increasing over time with a significant jump in 2010.

Sales by Town, $2,000,000+, First Half, 2000-2011

Starting around 2002 the high-end market on Cape Cod broadened as the perennial top markets were perceived as being too expensive and as buyers bid up the prices of special properties in other towns. By 2006, 13 of the 15 towns on Cape Cod were recording sales above $2 million. In the first half of 2010, however, there was a substantial contraction in the market with only 5 towns recording high-end sales. In the first half of 2011, the market had broadened again with an additional 4 towns recording single high-end sales. Cape Cod towns with high-end sales in the first half of 2011 include Barnstable (Osterville) (6), Chatham (3), Orleans (3), Falmouth (2), Harwich Port (2), Dennis (1), Mashpee (1), Provincetown (1), and Truro (1).

Viking Point in Orleans, MA is currently for sale

Mill Farm Waterfront Compound in Yarmouthport, MA is currently for sale

Highpoint Waterfront Compound in Marstons Mills, MA is currently for sale

Masthead in Provincetown, MA is currently for sale

View Cape Cod Area Select Sales

To view available real estate on Cape Cod visit www.landvest.com or click Cape Cod Real Estate for Sale

For information about buying or selling real estate on Cape Cod, please contact Stewart Young at syoung@landvest.com or 617-357-8930

For additional information about LandVest’s real estate consulting, appraisal, and brokerage services, please contact: Ruth Kennedy Sudduth.

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Aug

Price Reductions for Vermont Gentleman Farms
By LandVest

Recent Vermont Real Estate Price Reductions: Gentleman Farms for Sale in West Windsor and Springfield, VT

For more information, click on the photos, call the LandVest office in Woodstock, VT (802) 457-4977 or contact the LandVest real estate brokers listed below.

Craggle Ridge Farm

92.70 acres

255 Delano Road, West Windsor, VT 05089

$1,345,000

For more information contact Story Jenks or Ruth Kennedy Sudduth.

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North Mowing

230.30 acres

30 Fairground Rd., Springfield, VT 05156

$2,295,000

For more information contact Jon Weber or Ruth Kennedy Sudduth.

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Aug

New Maine Waterfront Properties for Sale
By LandVest

New Maine Waterfront Properties for Sale in Brooksville, Rockport, Bremen Long Island, Cushing and Washington

For more information, click on photos or contact: Terry Sortwell tsortwell@landvest.com or Shannon Thompson sthomson@landvest.com or call 207-236-3543.

Harbor House

6.13 acres with walking paths to 860 feet of easily accessible shorefront

380 Port Clyde Road, St. George, ME 04860

$975,000

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Cove House

~1 acre property includes 260 feet of waterfront and private sand beach.

19 Sea Street, Rockport, ME 04856

$5,450,000

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Winfield Point

6 acres of classic island property

11 Bremen Long Island, Bremen, ME 04551

$675,000

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30 Davis Point

Property is on 45 acres with tidal frontage on Davis Cove

30 Davis Point Road, Cushing, ME 04563

$975,000

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Patrick Mountain

453 forested acres on the shoulder of Patrick Mountain

777 Old County Rd., Washington, ME 04574

$975,000

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For more information on Maine Luxury Real Estate in the Camden Maine, Midcoast area contact (click link for contact info) Terry Sortwell, or Shannon Thompson

Click here to view Terry’s current listings.

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