Nantucket estate sells for $38.1m to become most expensive home in Massachusetts history

Luxury Nantucket Estate: MA's Priciest Home At $38.1M

Written by Claudia Aoraha, a journalist for Dailymail.Com.

Posted: 04:26 AM BST, July 13th, 2023 | Updated: 01:01 PM BST, July 13th, 2023

An exquisite Nantucket mansion has secured the title of being the priciest residence ever sold in the state of Massachusetts, commanding a staggering sum of over $38 million.

Beam Ends, the opulent 15,332 square foot estate situated on a vast 3.56 acres of land, can be found in the Monomoy region and offers breathtaking panoramic vistas of Nantucket Harbor.

The magnificent waterfront residence, boasting eight bedrooms and eleven bathrooms, has been purchased at an astounding price of $38,127,500. This unprecedented transaction has secured its position as the priciest residential property ever sold in the state of Massachusetts.

Inside the impressive 29-room residence, you'll find a game room dedicated to billiards, a relaxing sauna, and multiple stylish bars where the owners can truly indulge in life's luxuries.

In addition to the primary residence, there are also two distinct guest accommodations situated on the property.

The absolutely stunning Nantucket mansion has officially clinched the title for being the priciest residence ever sold in Massachusetts, commanding a jaw-dropping price of over $38 million.

Beam Ends is a magnificent mansion spanning 15,332 square feet, situated on extensive 3.56 acre grounds. Positioned in the Monomoy region, this opulent residence offers breathtaking panoramic vistas of Nantucket Harbor.

The magnificent house, featuring eight bedrooms and eleven bathrooms, was purchased for an impressive sum of $38,127,500.

Take a glimpse into the spacious kitchen and living area of this home.

Prior to its latest transaction, the individuals who possessed the ownership of the venture were Evan Jones, a venture capitalist, and his spouse, Cindy Jones, who has a profession in wildlife photography.

The couple utilized the stunning estate in Nantucket as their holiday residence.

They purchased it for a whopping $16 million back in 2006, and originally put the luxurious property up for sale with an asking price of $56 million.

The advertisement says: 'Unmatched... This famous and historic waterfront estate, "Beam Ends", situated in Monomoy; where the sight stretches as far as the eyes can see.

You can get a fantastic view of Nantucket Harbor, where you'll see a variety of watercrafts like sailboats, fishing boats, paddleboards, and picnic boats. This allows you to experience the very best that Nantucket has to offer.

The property was purchased by its previous owners for a whopping $16 million in 2006. When they first decided to put it on the market, they set an ambitious listing price of $56 million for this fantastic property.

The stunning residence boasts a grand total of 29 rooms

The prospective purchasers will have the opportunity to relish the breathtaking vistas of Nantucket.

An outlook of the residence from the aquatic surroundings. Prior to its latest purchase, the occupants consisted of Evan Jones, a venture capitalist, and his spouse, Cindy Jones, who pursues photography focused on wildlife.

The proprietors will relish panoramic sights of the ocean.

An exquisite sight of the stunning holiday abode from the external gazebo.

In addition to the primary residence, there are two distinct guesthouses located on the property.

You can anticipate absolute confidentiality since the expansive 4-acre estate is encompassed by extensive preserved lands and the picturesque Nantucket "Creeks" for approximately one mile.

This exclusive property offers direct entrance to the beach and water through a secluded pathway, appealing to the most selective purchasers.

Dalton Frazier from J Pepper Frazier Real Estate, the agency representing the new proprietors, expressed their attraction to the colossal residence primarily due to its prime spot. Their particular interest lies in the fact that they will have the privilege of witnessing the gentle passage of ferries and sailboats right from their windows.

The undisclosed buyers aim to preserve the house for their future generations to come.

Marybeth Gilmartin Baugher and Shelly Tretter Lynch from Compass Real Estate, the brokers responsible for the property's listing, expressed their delight in being able to represent such a remarkable and enchanting property. They also found great satisfaction in the fact that everyone involved in the process and transaction was extremely pleased with the outcome.