1 / 511 Reeds Way, Nantucket MA 02554
$2,447 / sqft
Bedrooms
6
Bathrooms
5
Sq Ft
3,676
Lot
2.78 acres
Year Built
1979
Days on Market
158
Description
A once in a life time opportunity to own this extraordinary six-bedroom, five-bathroom residence on nearly three acres of premier oceanfront, rising 45 feet above sea level with expansive decks soaring to approximately 65 feet. The result: uninterrupted, panoramic views of the Atlantic—capturing the island’s most breathtaking sunrises and sunsets from dawn to dusk. In 2025, the property underwent a comprehensive transformation, blending timeless Nantucket character with modern luxury. Upgrades include a new cedar roof and shingles, refreshed trim and exterior lighting, extended decking, high-efficiency heating and hot water systems, updated interior electrical, and beautifully reimagined landscaping with retaining walls and expanded lawns. The resort-caliber outdoor amenities are designed for both relaxation and entertaining: 18' x 36' heated pool, hot tub, outdoor kitchen, twin outdoor showers, and a brand-new poolside cabana with full basement. Custom-designed easy sloping stairs provide direct access to the beach, creating seamless transitions from ocean swims to gatherings on elevated terraces. Move-in ready today yet offering abundant potential for personalization, this is a rare opportunity to own one of Nantucket’s most elevated and inspiring oceanfront settings.
Property Details
Heating
Parking
Exterior
View
Utilities
Flooring
Appliances
Interior Features
Foundation
Basement
Lot Features
Additional MLS Details
Listing Agent
Gary Winn & Morgan Winn
Maury People Sotheby's International Realty
Price History
| Date | Event | Price | Change |
|---|---|---|---|
| May 4, 2026 | Listed | $8,995,000 |
Tax History
| Year | Tax Amount | Assessed Value | Land | Improvements |
|---|---|---|---|---|
| 2025 | $19,710.22 | $2,114,300 | — | — |
Market Context
Tom Nevers Avg
$5,347,222
Tom Nevers Median
$4,995,000
Island Avg
$6,064,676
Island Median
$4,299,000
Property Context
Source: MassGIS / FEMA NFHL. For informational purposes only — verify with Town of Nantucket.
MLS Listing #92590 — Data as of 2026-05-04