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351a Commercial Street
Provincetown, MA 02657
$9,500,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
3348
Property Description
3 custom homes, each uniquely designed make up this one of a kind Provincetown water front compound. The property is an in-town oasis which you'll quickly feel as you leave the activity of Commercial Street and pass beneath a gated arbor, across a stone walkway and take in the lush and mature landscaping. The 3 residences invite you to enjoy the sand and the sea as they provide a total of 6 bedrooms, 5.5 baths, 4 fireplaces, 3 washer/dryers, hardwood flooring, central heat/ac, a generous amount of outdoor living space, dry sauna, and 2 outdoor showers - and of course, postcard views of the harbor and Bay. Built in 2003, 2 of the residences were constructed from ground- up (one is waterfront), and the 3rd was a renovation of an existing historic structure. Residence One, the first home as you enter the compound, has a Cape Cod design, inside and out. The home has an open plan on the 1st floor with exposed beams, fireplace, and generous sized kitchen. The living and dining area has classic built-ins (hutch and storage seating bench) and French doors to an expansive deck, not to mention a direct pathway to your beachfront. There are 3 bedrooms .... on the 2nd level with a tiled bathroom for guests and an ensuite for the primary. From the primary take stairs to a rooftop deck and enjoy your stunning views of the Bay, Provincetown Monument and town rooftops. Residence Two is a stunning multi-level, 1 bedroom home accented with fir wood throughout providing warmth and comfort year-round. The main level is open, with fireplace, and kitchen, all opening to a large deck, providing a wonderful indoor/outdoor living experience. One level up is the primary bedroom with cathedral ceilings, built-ins, and an en suite with shower/tub and washer/dryer. Residence Three is beachfront, and contemporary designed with all you'd expect when living on the water. The home provides you with a tempting sandy beach, along with picturesque views of the Bay and the boats going in an out of the harbor. The views begin on the 1st level, which is anchored by walls of glass leading to a wraparound deck. The living area is open, multi-functional and currently used for living, dining, and theater viewing. There is a guest bath on this level, a wood-burning fireplace, and a kitchen recently renovated in a European design, with plenty of counterspace and a breakfast peninsula. On the 2nd level is a generous sized guestroom, and the primary en suite. The primary bedroom is spacious and faces the harbor. From the large windows you'll enjoy views throughout the day, or enjoy them from your large private deck. The primary also features a propane fueled fireplace, cathedral ceiling and a spa-like en suite with whirlpool soaking tub, double vanity, steam shower, water closet and dressing room. Come experience the ultimate in beachfront living at this amazing, one-of-kind property. With attention to every detail, the compound at 351A Commercial Street provides the best of everything for you and your guests to enjoy. Investment conversions are also possible. Property includes 1 car parking located at 26 Alden Street, #5.(Sewer betterment paid in full. Flood insurance is assumable.)
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
1800
MLS Number
22401235
Location
Address
351a Commercial Street
City
Provincetown
State
MA
Zip Code
02657
County
BARNSTABLE
Listing
Provider
Gibson Sotheby's International Realty, original listing
Name
Gibson Sotheby's International Realty
Phone
(508) 896-5000
Office Name
Gibson Sotheby's International Realty
Office Phone
(508) 487-2430
Agent Name
Mike Minore

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.