Perhaps the property soon to earn the title as the most
expensive house to ever be sold in Nantucket history, a new
70-acre, 20-room estate has just come on the market for a lofty $59
Million. Listed with Maury People Sothebys International Realty in
Nantucket, this home seems far and away the gem of the island as
the most expensive home ever sold here came in 2010 for a still
whopping $28 Million.
Located on the waterfront, this new listing boasts everything
from a 9.5 bathrooms to a two-bedroom gatehouse cottage, another
two-bedroom guest cottage closer to the main house, a boathouse,
many sprawling fenced-in pastures, and even a octagon-shaped
studio. The property originally was bought for $7.1 Million in 1997
by the previous owner, the late Russell Dale Phelon, owner and
president of R.E. Phelon Co.; a company that builds engine
electronics and ignition systems out of South Carolina. Phelon
completely revamped the property, building a new house and redoing
the grounds and surrounds to the highest possible degree of
workmanship and due care.
This home is sure to garner much attention especially
considering all of the publicity it will continue to receive. If
keen on this property or any others in the picturesque oasis that
is Nantucket, feel free to contact us at Gibson Sothebys
International Realty to see how we can best serve you in this
regard.
More Information: Boston.com