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ActiveSingle Family

$1,990,000

1 Pheasant Dr, Nantucket 02554

Beds--
Baths1
Sqft700
DOM3
No Photos Available

AddressIntel AI Briefing

With an asking price significantly higher than the local comp basis, a profitable resale margin is highly unlikely. Since exterior modifications require lengthy historic board reviews, the only viable path is a rapid interior refresh to minimize cycle time for affluent buyers seeking immediate occupancy. This evaluation is inferred from pricing and time on market rather than from any inspection.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Nantucket)

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Proprietary Intelligence

Market Heat Index

0/100

Based on recent sales velocity and local demand in 02554.

Flippability Score

15/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

0%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent single-family sales in Nantucket (02554): $2,215/sqft. Sized within 25% of the 1,100 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$605,000
New Build1,100 sqft
Total Capital Required$2,770,000
Estimated Resale (ARV)$2,436,500
Cost of Sale (5%)-$121,825
Net Proceeds$2,314,675

Projected Profit

-$455,325
-16.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 1,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

49 W Chester St

Sold
$1,600,000
Sold: 2026-08-07
Lot: 4,478
Sqft: 880
$/Sqft: $1,818

6 Eagle Ln

Sold
$2,300,000
Sold: 2026-05-29
Lot: 2,378.4
Sqft: 1088
$/Sqft: $2,114

15 Old North Wharf

Sold
$3,800,000
Sold: 2026-05-22
Lot: 771
Sqft: 880
$/Sqft: $4,318

20 Lyons Ln

Sold
$2,375,000
Sold: 2026-03-18
Lot: -
Sqft: 1072
$/Sqft: $2,215

20 Lyons Ln

Sold
$2,375,000
Sold: 2026-03-18
Lot: 49,658.4
Sqft: 1072
$/Sqft: $2,215

1 Dennis Dr

Sold
$2,000,000
Sold: 2026-03-11
Lot: -
Sqft: 936
$/Sqft: $2,137

1 Dennis Dr

Sold
$2,000,000
Sold: 2026-03-11
Lot: 10,001.4
Sqft: 936
$/Sqft: $2,137

10 Green Meadows Dr

Sold
$3,317,707
Sold: 2026-01-16
Lot: 10,306.3
Sqft: 1123
$/Sqft: $2,954

27 Osprey Way

Sold
$4,200,000
Sold: 2025-09-26
Lot: 11,077.3
Sqft: 1040
$/Sqft: $4,038

33 W Sankaty Rd

Sold
$2,525,000
Sold: 2025-09-16
Lot: 5,066
Sqft: 1024
$/Sqft: $2,466

22 Arlington St

Sold
$1,995,000
Sold: 2025-09-15
Lot: 10,018.8
Sqft: 924
$/Sqft: $2,159

1 E Hallowell Ln

Sold
$6,425,000
Sold: 2025-07-23
Lot: 14,300.7
Sqft: 1274
$/Sqft: $5,043