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ActiveSingle Family

$9,450,000

4 White Elephant Way, Nantucket 02554

Beds5
Baths5.5
Sqft2,620
DOM110
No Photos Available

AddressIntel AI Briefing

Fast-tracking an interior renovation is the key to bypassing long historic district reviews for exterior work on the island. However, the high price relative to comparable sales limits room to extract value from a turnkey flip. All condition assessments are 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

10/100

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): $1,564/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,900 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,145,000
New Build3,900 sqft
Total Capital Required$11,770,000
Estimated Resale (ARV)$6,403,800
Cost of Sale (5%)-$320,190
Carry (33mo @ 7%)-$2,042,425
Net Proceeds$4,041,185

Projected Profit

-$7,728,815
-65.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 3,900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3 Dolphin Ct

Sold
$6,050,000
Sold: 2026-10-14
Lot: 5,270.8
Sqft: 2944
$/Sqft: $2,055

2 Mariners Way

Sold
$5,200,000
Sold: 2026-10-02
Lot: -
Sqft: 3438
$/Sqft: $1,513

6 Gull Island Ln

Sold
$9,375,000
Sold: 2026-09-15
Lot: 4,817.7
Sqft: 3179
$/Sqft: $2,949

7 Pilgrim Ct

Sold
$7,195,000
Sold: 2026-08-26
Lot: 8,049.9
Sqft: 3128
$/Sqft: $2,300

247 Polpis Rd

Sold
$7,675,000
Sold: 2026-08-04
Lot: 120,225.6
Sqft: 3327
$/Sqft: $2,307

6 Mariners Way

Sold
$5,250,000
Sold: 2026-07-31
Lot: -
Sqft: 3024
$/Sqft: $1,736

23 Liberty St

Sold
$4,200,000
Sold: 2026-07-31
Lot: 5,436.3
Sqft: 3262
$/Sqft: $1,288

2 Goldenrod Ct

Sold
$2,535,000
Sold: 2026-07-17
Lot: -
Sqft: 3029
$/Sqft: $837

6 The Captains Ln

Sold
$25,000
Sold: 2026-06-24
Lot: 6,743.1
Sqft: 3819
$/Sqft: $7

25 Pine St

Sold
$4,800,000
Sold: 2026-03-30
Lot: 5,035.5
Sqft: 3070
$/Sqft: $1,564

25 Pine St

Sold
$4,800,000
Sold: 2026-03-30
Lot: -
Sqft: 3070
$/Sqft: $1,564

10 Milk St

Sold
$5,075,000
Sold: 2026-03-26
Lot: -
Sqft: 3597
$/Sqft: $1,411