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ActiveCondo

$4,250,000

6B Stone Barn Way, Nantucket 02554

Beds3
Baths3
Sqft1,450
DOM7
No Photos Available

AddressIntel AI Briefing

With the property already priced significantly above the neighborhood comp basis, there is limited financial headroom for a renovation-and-resale strategy. Because exterior modifications require lengthy Historic District Commission approvals, any viable play would rely strictly on accelerating the cycle time of an interior refresh to target turnkey buyers. This analysis of the property's potential 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 5 recent condo sales in Nantucket (02554): $42/sqft. Sized within 25% of the 2,200 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$1,210,000
New Build2,200 sqft
Total Capital Required$5,635,000
Estimated Resale (ARV)$92,400
Cost of Sale (5%)-$4,620
Net Proceeds$87,780

Projected Profit

-$5,547,220
-98.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Nantucket 02554)

Sized to the modelled 2,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

171 Hummock Pond Rd

Sold
$20,000
Sold: 2025-10-29
Lot: -
Sqft: 1940
$/Sqft: $10

3 Yawkey Way # A

Sold
$1,425,000
Sold: 2025-09-19
Lot: -
Sqft: 1981
$/Sqft: $719

6 Daffodil Ln # A

Sold
$1,829,150
Sold: 2025-09-03
Lot: -
Sqft: 2640
$/Sqft: $693

8 Union St

Sold
$50,000
Sold: 2025-01-10
Lot: -
Sqft: 1935
$/Sqft: $26

3 Goose Cove Ave

Sold
$80,000
Sold: 2024-10-17
Lot: 27,839.2
Sqft: 1895
$/Sqft: $42