Nantucket is a very special island, about 30 miles from Hyannis on the southern coast of cape Cod, Massachusetts. It is shaped like a crescent: 14 miles long and 3 miles wide.
The island has a long and rich history. Settled in 1659 by what is called the ‘original’ nine families, the island became the whaling capital of the world from 1800 to 1840, boasting a fleet of 80 ships. It is the birthplace of Benjamin Franklin’s mother, Abigail Folger, R.H. Macy the founder’s of Macy’s department store and Maria Mitchell, the famous astronomer.
With the decline of the prosperous whaling industry, the town became nearly deserted and the island fell on hard times. After many tries at other industries—fishing, sheep herding—tourism became the major commercial activity of the island. And so it remains to this day.
Nantucket, with its beautiful and accessible open spaces, fine dining, pristine beaches (82 miles of beach), museums as well as 4 golf courses, multiple tennis courts, and good sailing, continues to be a popular vacation destination for people from all over the world.
The flavor of ‘old Nantucket’ is everywhere you look. Nantucket prides itself on its heritage and works at maintaining the look of the island. All homes are subject to the rules set up by the Historical District Commission which are considered strict so that the island flavor is preserved. For this reason, you see so many homes with grey shingling.
Over 50% of the island is conservation land, never to be built upon. There are three major private conservation groups as well as a Nantucket Land Bank…all of whom see that land is donated or bought to maintain that ‘small’ and charming feeling that the island exudes. The Land Bank collects a 2% tax on all properties that are sold to be paid by the buyer…it then uses that money to purchase tracts of land.
Nantucket is a state of mind. It has a special quality that is part of the intangible that makes people want to create family memories through renting, buying and investing on the island.
- Population year round: just over 11,000 people
- Population seasonal: between 50,000 and 60,000 people
- Tax rate is $3.62 US per thousand – one of the most favorable rates in any major upscale resort area in the United States
- Multiple public beaches with lifeguards and even more that may be accessed by the public – 82 miles total of pristine beautiful beaches
- 2 public golf courses:
Miacomet / Siasconset
- 2 private golf courses:
Nantucket / Sankaty Head
- 2 yacht clubs: Nantucket / Great Harbor
- 1 bath and tennis club: Westmoor
- Public tennis courts
- Multiple 4-star hotels
- Many bed and breakfast inns
- Great restaurants with many different cuisine styles – one of the best places to eat in the Northeast
- Tourists, second home owners and investment home owners come from all 50 United States and many countries outside the U.S. – all in all a very cosmopolitan and sophisticated environment.
♦ The information contained herein is believed to be reliable but not guaranteed. ♦