351A Commercial Street, Provincetown, MA, 02657 | $8,500,000

3 custom homes, each uniquely designed make up this one of a kind Provincetown water front compound. The property is an in-town oasis which you'll quickly feel as you leave the activity of Commercial Street and pass beneath a gated arbor, across a stone walkway and take in the lush and mature landscaping. The 3 residences invite you to enjoy the sand and the sea as they provide a total of 6 bedrooms, 5. 5 baths, 4 fireplaces, 3 washer/dryers, hardwood flooring, central heat/ac, a generous amount of outdoor living space, dry sauna, and 2 outdoor showers - and of course, postcard views of the harbor and Bay. Built in 2003, 2 of the residences were constructed from ground- up (one is waterfront), and the 3rd was a renovation of an existing historic structure. Residence One, the first home as you enter the compound, has a Cape Cod design, inside and out. The home has an open plan on the 1st floor with exposed beams, fireplace, and generous sized kitchen. The living and dining area has classic built-ins (hutch and storage seating bench) and French doors to an expansive deck, not to mention a direct pathway to your beachfront. There are 3 bedrooms . . . . on the 2nd level with a tiled bathroom for guests and an ensuite for the primary. From the primary take stairs to a rooftop deck and enjoy your stunning views of the Bay, Provincetown Monument and town rooftops. Residence Two is a stunning multi-level, 1 bedroom home accented with fir wood throughout providing warmth and comfort year-round. The main level is open, with fireplace, and kitchen, all opening to a large deck, providing a wonderful indoor/outdoor living experience. One level up is the primary bedroom with cathedral ceilings, built-ins, and an en suite with shower/tub and washer/dryer. Residence Three is beachfront, and contemporary designed with all you'd expect when living on the water. The home provides you with a tempting sandy beach, along with picturesque views of the Bay and the boats going in an out of the harbor. The views begin on the 1st level, which is anchored by walls of glass leading to a wraparound deck. The living area is open, multi-functional and currently used for living, dining, and theater viewing. There is a guest bath on this level, a wood-burning fireplace, and a kitchen recently renovated in a European design, with plenty of counterspace and a breakfast peninsula. On the 2nd level is a generous sized guestroom, and the primary en suite. The primary bedroom is spacious and faces the harbor. From the large windows you'll enjoy views throughout the day, or enjoy them from your large private deck. The primary also features a propane fueled fireplace, cathedral ceiling and a spa-like en suite with whirlpool soaking tub, double vanity, steam shower, water closet and dressing room. Come experience the ultimate in beachfront living at this amazing, one-of-kind property. With attention to every detail, the compound at 351A Commercial Street provides the best of everything for you and your guests to enjoy. Investment conversions are also possible. Property includes 1 car parking located at 26 Alden Street, #5. (Sewer betterment paid in full. Flood insurance is assumable. ) Seller welcomes offers with requests for buyer concessions.

Features

  • Rooms: 14
  • Bedrooms: 6
  • Baths: 5 full / 1 half
  • Laundry: Washer Hook-up
  • Style: Antique
  • Year Built: 1800
  • Garage: Off Street, See Remarks
  • Heating: Forced Air, Other, Furnace, Fireplace(s), Electric Stove, Fireplace
  • Cooling: Central Air
  • Basement: Other, Partial, Interior Entry
  • Approx Sq. Feet: 3,348
  • Acreage: 0.08
  • Est. Taxes: $23,077
  • Lot Desc: In Town Location, Shopping, Public Tennis, Marina, Level
  • View: Bay, Harbor
  • Water Front: Yes
  • Appliances: Water Heater, Tankless Water Heater, Refrigerator, Dryer - Gas, Dryer - Electric, Dishwasher
  • MLS#: 22401235
  • Website: https://www.raveis.com
    /prop/22401235/351acommercialstreet_provincetown_ma?source=qrflyer
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Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@raveis.com

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351A Commercial Street, Provincetown, MA, 02657

$8,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,800,000 $6,800,000 $6,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,923 $1,923 $1,923
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $39,145 $42,981 $57,382
Total Monthly Payment $41,193 $45,029 $59,430

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.