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Presented by
Gabby Hanna |
105 Bradford Street Extension, Provincetown, MA, 02657 | $23,810,000
Nestled high on a hill in the coveted west end of Provincetown, Seaglass Inn & Spa presents an exceptional opportunity for those seeking a remarkable investment with breathtaking views and limitless potential. With 4. 2 acres of prime Provincetown real estate, this expansive 57-room property combines recent upgrades with a versatile range of uses, making it a choice candidate for creative visionaries. The inn features 57 well-appointed guest rooms, some with water views, and has benefited from significant recent enhancements, including a new roof and numerous upgraded rooms. The property's allure is further heightened by its breathtaking sunrises and sunsets. Guests can indulge in a serene retreat by the sparkling pool. There is a 2-bedroom apartment on the property. And, a bonus is 109R Bradford Street Ext. , a 1. 16 acre lot (included in the 4. 2 acre total) with unimpeded water views and approved building plans. The possibilities for Seaglass Inn & Spa are as vast as the views it offers. Continue operating the beloved inn and spa to enhance guest experiences and attract high-end clientele. Alternatively, elevate the property into a luxurious destination with state-of-the-art amenities and exclusive services. For those looking to create a residential community, the ample land is ideal for a distinguished single-family home development, offering modern homes that capitalize on the unique location and spectacular views. Additionally, the property holds potential as a vibrant non-profit arts center, fostering creativity and community engagement in a stunning, scenic setting. Seaglass Inn & Spa boasts a prime location, providing both privacy and exclusivity while remaining close to the vibrant heart of Provincetown. With endless possibilities and unparalleled scenic beauty, this property is a rare gem that invites visionary projects and offers boundless potential for its next chapter.
Features
- Property Type: Hotel/Motel
- Current Use: Hotel/Motel
- Permitted Use: Hotel/Motel
- Construction: Clapboard, Other, Sheet Rock, Pour Concrete
- Utilities: Cable Available, High Speed Internet, Electricity Available, Phone Available
- Garage: Off Street, Guest, Paved Lot, Paved
- Parking: 50-car
- Levels: 2
- Cooling: Wall Unit(s)
- Approx Lot Sq. Feet: 182,952
- Units: 57
- Zoning: R1
- Year Built: 1950
- Approx Sq. Feet: 21,565
- Acreage: 4.2
- Est. Taxes: $27,648
- Lot Desc: Bike Path, Shopping, Marina, In Town Location, Conservation Area, Additional Land Avai, Views, Cleared, Private, Gentle Sloping
- Appliances: Water Heater, Dryer - Electric, Washer
- MLS#: 22403970
- Website: https://www.raveis.com
/raveis/22403970/105bradfordstreetextension_provincetown_ma?source=qrflyer
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than William Raveis Real Estate include the name of the listing company. Neither the listing company nor William Raveis Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Gabby HannaLuxury Properties Specialist
917.696.8952
Gabby.Hanna@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
105 Bradford Street Extension, Provincetown, MA, 02657
$23,810,000
Gabby Hanna
Luxury Properties Specialist
William Raveis Real Estate
Phone: 917.696.8952
Gabby.Hanna@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 | $19,048,000 | $19,048,000 | $19,048,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
| Monthly Tax Payment | $2,304 | $2,304 | $2,304 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $112,676 | $121,966 | $162,027 |
| Total Monthly Payment | $115,105 | $124,395 | $164,456 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630