Twin 100-Year-Old Nantucket Cottages Hit the Market for $2.5 Million

Two historic Nantucket cottages, nestled in the picturesque village of Siasconset, have been brought to market with a combined asking price of $2,495,000. Siasconset, affectionately known by locals as "Sconset," is a charming and relatively small community of approximately 500 residents, strategically located on the southeastern tip of Nantucket Island. This island, a renowned summer destination, is situated roughly 30 miles off the coast of Cape Cod, Massachusetts. Historically, Nantucket earned the moniker "Whaling Capital of the World" during the 19th century, a testament to its maritime past. Today, it has evolved into a more relaxed vacation haven, attracting both established affluent families from New England and a growing contingent of influencers. The current median listing price for properties across the entire island reflects its desirability, hovering around $4.4 million. The two cottages for sale, identified as Telegraph House and Right Bank, are remarkably similar in their architectural design, almost serving as mirror images of each other. Telegraph House was originally constructed in 1924, followed by Right Bank in 1927, meaning both structures are now over a century old. Throughout their extensive history, these buildings have adapted to the evolving needs of the community, having served a diverse range of commercial functions. These include operating as a Western Union telegraph office, a quaint tearoom, a specialized yarn shop, a bustling souvenir shop, and even a record store, showcasing their adaptability and enduring presence. Lara Hanson, a seasoned broker with Fisher Real Estate and an eighth-generation islander, emphasizes the "highly coveted" nature of the Siasconset community. She highlights the significant rental income potential that these properties can generate, particularly during the peak summer months. Each of the two one-bedroom homes presents a compelling opportunity for a discerning buyer, whether their aim is to acquire a personal island getaway or to capitalize on a lucrative business venture. The interiors of both bungalows feature nearly identical kitchen layouts. According to Hanson, these properties can command weekly rental rates ranging from $3,000 to $4,000. She further notes that this rental income can "certainly defray the operating expenses," provided that buyers adhere to Nantucket's specific short-term rental regulations. Hanson eloquently describes Sconset as a neighborhood that beautifully merges historic structures with charming seaside cottages, offering residents and visitors alike close proximity to the beach. The area also boasts a selection of reputable restaurants and a convenient market that operates during the summer season. Crucially, both of these historic homes are situated a mere 200 yards from the sandy shores, making beach access exceptionally easy. Siasconset itself is located approximately 7 miles from the main town of Nantucket, and the island offers various transportation options, including walking, biking, and public transit, facilitating exploration and convenience for residents and visitors.