Brian-Logan Reid's (blwr) Blog

By:  Brian-Logan Reid, BrokerWell Wine Festival and Memorial Day/Figawi came and went and the inventory continues to grow, despite a handful more properties going under agreement. The entry level of the market, those properties under $1mm, appears to be growing in size and I anticipate some price...

By Brian-Logan Reid, BrokerWell summer is officially here and the market appears to be picking up a bit along with the glorious weather!  While the inventory continues to grow, there still are properties being acquired at all price points, which is a good sign.  But with the growing number of pro...

By Brian-Logan Reid, BrokerPerhaps prompted by the warmer weather, the buyers have stepped up and started acquiring Nantucket real estate again.  Following the typical seasonal pattern, the late spring/early summer is showing that buyers are stepping back into the market, even though it is not at...

I just got back from an proper bankruptcy auction at 209 Polpis Road.  This 5,784 SF, 5 bedroom, 5.5 bathroom oceanview estate is situated on 4.1 acres in Polpis with first and second floor views of Polpis Harbor.  Included in the estate are Guest Quarters, a pool and tennis court.Although not as...

By Brian-Logan Reid, BrokerThe renovation of the historic Point Breeze Hotel will not be returned to a hotel as previously thought, but will essentially be converted into a condo-hotel.  There will be 32 private one to two bedroom suites as well as six on-site cottages that will sell for $1 to $3...

By Brian-Logan Reid, BrokerI was in the Grand Union grocery store yesterday and saw Daphne Zuniga (remember Spaceballs!?), which got me thinking about all the VIP's that own property or frequent Nantucket.  So I thought it would be interesting to compile an unofficial list of the folks that I kno...

New land and property listings - May 14, 15, 2007Here are the new listings that came on the market yesterday and today:83 Goldfinch Drive - Naushop - $1,395,000 - 4 bedrooms, 3.5 bathrooms 22 Sherburne Turnpike - Cliff - $3,495,000 - 4 bedrooms, 3.5 bathrooms 24 Clarendon Street - Tom Nevers - $9...

Here are the new listings that came on the market today:56 Goldfinch Drive - Naushop - $1,495,000 - 3 bedrooms, 3.5 bathrooms5B Salros Road - Mid0Island - $479,000 - Vacant Land

Here are the new home and land listings that came on the market:110 Orange Street - 2nd Floor - Town - $849,000 - 1 bedroom, 1 bathroom110 Orange Street - 1st Floor - Town - $795,000 - 1 bedroom, 1 bathroom96 Baxter Road - Sconset - $2,575,000 - 4 bedrooms, 3.5 bathrooms3 Washington Avenue - Mada...

Here are the new home and land listings that came on the market:48 Meadow View Drive - West of Town - $899,000 - 2 bedrooms, 1.5 bathrooms 21 Friendship Lane - Mid-Island - $1,374,000 - 6 bedrooms, 4 bathrooms 21 Friendship Lane (Main House) - Mid-Island - $925,000 - 4 bedrooms, 3 bathrooms 21 Fr...