The 17 Monomoy Road LLC of New Canaan, CT purchased a dwelling at 17 Monomoy Road from the 17 Monomoy Road Nominee Trust of Nantucket for $5,350,000.

William and Allison Mankivsky of Wellesley, MA purchased a dwelling at 76 West Chester Street from Lawrence and Tina Jones of Westport, CT for $2,700,000.

The Bank of New England of Salem, NH purchased a dwelling at 9 Old Westmore Farm Road from itself in a foreclosure proceeding for $2,500,000.

Mark Bono of Wellesley, MA purchased a dwelling at 35 King Street from Jennifer Modisette, Benjamin Torrey and Elizabeth Torrey of Scituate, MA for $1,400,000.

The 127 Wauwinet, LLC of Pittsford, NY purchased a dwelling at 127 Wauwinet Road from Evelyn Smith of Chappaque, NY for $1,300,000.

Peter Basilevsky of Cos Cob, CT purchased a dwelling at 23 Dartmouth Street from Carol Libowitz of Wilbraham, MA for $795,000.

Loretta Kaplan of Northfield, IL purchased a dwelling at 42 and 44 North Beach Street from Carl Kalnow of Cincinnati, OH for $744,167.

Jared Chretien and Rachel Day of Nantucket purchased a co-op at 24A Daffodil Lane, f.k.a 29 Evergreen Way from M.J. Stetina, trustee of 29 Evergreen Way Reality Trust of Nantucket for $550,000

If you have been contemplating booking a vacation rental home, we encourage you to act now as some of the prime properties, especially during August, are filling up.  The Steamship Authority is now taking car reservations for the summer.  Check out over 500 carefully selected rental listings.

Yesterday the foreclosure auction was held for 77 Easton Street, known as the Point Breeze Hotel.  The previous owner had allegedly defaulted on a construction loan in excess of $40 million when TD Banknorth called the loan.  The bidding opened at $5 million and did not exceed $6 million with only one bidder among the crowd of about 100 onlookers.  TD Banknorth let the auctioneer know that it would purchase the property for $22 million and, with no other bids, the auctioneer declared the Point Breeze sold to the lender.

Properties Sold Past 14 Days

Properties Under Contract Past 14 Days

Mary Gamba, Trustee of the Shadow Nominee Trust of Hillsborough,CA purchased a dwelling at 15 Top Gale Lane from the 15 Top Gale LLC of Greenwich, CT for $19,200,000.

Paul M. Verrochi of Boston, MA purchased a dwelling at 18 Mill Street from Michael and Kilty Mahoney of Bryn Mawr, PA for $4,133,168.

The FAO Nominee Trust of Dover, MA purchased a dwelling at 3 Cash’s Court from Margery and David Carney of Nantucket for $4,000,000.

James and Andrea Hungerpiller of Savannah, GA purchased a dwelling at 138 Miacomet Road from R. Craig and Dally Roos of Nantucket for $2,050,000.

Jason Olbres and Nichole Marks of Nantucket purchased a vacant lot at 15 Cottage Avenue from Margaret Lockett,Trustee of the Margaret Lockett Trust for $950,000.

Alice B. Burnham of New Canaan, Ct purchased a vacant lot at 12  Sherburne Turnpike from the Town of Nantucket for $275,000.

The Nantucket Islands Land Bank purchased a vacant lot at 22 Broad Street from Deborah Goodall of Merlin, OR for $50,000.

January is off to a similar start to 2009.  Please Click Here for all of the Nantucket real estate transfers for the month of January.

These are the listings that Penny Dey feels represent the best values on Nantucket right now:

3 Warren Street, Town:  This charming home offers in-Town privacy on a very quiet one way street.  Within four blocks of Main Street, you can go to Town for a paper and muffin in the morning and again for a fine meal in the evening.  Excellent location with three full floors of living!  $1,225,000.

6 Back Street, Town:  Completely renovated 1800’s house located on a quiet street a short distance to Town and the Great Harbor Yacht Club.  This charming three bedroom home is in a convenient location with a patio for grilling and relaxing.  $1,295,000.

9 Aurora Way, Cisco:  Beautifully appointed new home conveniently located between Town and Cisco beach.  Excellent craftsmanship and details are evident throughout with all modern conveniences.  Ideal vacation home or investment property.  $1,395,000.

5 Pond Road, West of Town:  Pristine property, constructed in 2005 to the highest standards.  Main house offers four bedrooms, two fireplaces and multiple living areas both inside and out.  There is also a separate garage/studio and mature landscaping on this private property located not far from Town.  Property is offered partially furnished as well. ONE OF THE BEST VALUES ON NANTUCKET.  $1,675,000.

27 Sconset Ave, Siasconset:  Recently completed and well apppointed home with maple floors, gourmet kitchen and large family room with fireplace.  Six blocks to Sconset market on a very quiet street.  $1,645,000.

6 Sheep Commons Lane, Mid Island:  This beautifully maintained and impeccably furnished home offers three finished living levels, a first floor master suite, library and small office, three bedrooms and 2.5 baths, finished lower level with den and exercise room with a dry sauna.  Inviting outdoor spaces with stone walls and specimen plantings and irrigation system.  Detached two car garage.  $1,985,000.

7 and 9 Tetawkimmo Drive, Mid Island:  This property features a beautiful four bedroom home with attached garage abutting acres of conservation land.  The home has a finished lower level with home gym and living/office area.  The landscaping is top notch with expansive front lawn and room for swimming pool in the back.  The property has ample room for expansion or studio cottage.  With the potential to sell 9 Tetawkimmo as a separate buildable lot, this property is a terrific value.  $2,295,000.

30B Sankaty Road, Siasconset:  Located at the edge of ‘Sconset Village, this Christopher Maury designed and constructed home features superb craftsmanship and state of the art amenities.  Four finished levels of living.  $2,695,000.

75 Squam Road, Squam:  Lender Approved Short Sale.  This exceptional summer home is moments from shared stairs  to a breathtaking and endless stretch of white sand beaches.  This meticulously and stylishly renovated home includes thoughtfula nd extensive custom details and amenities throughout and consists of four bedroom suites, gourmet kitchen, dining room, living room, separate studio office and inviting manicured gardens which make this the perfect family retreat.  $2,950,000.

In the interest of saving paper, we are trying to distribute our quarterly newsletter electronically.  Please contact one of our brokers to set up an e-mail subscription, or click on Winter Newsletter 2010 for the latest real story on Nantucket real estate.

Quentin the Quahog predicts six more weeks of winter.  At high noon today at the Town Pier Harbormaster Dave Fronzuto opened the wily quahog only to have him squirt to the left which means six more weeks of winter on Nantucket.  We understand that the groundhog results were similar this morning in Punxsatawney, PA.  Based on the weather today, none of this was a big surprise!