31 Western Avenue
Available
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$6,000,000
Commercial
31 Western Avenue
About this Property
Total Rooms
9
Bedrooms
5
Bathrooms
4
Lot Size
29,562 SF
Living Area
3,840 SF
Year Built
1873
Views
Ocean, Trees/Woods
Zoning
R20
Tax Assessment
$1,888,400
Estimated Taxes
$12,088
Listed by Douglas Elliman Nantucket
Property Description
Star of the Sea - This magnificent property has a rich history deeply intertwined with Nantucket's maritime heritage. Originally built in 1873 as a Life Saving Station, the main structure exudes timeless elegance with its Victorian Gothic architectural style. Situated on an expansive parcel of land with breathtaking ocean views, this property offers a truly enchanting setting. Directly across the street is a park with convenient public stairs accessing the beach. In addition to the main structure, there are three other buildings on site. A second dormitory-style structure, once a stable, a studio cottage, which was formerly a storage building and privy, lastly a finished storage building with a loft offers additional space for various purposes. The Star of the Sea is a recognized treasure, listed on the National Register of Historic Places and designated as a National Historic Landmark. It serves as a poignant reminder of the brave individuals who served at this life-saving station and contributed to Nantucket's remarkable maritime history. Preserving the integrity of this historic gem, a preservation easement with the Nantucket Preservation Trust ensures that the exterior facades will remain intact. This commitment to stewardship ensures that future generations can appreciate and cherish this remarkable property. This property has approvals in place to convert the property into a 16 bedroom hotel. These approvals include a full rework of the interiors to create living space and separate bedrooms, as well as a septic design to accommodate the permitted use. If one wanted to convert this property into a single family property, that would be possible as well. Please note that viewings of the property require advance notice, as it is occupied for the entire summer season. Full set of the plans and septic design plans available upon request.