$9,777,777
Falmouth, MA 02540
MLS# 22007017
Status: Closed
21 beds | 22 baths | 23217 sqft
1 / 27
Property Description
Rare development opportunity to acquire a landmark property located directly on Vineyard Sound with private sandy beach and expansive panoramic water views. The property is currently configured as eight waterfront residential condominiums along with a 5,000+ square foot two-story full-service restaurant. In addition, the property includes 26 garage parking spaces and a 54-space valet lot across street. The condominiums have been used as vacation rentals and have never been sold. This unique offering presents a one-of-a-kind investment opportunity for the savvy buyer. SEE VIRTUAL TOUR!
Details
Maps
Documents
Contract Info
List Price/SqFt: 409.18
Status: Closed
Original List Price: 9500000
Sold Price: $9,777,777
Current Price: $9,777,777
List Date: 2020-10-13
Legal and Taxes
Town: Falmouth
Village: Falmouth
Estimated Annual Taxes: 61953
Building Assessments: 7212800
Other Assessments: 0
Total Assessment: 7212800
Title Reference - Book: 13188-0158
Flood Ins Required: Not Verified
Lead Base Paint: No
Mass Use Code: 10 - Multiple Use Property
Street #: 286
Street Name: Grand
Street Suffix: Avenue
County: Barnstable
State: MA
Zip Code: 02540
Tax ID: 46B 09 013 000
Tax Year: 2020
General Property Info
Region: Upper Cape
School District: Falmouth
Condo Complex Name: Other
Zoning: B3
Property Sub-Type: Condominium
Renovated: Yes
Year Renovated: 2006
Stories: 3
Total Rooms: 45
Basement: Yes
Baths - Half: 8
Association: No
Private Dock: No
Private Pool: No
Lot Size SqFt: 37026
Leased Land: No
Lot Size Source: Field Card
Acres: 0.85
Garage: Yes
# of Cars: 26
# of Parking Spaces: 80
Year Round: Yes
Waterfront: Yes
Water Body: Vineyard Sound
Waterfront Type: Oceanfront
Waterview: Yes
Water Body View: Vineyard Sound
Waterview Type: Ocean
Miles to Beach: 0 - .1
Mi. to Beach Comments: Beachfront
Fireplace: Yes
# Fireplaces: 9
Ownership: Condo
Condo Style: Attached
Complex Completed: Yes
Max # of Units in Complex: 9
Property Includes Recording Devices: No
Year Built: 2005
Total Finished Space: 23217
Bedrooms - Total: 21
Baths - Full: 14
Baths - Total: 22
Remarks & Misc
Public Remarks: Rare development opportunity to acquire a landmark property located directly on Vineyard Sound with private sandy beach and expansive panoramic water views. The property is currently configured as eight waterfront residential condominiums along with a 5,000+ square foot two-story full-service restaurant. In addition, the property includes 26 garage parking spaces and a 54-space valet lot across street. The condominiums have been used as vacation rentals and have never been sold. This unique offering presents a one-of-a-kind investment opportunity for the savvy buyer. SEE VIRTUAL TOUR!
Directions to Property: Grand Avenue to 286 on the water.
Status Change Info
Concessions: No
Estimated Selling Date: 2020-12-31
Sold Price/SqFt: 421.15
SP/AV: 1.36
Under Contract Date: 2020-10-19
Sold Date: 2020-12-24
Sold Price: $9,777,777
Street Description
Paved: 1
Public: 1
Special Listing Cond
None: 1
Location Description
South of Route 28: 1
Lot Features
Gentle Sloping: 1
Sloped: 1
Views: 1
Year Built Desc
Actual: 1
Basement Description
Garage Access: 1
Pets Allowed
Call: 1
Condo Type
Other: 1
Parking Features
Assigned: 1
Driveway: 1
Off Street: 1
Paved: 1
Waterview Direction
East: 1
South: 1
Garage Description
Direct Access: 1
Under: 1
Unit Placement
End Unit: 1
Inter Unit: 1
Lower Level: 1
Middle Level: 1
Top Level: 1
Neighborhood Amen
Beach Access: 1
Deeded Beach Rights: 1
Elevator(s): 1
Landscaping: 1
Marina: 1
Waterfront Desc
Beach: 1
Ocean: 1
Private: 1
Salt: 1
Foundation Details
Poured: 1
Beach Description
Ocean: 1
Other - See Remarks: 1
Water Access
Salt: 1
Convenient To
In Town Location: 1
Marina: 1
Convenient to Water Body 1: Vineyard Sound
Convenient to Water Body 2: Falmouth Harbor
Beach Ownership
Private: 1
Floors
Carpet: 1
Hardwood: 1
Tile: 1
Sewer
Innovative Alternative: 1
Private Sewer: 1
Roof Description
Asphalt: 1
Shingle: 1
Siding Description
Shingle: 1
Heating
Forced Air: 1
Cooling
Central Air: 1
Fuel Type
Natural Gas: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Electric: 1
Interior Features
HU Cable TV: 1
Linen Closet: 1
Walk-In Closet(s): 1
Patio And Porch Features
Deck: 1
Porch: 1
Management
Other - See Remarks: 1
Property Features
Street Description: Paved; Public
Location Description: South of Route 28
Special Listing Cond: None
Pets Allowed: Call
Condo Type: Other
Year Built Desc: Actual
Basement Description: Garage Access
Foundation Details: Poured
Lot Features: Gentle Sloping; Sloped
Neighborhood Amen: Beach Access; Deeded Beach Rights; Elevator(s); Landscaping; Marina
Garage Description: Direct Access; Under
Parking Features: Assigned; Driveway; Off Street; Paved
Unit Placement: End Unit; Inter Unit; Lower Level; Middle Level; Top Level
Waterfront Desc: Beach; Ocean; Private; Salt
Convenient To: In Town Location; Marina
Water Access: Salt
Beach Description: Ocean; Other - See Remarks
Beach Ownership: Private
Waterview Direction: East; South
Floors: Carpet; Hardwood; Tile
Interior Features: HU Cable TV; Linen Closet; Walk-In Closet(s)
Patio And Porch Features: Deck; Porch
Roof Description: Asphalt; Shingle
Siding Description: Shingle
Sewer: Innovative Alternative; Private Sewer
Heating: Forced Air
Cooling: Central Air
Fuel Type: Natural Gas
Water: Public
Hot Water: Water Heater
Hot Water Source: Electric
Management: Other - See Remarks
286 Grand Ave Ist Floor Floor Plans 
Listing Office: Robert Paul Properties, Inc.
Listing Agent: Paul E Grover
Last Updated: August - 25 - 2024
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