Record-Setting Residential Real Estate on Nantucket Island

Filed under [Island Times](https://www.leerealestate.com/blog-category/island-times/)

![Nantucket homes for sale](https://cdn1.leerealestate.com/assets/2023/10/16151410/Nantucket-homes-for-sale-770x1024.png)

The Lee Real Estate team is thrilled about the successful completion of a record-setting residential real estate sale on Nantucket Island! Our dedicated [team of agents and brokers](https://www.leerealestate.com/our-team/) represented both the buyer and the seller in a $42 million real estate transaction, not only breaking a record on Nantucket, but in all of Massachusetts.

The Nantucket waterfront estate boasts expansive harbor views on 1.2 acres in Monomoy. Designed by world-renowned [Workshop/APD](https://www.workshopapd.com/) and built by Rob Reid of Reid Builders, the property offers six bedrooms across three dwellings with private beach access. At $42 million, the sale has set a new benchmark for residential real estate on Nantucket.

![$42 million Nantucket sale](https://cdn1.leerealestate.com/assets/2023/10/16151438/42-million-Nantucket-1024x767.png)

With the completion of this sale, Lee Real Estate has now brokered three of the last four highest transactions on the island, as well as half of all [Nantucket real estate](https://www.leerealestate.com/) transactions over $15 million in the last three years!

We are deeply humbled and honored by these achievements, and we believe they are a true testament to our team’s commitment to delivering outstanding results for our clients. Their exceptional service, extensive network, and deep understanding of the local market have been the driving forces behind this continued success.

Congratulations to buyer agents [Peter Engen](https://www.leerealestate.com/team/peter-engen/) and [Bruce Beni](https://www.leerealestate.com/team/bruce-beni/), along with selling broker [Shellie Dunlap](https://www.leerealestate.com/team/shellie-dunlap/), who have once again made history in the real estate market and worked extremely hard on making this a successful real estate transaction. And a sincere thank you to our valued clients who continue to trust in our real estate expertise!

![Nantucket Real Estate](https://cdn1.leerealestate.com/assets/2023/10/16152020/Nantucket-Real-Estate.png)

As seen through this record-breaking sale, and many more, the real estate market on Nantucket is thriving — and if you’ve ever thought about buying a dream home, second home, or vacation home on the island, now’s the perfect time! Nantucket has become such a sought-after destination to own real estate, and the appeal of living on the island only continues to grow.

With endless outdoor activities to enjoy, historic charm sprinkled throughout the town, and conservation efforts to help maintain the island and preserve its natural beauty, it’s no wonder Nantucket is loved by so many — including our very own Lee Real Estate team!

We hold Nantucket near and dear to our hearts, and we are absolutely devoted to helping clients find the perfect property on this uniquely wonderful island. Interested in working together? Feel free to send an email to [office@leerealestate.com](mailto:office@leerealestate.com), or give us a call at [508-325-5800](tel:508-325-5800)

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Record-Setting Residential Real Estate on Nantucket Island

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Record-Setting Residential Real Estate on Nantucket Island

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