Nantucket Land Loan
For Sale
Contact for pricing
Pending
12 Atlantic Ave, Nantucket, MA 02554
First-lien non-performing loan secured by Nantucket land.
Property SizeContact for details
Days on Market167
Property Features for 12 Atlantic Ave
General Information
Standard status
Pending
Property subtype
Land, Note/Loan
Listing Agency:
Rhenium Capital
Listed By:
Andre Cuadrado · License #FL BK3287912
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 8 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rhenium Capital
Investment Insights
Based on property information with market context.
The offering involves the sale of a first-lien non-performing mortgage loan secured by a luxury coastal single-family property located in Nantucket, Massachusetts. The property is valued at $3,250,000 on a land-only basis, according to the most recent exterior BPO dated October 2025. The valuation considers the property’s in-Town Nantucket location, proximity to Harbor and Main Street, R-1 zoning designation, and access to Town water and sewer service. This offering presents investors with the opportunity to acquire a first-lien secured position in core in-Town Nantucket land at a discount to current land-only valuation. The transaction is positioned for foreclosure, redevelopment, repositioning, or resale strategies.
Key Highlights
- First‑lien non‑performing mortgage loan secured by a luxury coastal single‑family property.
- Land‑only BPO valuation of $3,250,000 (October 2025).
- In‑Town Nantucket location, proximity to Harbor and Main Street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 02554, MA
13,517
Population
10,985
Households
1.2
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
40.0 sq mi
ZIP Area
338
Density / Sq Mi
$125,524
Median Household Income
$65,336
Median Earnings
$2,081
Median Rent
$1,386,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - First-lien non-performing loan secured by Nantucket land.
Where is this residential land & home lot located?
The property is located at 12 Atlantic Ave Nantucket, MA.
What are key features of this property?
This property features: First‑lien non‑performing mortgage loan secured by a luxury coastal single‑family property.; Land‑only BPO valuation of $3,250,000 (October 2025).; In‑Town Nantucket location, proximity to Harbor and Main Street.
