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Purchase of the Week: 14 New South Road

By the Numbers

Address: 14 New South Road

Acres: 43.3

Structure(s): Main house, three cottages, two garages, pool, pool house. 

Seller: The Estate of Rachel L. Mellon of New York City, N.Y. 

Buyer: 14 New South Road, LLC of Nantucket, Mass. 

Price: $21,500,000.

Value: $7,271,800.

Details: The epitome of a summer compound with multiple living spaces and accessory buildings built with respect for the landscape; low to the ground, 14 New South Road is out in the sticks of Nantucket with very few neighbors in the traditional sense. There's a pool, a large lawn, a private beach and jaw-dropping views of the Atlantic Ocean. The property is also nearly surrounded by conservation land owned by the Nantucket Conservation Foundation.

Information courtesy:  NAREB/Nantucket Property News and the Town of Nantucket.