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A $38.1 Million Nantucket Home Sale Sets Massachusetts Record

Published by: dailynews
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A waterfront compound on Nantucket has sold for $38.1 million, the highest price paid for a single residential property in Massachusetts, records show.

The sellers are venture capitalist Evan Jones and his wife, wildlife photographer Cindy Jones, who bought the property for $16 million in 2006, records show. They listed it for $56 million last year, and the last asking price was $48 million, according to Zillow. The Joneses didn’t respond to requests for comment.

Dalton Frazier of J Pepper Frazier Real Estate, who represented the buyer, declined to identify his clients, but said they are a family who plan to keep the property for generations.

Read the full story on The Wall Street Journal here.