Home of the Week: An Historic 1940 Cape Cod Estate Hits the Market for the First Time—for a Cool $16.5 Million

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The home was built for its original owners and has never previously been listed.

“North Chatham is a coveted enclave of seaside homes at the “elbow” of Cape Cod, right where the sun rises and the expansive sandy beaches seem to go on forever,” explains Compass agent Brian Dougherty, who has the listing. “There are almost no development opportunities left in Chatham, which is keeping property values steady and strong. Once a summer vacation town,” Dougherty adds, “Chatham has become more and more year-round.

The property spans a sizable two acres and is hidden up a winding drive past a tall grove of hedges on Chatham’s beloved Pleasant Bay. Dougherty describes the main house as “symmetrical” in design, “designed in the 1930’s as a shingle style Georgian colonial, with two identical wings.” Each of the main property’s bedrooms include ensuite baths and the first floor features a “Shore Room” for elegant sea viewing—which was added to the property in the early part of this century.

Dougherty, for one, is not surprised by Chatham’s robustness. “Chatham is quintessential New England, with white clapboard or shingle homes,” he explains “It’s almost entirely surrounded by water, anchored by its charming and vibrant Main Street, lined with shops, restaurants and art galleries. The town hosts one of the oldest Independence Day Parades in America.

 

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