Miacomet is primarily a residential area, rural in nature.? The old Miacomet Raceway (dirt track, pony harness racing) was replaced by more affordable building lots for a growing year-round need in the 1980?s.? Miacomet also encompasses the area that fronts on Miacomet Pond and is home to the only public 18 hole golf course on Nantucket.? It is an area that was historically agricultural and there are still a number of small farms, greenhouses and horses.? The best news to come out of this year?s Town Meeting is that the Cisco bike path will serve residents of parts of Miacomet as well.?? Many of the homes in the Miacomet area are modest in size and enjoy access to the island shuttle system.
There were 12 property sales in Miacomet in 2011. The least expensive sale was $408,000 for a 3 bedroom/2 bath home located at 45 Miacomet Avenue.? The property had been listed for 19 days at $465,000.? The highest price paid for a property in Miacomet was $6,000,000 paid by the Nantucket Island Land Bank for nearly 30 acres of vacant land located at 70 Miacomet Road.? The average selling price for Miacomet was $1,286,958 and the median selling price was $735,250.? For the Miacomet area, it took an average of 257 days to sell a property in 2011, slightly shorter than the market as a whole.
At this time there are 19 properties listed for sale in Miacomet, 5 of which are parcels of vacant land.?? The land ranges from $511,000 for 112 Somerset Road to $795,000 for 13 Swayze?s Drive.? The least expensive house currently on the market in the area is 9 Miacomet Avenue, listed at $399,999 and it has been for sale for 1028 days.? It is a 3 bedroom, 3 bath home on a small lot.? The priciest listing in Miacomet is 12 Pond View Drive, at $2,150,000, a 1.80 acre property with two dwellings on it located near the ocean beach.? The average list price in Miacomet is $967,263 and the median list price is $795,000.? The average days on the market is 212 days, lower than the market average. Please contact your Atlantic East Nantucket Real Estate broker for more information about Miacomet or any other area on Nantucket.
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