Waterfront and Resort Living: Chatham, Massachusetts



By Monica Cavanaugh

Photos courtesy of Pine Acres Realty

The standard set forth by Cape Cod—that singular aura of classic Americana with an entire style of architecture named after the shingled, shuttered beauties lining its coast—is something many beach communities only dream of reaching.

Chatham, sitting pretty at the elbow of the Cape, with Nantucket Sound on one side and the Atlantic on the other, lives up to the hype.

“It’s a quintessential New England town,” says Chris Rhinesmith, co-owner of Pine Acres Realty. On Friday nights, people gather and dance at the bandstand shows in the midst of downtown. A summer baseball league delights fans young and old. Vibrant shops and restaurants line historic streets. In the distance, sailboats dot the deep blue harbor.

Though Chatham has a year-round population of just 6,000, the summer months see the numbers top 30,000, which makes the seaside town a go-to for investors and shore-lovers alike.

With Boston and its suburbs just 90 minutes away, Rhinesmith says many of his buyers are looking for second homes that they can enjoy for leisurely vacation time, and then rent for the remainder of the season.

“We handle 250 different properties that we rent for owners,” he says. Those buyers, whose waterfront purchases average between $2 million and $5 million, are seeing excellent returns on their investments, with rental rates ranging from $5,000 to $15,000 per week.

The seaside town is, of course, immensely boater-friendly, boasting four marinas within its borders. However, thanks to a 1987 moratorium on berth-building, “dockage is rare,” says Rhinesmith. “It’spretty coveted if you can find a place with a dock.”


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Posted by: Admin
Posted on: 11/18/2014 at 4:12 PM
Categories: duPont Marketplace | Luxury Real Estate
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Nevada Marketplace - Las Vegas

By Natalie Watson

Photos courtesy of Tyrone Boyer, TBSCommercial Photography

It’s easy to be distracted by the bright lights of the Strip, but that’s not all Las Vegas, Nevada has to offer. The city offers an incredible range of options for those who call it home. From high-rise living on the Strip, to settling in a suburban neighborhood with tree-lined streets or one of the numerous luxury country club communities, Las Vegas offers residents endless amenities and close proximity to world-class entertainment, dining and fun.

There is no challenge in defying the stereotype of how living in Las Vegas is perceived. “While the Strip lives up to its reputation as the epicenter of world-class fun, the traditional communities and neighborhoods outside the Strip never cease to surprise visitors and those considering calling Las Vegas ‘home,’” says Tanya Murray, an agent with Realty Executives of Nevada in Las Vegas. The beautiful parks, walking trails, fantastic locally owned restaurants and farmers’ markets make living in Las Vegas an experience of endless options.

Many people are unaware of the exceptional outdoor recreation options that Las Vegas has to offer, including skiing at Mount Charleston, only a 45-minute drive away, and hiking and mountain biking through the Red Rock Conservation Area. Las Vegas is also centrally located in the American Southwest, with easy travel to South California, Arizona and other great weekend destinations.

One of the biggest allures to Vegas living is Nevada’s tax friendliness, including no state income tax and no estate tax. “Even in the luxury market, the real estate prices can’t be beat in comparison to other luxury markets, like Los Angeles, Beverly Hills, Chicago and New York,” says Murray. Currently, the luxury market in Las Vegas is strong and seeing consistent sales activity, making this destination a real estate jackpot for buyers.

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Posted on: 11/10/2014 at 4:13 PM
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Florida Luxurious Properties - Fabulous Fort Lauderdale

By Monica Cavanaugh

Photos courtesy of Florida Luxurious Properties

Fort Lauderdale, with its pulsing downtown and cerulean sea, has long enjoyed a reputation as a haven for those whose souls are divided between city and surf. It also ranks among the world’s yachting capitals.

“All of these wonderful, navigable waterways are home to some of the world’s most beautiful yachts of all sizes,” says Julie Jones-Bernard, Broker Owner of Florida Luxurious Properties.

Like its neighbor Miami, Fort Lauderdale is enjoying a multicultural explosion with access to waterways acting as a compelling draw. Proximity to the Keys and Bahamas, the deepening and widening of the Intracoastal Waterway and the expansion of direct flights from Europe to Fort Lauderdale International Airport are further drawing boating enthusiasts from all over the globe.

Foreign buyers are filling up luxurious homes and estates between the beach and fabulous Las Olas’ shopping. Many are increasingly making the move permanent, choosing to call this tropical metropolis home—and home port for their mega and super-yachts.

Such opulent vessels, spanning a minimum of one hundred feet in length, can comfortably dock alongside a stunning assortment of fabulous waterfront residences.

Jones currently has three such homes in her inventory, ranging in style from Key West to Mediterranean, and in price from three to fifteen million dollars.

A member of the Florida Yacht Brokers Association, Jones enjoys pairing sea-faring customers with their ideal waterfront abodes.

“It’s not unusual for me to work with the yacht broker, or a captain to identify a property just for boat dockage.”

Such a wealth of fine floats means Fort Lauderdale is well-equipped with all manner of yachting services, from technology to provisions.

“We have more people than ever looking at south Florida,” says Jones. Especially after last year’s harsh winter, the year-round sunshine, stellar diving, incomparable deep-sea fishing and a thriving urban experience make for a true boaters’ paradise.

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Posted by: Admin
Posted on: 11/3/2014 at 12:31 PM
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