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South of 28 | Renovated Beach Compound with 5 Income-Producing Suites. Just 4/10 of a mile from Nantucket Sound, this iconic South Chatham property blends classic Cape charm with modern luxury. Formerly the historic Forest Beach Motel, now meticulously restored and transformed into a stylish coastal compound—offered fully furnished and move-in ready. This unique 6-bedroom, 5-bath offering fully renovated in 2023, includes a beautifully renovated main house plus four private guest suites—each with separate entrances, full bathrooms, and well-equipped kitchenettes. Highlights include new HVAC systems: Central heat + air in the main house, 5 energy-efficient mini-splits, upgraded electrical, plumbing, windows, doors, insulation, two cedar outdoor showers, perfect for beach days and much more. This is a rare opportunity to own a turnkey Cape Cod compound in a prime location—steps from the beach, rich in history, and ready to generate income from day one.
General Information for 72 Forest Beach Road Chatham, MA 02659 |
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Town | Chatham |
County | Barnstable |
Style | Cape |
SQFT | 2,401 |
Status | Available |
Listing Number | 73383201 (MLSPIN) |
Rooms Information for 72 Forest Beach Road Chatham, MA 02659 |
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Interior Information for 72 Forest Beach Road Chatham, MA 02659 |
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Basement | Partial Walk-Out Access |
Heating | Baseboard Oil Natural Gas |
Cooling | Wall Unit(s) |
Exterior Information for 72 Forest Beach Road Chatham, MA 02659 |
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Lot Size | 0.61 acres |
Lot Description | Cleared |
Parking | Spaces: 8 |
Lot | Cleared |
Water | Public |
Sewer | Private Sewer |
Neighborhood Information for 72 Forest Beach Road Chatham, MA 02659 |
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Miscellaneous Information for 72 Forest Beach Road Chatham, MA 02659 |
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Year Built | 1953 |
Association Fee | 0 |
Taxes | $4,029 /Yr |
Comp | Buyer Agency Compensation: Buyer Agency Compensation Type: Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On: Sub-Agency Relationship Offered: |
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Condo | Data |
---|---|
Units | 7,304 |
Avg Price | $977,506 |
Avg Days Listed | 87 |
Total New Listings | 0 |
House | Data |
---|---|
Units | 13,540 |
Avg Price | $1,285,088 |
Avg Days Listed | 70 |
Total New Listings | 9 |
Multi-Family | Data |
---|---|
Units | 2,098 |
Avg Price | $1,297,498 |
Avg Days Listed | 94 |
Total New Listings | 0 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
Address | Closing Date | List Price | Closing Price | % of List Price |
---|---|---|---|---|
2515 Main Street Chatham, MA 02659 |
12/13/2024 | $4,199,900 | $4,000,000 | 95% |
111 Pleasant Street Chatham, MA 02659 |
12/06/2024 | $1,675,000 | $1,615,000 | 96% |
235 Morton Road Chatham, MA 02659 |
11/26/2024 | $675,000 | $665,000 | 99% |
42 Old Village Road Chatham, MA 02659 |
11/06/2024 | $700,000 | $750,000 | 107% |
137 Middle Road Chatham, MA 02659 |
10/22/2024 | $995,000 | $915,000 | 92% |
1 Williams Way Chatham, MA 02659 |
10/21/2024 | $1,951,929 | $1,945,604 | 100% |
135 Holly Drive Chatham, MA 02659 |
10/18/2024 | $749,000 | $690,000 | 92% |
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Listing: 1 of 1 | Updated 11 minutes ago |