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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 style with modern luxury. Formerly the historic Forest Beach Motel, now meticulously restored and transformed into a stylish coastal compound. Property is 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 throughout: Central heat + air in the main house, 5 energy-efficient mini-splits, upgraded electrical, plumbing, windows, doors, insulation, two cedar outdoor showers, and beyond. This is a rare opportunity to own a turnkey Cape Cod compound in a prime location. Just 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 |
| Village | South Chatham |
| County | Barnstable |
| Style | Cape |
| SQFT | 2,401 |
| Status | Available |
| Listing Number | 73414610 (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 | Full |
| Heating | Central Heat Pump |
| Cooling | Central Air Heat Pump |
| Fireplace | 1 |
Exterior Information for 72 Forest Beach Road Chatham, MA 02659 |
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| Lot Size | 0.61 acres |
| Lot Description | Level |
| Parking | Spaces: 12 |
| Lot | Level |
| 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 | |
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| Condo | Data |
|---|---|
| Units | 5,622 |
| Avg Price | $939,665 |
| Avg Days Listed | 117 |
| Total New Listings | 0 |
| House | Data |
|---|---|
| Units | 9,465 |
| Avg Price | $1,199,201 |
| Avg Days Listed | 103 |
| Total New Listings | 2 |
| Multi-Family | Data |
|---|---|
| Units | 1,927 |
| Avg Price | $1,354,292 |
| Avg Days Listed | 122 |
| 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 14 minutes ago |
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN7002/C8001689)
