True North Estate is an extraordinary three-acre coastal sanctuary, offering a rare convergence of absolute privacy, refined living with future expansion potential if someone so desired. Set on a prominent corner parcel, this legacy property presents a unique opportunity to create an ultimate Nantucket compound of exceptional scale and distinction. The principal residence, "Sea Lion", is a house in understated elegance and coastal sophistication. Designed for both grand entertaining and intimate retreat, the home features a luminous open-concept living space, wood burning fireplace, 4 generously proportioned bedrooms, 2.5 baths and a private outdoor shower. Four expansive decks seamlessly extend the living experience outdoors, capturing breathtaking vistas of the Atlantic Ocean and the iconic Sankaty Lighthouse. The newly constructed guest residence, "Compass Rose" (2023), exemplifies modern luxury with impeccable craftsmanship and curated design. Offering 3 bedrooms and 3 full baths, the home is enriched by bespoke finishes, an outdoor shower and two private decks that invite quiet moments of coastal serenity. A separate lower level studio with private entrance and garden provides an additional layer of exclusivity, ideal for guests while maintaining complete discretion. Every element of True North Estate has been thoughtfully composed to deliver a lifestyle of effortless elegance and distinction. Whether envisioned as a multigenerational retreat, a private enclave, or a premier investment holding, this property offers privacy, opportunity to expand and enduring coastal beauty.
For sale
Price increase: $245K (4/8)
$4,995,000
13 Parson Ln, Nantucket, MA 02554
8beds
3,244sqft
Est.:
Single Family Residence
Built in 1980
3.01 Acres Lot
$-- Zestimate®
$1,540/sqft
$42/mo HOA
What's special
Wood burning fireplaceOutdoor showerThree-acre coastal sanctuaryLuminous open-concept living spaceProminent corner parcelPrivate outdoor showerFour expansive decks
- 5 days |
- 309 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
J Pepper Frazier II,
J Pepper Frazier Co.
Source: LINK,MLS#: 92992
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Heating
- GFHA
Appliances
- Included: Stove: Yes, Washer: Yes
Features
- Ins, OSh, Floor 1: Main House: Three bedrooms can be found on the first floor. Each room is a relaxing space with a fun color scheme. Cottage: The living and dining areas are warm and inviting, with an abundance of natural light. A meticulously crafted chef’s kitchen features custom-designed Holland lacquer cabinets with rattan fronts and soft-close hinges. The hand-finished butcher block countertop, paired with green soapstone, complements the farmhouse sink beautifully. Enjoy cooking with the Electrolux Icon dual-fuel range, boasting six burners and a custom exhaust. A SubZero refrigerator, Bosch dishwasher, and stylish Signature Hardware fixtures complete this unique kitchen. Stylish custom Holland Lacquer painted bedroom currently used as a den with full bath complete the first floor., Floor 2: Main House: An open kitchen, dining, living with a wood burning fireplace. Deck is off the dining area that overlooks the Atlantic Ocean and Sankaty Head Lighthouse. Fully stocked kitchen that includes all the amenities. Off of the kitchen is a doorway that opens to a staircase leading down to the large primary en suite bedroom. Cottage: Retreat upstairs to your serene bedroom suite, complete with an ensuite bath. The spa-inspired bath features a Vintage freestanding tub, a rustic-style vanity that can easily accommodate double sinks, Restoration Hardware medicine cabinets, designer tile, European Towel warmers and copper-finished Signature Hardware fixtures. The second bedroom, currently serving as a spacious walk-in closet, is designed to fit a queen bed. Adding to the charm, the custom barn door is adorned with original artwork.
- Flooring: Hardwood
- Basement: Main House: Unfinished basement. Cottage: The lower level studio is thoughtfully designed with 11 foot ceilings, kitchenette, full bath and private walk-out garden area with outdoor shower. Sleek and stylish concrete floor with amethyst crystals designed compass point to True North.
- Has fireplace: No
- Fireplace features: 1
Interior area
- Total structure area: 3,244
- Total interior livable area: 3,244 sqft
Property
Parking
- Parking features: Yes
Features
- Exterior features: C/Tennis, Deck, Porch, Patio
- Has view: Yes
- View description: D/Oc
- Has water view: Yes
- Water view: Ocean
- Frontage type: None
Lot
- Size: 3.01 Acres
- Features: Yes
Details
- Parcel number: 103
- Zoning: LUG3
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block/Poured
Condition
- Year built: 1980
- Major remodel year: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cbl
Community & HOA
HOA
- Services included: Tennis and road maintenance
- HOA fee: $500 annually
Location
- Region: Nantucket
Financial & listing details
- Price per square foot: $1,540/sqft
- Tax assessed value: $2,748,400
- Annual tax amount: $8,601
- Date on market: 4/8/2026
- Listing agreement: E
Estimated market value
Not available
Estimated sales range
Not available
$26,685/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $4,995,000+5.2%$1,540/sqft |
Source: LINK #92992 Report a problem | ||
| 1/27/2026 | Price change | $4,750,000+3.4%$1,464/sqft |
Source: Owner Report a problem | ||
| 10/10/2025 | Price change | $4,595,000-16.5%$1,416/sqft |
Source: MLS PIN #73367264 Report a problem | ||
| 9/17/2025 | Price change | $5,500,000+19.7%$1,695/sqft |
Source: | ||
| 9/5/2025 | Price change | $4,595,000-16.5%$1,416/sqft |
Source: LINK #92169 Report a problem | ||
| 4/30/2025 | Listed for sale | $5,500,000$1,695/sqft |
Source: MLS PIN #73367264 Report a problem | ||
| 1/16/2025 | Listing removed | $5,500,000$1,695/sqft |
Source: | ||
| 11/5/2024 | Price change | $5,500,000-6.8%$1,695/sqft |
Source: LINK #91196 Report a problem | ||
| 7/18/2024 | Price change | $5,900,000-9.2%$1,819/sqft |
Source: MLS PIN #73241450 Report a problem | ||
| 5/22/2024 | Listed for sale | $6,500,000-12.2%$2,004/sqft |
Source: LINK #91196 Report a problem | ||
| 3/25/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/31/2024 | Listed for sale | $7,400,000+588.4%$2,281/sqft |
Source: Owner Report a problem | ||
| 5/5/2022 | Price change | $14,000+80.6%$4/sqft |
Source: | ||
| 4/19/2022 | Listed for rent | $7,750-77.9%$2/sqft |
Source: | ||
| 4/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/18/2021 | Listed for rent | $35,000$11/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/16/2016 | Sold | $1,075,000-10.3%$331/sqft |
Source: LINK #81075 Report a problem | ||
| 1/12/2016 | Pending sale | $1,199,000$370/sqft |
Source: Maury People Sotheby's International Realty #81075 Report a problem | ||
| 9/3/2015 | Listed for sale | $1,199,000+39%$370/sqft |
Source: Maury People Sotheby's International Realty #81075 Report a problem | ||
| 6/21/2002 | Sold | $862,500+178.2%$266/sqft |
Source: Public Record Report a problem | ||
| 10/14/1988 | Sold | $310,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,115 +6% | $2,779,100 +1.1% |
| 2024 | $8,602 +16.4% | $2,748,400 +19.3% |
| 2023 | $7,393 +24.5% | $2,303,100 +45.1% |
| 2022 | $5,938 +3% | $1,587,600 |
| 2021 | $5,763 +28.8% | $1,587,600 +22.4% |
| 2020 | $4,475 +11.3% | $1,297,200 +8.5% |
| 2019 | $4,019 -2% | $1,196,100 +3% |
| 2018 | $4,099 -8.1% | $1,161,200 -11.7% |
| 2017 | $4,458 +11.9% | $1,315,100 +10.9% |
| 2016 | $3,984 +3.9% | $1,185,600 +11.6% |
| 2015 | $3,836 -4% | $1,062,500 |
| 2014 | $3,995 -27.3% | $1,062,500 -29% |
| 2013 | $5,493 +62.2% | $1,496,600 +60% |
| 2012 | $3,386 +1.1% | $935,300 |
| 2011 | $3,348 -13.3% | $935,300 -27.1% |
| 2010 | $3,860 +13.6% | $1,282,400 +4.1% |
| 2009 | $3,399 +3.4% | $1,231,600 |
| 2008 | $3,288 +7.2% | $1,231,600 |
| 2007 | $3,067 +7.3% | $1,231,600 +22.4% |
| 2006 | $2,858 +4.5% | $1,006,200 +21.4% |
| 2005 | $2,736 +21.4% | $829,000 +15.2% |
| 2004 | $2,253 -3.8% | $719,800 +5.2% |
| 2003 | $2,341 +5.5% | $684,400 +21.6% |
| 2001 | $2,218 | $562,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$26,447/mo
Principal & interest
$25489
Property taxes
$916
HOA Fees
$42
More affordability tools
Climate risks
Neighborhood: 02554
Nearby schools
GreatSchools rating
- NANantucket Elementary SchoolGrades: PK-2Distance: 5.6 mi
- 6/10Cyrus Peirce Middle SchoolGrades: 6-8Distance: 5.6 mi
- 5/10Nantucket High SchoolGrades: 9-12Distance: 5.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Massachusetts
- Nantucket County
- Nantucket
- 02554
- 13 Parson Ln




