Select Board accepts deed for 9 Goldfinch, citing municipal housing need

5406719 · January 3, 2025

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Summary

The board accepted the deed and settlement statement for the town's planned purchase of a three-bedroom home at 9 Goldfinch Drive for $1.9 million to house municipal employees.

The Nantucket Select Board voted unanimously July 16 to accept the deed and settlement statement for the town’s planned purchase of 9 Goldfinch Drive for $1,900,000, a property the town previously approved for purchase at the April 2 meeting and funded at the 2025 annual town meeting.

Tracy McDonald, the town’s real estate manager, presented the deed and settlement statement and said the transaction is scheduled to close with the seller on July 23, 2025. McDonald said the property is a three-bedroom, three-bath single-family home centrally located with access to public transportation and will be used to house municipal employees who do not otherwise qualify for other housing inventory.

McDonald said the purchase supports town goals of recruiting and retaining essential staff, securing year-round occupancy, and advancing the strategic plan on housing and efficient town operations. Town counsel reviewed and approved the transactional documents, and Housing Director Christy Ferrantello was present for questions.

A motion to accept the deed and settlement statement and authorize delivery of transactional documents passed on a unanimous roll-call vote of the four board members present.