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$2.265M in Ptown: The Original Provincetown Playhouse

Where: 571 Commercial Street, Provincetown
Sale Price: $2,265,000
Sale Date: March 22, 2013
Bedrooms/Baths/Sq. Ft.: 5/4/2,757
Lot Size: .12
The Skinny: It took over two years and three meetings with the pricechopper to get this Provincetown property sold. The waterfront listing with private steps to the beach first hit the market in January 2011 for $3,250,000, having previously changed hands in 2003 for $2,700,000. We wrote about the five bedroom, built in 1900 and the original site of the Provincetown Playhouse, last July when it was asking $2,599,000. In August, the pricechopper returned to slice another $100K off the ask (perhaps the chopper took a few minutes to make those linenless beds as well). At long last, the rather lovely property sold in March for $2,265,000, a whopping $435K less than it sold for in 2003.
· 571 Commercial Street, Provincetown [Zillow]
· Five Cape And Island Neighborhoods, Five Converted Spaces [Curbed]