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Nantucket Estate on Cliff Road Lowers Ask to $18.5 Million

Earlier this week, Nantucket debuted yet another blockbuster property destined for our map of the 20 most expensive listings on the Cape and Islands. The Squam Road oceanfront compound's $19,900,000 ask makes it the island's fifth priciest listing, a distinction that was briefly held by this recently pricechopped property at 47 Cliff Road. The 20 room, 12 bedroom, eight bath estate, known as "Vinecliff," hit the market in August for $19,500,000 and less than a month later has shaved $1 million from the price tag. This "once in a lifetime opportunity" consists of a 1900s main house, 1965 guest cottage and 1986 carriage house and is now yours for $18,500,000.

· 47 Cliff Road, Nantucket [Lee Real Estate via Trulia]
· The Cape & Islands 20 Most Expensive Listings, August '13 [Curbed Cape Cod]