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Osterville Estate Overlooking Nantucket Sound Sells for $13M


We first wrote about Osterville's 459 Sea View Avenue last July when the waterfront estate hit the market asking $14,750,000. That hefty price tag made the property one of Cape Cod's most expensive listings. Not surprisingly, the seller, Philip J. Dubuque, is a former portfolio manager at Harvard Management and used to dealing with large sums of cash. Now, just 10 months later (warp speed for Blockbuster listings on the Cape), a tipster writes in to let us know that the 2.76-acre spread is under agreement and closing just in time for a new owner to enjoy the long weekend. That's right, a deep-pocketed buyer has plunked down an impressive $13,000,000 for the compound overlooking Nantucket Sound, no doubt putting this in the 2014 top twenty sales for the Cape and Islands.

· Listing: 459 Sea View Avenue, Osterville [Robert Paul Properties]
· Osterville Estate Overlooking Nantucket Sound Wants $14.75M [Curbed Cape Cod]
· Former Harvard Investment Manager Lists $15M Cape House [Curbed National]