This unique property has extraordinary protected water views of Town, Nantucket Harbor, Coatue and Great Point, plus breathtaking sunsets across Nantucket Conservation Land.   The buyer has the option to build a  brand new “Lyman Perry”  designed new home, while preserving existing  charming, Nationally published cottage as a guest home plus a garage/studio, swimming pool and or tennis court- Or to live in the home and cottages “as is”.  This property has approved plans for a new four bedroom main house, two bedroom guest cottage,  garage, and the possibility of a swimming pool and/or a tennis court -  including HDC Approval. “As is” or if new project is to be postponed - The existing comfortable home with a studio and garage/apartment are sited on a spacious one acre parcel, surrounded by 60 acres of Nantucket Conservation Land, is but a mile from town and features first floor panoramic water views and open living spaces.