The Real Estate Assessment Committee of Nantucket convened on February 10, 2025, to discuss a property division proposal concerning 3 Mass Court Avenue. The meeting began with Tracy introducing the topic, highlighting the complexities involved in the proposed transaction.

Arthur, representing the current owners of the property, elaborated on the plan to split the existing lot, which spans approximately 126,000 square feet, into two separate parcels. Lot 1 will consist of 160,001 square feet and will comply with local zoning regulations, allowing for the construction of a new building. The existing structure on Lot 1 is slated for removal.

Lot 2, measuring 48,627 square feet, does not meet the minimum lot size requirements for zoning compliance. Arthur explained that this lot will be conveyed to the owner of the adjacent property at 7 Mass Court, which is approximately 40,000 square feet. The merger of Lot 2 with the adjacent lot will create a conforming parcel, thus maintaining the overall number of building lots in the area.

The committee discussed the necessity of obtaining permission from the select board to finalize the transfer, as the property includes yard sale parcels governed by specific deed provisions. Arthur emphasized that the proposed changes would not alter the total number of building lots but would merely adjust the lot lines between the properties.

The meeting concluded with a clear understanding of the implications of the proposed property division, with the next steps involving formal approval from the select board to proceed with the transaction.