Waterfront Chatham Estate Sells For $14.7 Million

By: Cape Cod Chronicle

The estate at 97 Tilipi Run, on Morris Island in Chatham, as seen from above. It told recently for $14,750,000 million. COURTESY PHOTO

CHATHAM – A waterfront estate on Morris Island was the highest-selling real estate property in town during 2018.

The two-acre parcel at 97 Tilipi Run sold for $14,750,000, according to the Barnstable County Registry of Deeds. The property contains a 10,915-square-foot, six-bedroom house as well as a 1,197-square-foot, two-bedroom guest house. The property was sold by Mary Holmes of Longboat Key, Fla,, trustee of 97 Tilipi Run Nominee Trust, to Brian W. Monnich, trustee of TR 97 Nominee Trust, which lists a Boston address. The sale closed Dec. 12.

The second highest sale in town last year also involved property on Morris Island. A home at 67 Wilkey Way, just down the road from Tilipi Run, sold for $12,750,000 in October, according to Director of Assessing Dale Kelley.

In a press release, Kinlin Grover Real Estate, which sold the Tilipi Run property, said it was the fourth largest sale in the state for 2018, and the highest on Cape Cod in five years. That assertion could not be independently verified. The home was listed by Paul Grover of Robert Paul Properties; Ted Williams of Kinlin Grover represented the buyer.

The Morris Island home has water views from almost every room and a private beach protected by a rock revetment. According to the town's assessing records, it was built in 2006, has six full baths and three half baths. Its assessed value is $11,216,500.