Martin House Inn Sold For $6.3 Million

The Martin House Inn was sold late Monday afternoon to FP Martin House LLC for $6,337,500 million. The buyers are real estate investors Alexander Leventhal, Jeremy Leventhal, and Elliot Gould. The trio are the founders and current owners of the Greydon House on 17 Broad Street.

Lisa Soeder, manager of Nantucket Realty, LLC, has owned the inn since 2002. She told the Current she fell in love with the home the second she laid her eyes on it.

“It has been a privilege to be a steward of this 218 year old sea captain’s home,” Soeder said. “I loved the Martin House from the moment I first walked through its doors. My appreciation of its history and elegance has never wavered in the nearly 20 years I have been entrusted with it.”

FP Martin House LLC will be part of the Greydon Hotel Group, founded five years ago and managed by these three real estate investors. None of the three immediately returned a message seeking a comment on the purchase.

The hotel sits on .24 acres of land in the heart of town at 61 Centre Street next to the Centerboard Inn and across the street from American Seasons.

The Inn has seen plenty of change over the years.

The land was originally acquired in 1692 by William Worth from a Nantucket Indian named Wassaqual. Worth passed the property down to his son Matthew, who eventually passed it down to Nathaniel Sherman and Sherman’s bride Hepsabeth in the early 1800s.

Sherman built the home in 1803 for Hepsabeth so they could have a place to raise their six children. It wasn’t until the 1920s that the home was opened to the public as the Wonoma Inn. In 1941, it became the Martin Guest House.

Soeder said she is excited to see what the future has in store for it and believes she has left it in excellent hands.

“Letting go is never easy, but it is with a mixture of joy and excitement that I relinquish this property and our guests to the extraordinary Greydon Hotel Group,” she said. “I am confident in their vision and aesthetic and in their ability to take the Martin House to the next level of warmth, comfort and hospitality.”

This story will be updated.

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