$5M condo shatters Provincetown's real estate record

Picture this: You live in Provincetown, one of America's most desirable residential areas, and watch a condo in your neighbourhood sell for a record $3.9 million. You joined the celebrations, shook hands with the new neighbour. But then, nearly two weeks later, the condo next door sells for an even more staggering $5 million, making it the most expensive purchase in the area.That’s exactly what happened in Provincetown recently, when the neighbourhood's escalating luxury game reached a fever pitch. Two stunning condos on the same bucolic West End street, separated by mere feet, shattered records in just fourteen days, with the second deal obliterating the first by over a million bucks! The $5 million condo was a three-bedroom contemporary home designed as a personal retreat.Both properties were developed by local restaurateur Victor DePoalo, who understood the demand for modern homes in a town known for its Victorian-style houses. The condos were listed by agent Thomas Andrews of Gibson Sotheby's International Realty.What the $5 million condo hasPic credit: Nauset mediaThe three-bedroom residence at 170 Bradford Street was sold for $5 million on September 1, according to Realtor.co...