38 Franklin Street, Unit 1
Provincetown, MA · $2,500,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

38 Franklin Street, Unit 1

Provincetown, MA 02657
$2,500,000
2 days on market · Listed Aug 13, 2026
Data refreshed Aug 13, 2026
🌊 Not in FEMA SFHA
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Type
Condo
Beds
3
Baths
3.5
Sq Ft
1,620
Acres
0.06
Year Built
2027
$ / Sq Ft
$1,543
Days on Market
2

Investment Snapshot

Monthly Carrying
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Cash Flow / yr
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Cash Required
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Projected Revenue / yr
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Occupancy
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STR Range (P50)
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Location & Nearby

Map of 38 Franklin Street, Unit 1, Provincetown MA with nearby beaches and points of interest
HThis property
  • A
    🍽️ Liz's Cafe Anybody's Bar
    0.16 mi
  • B
    🍽️ Victor's
    0.18 mi
  • C
    🍽️ Joon Bar
    0.24 mi
  • D
    🛝 Provincetown Playground
    0.25 mi
  • E
    🍽️ Sal's Place
    0.27 mi
  • F
    Flyer's Boat Yard & Rental
    0.28 mi
  • G
    🍽️ Relish Bakery & Sandwich Shop
    0.28 mi
  • H
    🍽️ Pop+Dutch
    0.28 mi

About this property

38 Franklin, Unit 1 is something the market has not seen before. Brand new construction in the quiet heart of Provincetown's most coveted stretch, it marries craftsman bones and refined finishes to a green streak the neighborhood's antique cottages can only dream of: rooftop solar, a whole-home battery, EV charging, and a whole-home generator that keeps the lights on and the kettle hot when the next nor'easter comes knocking. The three-level home lives like a single-family with a separate guest suite, 2 Beds | 2.5 Baths + 1BR | 1BA ADU. The main unit unfolds across two sun-drenched floors: an open-plan main floor with a generous kitchen, a living and dining space anchored by a gas fireplace, and a powder room; and an upper level where both bedrooms are fully en suite. Wide plank white oak flooring throughout. Outside, clapboard siding, historic sill and head casing, granite steps, and paver walkways set the tone before you cross the threshold. Three exclusive spaces round out the property: a welcoming front garden facing Creek Road, dressed in hydrangeas, hostas, ornamental grasses, and a dogwood; a private side patio with its own Franklin Street entrance, made for a quiet morning coffee or an evening at the grill; and a 175SF rear lawn, catnip for the dog crowd. Privet hedging drops the curtain on the back providing privacy. The lower level is all about flexibility. A fully finished, independently accessed one-bedroom, one-bath suite, with its own entrance, egress windows, and full separation from the main unit, plays guest quarters, in-law haven, or a rental that earns its keep. The energy package is prime: rooftop solar tied to a whole-home battery, a dedicated generator, and EV-ready deeded parking, two tandem spaces all your own, deliver resilience and sustainability rarely found this far out on the Cape. The condo structure is refreshingly lean: a shared liability policy is the lion's share of the HOA fee, leaving each owner captain of their own ship. Beneath the beauty is a home built to weather anything. Deeply insulated walls and roof hold the warmth in and the bills down, while a high-performance sheathing system wraps the place tight against Cape winters and keeps the damp firmly outside. Engineered floor joists mean solid, silent floors with nary a squeak, and a poured foundation laced with a double grid of steel gives it a footing built to outlast the tides. Completion expected March 2027. With construction still underway, there's a narrow window to make it your own. Come aboard now and there's still time to pick finishes and add custom touches before the March 2027 finish line, a chance that sails off once the work is done. This is West End Provincetown at its finest: private, efficient, beautifully made, and ready for whatever for whatever you need it to be.

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Listed by Nate Butera, Gibson Sotheby's International Realty