What you can get for $1-2 million on Cape Cod

Cape Cod buyers seeking $1–2 million are increasingly paying for land scarcity and proximity to the water, with location and condition pushing homes above the $1 million mark, brokers say. Real estate professional Joe Hartung of Gibson Sotheby’s in Chatham notes the peninsula is “finite,” and prices often rise where walking access to beaches and views of the bay or ponds are available. Bob Sheldon of RE/MAX in Eastham says waterfront values can start “with a two or a three,” varying by town, with Wellfleet, Truro, and Chatham among the priciest. The article also flags worsening beach erosion, including reconstruction or demolition in Truro, and lists several properties with prices, tax figures, and sale history.