The Matthews Hospitality Group has announced via press release that two model residences in its Point Breeze development are open for viewing. Half of the 29 private residences within walking distance of Nantucket's cobbled downtown are already under agreement. (Because Nantucket real estate, like the island's timeless preppy togs, simply defies market trends.) Each owner will receive complimentary membership to Point Breeze's "ultra-elite" club, which features world-class spa, fitness center, outdoor swimming pool, tennis courts, five-star dining and concierge service. Nantucket property owners and frequent visitors can join in the fun by becoming members of the Club at Point Breeze.

A one-bedroom condo in the historically-inspired development starts at $1.5 million. The company has also broken ground on a similar project on Palm Beach Island, meaning your summers and winters are now covered.

With the passing of Memorial Day, tourist season is officially in swing on Cape Cod and the Islands. Just in time for summer visitors, a new private club and condominium complex will be opening a sales office and model residences to tempt those interested in a more permanent place to vacation. Point Breeze in Nantucket Town will offer Nantucket residents with their own homes a place to play at the Club at Point Breeze, a club with a spa, fitness center, restaurant, swimming pool, tennis courts and wine tasting room. The Residences at Point Breeze will be 32 shingled one and two bedroom condo units including six cottages. The homes include club membership and start at $1 million each. The $100 million project is being created by the Matthews Hospitality Group which is also behind another new luxury property, The Palm House in Florida. Phase One of Point Breeze will open in 2008.