$2,550,000
SOLD OCT 2, 2025

10 Mollys Way Chilmark, MA 02535

Chilmark Neighborhood
3 Beds
2 Baths
1,524 Sq Ft
8,713 Sq Ft Lot

Recently Sold

$1,673 Per Sq Ft

14% Below List Price

130 Days on Market

About This Home

As of October 2025

The Salt Shack merges historic preservation with modern updates in Menemsha. Designed by husband-and-wife luxury boutique design firm, Morgan Studio, the renovation of this 100-year-old ocean view cottage preserves its charm and historical integrity while incorporating contemporary design elements to enhance both comfort and aesthetics. Nestled behind Menemsha Pond, the cottage boasts a prime location for watching incredible sunsets over the pond to the ocean beyond and strolling into town for beach-going, fishing, boating, shopping, and dining. The layout and flow of the spaces feature captivating views from many vantages, and all new windows enhance natural light and views. The refined palette and materials reflect the natural surroundings and match the experience of Menemsha living. With modern forced air cooling and heating and a fully insulated structure, the property can be enjoyed year-round. Additionally, the ground level suite is the ideal complement to the two upper floors, providing a private retreat for family and friends. A turnkey ocean-view offering, the Salt Shack presents a rare opportunity to enjoy a stunning escape to the authentic fishing village of Menemsha.

Last Agent to Sell the Property

Peyton Wallace

Studio Realty Listed on: 03/10/2025

Last Buyer's Agent

Jill Napior

Tea Lane Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1926 | Remodeled in 2024

Lot Details

  • 8,713 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 1,524 Sq Ft Home
  • Screened Porch
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • $1,074,300 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,213

Year Built

Built in 1926 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Yes
  • LotSizeAcres: 0.2
  • Co List Office Mls Id: 1053
  • Building Area Total: 1524
  • Has Fireplace?: No
  • Effective Year Built: 2024
  • Year Built: 1926
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1926
  • Year Renovated: 2024

Interior Features

  • Appliances: Stove: Gas, Washer: 2
  • Has Basement: Finished walkout basement space completely renovated and configured as a gorgeous bedroom suite with oversize bathroom and private laundry. Entrance to the suite is direct from the parking area.
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood Floors
  • Interior Amenities: AC,Ins, Floor 1: Open and sun-filled living room and kitchen with windowed seating nook. Laundry room adjacent to rear door of the home., Floor 2: Two high ceilinged bedrooms with hall landing and beautiful new full bathroom.

Exterior Features

  • Pool Private: No
  • Exterior Features: PubBch, ScrPorch, WViews

Garage/Parking

  • Parking Features: Peastone Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 8713
  • Zoning: RES

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Lot: 56
  • Tax Map Number: 27.1
  • Tax Other Annual Assessment Amount: 1074300
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Sep 25, 2025
Sold by
Morgan Nathaniel P and Morgan Lauren E
Bought by
Mollys Way Rt and Savage
Seller's Agent
Peyton Wallace
Studio Realty
Buyer's Agent
Jill Napior
Tea Lane Associates
List Price
$2,950,000
Sold Price
$2,550,000
Premium/Discount to List
-$400,000
-13.56%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.08%

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 26, 2023
Sold by
Huber Thomas
Bought by
Morgan Nathaniel P and Morgan Lauren E
Seller's Agent
Deb Hancock
Hancock Real Estate
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.93%
Original Mortgage
$1,050,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,550,000 --
Quit Claim Deed $1,400,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,050,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 Sold $2,550,000 -13.6% $1,673 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $2,950,000 +110.7% $1,936 / Sq Ft
05/26/2023 05/26/23 Sold $1,400,000 -3.4% $919 / Sq Ft View Prior Sale
04/02/2023 04/02/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $1,450,000 -- $951 / Sq Ft
Source: LINK (Vineyard)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,213 $1,428,200 $1,101,200 $327,000
2024 $3,151 $1,486,500 $1,074,300 $412,200
2023 $2,855 $1,085,400 $772,400 $313,000
2022 $2,843 $1,008,000 $772,400 $235,600
2021 $2,827 $971,600 $772,400 $199,200
2020 $2,724 $952,600 $757,300 $195,300
2019 $2,693 $935,200 $757,300 $177,900
2018 $2,572 $935,200 $757,300 $177,900
2017 $2,497 $931,700 $757,300 $174,400
2016 $2,516 $928,300 $757,300 $171,000
2015 $1,975 $750,800 $581,200 $169,600
2014 $1,995 $804,300 $763,200 $41,100
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Peyton Wallace

    Studio Realty

  • J

    Buyer's Agent in 2025

    Jill Napior

    Tea Lane Associates

  • D

    Seller's Agent in 2023

    Deb Hancock

    Hancock Real Estate

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 42953

APN: CHIL-000271-000000-000056

Massachusetts Dukes County Chilmark 02535 Chilmark

10 Mollys Way, Chilmark, MA

Sold

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