$1,895,000
$100K PRICE DROP

Estimated payment $10,912/month

Total Views 7,987
3 Beds
2 Baths
2,462 Sq Ft
$770 Price per Sq Ft

About This Home

Unique, waterfront property with amazing, 180 degree views of the lagoon from one side of the property, and the Vineyard Haven Harbor on the north side of the property. Zoned both residential and commercial, rarely does such a unique property become available. Elevated above Beach Road and the lagoon, there are 2 structures on the property. The first, sited on the lagoon with private access, is a year-round home with breathtaking, expansive sunrise views up and across the lagoon. According to the Tisbury Wastewater Department, this is a 3-bedroom property. The upper level has a spacious deck overlooking the gardens and expansive views of the lagoon. The waterside patio has beautiful perennial gardens. There are many creative details throughout. Use the property as it is or complete the work the sellers have started to turn it into 3 condos: 2 residential condos and one commercial condo. The commercial building is currently used as an artist’s studio. Work needs to be done to meet building code regulations for a commercial operation. Property is connected to the town sewer and town water. Please note: This property is being sold "as is". Sellers are firm on the asking price. Buyer is responsible for completing the necessary due diligence with the town and an engineer on this unique property that offers a plethora of opportunities.

Listing Agent

Michele Moore

Island Real Estate Listed on: 06/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,999

Year Built

  • 1945

Lot Details

  • 0.27 Acre Lot
  • Property is zoned COMM

Home Design

  • 2,462 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Stove
  • Washer

Listing and Financial Details

  • Tax Lot 28.1
  • $806,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,999

Year Built

1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: Waterfront
  • Lot Features: Property is located ON the lagoon. Thoughtfully planted perennial gardens.
  • LotSizeAcres: 0.2699
  • View: Hrb
  • Co List Office Mls Id: 776
  • Building Area Total: 2462
  • Has Fireplace?: No
  • Effective Year Built: 2008
  • Year Built: 1945
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Appliances: Stove: Yes, Washer: Yes
  • Has Basement: Concrete slab for the main house. Concrete block under the commercial building, with a small space for storage - low space with a side hatch access.
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 0
  • Flooring: Pine and sub-flooring
  • Interior Amenities: Ins,OSh, Floor 2: Amazing, sweeping views of the lagoon. The second floor has an open floor plan. It is currently set-up with an artist's studio space, a living room, 2 bedrooms, and a bath.
  • Main Level Bedrooms: 2
  • Total Bedrooms: 11

Exterior Features

  • Pool Private: No
  • Exterior Features: PvtBch, Deck, WViews, Garden, PubBch
  • Foundation Details: Concrete slab in main house. Concrete block in the commercial building.

Garage/Parking

  • Parking Features: Plenty of off-street parking and a 1-car garage

Utilities

  • Heating: Electric
  • Sewer: Twn
  • Utilities: None
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 11760
  • Land Lease Expiration Date: 2026-01-02
  • Zoning: COMM

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 7999.43
  • Tax Lot: 28.1
  • Tax Map Number: 9B
  • Tax Other Annual Assessment Amount: 806400
  • Tax Year: 2025

Map

Range of Values:

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Average Value
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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

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 $9,881 $1,305,300 $806,400 $498,900
2024 $8,681 $1,087,800 $660,500 $427,300
2023 $7,786 $1,063,600 $628,900 $434,700
2022 $7,054 $810,795 $423,595 $387,200
2021 $6,984 $761,600 $466,000 $295,600
2020 $6,638 $711,495 $423,595 $287,900
2019 $6,524 $711,500 $423,600 $287,900
2018 $6,060 $641,300 $409,700 $231,600
2017 $5,649 $620,100 $409,800 $210,300
2016 $5,306 $579,300 $366,400 $212,900
2015 $4,379 $490,900 $293,200 $197,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $1,895,000 -5.0% $770 / Sq Ft
06/08/2025 06/08/25 For Sale $1,995,000 -- $810 / Sq Ft
Source: LINK (Vineyard)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Adjustable Rate Mortgage/ARM
Closed $50,000 Credit Line Revolving
Closed $100,000 No Value Available
Closed $520,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 No Value Available
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

Source: LINK (Vineyard)

MLS Number: 43405

APN: TISB-000009B-000000-000028-000001