$665,000
$70K PRICE DROP

147 Red Buoy Ln Unit 2.1 Tisbury, MA 02568

Estimated payment $4,338/month

Total Views 2,041
0.6 Acre
$1,108,333 Price per Acre
26,136 Sq Ft Lot

About This Lot

Embrace the Essence of Martha's Vineyard on Red Buoy Lane. This idyllic vacant lot in Vineyard Haven offers a gateway to serene island living. Once you build your dream home, you will able to explore nature just steps away. Nearby there are two Lagoon access points for kayaking and swimming, as well as walking trails within the Martha's Vineyard Land Bank and Sheriff's Meadow properties. Enjoy the peace of a rural setting, yet remain conveniently close to the ferry and vibrant downtown Vineyard Haven. Design your home with a walk-out basement, maximizing natural light and living space. Benefit from the Massachusetts ADU law and build an accessory apartment or guest house with no waiting period. The Board of Health confirms there is no limit on the number of bedrooms with the required enhanced septic system - you just need to comply with zoning setbacks. Seize this extraordinary chance to make a shrewd investment and build your legacy on Martha's Vineyard. Note: This is the last vacant lot available in the now established subdivision. Disclosure: Listing Broker is property owner.

Listing Agent

Idalyn Macchia Gilstad

Wallace & Co. Sotheby's Listed on: 03/25/2025

Map

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Co List Office Mls Id: 741
  • Special Features: None

Interior Features

  • Possible Use: Yes - Land Court

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 26466
  • Land Lease Expiration Date: 2025-08-01
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 4554
  • Tax Lot: 2.1
  • Tax Map Number: 14B
  • Tax Other Annual Assessment Amount: 570700
  • Tax Year: 2025

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $665,000 -9.5% --
03/25/2025 03/25/25 For Sale $735,000 -- --
Source: LINK (Vineyard)

Source: LINK (Vineyard)

MLS Number: 42926