NOT LISTED FOR SALE
15 Beds
4 Baths
3,461 Sq Ft
8,712 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $1,450,000 $419 Per Sq Ft

3 Days on Market

About This Home

As of June 2021

Welcome to The Towers! OPPORTUNITY KNOCKS- WITH THIS VERY RARE AND UNIQUE PROPERTY. Located just one block from the beach and several blocks to Ocean Park, the ferry and downtown Oak Bluffs. This 15 Bedroom property has been utilized for the past handful of years as a licensed lodging house for employee housing. Commercially licensed to operate as: an INN/MOTEL/B&B/LODGING HOUSE. The possibilities abound with this classic Victorian home on an oversized lot for the area. Don't miss out on this very rare offering!

Last Agent to Sell the Property

Christine Rose

Martha's Vineyard Island-Wide Realty Listed on: 05/24/2021

Last Buyer's Agent

Brian Smith

Portfolio Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,000

Year Built

  • 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R1

Interior Spaces

  • 3,461 Sq Ft Home
  • Furnished
  • Crawl Space

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97
  • $414,700 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,000

Year Built

1870

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 726
  • Special Features: None
  • Year Built: 1870

Interior Features

  • Appliances: Stove: Gas
  • Full Bathrooms: 4
  • Total Bedrooms: 15
  • Interior Amenities: Floor 1: From the wrap around porch you enter into the small living room, down the hall is the large living room, kitchen, sun porch and back stairway to the second floor. This floor has 5 bedrooms and two full bathrooms., Floor 2: Offers 10 bedrooms, one with balcony, the towers room-utilized as the supply room and two full bathrooms.
  • Main Level Bedrooms: 5
  • Total Bedrooms: 19

Exterior Features

  • Pool Private: No
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: parking for 4+ cars

Utilities

  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 8712
  • Land Lease Expiration Date: 2021-12-07
  • Zoning: R1

Multi Family

  • Number Of Units Furnished: Furnished

Tax Info

  • Tax Annual Amount: 9000
  • Tax Lot: 97
  • Tax Map Number: 10
  • Tax Other Annual Assessment Amount: 414700
  • Tax Year: 2020

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

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $1,450,000 0.0% $419 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $1,450,000 +90.2% $419 / Sq Ft
05/21/2014 05/21/14 Sold $762,500 -36.5% $220 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
07/09/2013 07/09/13 For Sale $1,200,000 -- $347 / Sq Ft
Source: LINK (Vineyard)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 37618