$1,399,000

48 W Tisbury Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated payment $7,716/month

Total Views 403
3 Beds
3 Baths
1,959 Sq Ft
$714 Price per Sq Ft

About This Home

This rare multi-family residence offers a unique investment opportunity or the perfect island retreat. Whether you're looking to generate rental income, host guests, or settle into island life, this 3 bedrooms, 3 bathrooms property checks all the boxes. With lots of bonus spaces, off-street parking, a cozy backyard, and expansion potential (pending town approval) this is a truly exceptional find.
Just steps from Edgartown’s shops, restaurants, and harbor, the home sits in one of Martha’s Vineyard’s most desirable locations.

Listing Agent

Mavis Francis

eXp Realty Listed on: 08/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • 1950

Home Design

  • 1,959 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • $319,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Co List Office Mls Id: 982
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Stove: Stainless, Washer: Samsung
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Interior Amenities: OSh, Floor 1: The first floor offers convenience and comfort with a spacious living room perfect for relaxing or entertaining. It features a well-sized bedroom, a full bathroom, a functional kitchen with ample storage, and the added bonus of first-floor laundry for everyday ease. Bright, open, and easy to maintain., Floor 2: The well-appointed second-floor features 2 spacious bedrooms, a full bathroom, a cozy living room, and a functional kitchen with ample cabinet space. Enjoy the added convenience of in-unit laundry, and plenty of natural light throughout., Floor 3: attic
  • Main Level Bedrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete
  • Other Structures: shed

Garage/Parking

  • Parking Features: Off-Street

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 3920
  • Land Lease Expiration Date: 2026-08-30
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1300
  • Tax Lot: 1
  • Tax Map Number: 20C
  • Tax Other Annual Assessment Amount: 319500
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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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 $1,273 $480,500 $319,500 $161,000
2024 $1,165 $456,900 $319,500 $137,400
2023 $1,208 $479,400 $329,600 $149,800
2022 $1,547 $510,500 $329,600 $180,900
2021 $1,526 $465,100 $284,200 $180,900
2020 $1,460 $435,900 $261,200 $174,700
2019 $1,609 $415,700 $253,500 $162,200
2018 $1,240 $338,600 $230,500 $108,100
2017 $1,256 $353,900 $245,800 $108,100
2016 $1,425 $393,600 $297,000 $96,600
2015 $1,385 $399,000 $259,000 $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 For Sale $1,399,000 +294.1% $714 / Sq Ft
11/05/2014 11/05/14 Sold $355,000 0.0% $179 / Sq Ft
11/05/2014 11/05/14 For Sale $355,000 -- $179 / Sq Ft
Source: LINK (Vineyard)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Not Resolvable $355,000 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Stand Alone Refi Refinance Of Original Loan
Closed $250,000 Stand Alone Refi Refinance Of Original Loan
Open $594,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $348,570 FHA
Previous Owner $25,000 No Value Available
Previous Owner $120,900 No Value Available
Previous Owner $109,000 Purchase Money Mortgage
Source: Public Records

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Source: LINK (Vineyard)

MLS Number: 43698

APN: EDGA-000020C-000151-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

48 W Tisbury Rd, Edgartown, MA

This home is located at 48 W Tisbury Rd, Edgartown, MA 02539 and is currently priced at $1,399,000, approximately $714 per square foot. This property was built in 1950. 48 W Tisbury Rd is a home located in Dukes County with nearby schools including Edgartown Elementary School and Martha's Vineyard Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Agent
Mavis Francis
eXp Realty