$1,000,000
SOLD JAN 13, 2026

48 W Tisbury Rd Edgartown, MA 02539

Edgartown Neighborhood
3 Beds
3 Baths
1,959 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$510 Per Sq Ft

29% Below List Price

86 Days on Market

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Mavis Francis

eXp Realty Listed on: 08/31/2025

Last Buyer's Agent

Mavis Francis

eXp Realty Listed on: 08/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1950 | Remodeled in 2015

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
  • Assessor Parcel Number 151
  • $319,500 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 1950 | Remodeled in 2015

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi Family
  • Lot Features: a cozy, inviting outdoor space perfect for relaxing or entertaining
  • LotSizeAcres: 0.09
  • Co List Office Mls Id: 982
  • Building Area Total: 1959
  • Has Fireplace?: No
  • Effective Year Built: 2015
  • Year Built: 1950
  • Parcel #: 151
  • reviewed: Yes
  • Special Features: None
  • Year Built: 1950
  • Year Renovated: 2015

Interior Features

  • Appliances: Stove: Stainless, Washer: Samsung
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1
  • Flooring: 2
  • 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

Exterior Features

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

Garage/Parking

  • Parking Features: Off-Street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3920
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2025
Closed on
Jan 13, 2026
Sold by
Francis Ralston K and Francis Mavis M
Bought by
Peart Ryon
Seller's Agent
Mavis Francis
eXp Realty
Buyer's Agent
Mavis Francis
eXp Realty
List Price
$1,399,000
Sold Price
$1,000,000
Premium/Discount to List
-$399,000
-28.52%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
911.43%
Original Mortgage
$981,887
Outstanding Balance
$981,887
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$433,061

Purchase Details

Closed on
Jan 31, 2020
Sold by
Francis Ralston K and Francis Mavis M
Bought by
Francis Ralston K and Francis Mavis M

Purchase Details

Listed on
Nov 5, 2014
Closed on
Oct 24, 2014
Sold by
Wilds Douglas J
Bought by
Sinclair Mavis H and Francis Ralston
Seller's Agent
LINK Email Cache
LINK
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$348,570
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1999
Sold by
Vega Randall F
Bought by
Wilds Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.19%
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
Quit Claim Deed $1,000,000 --
Quit Claim Deed -- None Available
Quit Claim Deed $355,000 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $981,887 New Conventional
Previous Owner $348,570 FHA
Previous Owner $120,900 No Value Available
Previous Owner $109,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2026 01/13/26 Sold $1,000,000 -25.9% $510 / Sq Ft
11/25/2025 11/25/25 Pending -- -- --
10/10/2025 10/10/25 Price Changed $1,350,000 -3.5% $689 / Sq Ft
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 View Prior Sale
11/05/2014 11/05/14 For Sale $355,000 -- $179 / Sq Ft
Source: LINK (Vineyard)

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

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    Mavis Francis

    eXp Realty

  • L

    Seller's Agent in 2014

    LINK Email Cache

    LINK

See All Agents

Map

Source: LINK (Vineyard)

MLS Number: 43698

APN: EDGA-000020C-000151-000001

Massachusetts Dukes County Edgartown 02539 Edgartown

48 W Tisbury Rd, Edgartown, MA

Sold

MultiFamily

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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