$1,395,000

5 Gray Avenue Lot 176 Nantucket, MA 02554

Estimated payment $8,740/month

0.24 Acre
$5,878,635 Price per Acre
10,340 Sq Ft Lot

About This Lot

5 Gray Avenue is a three-lot subdivision in R-10 zoning, which allows for 20% ground cover.
Lot 176 is a 10,340 square foot, perfectly flat and fully cleared parcel offering an efficient building envelope for a main house, cottage, and pool (subject to approvals). Centrally located mid-island, the property provides quick access to Surfside beaches, Nantucket Town, and mid-island amenities. This lot presents an excellent opportunity for end-users or builders seeking value and upside in a convenient location.

Listing Agent

Peter Engen

Lee Real Estate Listed on: 11/28/2025

Property Details

Property Type

  • Land

Lot Details

  • 10,340 Sq Ft Lot
  • Property is zoned R10

Property Views

  • Pasture Views

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number 3202

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: None
  • Lot Size Acres: 0.2373
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Possible Use: 34507-30

Exterior Features

  • Pool Private: No
  • View: None, Pasture

Utilities

  • Sewer: Twn
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 10340
  • Parcel #: 3202
  • Zoning: R10

Green Features

Multi Family

Tax Info

  • Tax Lot: 176
  • Tax Map Number: 67

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2025 11/28/25 For Sale $1,395,000 -- --
Source: LINK

Source: LINK

MLS Number: 92758

Massachusetts Nantucket County Nantucket 02554

5 Gray Avenue Lot 176, Nantucket, MA

For Sale

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Listing Agent
Peter Engen
Section Image
Lee Real Estate
(508) 938-8946