$1,750,000

5 Gray Avenue Lot 178 Nantucket, MA 02554

Estimated payment $10,965/month

0.45 Acre
$3,928,171 Price per Acre
19,406 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 178 is the premier parcel—an expansive 19,406± SF, level and fully cleared lot that offers significant design flexibility and estate-style potential. With nearly double the land area of the front lots, this homesite can accommodate a main house, guest house, pool, and generous outdoor spaces (subject to approvals). Its central location provides easy access to Surfside, Town, and island amenities while delivering rare scale in a quiet Mid-Island setting.

Listing Agent

Peter Engen

Lee Real Estate Listed on: 11/28/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Property is zoned R10

Property Views

  • Pasture Views

Listing and Financial Details

  • Tax Lot 178
  • Assessor Parcel Number 320

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: 0.4455
  • 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: 19406
  • Parcel #: 320
  • Zoning: R10

Green Features

Multi Family

Tax Info

  • Tax Lot: 178
  • 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 $1,750,000 -- --
Source: LINK

Source: LINK

MLS Number: 92760

Massachusetts Nantucket County Nantucket 02554

5 Gray Avenue Lot 178, Nantucket, MA

For Sale

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Nearby Homes
Listing Agent
Peter Engen
Section Image
Lee Real Estate
(508) 731-3684