$1,695,000
$105K PRICE DROP

Estimated payment $10,039/month

Total Views 7,699
4 Beds
2 Baths
1,592 Sq Ft
$1,065 Price per Sq Ft

About This Home

Attention Developers and Island Lovers! Take note of this rare opportunity in a prime West Tisbury Location with new price! This mid-century home with excellent bones fronts on Seth's Pond, a beloved locale perfect for swimming, paddle-boarding, and kayaking. 5 Scotty's Lane has an existing 4-bedroom main house with the first floor and lower walk-out level equaling 2,704 of finished space. This does not include the enormous porch where one takes in breathtaking views of the pond. In addition, there is a detached structure which is a perfect candidate for a 1-bedroom ADU. Located on a highly desirable stretch of Lambert's Cove Road, the 1.4 acre lot, flanked by stone walls and pond grasses, is a short stroll to the pristine, town-owned Lambert's Cove Beach where one can enjoy swimming, beach-walking, and sunsets over the water. These structures are blank canvases requiring renovation, but the rewards are undeniable. Seize this chance to create a coastal haven on Martha's Vineyard! Disclosure: At new price of $1,695,000, seller will pay for a 4BR septic upgrade.

Listing Agent

Idalyn Macchia Gilstad

Wallace & Co. Sotheby's Listed on: 05/23/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,132

Year Built

1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 741
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Possible Use: Yes
  • Appliances: Stove: yes, Washer: yes
  • Has Basement: 1, 112 square feet of additional finished space. And walk out access to the pond.
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: yes
  • Interior Amenities: Ins,OSh, Floor 1: Living, foyer, kitchen, dining, primary bedroom with a private half bath, three more bedrooms, one full shared bathroom., Floor 2: None, Floor 3: None
  • Main Level Bedrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool Private: No
  • Foundation Details: yes
  • Other Structures: Possible ADU

Garage/Parking

  • Parking Features: yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 62290
  • Land Lease Expiration Date: 2025-10-19
  • Zoning: RU

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 8132
  • Tax Lot: 58
  • Tax Map Number: 7
  • Tax Other Annual Assessment Amount: 1357730
  • Tax Year: 2025

Range of Values:

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Average Value
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Sold Price
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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 $8,132 $1,795,100 $1,357,700 $437,400
2024 $7,463 $1,735,500 $1,318,400 $417,100
2023 $7,441 $1,706,700 $1,312,800 $393,900
2022 $6,701 $1,151,300 $823,300 $328,000
2021 $6,173 $1,012,000 $724,500 $287,500
2020 $1,665 $996,000 $706,100 $289,900
2019 $5,996 $970,200 $706,100 $264,100
2018 $5,659 $933,900 $667,600 $266,300
2017 $5,620 $941,300 $699,700 $241,600
2016 $5,267 $869,100 $660,300 $208,800
2015 $5,023 $879,600 $660,300 $219,300
2014 $5,740 $1,061,000 $837,200 $223,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,695,000 -5.8% $1,065 / Sq Ft
05/23/2025 05/23/25 For Sale $1,800,000 -- $1,131 / Sq Ft
Source: LINK (Vineyard)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

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Source: LINK (Vineyard)

MLS Number: 43098

APN: WTIS-000007-000058