P
Seller's Agent in 2025
Paula Maloney
William Raveis Nantucket
(508) 332-8412
14 in this area
14 Total Sales
54 Lovers Ln Nantucket, MA 02554
4
Beds
1.5
Baths
1,646
Sq Ft
0.66
Acres
Highlights
- 0.66 Acre Lot
- Porch
- Garage
- Deck
- Garden
About This Home
As of August 2025Nestled in the highly desirable area known as Surfside this two story four bedroom 1. 5 bath home is situated on 3/4 of a nicely treed acre. A tranquil neighborhood surrounded by beautiful high end homes, 54 Lover's Lane is located just a short distance to the renowned Surfside Beach and presents lots of options in LUG 1 Zoning. In addition, the home presents with an attached garage which is terrific for storing a car, bikes and assorted beach gear. There is additional workspace located adjacent to the garage for those rainy projects to be had and a dry unfinished basement with nice ceiling height accessed via internal stairs off the kitchen leading to extra options. The first floor is an open concept plan that takes advantage of the natural light and southerly exposure at hand inclusive of a first floor den/office and half bath The second floor has four additional bedrooms and an oversized bathroom. A generous rear deck for end of the day relaxing situated on a beautifully landscaped property presents with an enclosed outdoor shower, a must have after a salty day at the beach. One can hear the ocean and see peaks of the water from the rear facing bedroom which could be nicely enhanced.
You can add a second dwelling or a pool/ cabana as you are allowed 7% ground coverage in LUG 1 Zoning, a total of approximately 2027 square feet on the ground******* This spectacular lot is 179' wide .
To give you an idea of the potential at hand the property next door rents at 30,000 per week and is a four bedroom, five bath property with a 600 sq ft gunite pool. The paved road and bike path for Lovers' Lane was approved at Town Meeting in 2023 and due to be done this upcoming winter which will only enhance this coastal retreat. One has the ability to tie into town water as there is an existing stub on the property. A 12' x 8' shed exists for additional storage. This property presents endless options and awaits your pen to meet paper to start designing your dream compound.
Close proximity not only to the beach but the airport, bike path and beautiful walking trails abound in the South Pasture section of the state forest across the way. ****Please note that interior photos and open house will occur after June 6th as an estate sale is currently underway. Easy to show at a moment's notice. ****
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,607
Year Built
- Built in 1973
Lot Details
- 0.66 Acre Lot
- Garden
- Property is zoned LUG1
Parking
- Garage
Home Design
- 1,646 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Outdoor Features
- Deck
- Porch
Utilities
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 80
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Aug 15, 2025
Sold by
Janice M Davis Ret and Foster
Bought by
Schaefer John E and Schaefer Elaine P
Seller's Agent
Paula Maloney
William Raveis Nantucket
Buyer's Agent
Lucy Lau
Berkshire Hathaway HomeServices Island Properties Nantucket
List Price
$2,750,000
Sold Price
$2,637,500
Premium/Discount to List
-$112,500
-4.09%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-94.45%
Original Mortgage
$1,325,000
Outstanding Balance
$1,325,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$767,792
Purchase Details
Closed on
Jan 30, 2008
Sold by
Davis Janice M
Bought by
Janice M Davis Ret and Davis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,637,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,325,000 | New Conventional | |
| Previous Owner | $45,000 | No Value Available | |
| Previous Owner | $30,000 | No Value Available | |
| Previous Owner | $40,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Sold | $2,637,500 | -4.1% | $1,602 / Sq Ft |
| 06/15/2025 06/15/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $2,750,000 | -- | $1,671 / Sq Ft |
Source: LINK
Tax History Compared to Growth
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 | $4,907 | $1,496,100 | $766,400 | $729,700 |
| 2024 | $4,650 | $1,485,700 | $766,400 | $719,300 |
| 2023 | $4,043 | $1,259,500 | $729,900 | $529,600 |
| 2022 | $3,671 | $981,600 | $588,000 | $393,600 |
| 2021 | $3,637 | $1,001,900 | $608,300 | $393,600 |
| 2020 | $3,529 | $1,022,800 | $608,300 | $414,500 |
| 2019 | $3,437 | $1,022,800 | $608,300 | $414,500 |
| 2018 | $3,463 | $981,000 | $608,300 | $372,700 |
| 2017 | $3,118 | $919,800 | $557,600 | $362,200 |
| 2016 | $2,817 | $838,300 | $486,600 | $351,700 |
| 2015 | $3,928 | $1,088,100 | $767,800 | $320,300 |
| 2014 | $4,091 | $1,088,100 | $767,800 | $320,300 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Maloney
-
Lucy Lau
L
Buyer's Agent in 2025
Lucy Lau
Berkshire Hathaway HomeServices Island Properties Nantucket
(508) 221-0504
1 in this area
1 Total Sale
Map
Source: LINK
MLS Number: 92279
APN: NANT-000-079-000-000-0000-80-000-000
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