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Tucked away on a quiet cul-de-sac, this beautifully maintained multi-family property offers the perfect blend of privacy, flexibility, and convenience. Built in 2020, the home encompasses 2,884 square feet of thoughtfully designed living space, featuring a total of 5 bedrooms and 4 full bathrooms. The walkout lower level is a fully permitted Accessory Dwelling Unit (ADU), creating an ideal opportunity for multigenerational living, guest accommodations, or rental income while maintaining privacy between living spaces. Situated on a generous 15,593-square-foot lot, the property offers abundant outdoor space with exceptional future potential. A six-bedroom septic system is already in place, providing flexibility for expansion. The home could continue to function as a single-family residence with the addition of a detached guest house/ADU, or it could remain a multi-family property with the potential to add a freestanding ADU, subject to Martha's Vineyard Commission and Zoning Board of Appeals (ZBA) review and approval. Ideally located just a short distance from downtown Vineyard Haven, the Lake Tashmoo boat landing, and town tennis courts, this property combines peaceful cul-de-sac living with convenient access to the island's amenities and recreational opportunities. Note: The property is located within the Tashmoo Watershed District and is equipped with a NitROE wastewater treatment system.Note: property is located in the Tashmoo Watershed District, but has a NitROE system.

FIRST FLOOR DESCRIPTION
First-floor primary en suite plus second bedroom and full bath, with dining area, living room, eat-in kitchen, office, and laundry.

BASEMENT DESCRIPTION
The finished basement offers exceptional versatility featuring two bedrooms two full bathrooms a laundry room and an abundance of space to suit a variety of needs. Whether you envision a spacious recreation room home office gym or additional storage this level provides the flexibility to create the perfect extension of your living space.

OTHER BUILDINGS
Shed

SECOND DWELLING
None

PARKING
Yes

Multi Family
Vineyard Haven
39 Ferro Way
$1,488,000.00

LINK ID: 44398
Bedrooms: 5
Baths: 4
Rooms: 8
Living Space: 2884
Acreage: 0.3600
Water Frontage: None
1st Floor Bedrooms 3

TO INQUIRE ABOUT THIS LISTING CLICK HERE.

Outdoor Spaces: Beach Access - Public, C/Tennis
Features: Ins,MiniSplit
Year Built: 2020
Second Dwelling: None
Zoning: R10
Water: Town
Sewer: Septic Tank
Lead Paint: Unknown
Foundation : Poured Concrete
Heat: GFHW
Yard Type: 4ft. wide walkway easement centered on the property line with neighbor lot 4. Yes
Flooring: Lux Vinyl
Stove: LG
Washer: LG - HE
TV: Cable
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ALISAN LOHAN-CONWAY PROPERTIES MARTHA'S VINEYARD
Martha's Vineyard Real Estate Sales and Rentals

PO Box 2670, Edgartown, MA 02539
Phone: 508.627.1858 Fax: 508.696.7648

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