5 Scottys Lane

$1,800,000

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Single Family Residence in Lambert's Cove, West Tisbury

4 bedrooms

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1 bathroom

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1592 SqFt

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1.4 acres

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MLS #41403

Discover this Martha's Vineyard treasure, held by one family since 1968. Just steps from Seth's Pond, enjoy tranquil water views from the oversized porch. The home offers a balance of privacy and togetherness with a welcoming living room, dining area, and a walk-out basement for easy outdoor access. The spacious yard is ideal for relaxation, and the pond invites swimming and kayaking. Located off Lambert's Cove Road, you have access to Lambert's Cove Beach and Long Point Beach with a beach pass. This is your chance to revitalize a cherished home into your own Vineyard escape. Note that changes to the home's footprint may require approvals and permits from local authorities. Septic System Compliance: Seller will cover costs to bring the septic system up to Title 5 and local regulations. An escrow holding 150% of the estimated cost (based on a seller-obtained estimate) will be managed by the buyer’s attorney until work is completed. Excess funds return to the seller upon completion. A neutral inspector will resolve any disputes. Please Note: Septic upgrade is for compliance only; additional enhancements are the buyer's responsibility. Own a piece of Martha's Vineyard history and make this lakeside property your personal retreat.

Property highlights

Unfurnished

Water Views

Porch

Septic Tank

Cable

Well Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
Partially Finished and includes a library2 bonus roomsstorage room and laundry room. Remainder is a large workshop with a door leading outside to a large area under the upper porch - perfect place to relax after spending time on the pond
Fireplace Features:
1
Flooring:
Hardwood and tile
Foundation Types:
Concrete Block
Frontage Type:
Pnd
Heating:
OFHA
Interior Features:
InsFloor 1: Kitchen with large pantry, dining area, living room leading out to large covered porch. Main bedroom has a half bath and there are 3 other bedrooms with a full bath.
Link MLS Comments:
If coming from Vineyard Haven, take the second entrance to Lambert's Cove Road. Scotty's Lane will be on the right, just after Seth's Pond. Home is occupied, so please do not drive into the driveway.
Lot Features:
Parking Features:
Possible Use:
Assessed Building Value:
383600.00
Assessed Land Value:
1312800.00

Price History

August 08, 2024
$1,800,000
October 02, 2023
$1,950,000

Tax Information

This property was most recently assessed in 2023. It has been assessed at a value of $1,696,400. The annual tax responsibility for this property is $7,400.

Contact an Agent
Phone number
(508) 696-7777

Property Location

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