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8 Melrose Avenue, Oak Bluffs

$1,539,000

Incredible opportunity for workforce housing, live in one/rent the other, or multi generational family living. Main house has 4 levels of living space. Main floor living/kitchen/dining/full bath and laundry. 2nd floor has two bedrooms and full bath. 3rd floor is a large finished bonus room. The full walkout basement in the main house is finished with private entry, full bath, separate rooms and laundry. The guest house was completely renovated top to bottom in 2023, new everything! Included but not limited to: new kitchen, baths, windows, roof, siding, electrical and plumbing. Landscape around guest house has new stone walls, patio, and pea stone driveway. Guest house is 1 bedroom, 1.5 bath and really is a gem. Main house has been fully rented year-round for years and may need a little TLC for the next owner, a new asphalt roof on main house was installed in 2025. Guest house has been rented via airbnb and has all 5 star reviews. A new septic system was installed in 2018. This property has TONS of potential.

HIGHLIGHTS

Link ID 44931
Bedrooms 3
Baths 4
Half Baths 1
Rooms 9
Living Space 1951
Acreage 0.25

FEATURES AND AMENITIES

Link ID
44931
Price
$1,539,000
Baths
4
Half Baths
1
Rooms
9
Living Space
1951
Acreage
0.25
Zoning
R1
Water
Town
Sewer
Septic Tank
Heat
GFHA
2026 Tax Assessment
$1,094,100
Building Assessment
$589,000
Land Assessment
$505,100
Estimated Taxes
$5,460
Outdoor Spaces
Deck
Patio
Beach Access - Public
Year Built
1978
Fireplaces
None
Flooring
Hardwood/Tile
Listing Broker
Martha's Vineyard Island-Wide Realty

8 Melrose Avenue, Oak Bluffs

Copyright 2026 LINK MV. All rights reserved. Information deemed reliable but is not guaranteed.
Buyer note, 2% Land Bank fee.
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