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39 Ferro Way, Vineyard Haven

$1,488,000

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.

HIGHLIGHTS

Link ID 44398
Bedrooms 5
Baths 4
Rooms 8
Living Space 2884
Acreage 0.36
Multi Family

FEATURES AND AMENITIES

Link ID
44398
Price
$1,488,000
Baths
4
Rooms
8
Living Space
2884
Acreage
0.36
Zoning
R10
Water
Town
Sewer
Septic Tank
Heat
GFHW
2026 Tax Assessment
$1,007,300
Building Assessment
$575,400
Land Assessment
$431,900
Estimated Taxes
$7,676
Outdoor Spaces
Beach Access - Public
Community Tennis Court
Year Built
2020
Fireplaces
None
Flooring
Lux Vinyl
Listing Broker
Viewpoints

39 Ferro Way, Vineyard Haven

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