Nestled on a quiet street just moments from the heart of Vineyard Haven, this well-maintained 4 BR, 3 BA home offers a winning blend of comfort, privacy, and classic island appeal. The sun-filled main level features an open-concept living area flowing seamlessly into a bright, updated kitchen with center island, ideal for everyday living and casual entertaining. Two 1st floor bedrooms and a full bath provide excellent flexibility for guests, home office space, or convenient one-level living, while upstairs offers two spacious en-suite bedrooms designed for privacy and relaxation. Outdoor living shines with a deck overlooking the yard, plus a lower-level bonus with laundry, storage, and workshop potential. Peacefully set yet close to it all, enjoy easy access to public beaches, Tisbury School, and just 0.5 miles to Main Street Vineyard Haven with shops, dining, and ferry access. Perfect as a year-round residence, second home, or investment opportunity—this property checks all the boxes!
For sale
$1,325,000
116 Franklin Terrace, Tisbury, MA 02568
4beds
1,714sqft
Single Family Residence
Built in 1971
0.3 Acres Lot
$1,246,500 Zestimate®
$773/sqft
$-- HOA
What's special
Deck overlooking the yardWorkshop potentialSun-filled main level
- 273 days
- 321
- 18
Zillow last checked:
Listing updated:
Listed by:
Pricila Ray 508-560-5132,
Keller Williams Realty
Source: CCIMLS,MLS#: 22600011
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Microwave, Electric Range, Water Heater
Features
- Flooring: Vinyl, Wood, Tile
- Basement: Full
Interior area
- Total structure area: 1,714
- Total interior livable area: 1,714 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Off Street, Paved, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck, Porch
- Exterior features: Garden
Lot
- Size: 0.3 Acres
Details
- Parcel number: TISB M:0026D B:00000 L:09.10
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shingle Siding
- Roof: Asphalt,Pitched
Condition
- Year built: 1971
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Tisbury
Financial & listing details
- Price per square foot: $773/sqft
- Tax assessed value: $783,600
- Annual tax amount: $6,253
- Date on market: 1/2/2026
- Cumulative days on market: 274 days
Estimated market value
$1,246,500
$1.18M - $1.31M
$6,736/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $1,325,000-1.9%$773/sqft |
Source: | ||
| 1/2/2026 | Listed for sale | $1,350,000+134.8%$788/sqft |
Source: MLS PIN #73464793 Report a problem | ||
| 9/3/2020 | Sold | $575,000+27.8%$335/sqft |
Source: LINK #37823 Report a problem | ||
| 2/8/2005 | Sold | $450,000$263/sqft |
Source: LINK #10839 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,921 +10.7% | $914,300 +16.7% |
| 2024 | $6,253 +8.3% | $783,600 -0.7% |
| 2023 | $5,776 +10.1% | $789,100 +30.8% |
| 2022 | $5,248 +12.9% | $603,200 +19% |
| 2021 | $4,650 +4.3% | $507,100 +6.1% |
| 2020 | $4,458 +1.8% | $477,800 |
| 2019 | $4,381 +12.2% | $477,800 +15.6% |
| 2018 | $3,906 -0.3% | $413,300 -3.9% |
| 2017 | $3,918 +3.7% | $430,100 +4.2% |
| 2016 | $3,779 +12.2% | $412,600 +9.3% |
| 2015 | $3,367 +6% | $377,500 -0.3% |
| 2014 | $3,176 0% | $378,600 +1.1% |
| 2013 | $3,177 +5.9% | $374,600 |
| 2012 | $3,001 +0.8% | $374,600 -5.4% |
| 2011 | $2,977 +5.9% | $395,900 -7.5% |
| 2010 | $2,811 +0.8% | $427,900 -8.3% |
| 2009 | $2,790 +3.8% | $466,600 -4.7% |
| 2008 | $2,687 +7.5% | $489,400 +10.3% |
| 2007 | $2,499 +11.1% | $443,900 +2.6% |
| 2006 | $2,250 +7.6% | $432,700 +21.3% |
| 2005 | $2,091 +24.3% | $356,800 +183.6% |
| 2000 | $1,682 | $125,800 |
Find assessor info on the county website
Monthly payment
Est. payment






