A rare multi-site legacy offering in the heart of Falmouth. This exceptional opportunity brings together four parcels with endless potential. Create your own multi-home estate just off Surf Drive, where coastal living meets timeless New England charm.
One parcel features a private tennis court, another includes a residence ideal for remodeling, a third offers an antique home ready for a full restoration and the fourth parcel, which can't be built on, gives open space abutting the river, perfect for those looking to preserve and reimagine a piece of local history. The combined landscape enjoys second-floor views of Vineyard Sound and borders a picturesque tidal river, adding natural beauty and serene waterfront ambiance.
Whether you envision a unique compound, a collection of luxury retreats, or an investment with extraordinary possibilities, this offering is truly one of a kind. Bring your architect and or builder, sewer in place. Assessment & taxes are combined total. Call for a private showing or for more detailed information.
For sale
Price cut: $2.2M (6/15)
$4,500,000
15 Hedge Lane, Falmouth, MA 02540
4beds
2,680sqft
Single Family Residence
Built in 1987
1.24 Acres Lot
$4,220,200 Zestimate®
$1,679/sqft
$-- HOA
What's special
Private tennis court
- 273 days
- 960
- 8
Zillow last checked:
Listing updated:
Listed by:
Kimberly K Stockwell 508-564-1484,
Ermine Lovell Real Estate, LLC,
Pat B Dillon 617-285-3171,
Ermine Lovell Real Estate, LLC
Source: CCIMLS,MLS#: 22505789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Washer, Natural Gas, Water Heater
- Laundry: Electric Dryer
Features
- Recessed Lighting, Eat-in Kitchen, No
- Flooring: Tile, Carpet
- Number of fireplaces: 2
Interior area
- Total structure area: 2,680
- Total interior livable area: 2,680 sqft
Property
Parking
- Total spaces: 1
- Parking features: Direct Access, Driveway, Other, On Street
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Outdoor Shower
- On waterfront: Yes
- Waterfront features: Waterview, Waterfront, Other
- Body of water: Other,See Remarks
Lot
- Size: 1.24 Acres
- Features: Level, Views
Details
- Additional structures: Gazebo, Tennis Court(s)
- Parcel number: FALM 47 S:03 P:069C L:003
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Shingle Siding
- Roof: Asphalt,Pitched
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Falmouth
Financial & listing details
- Price per square foot: $1,679/sqft
- Tax assessed value: $4,222,600
- Annual tax amount: $24,196
- Date on market: 12/3/2025
- Cumulative days on market: 253 days
Estimated market value
$4,220,200
$4.01M - $4.43M
$4,691/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $2,350,000-47.8%$877/sqft |
Source: MLS PIN #73536093 Report a problem | ||
| 6/15/2026 | Price change | $4,500,000+91.5%$1,679/sqft |
Source: MLS PIN #73535978 Report a problem | ||
| 4/29/2026 | Price change | $2,350,000-47.8%$877/sqft |
Source:  CCIMLS #22601828 Report a problem | ||
| 12/3/2025 | Listed for sale | $4,500,000+4400%$1,679/sqft |
Source: CCIMLS #22505789 Report a problem | ||
| 5/19/1980 | Sold | $100,000$37/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,692 +6.7% | $1,310,400 +14.1% |
| 2024 | $7,209 +10.7% | $1,148,000 +22% |
| 2023 | $6,514 -5.3% | $941,300 +10.2% |
| 2022 | $6,878 +13% | $854,400 +19.3% |
| 2021 | $6,087 +3.7% | $716,100 +4.8% |
| 2020 | $5,870 +1% | $683,400 +0.6% |
| 2019 | $5,814 +1.3% | $679,200 +1.8% |
| 2018 | $5,738 +3% | $667,200 +2.1% |
| 2017 | $5,572 +1.9% | $653,200 |
| 2016 | $5,467 +2.2% | $653,200 |
| 2015 | $5,350 +4.8% | $653,200 +4.3% |
| 2014 | $5,104 -0.4% | $626,200 -1.8% |
| 2013 | $5,125 +4.3% | $637,400 +0.9% |
| 2012 | $4,915 +2% | $631,700 -5.6% |
| 2011 | $4,820 +7.6% | $669,400 +0.9% |
| 2010 | $4,479 +9.6% | $663,600 -1.3% |
| 2009 | $4,087 +1.4% | $672,200 -5.8% |
| 2008 | $4,031 +4.4% | $713,500 -3% |
| 2007 | $3,860 +11.2% | $735,300 +15.1% |
| 2006 | $3,470 +2.5% | $639,000 +10.1% |
| 2005 | $3,384 -5.8% | $580,500 +22.5% |
| 2004 | $3,592 +4.4% | $473,900 +9.6% |
| 2003 | $3,441 +7.7% | $432,300 +55% |
| 2000 | $3,196 | $278,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02540
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