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For sale
  • $1,488,000

    39 Ferro Way, Tisbury, MA 02568

    5beds
    2,884sqft
    : 
    $8,259/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.36 Acres Lot
    $1,415,800 Zestimate®
    $516/sqft
    $-- HOA

    What's special

    Quiet cul-de-sacWalkout lower levelAbundant outdoor space
    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.
    98 days
    |
    607
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Flake,

    Viewpoints

    Source: LINK,MLS#: 44398

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bedrooms: 3
      Heating
      • GFHW
      Appliances
      • Included: Stove: LG, Washer: LG - HE
      Features
      • Ins, MiniSplit, Floor 1: First-floor primary en suite plus second bedroom and full bath, with dining area, living room, eat-in kitchen, office, and laundry.
      • Flooring: Lux Vinyl
      • Basement: The finished basement offers exceptional versatility, featuring two bedrooms, two full bathrooms, a laundry room, and an abundance of space to suit a variety of needs. Whether you envision a spacious recreation room, home office, gym, or additional storage, this level provides the flexibility to create the perfect extension of your living space.
      • Fireplace features: 0
      Interior area
      • Total structure area: 2,884
      • Total interior livable area: 2,884 sqft

      Property

      Parking
      • Parking features: Yes
      Features
      • Exterior features: PubBch, C/Tennis
      • Has view: Yes
      • View description: None
      • Frontage type: None
      Lot
      • Size: 0.36 Acres
      • Features: 4ft. wide walkway easement centered on the property line with neighbor lot 4, Yes
      Details
      • Additional structures: Shed
      • Parcel number: 228
      • Zoning: R10

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Poured Concrete
      Condition
      • Year built: 2020

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Town
      • Utilities for property: Cbl

      Community & HOA

      Location
      • Region: Tisbury

      Financial & listing details

      • Price per square foot: $516/sqft
      • Tax assessed value: $1,007,300
      • Annual tax amount: $7,676
      • Date on market: 5/8/2026
      • Listing agreement: E

        Estimated market value

        $1,415,800

        $1.35M - $1.49M

        $5,256/mo

        Price history

        DateEventPrice
        5/8/2026Listed for sale$1,488,000+50.7%$516/sqft
        Source: LINK #44398 Report a problem
        6/3/2022Listing removed--
        Source: MLS PIN #72773832 Report a problem
        5/11/2021Sold$987,500-10.1%$342/sqft
        Source: LINK #37667 Report a problem
        4/28/2021Pending sale$1,098,000$381/sqft
        Source: MLS PIN #72773832 Report a problem
        1/12/2021Listed for sale$1,098,000+388%$381/sqft
        Source: MLS PIN #72773832 Report a problem
        1/27/2017Sold$225,000$78/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,602 +0.1%$1,004,200 +5.5%
        2024$7,592 +10.9%$951,400 +1.7%
        2023$6,845 -16.9%$935,100 -1.3%
        2022$8,241 +17.1%$947,200 +23.4%
        2021$7,037 +191.5%$767,400 +196.6%
        2020$2,414 +11%$258,700 +9.1%
        2019$2,175 -12.4%$237,200 -9.7%
        2018$2,482 +11.2%$262,600 +7.1%
        2017$2,233 +4.9%$245,100 +5.5%
        2016$2,128 +20.4%$232,300 +17.2%
        2015$1,768 +4.7%$198,200 -1.5%
        2014$1,688 -1.1%$201,200
        2013$1,706 +5.8%$201,200
        2012$1,612 -6.6%$201,200 -12.3%
        2011$1,726 $229,500
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02568

        Getting around

        53 / 100
        Somewhat Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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