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Pending
  • Price cut: $60K (4/17)
    $775,000

    51 Lantern Ln, Tisbury, MA 02568

    2beds
    768sqft
    : 
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    Single Family Residence
    Built in 1968
    0.29 Acres Lot
    $793,300 Zestimate®
    $1,009/sqft
    $-- HOA

    What's special

    Find your sweet spot in this charming starter home, ideally located on a quiet street yet within an effortless walk of everything. Forget the car and get your steps in! You're a short jaunt to essentials like Cronig's Market and Shirley's Hardware, AND local favorites including The Maker, Black Dog Cafe, Island Fresh Pizza, Pie Chicks, and Island Adventures Mini Golf. Also within walking distance is the newly renovated Tisbury School! The interior delivers classic warmth, showcasing mellow wide pine floors in the living areas. Enjoy the convenience of an efficient kitchen with deck access to the back yard, a cheerful updated bathroom, and comfortable carpeted bedrooms. The full, dry basement is a blank canvas, offering massive potential. This is your affordable opportunity to settle on Martha's Vineyard! Schedule your showing! Property being sold as-is. Seller providing a 3 bedroom septic design. Buyer is responsible for installation and payment of the new system.
    179 days
    |
    62
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Idalyn Macchia Gilstad,

    Wallace & Co. Sotheby's

    Source: LINK,MLS#: 43210

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • PMonitor
      Appliances
      • Included: Stove: yes, Washer: yes
      Features
      • Ins, Floor 1: Living room, dining/kitchen, hallway, full bathroom with tub/shower, 2 bedrooms., Floor 2: none
      • Flooring: pine, tile, carpet
      • Basement: full unfinished
      Interior area
      • Total structure area: 768
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Parking features: yes
      Features
      • Exterior features: Deck, PubBch
      • Has view: Yes
      • View description: None
      • Frontage type: None
      Lot
      • Size: 0.29 Acres
      • Features: The electric company has a right of way of approximately 50 feet wide on the back of the property which cannot have any structures on it. But one can use it for gardening or a playing area., yes
      Details
      • Parcel number: TISBM0023BB00000L00007
      • Zoning: R10

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: yes
      Condition
      • Year built: 1968
      • Major remodel year: 1997

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Tisbury

      Financial & listing details

      • Price per square foot: $1,009/sqft
      • Tax assessed value: $674,100
      • Annual tax amount: $4,570
      • Date on market: 11/3/2025
      • Listing agreement: E

        Estimated market value

        $793,300

        $738,000 - $849,000

        $5,004/mo

        Price history

        DateEventPrice
        7/2/2026Pending sale$775,000$1,009/sqft
        Source: LINK #43210 Report a problem
        4/29/2026Contingent$775,000$1,009/sqft
        Source: MLS PIN #73503536 Report a problem
        4/17/2026Price change$775,000-7.2%$1,009/sqft
        Source: LINK #43210 Report a problem
        11/3/2025Listed for sale$835,000+351.4%$1,087/sqft
        Source: Martha's Vineyard MLS #32500367 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/31/2019Listing removed$185,000$241/sqft
        Source: Owner Report a problem
        12/6/2018Listed for sale$185,000-24.5%$241/sqft
        Source: Owner Report a problem
        3/28/2005Sold$245,000-31.9%$319/sqft
        Source: Public Record Report a problem
        8/10/2004Sold$360,000$469/sqft
        Source: LINK #10225 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,073 +3.6%$670,100 +9.2%
        2024$4,897 +15.1%$613,600 +5.6%
        2023$4,254 +8.5%$581,100 +29%
        2022$3,919 +6.4%$450,500 +12.1%
        2021$3,685 +10.5%$401,900 +12.5%
        2020$3,335 +3.2%$357,400 +1.4%
        2019$3,232 +5.3%$352,500 +8.5%
        2018$3,069 +7.9%$324,800 +4%
        2017$2,844 +10%$312,200 +10.6%
        2016$2,585 +11.5%$282,200 +8.5%
        2015$2,319 -6.7%$260,000 -12.2%
        2014$2,485 -1.1%$296,200
        2013$2,512 +5.9%$296,200
        2012$2,373 +4.5%$296,200 -1.9%
        2011$2,270 -0.9%$301,800 -13.4%
        2010$2,290 +3%$348,500 -6.2%
        2009$2,223 +0.7%$371,700 -7.5%
        2008$2,207 +2.4%$402,000 +5%
        2007$2,156 +11.8%$382,900 +3.2%
        2006$1,929 +7.3%$370,900 +20.9%
        2005$1,798 +20.7%$306,900 +66.6%
        2004$1,490 +4.6%$184,200
        2003$1,424 +5.6%$184,200
        2002$1,348 +4.8%$184,200 +91.5%
        2000$1,286 $96,200

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 02568

        Getting around

        51 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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