Set on a private, wooded lot in Vineyard Haven, this recently built home offers a rare combination of immediate enjoyment and exceptional future potential. Built in 2021, the thoughtfully designed 1-bedroom residence features a bright, modern interior, energy-efficient solar panels, and a peaceful setting surrounded by nature. The true value lies in the property’s remarkable expansion possibilities. A 6-bedroom septic system is already installed, allowing for the future construction of a substantial 5-bedroom main house while retaining the existing home as a guest house, rental property, or secondary dwelling. The lot also has ample room for a pool and outdoor entertaining spaces, creating an ideal Vineyard compound opportunity. Ideally located just over a mile from both the West Chop Club and Mink Meadows Golf Club, as well as downtown Vineyard Haven, the property offers convenient access to golf, boating, dining, shops, and ferry service while still maintaining a quiet, tucked-away feel. Nearby walking trails and conservation land further enhance the property’s unique sense of privacy and connection to the outdoors. Whether you are seeking a turnkey Vineyard retreat, an investment opportunity, or the perfect canvas for a future estate, this offering presents incredible flexibility in one of the island’s most sought-after areas.
For sale
Price cut: $100K (9/2)
$1,095,000
61 Wood Chips Cir, Tisbury, MA 02568
1beds
768sqft
Single Family Residence
Built in 2021
0.71 Acres Lot
$1,036,600 Zestimate®
$1,426/sqft
$-- HOA
What's special
Energy-efficient solar panelsPrivate wooded lotBright modern interior
- 105 days
- 806
- 46
Zillow last checked:
Listing updated:
Listed by:
Andrew McElhinney,
Compass LLC
Source: LINK,MLS#: 44510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Heat Pump
Appliances
- Included: Stove: YES, Washer: YES
Features
- AC, Ins, Floor 1: The first floor features a bright and open-concept layout that seamlessly connects the living, dining, and kitchen areas, creating an inviting and functional space for everyday living and entertaining. Just off the kitchen is a private bedroom and a full bathroom, offering convenient single-level living.
- Basement: Full unfinished walkout basement offering excellent storage and future expansion potential.
Interior area
- Total structure area: 768
- Total interior livable area: 768 sqft
Property
Parking
- Parking features: Ample parking
Features
- Exterior features: PubBch, Garden
- Has view: Yes
- View description: None, Trees/Woods
- Frontage type: None
Lot
- Size: 0.71 Acres
- Features: Spacious yard with fenced in garden.
Details
- Parcel number: TISBM0004BB00000L0183
- Zoning: R25
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Poured concrete
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Septic Tank
- Water: Town
- Utilities for property: Cbl
Community & HOA
Location
- Region: Tisbury
Financial & listing details
- Price per square foot: $1,426/sqft
- Tax assessed value: $1,017,900
- Annual tax amount: $7,553
- Date on market: 5/23/2026
- Listing agreement: E
Estimated market value
$1,036,600
$985,000 - $1.09M
$3,917/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $1,095,000-8.4%$1,426/sqft |
Source: LINK #44510 Report a problem | ||
| 5/23/2026 | Listed for sale | $1,195,000$1,556/sqft |
Source: LINK #44510 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,522 +28.4% | $993,600 +35.4% |
| 2024 | $5,856 +31.7% | $733,800 +20.8% |
| 2023 | $4,445 +85.8% | $607,300 +120.9% |
| 2022 | $2,392 -5.1% | $274,900 |
| 2021 | $2,521 -1.7% | $274,900 |
| 2020 | $2,565 +11% | $274,900 +9.1% |
| 2019 | $2,311 -13.9% | $252,000 -11.2% |
| 2018 | $2,683 +11.1% | $283,900 +7.1% |
| 2017 | $2,414 -0.3% | $265,000 +0.2% |
| 2016 | $2,422 +2.7% | $264,400 |
| 2015 | $2,358 +17% | $264,400 +10% |
| 2014 | $2,016 -1.1% | $240,300 |
| 2013 | $2,038 +5.9% | $240,300 |
| 2012 | $1,925 +1.5% | $240,300 -4.7% |
| 2011 | $1,896 -9.2% | $252,100 -20.6% |
| 2010 | $2,087 +9.9% | $317,600 |
| 2009 | $1,899 +3.5% | $317,600 -5% |
| 2008 | $1,835 -0.4% | $334,200 +2.1% |
| 2007 | $1,843 +19.4% | $327,300 +10.3% |
| 2006 | $1,543 +4.5% | $296,700 +17.7% |
| 2005 | $1,477 | $252,100 |
Find assessor info on the county website
Monthly payment
Est. payment






