5 Scottys Lane, Lambert's CoveWest Tisbury, MA 02575MLS Number 41403

  • Price: $1,950,000
  • Est. Mortgage of $/month
  • 105 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4Bedrooms
  • 1.5Bathrooms
  • 1.4Acreage
  • 1968Year Built

Driving Directions

Imagine enjoying your morning routine on the oversized porch, overlooking Seth's Pond. The layout is designed for both privacy and togetherness, with a welcoming living room and dining area. Immerse yourself in the beauty of the outdoors. The spacious yard offers room for play and relaxation, and the pond beckons with opportunities for swimming, kayaking, and more. The location, off of Lambert's Cove Road affords access to Lambert's Cove beach and Long Point Beach - with a beach pass. The property has been in the same family since 1968. Embrace the chance to breathe new life into a cherished family treasure and turn it into your ultimate Martha's Vineyard escape. Changes to the footprint of the home may require approvals, variances and permits which will be the Buyer’s responsibility (i.e. Natural Heritage and Endangered Species Program, MV Conservation Commission, etc.) Showings require 24 hours notice. Seller will cover the cost of bringing the Septic System on the property into compliance with Title 5 Regulations, Board of Health Regulations and/or any Order issued by the Town of West Tisbury for the Property in its current state. In order to accomplish this Seller and Buyer shall enter into a mutually acceptable and reasonable escrow agreement at closing, which shall require, among other things, that : (1) a portion of the proceeds due to Seller equal to 150% of the estimated cost of the title 5 work (as determined by a written estimate obtained by Seller) be held in escrow by Buyer’s attorney, pending completion of the Title 5 work; (2) the excess escrowed funds shall be returned to Seller promptly. If there is any disagreement regarding return of the escrowed funds then a neutral inspector shall be appointed and agreed upon by both the Buyer and Seller and escrowed funds shall be returned returned to seller one day after the inspector determines that the Title 5 work has been completed. Note, this is to bring the property into compliance with TItle V. Any additional treatments desired by the buyer will be at the buyer's expense.
Listed by eXp Realty

Open Houses

Jul19
Starts: 11:00am
Ends: 12:30pm

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More Info

Location Information

  • Frontage Type Pond
  • NeighborhoodLambert's Cove

Rooms

  • Bathroom1.5
  • Bedrooms4
  • Full Bath1
  • Half Baths1
  • Main Level Bedrooms 4

Building

  • BasementPartially Finished and includes a library, 2 bonus rooms, storage room and laundry room. Remainder is a large workshop with a door leading outside to a large area under the upper porch - perfect place to relax after spending time on the pond
  • Fireplace Features 1
  • FoundationConcrete Block
  • Listing OdsWViews, Porch
  • Rooms10
  • Second DwellingExisting
  • Utilities Cable
  • Year Built1968

Amenities

  • Appliances IncludedStove: Yes, Washer: Yes

Basic Information

  • BasementYNYes
  • Building Area UnitsSquare Feet
  • Mls Status Active
  • Original List Price$1,950,000
  • Total Assessment$1,696,400

Location

  • Address5 Scottys Lane
  • Building Number5
  • StateMA
  • StreetScottys Lane
  • TownWest Tisbury
  • Zip02575

Interior

  • FloorsHardwood and tile
  • Furnished Unfurnished
  • Interior Features Ins, Floor 1: Kitchen with large pantry, dining area, living room leading out to large covered porch. Main bedroom has a half bath and there are 3 other bedrooms with a full bath.

Property Information

  • Lot Size Square Feet 60,984
  • Square Feet1,592

Other

  • Date Listed04/05/2024
  • Listing AgreementE
  • Other CommentsIf coming from Vineyard Haven, take the second entrance to Lambert's Cove Road. Scotty's Lane will be on the right, just after Seth's Pond. Home is occupied, so please do not drive into the driveway.
  • View Count76

Tax Information

  • Tax Annual Amount $7,400
  • Tax Assessed Value $383,600
  • Tax Other Annual Assessment Amount $1,312,800
  • Tax Year 2023

Basic Information

  • List Price$1,950,000
  • MLS Number41403
  • Modification Date07/12/2024
  • Property SubTypeSingle Family Residence
  • Usm Property Type 1 Family

Property

  • Acreage1.4
  • Other Structures Garden shed

Exterior

  • Exterior Features Water Views, Porch

Utilities

  • Heating Oil/FHA
  • Sewer Septic Tank
  • Water Source Well
Hancock Real Estate
Hancock Real Estate
Office: 508-645-2544
PO Box 460
Chilmark, MA 02535

Based on information submitted to LINKMV as of July 18, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or LINKMV.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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