This rare multi-family residence offers a unique investment opportunity or the perfect island retreat. Whether you're looking to generate rental income, host guests, or settle into island life, this 3 bedrooms, 3 bathrooms property checks all the boxes. With lots of bonus spaces, off-street parking, a cozy backyard, and expansion potential (pending town approval) this is a truly exceptional find. Just steps from Edgartown’s shops, restaurants, and harbor, the home sits in one of Martha’s Vineyard’s most desirable locations.
Pending
Price cut: $49K (10/10)
$1,350,000
48 W Tisbury Rd, Edgartown, MA 02539
3beds
1,959sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$1,286,000 Zestimate®
$689/sqft
$-- HOA
What's special
Cozy backyardOff-street parkingLots of bonus spaces
- 89 days |
- 88 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 11:42am
Listed by:
Mavis Francis,
eXp Realty
Source: LINK,MLS#: 43698
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Heating
- OFHW
Appliances
- Included: Stove: Stainless, Washer: Samsung
Features
- OSh, Floor 1: The first floor offers convenience and comfort with a spacious living room perfect for relaxing or entertaining. It features a well-sized bedroom, a full bathroom, a functional kitchen with ample storage, and the added bonus of first-floor laundry for everyday ease. Bright, open, and easy to maintain., Floor 2: The well-appointed second-floor features 2 spacious bedrooms, a full bathroom, a cozy living room, and a functional kitchen with ample cabinet space. Enjoy the added convenience of in-unit laundry, and plenty of natural light throughout., Floor 3: attic
- Flooring: 2
- Fireplace features: 1
Interior area
- Total structure area: 1,959
- Total interior livable area: 1,959 sqft
Property
Parking
- Parking features: Off-Street
Lot
- Size: 3,920.4 Square Feet
- Features: a cozy, inviting outdoor space perfect for relaxing or entertaining
Details
- Additional structures: shed
- Parcel number: 151
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Poured Concrete
Condition
- Year built: 1950
- Major remodel year: 2015
Utilities & green energy
- Sewer: Town
- Water: Town
- Utilities for property: Cbl
Community & HOA
Location
- Region: Edgartown
Financial & listing details
- Price per square foot: $689/sqft
- Tax assessed value: $557,060
- Annual tax amount: $1,300
- Date on market: 8/31/2025
- Listing agreement: E
Estimated market value
$1,286,000
$1.22M - $1.35M
$3,366/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Pending sale | $1,350,000$689/sqft |
Source: LINK #43698 Report a problem | ||
| 10/10/2025 | Price change | $1,350,000-3.5%$689/sqft |
Source: LINK #43698 Report a problem | ||
| 8/31/2025 | Listed for sale | $1,399,000+294.1%$714/sqft |
Source: LINK #43698 Report a problem | ||
| 10/24/2014 | Sold | $355,000+1675%$181/sqft |
Source: LINK #27687 Report a problem | ||
| 7/7/1999 | Sold | $20,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,273 +9.3% | $480,500 +5.2% |
| 2024 | $1,165 -3.6% | $456,900 -4.7% |
| 2023 | $1,208 -21.9% | $479,400 -6.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,934/mo
Principal & interest
$6898
Property taxes
$563
Home insurance
$473
Climate risks
Neighborhood: 02539
Nearby schools
GreatSchools rating
- 7/10Edgartown Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 5/10Martha's Vineyard Regional High SchoolGrades: 9-12Distance: 4.2 mi
- Loading




