25 simpson’s Lane, Edgartown, MA 02539 (MLS# 22405700)

25 simpson's Lane, Edgartown, MA 02539

$3,350,000

Property Type: Commercial Square Footage: 3,156 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $3,350,000 List Date: 12/02/2024 Last Modified: 6/06/2025

Overview

Description

This is a chance to own a piece of Edgartown History located in the heart of Edgartown. Lightkeeper's Inn was said to be home to the last lightkeepers of the Edgartown Lighthouse. Excellent location and within minutes of shops and restaurants on No Water Street. There are 6 units, 5 in the Inn and a separate cottage with a total of 3,156 SF of space. All units consist of separate entrances with 1 bedroom, 1 bath, kitchen and living room. There is washer and dryer facilities onsite and an outdoor area for BBQ and gathering. This property is unique in that it offers onsite parking, a rarity on Martha's Vineyard, and it may be operated as an Inn, or converted to a single family residence, providing proper permitting and approvals are acquired. Property has town water and sewer.

Listing Details MLS# 22405700

Contract Info

Original List Price: 3495000
List Price/SqFt: 1107.41

Legal and Taxes

Street #: 25
Street Name: simpson's
Street Suffix: Lane
County: Dukes
Town: Edgartown
Village: Edgartown
State: MA
Zip Code: 02539
Tax ID: 20/D 224/ 2/ /
Estimated Annual Taxes: 6836
Tax Year: 2024
Building Assessments: 1852300
Total Assessment: 2680800
Lead Base Paint: Unknown
Flood Ins Required: No
Mass Use Code: 302 - Inn/Resort/Tourist Homes

General Property Info

Region: Dukes County
Primary Sub-Type: Other
Secondary Sub-Type: Bed & Breakfast
School District: Martha's Vineyard
Zoning: R5
# of Buildings: 2
Stories: 2
# of Units: 6
Total Finished Space: 3156
Additional Finished Space: 3156
Additional SqFt Source: Public Records
Condo: No
Year Built: 1900
Renovated: Yes
Year Renovated: 2011
Business w/Real Estate: No
Lot Size SqFt: 8712
Lot Size Source: Field Card
Acres: 0.2
Golf Course Front: No
Golf Course View: No
Waterfront: No
Waterview: No
Residential Units: Yes
Total # Res Units: 6
Commercial Units: No
Industrial Units: No
Property Includes Recording Devices: No

Status Change Info

Concessions: No
Estimated Selling Date: 2025-06-05
Under Contract Date: 2025-04-23
Sold Date: 2025-06-05
Sold Price/SqFt: 1061.47
SP/AV: 1.25

Convenient To

Convenient to Water Body 1: Edgartown Harbor

More Information

Property Features

Special Listing Cond: None Parking Features: Gravel; Off Street; Parking Lot Convenient To: In Town Location; Shopping Floors: Carpet; Hardwood; Tile Walls: Sheet Rock Foundation Details: Slab Basement Description: No Basement Building Const: Wood Frame Building Features: Private Yard Roof Description: Asphalt Siding Description: Shingle Heating: Electric; Hot Water Cooling: None Fuel Type: Electric; Oil Water: Public Hot Water: Not Applicable Hot Water Source: Electric; Oil Sewer: Public Sewer Laundry: Shared Baths: Individual

Listing Office: Hartel Realty Corp.

Listing Agent: Greg P Hartel

Last Updated: June - 06 - 2025

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