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
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.
More Information MLS# 22405700
Contract Info
List Price/SqFt: 1107.41
Status: Closed
Original List Price: 3495000
Sold Price: $3,350,000
Current Price: $3,350,000
List Date: 2024-12-02
Legal and Taxes
Town: Edgartown
Village: Edgartown
Estimated Annual Taxes: 6836
Building Assessments: 1852300
Other Assessments: 0
Total Assessment: 2680800
Flood Ins Required: No
Lead Base Paint: Unknown
Mass Use Code: 302 - Inn/Resort/Tourist Homes
Street #: 25
Street Name: simpson's
Street Suffix: Lane
County: Dukes
State: MA
Zip Code: 02539
Tax ID: 20/D 224/ 2/ /
Tax Year: 2024
General Property Info
Region: Dukes County
Primary Sub-Type: Other
School District: Martha's Vineyard
Secondary Sub-Type: Bed & Breakfast
Zoning: R5
Renovated: Yes
# of Buildings: 2
Year Renovated: 2011
Stories: 2
Additional Finished Space: 3156
# of Units: 6
Additional SqFt Source: Public Records
Condo: No
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
Total Finished Space: 3156
Year Built: 1900
Remarks & Misc
Public Remarks: 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.
Directions to Property: From Dock Edgartown-Falmouth Ferry- Take Main St-R on No Water St- L on Simpsons Ln to #25
Status Change Info
Concessions: No
Estimated Selling Date: 2025-06-05
Sold Price/SqFt: 1061.47
SP/AV: 1.25
Under Contract Date: 2025-04-23
Sold Date: 2025-06-05
Sold Price: $3,350,000
Special Listing Cond
None: 1
Basement Description
No Basement: 1
Parking Features
Gravel: 1
Off Street: 1
Parking Lot: 1
Foundation Details
Slab: 1
Convenient To
In Town Location: 1
Shopping: 1
Convenient to Water Body 1: Edgartown Harbor
Floors
Carpet: 1
Hardwood: 1
Tile: 1
Walls
Sheet Rock: 1
Sewer
Public Sewer: 1
Building Const
Wood Frame: 1
Exterior Features
Sign: 1
Building Features
Private Yard: 1
Roof Description
Asphalt: 1
Siding Description
Shingle: 1
Heating
Electric: 1
Hot Water: 1
Cooling
None: 1
Fuel Type
Electric: 1
Oil: 1
Water
Public: 1
Hot Water
Not Applicable: 1
Hot Water Source
Electric: 1
Oil: 1
Laundry
Shared: 1
Baths
Individual: 1
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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