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
Other Assessments
0

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
In Town Location
Yes
Shopping
Yes

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

More Information

Special Listing Cond

None
Yes

Basement Description

No Basement
Yes

Parking Features

Gravel
Yes
Off Street
Yes
Parking Lot
Yes

Foundation Details

Slab
Yes

Floors

Carpet
Yes
Hardwood
Yes
Tile
Yes

Walls

Sheet Rock
Yes

Sewer

Public Sewer
Yes

Building Const

Wood Frame
Yes

Exterior Features

Sign
Yes

Building Features

Private Yard
Yes

Roof Description

Asphalt
Yes

Siding Description

Shingle
Yes

Heating

Electric
Yes
Hot Water
Yes

Cooling

None
Yes

Fuel Type

Electric
Yes
Oil
Yes

Water

Public
Yes

Hot Water

Not Applicable
Yes

Hot Water Source

Electric
Yes
Oil
Yes

Laundry

Shared
Yes

Baths

Individual
Yes

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
IDX
Listing Office: Hartel Realty Corp.
Listing Agent: Greg P Hartel
Last Updated: June - 06 - 2025
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