Active

47 East Chop Drive

Oak Bluffs MA, 02557

$11,000,000


$2,829.22 per sqft

Active

7 Beds

6 Baths

3,888 sqft

Commercial

Built in 1952

East Chop waterfront - Once in a lifetime, a property of this caliber becomes available, with an on-the-water East Chop location, a wide range of amenities, and multi-functional use! Uses include -- 1.) Currently operated as East Chop Harborfront Apartments, a pre-existing non-conforming use for the past 70+ years, 2.) Use it as a residential home or family compound, or live in a portion and rent a portion, 3.) Potential to convert to condominiums, paperwork presently in process but would be a buyers choice.

Located directly on the harbor, this property features outstanding water views of the harbor and sound beyond and is just steps from the tennis club, beaches, ferries to the mainland and downtown. In pristine condition, this 6-unit property includes a 106 ft dock with water/electric for 8 slips and a 40' T at the end for a 9th boat. Parking for 6-7 vehicles at street in front. Built in 1952, the property has had extensive top to bottom renovations including new wiring, plumbing, insulation, heating/AC, and dredged dockage. Features include high end finishing in all units, as well as beautifully landscaped grounds. The first floor consists of three 1-bedroom units, each with new kitchen, living and dining areas and private covered front porches over-looking the water. The second floor consists of two 2-bedroom units each with kitchen, living and dining areas as well as private covered front porches. A separate detached year-round cottage apt unit with Murphy bed, kitchen, full bathroom and washer/dryer can serve as a rental unit or as live in office for a property manager/caretaker and, has an additional loft area with double bed for kids. Each apartment has electric baseboard heat plus mini-split heat/AC. Generator. Private outdoor shower with dressing area. On town sewer.

40564

MLS ID

February 15, 2024

Updated

Map

47 East Chop Drive
Oak Bluffs MA, 02557

Interior Features

Bedrooms

7 Beds


Bathrooms

6 Baths


Interior Features

Ins, Irr, Mini Split, OSh, Floor 1: Unit 1/Apt 1 -- Oak Bluffs, 1-BR Unit 2/Apt 2 -- Cottage City, 1-BR Unit 5/Apt 5 -- Captains Quarters, 1-BR, Floor 2: Unit 3/Apt 3 -- Highlands, 2-BR Unit 4/Apt 4 -- Tivoli, 2-BR, Floor 3: None Attic runs length of main house with large storage area w/electricity


Appliances

Stove: Yes, in all apts, Washer: Laundry service available


Floor Description

Mix of wood and tile


Fireplace

Yes


Fireplace Description

1


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

WViews, Deck, C/Tennis, Pub Bch, Garden, Porch


Lot Features

Professionally landscaped and maintained, 260 waterfront/stone seawall


Sewer

Twn

Other Property Details

Taxes

$23,114


Tax Frequency

Annually


Days on Market

259


Garage

No


Parking

Parking at street for 6-7 cars


View

Yes


View Description

Hbr, Ocean


Water Source

Town


Pool

No


Zoning

R2


Buyer Agency Compensation

1.5%

 

Courtesy of MV Luxury Homes, Perry Patterson

Based on information from LINK Martha's Vineyard as of 2/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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