Presented By: Emily Flake with Viewpoints - 774-263-3584
MLS# 44398
05/08/2026
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Beds • 5
Baths • 4
SQFT • 2,884
Home Details
Tucked away on a quiet cul-de-sac, this beautifully maintained multi-family property offers the perfect blend of privacy, flexibility, and convenience. Built in 2020, the home encompasses 2,884 square feet of thoughtfully designed living space, featuring a total of 5 bedrooms and 4 full bathrooms. The walkout lower level is a fully permitted Accessory Dwelling Unit (ADU), creating an ideal opportunity for multigenerational living, guest accommodations, or rental income while maintaining privacy between living spaces.
Situated on a generous 15,593-square-foot lot, the property offers abundant outdoor space with exceptional future potential. A six-bedroom septic system is already in place, providing flexibility for expansion. The home could continue to function as a single-family residence with the addition of a detached guest house/ADU, or it could remain a multi-family property with the potential to add a freestanding ADU, subject to Martha's Vineyard Commission and Zoning Board of Appeals (ZBA) review and approval.
Ideally located just a short distance from downtown Vineyard Haven, the Lake Tashmoo boat landing, and town tennis courts, this property combines peaceful cul-de-sac living with convenient access to the island's amenities and recreational opportunities.
Note: The property is located within the Tashmoo Watershed District and is equipped with a NitROE wastewater treatment system.Note: property is located in the Tashmoo Watershed District, but has a NitROE system.
Presented By: Emily Flake with Viewpoints - 774-263-3584
Interior Features for 39 Ferro Way
Bedrooms
Main Level Bedrooms3
Total Bedrooms5
Bathrooms
Half Baths
Other Interior Features
BasementThe finished basement offers exceptional versatility, featuring two bedrooms, two full bathrooms, a laundry room, and an abundance of space to suit a variety of needs. Whether you envision a spacious recreation room, home office, gym, or additional storage, this level provides the flexibility to create the perfect extension of your living space.
Fireplace Features0
Fireplace Y/NNo
FlooringLux Vinyl
Furnished Y/NUnfurnished
Interior AmenitiesIns, MiniSplit, Floor 1: First-floor primary en suite plus second bedroom and full bath, with dining area, living room, eat-in kitchen, office, and laundry.
General for 39 Ferro Way
AppliancesStove: LG, Washer: LG - HE
Building Area UnitsSquare Feet
CityVineyard Haven
Full Baths4
HeatingGFHW
Lot Size Square Feet15681
MLS Area1
Other StructuresShed
Property SubtypeSingle Family Residence
Property Type1 Family
SewerSeptic Tank
Standard StatusActive
StatusA
Tax Annual Amount7676.14
Tax Assessed Value575400
Tax LotA
Tax Year2026
TaxOtherAnnualAssessmentAmount431900
Total Rooms8
UtilitiesCbl
ViewNone
Year Built2020
ZoningR10
Exterior for 39 Ferro Way
Building Area Total2884
Exterior AmenitiesPubBch, C/Tennis
Foundation DetailsPoured Concrete
Frontage TypeNone
Lot Features4ft. wide walkway easement centered on the property line with neighbor lot 4, Yes
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