39 Ferro Way, Vineyard Haven

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.

First Floor

First-floor primary en suite plus second bedroom and full bath, with dining area, living room, eat-in kitchen, office, and laundry.

Basement

The 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.

Parking

Yes

Other Buildings

Shed