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Nestled on a quiet street just moments from the heart of Vineyard Haven, this well-maintained 4 BR, 3 BA home offers a winning blend of comfort, privacy, and classic island appeal. The sun-filled main level features an open-concept living area flowing seamlessly into a bright, updated kitchen with center island, ideal for everyday living and casual entertaining. Two 1st floor bedrooms and a full bath provide excellent flexibility for guests, home office space, or convenient one-level living, while upstairs offers two spacious en-suite bedrooms designed for privacy and relaxation. Outdoor living shines with a deck overlooking the yard, plus a lower-level bonus with laundry, storage, and workshop potential. Peacefully set yet close to it all, enjoy easy access to public beaches, Tisbury School, and just 0.5 miles to Main Street Vineyard Haven with shops, dining, and ferry access. Perfect as a year-round residence, second home, or investment opportunity-this property checks all the boxes!

More Info

Basic Information

  • Bedrooms4
  • Mls StatusActive
  • Bathroom3
  • Lot Features Cleared, Level
  • Parcel Number M:0026D B:00000 L:09.10,2451112
  • Road Frontage DescriptionPaved

Location

  • Address116 Franklin Terrace
  • Building Number116
  • CountyDukes
  • StateMA
  • StreetFranklin Terrace
  • TownTisbury
  • Zip02568

Property

  • Acreage0.3

Interior

  • Flooring Wood, Tile, Vinyl / VCT

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 110 Volts, Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard, Oil
  • Sewer Private Sewer
  • Water Source Public

Water Body

  • Miles to Beach0.5
  • Waterfront Features Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Tax Information

  • Tax Assessed Value $914,300
  • Tax Year 2025
  • Taxes$6,921

Rooms

  • Bathroom 1 Second,3.11 x 10
  • Bathroom 2 Second,3.11 x 10
  • Bathroom 3 First,5.5 x 9.7
  • Bathrooms Total Decimal 3
  • Bedroom 2 Second,12.11 x 23.3
  • Bedroom 3 First,13.2 x 13.5
  • Bedroom 4 First,12.11 x 12.11
  • Dining Room First,6.5 x 12.11
  • Full Bath3
  • Kitchen First,9.1 x 13.5
  • Living Room First,11.11 x 12.11
  • Master Bedroom Second,14.1

Exterior

  • Exterior Features Porch, Deck, Rain Gutters, Storage, Garden
  • RoofShingle

Property Information

  • Square Feet1,714
  • Building Area Source Public Records
  • Living Area 1,714
  • Lot Size Square Feet 12,975
  • Lot Size Units Acres

School Information

  • High School Martha's Vineyard Rhs
  • Elementary SchoolTisbury Elementary

Parking

  • Parking Spaces6
  • Parking Features Off Street

Basic Information

  • List Price$1,350,000
  • MLS Number73464793
  • Modification Date02/13/2026
  • Property SubTypeSingle Family Residence

Building

  • BasementFull, Interior Entry, Bulkhead, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Patio And Porch Features Porch, Deck
  • Property StyleCape
  • Rooms7
  • Utilities For Electric Range, For Electric Dryer, Washer Hookup
  • Year Built1971
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Appliances IncludedElectric Water Heater, Range, Dishwasher, Microwave

Other

  • Date Listed01/02/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Listed by Pricila Ray of Keller Williams Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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