8 5th Way, Nantucket, MA 02554
FOR SALE0.39 ACRES

8 5th Way
Nantucket, MA 02554

  • 4 Beds
  • 3 Baths
  • 3,817 sqft (on 0.39 acres)
  • 4 Beds
  • 3 Baths
  • 3,817 sqft (on 0.39 acres)

$1,995,000

Original price: $2,295,000
Est. Mortgage $11,213/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This four bedroom plus "A Frame" house built in 1973 and located on a dead-end street awaits your customization. This generously sized property is located in R -10 Zoning on an OVERSIZED lot with nearly 4,000 square feet of living area. Great opportunity to build either a SECOND DWELLING, DUPLEX or add to the existing structure. With its flexible floor plan, the A Frame construction allows ways to create even more living space. There is separate access to a freshly painted oversized basement with living space, kitchen area , three oversized rooms and a recently renovated full bathroom. Ready to go as an income producing apartment! Improvements include recent hot water heater, well pump, town septic pump, roof and shingling. The oversized rear deck has newer decking and has freshly painted trim creating a perfect place for end-of-day relaxation. This home would be excellent for employee housing or as a solid investment property. 24 Hour notice is kindly requested.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$523
Listed
180+ days ago

Home Details for 8 5th Way

Interior Features

Interior Details
Basement: Full Freshly Painted Large Basement. Three Large Rooms, Full Bathroom And Kitchenette. Separate Form Of Access. New Toilet And Vanity In The Bathroom. Terrific Apartment At Hand.Number of Rooms: 11
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Utilities: Cbl
Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet
Levels, Entrance, & Accessibility
Floors: Carpet
View
View: None, Res

Exterior Features

Exterior Home Features
Exterior: Deck, PorchFoundation: BlockNo Private Pool
Parking & Garage
Parking: Ample
Frontage
Frontage Type: None
Water & Sewer
Sewer: Town

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1973Year Renovated: 2023
Property Type / Style
Property Type: Single Family HomeProperty Subtype: Single Family Residence
Property Information
Usage of Home: 2066-44Parcel Number: 142

Price & Status

Price
List Price: $1,995,000Price Per Sqft: $523

Active Status

MLS Status: A

Location

Direction & Address
City: Nantucket

Agent Information

Listing Agent
Listing ID: 90497

Building

Building Area
Building Area: 3817 Square Feet

Lot Information

Lot Area: 0.39 acres

Offer

Listing Agreement Type: E

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Transaction Broker Commission: 0
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 90497
Last check for updates: 1 day ago
Listing courtesy of Paula Maloney
William Raveis Nantucket
Source: LINK, MLS#90497

Price History for 8 5th Way

DatePriceEventSource
10/26/2023$1,995,000PriceChange
LINK #90497
08/30/2023$2,295,000PriceChange
LINK #90497
08/21/2023$2,595,000PendingToActiveLINK #90497
08/03/2023$2,595,000ContingentLINK #90497
07/22/2023$2,595,000Listed For SaleLINK #90497
05/23/2006$390,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$3,859
Assessment$1,202,100
Home facts updated by county records

Comparable Sales for 8 5th Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$1,600,000
12/08/23
4
3
2,050
0.12
Single-Family Home
$2,000,000
05/23/23
5
3
2,695
0.29
Single-Family Home
$2,150,000
04/17/24
4
3
1,824
0.25
Single-Family Home
$1,385,000
05/19/23
3
8
3,220
0.28
Single-Family Home
$5,745,000
06/29/23
4
7
3,860
0.23
Single-Family Home
$1,800,000
07/11/23
5
2
1,404
0.36
Single-Family Home
$1,500,000
10/18/23
3
3
1,768
0.44
Single-Family Home
$2,262,500
02/14/24
3
3
1,878
0.45
Single-Family Home
$2,600,000
09/22/23
5
6
3,998

What Locals Say about Nantucket

  • Diana D.
    "Adorable, quaint, small town vibe with shockingly many many off island connections on island.. Lovely island "
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    "4th July. Stroll tree lighting. Nantucket is a specialty place but I’m ignorant of it in the off season. "
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  • Ackstonepro
    "I think they will just love it. Here is a very nice place to leave people love animals help each other and the community is very United."
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  • Ackstonepro
    "I’ve lived in this neighborhood for over 10 years to love it I think is nice and quite and a good place to raise your kids in a safe environment "
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  • Meshelo
    "I’ve lived in Nantucket for 9 years and it’s a nice place to live , however the cost of living is outrageous...! !! Actually 497% above the national average.. the cost increases every day and is displacing locals on a regular basis.. it’s a huge problem that currently does not have a practical solution.."
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  • Frank C.
    "Wonderful vacation community. Been coming here for 40’years. On to the third generation. Hope to own one day. "
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    "It’s beautiful, quaint, pride of ownership shows, working people, wealthy people, and the amenities provided by the island give that sense of neighborhood feel"
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    "Nantucket is very dog friendly community! Lots of public land for them to run...woods, fields, beaches. Even many of the stores welcome them...and leave water on the sidewalks for them. : )"
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  • Dlarssonpt
    "Ha! In the summer, better off riding a bike with all the crazy traffic. Off season...can't even call it a commute! "
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  • Jpt
    "It is close enough to town to walk in for dinner and drinks but far enough out to escape the worst of the traffic in town. "
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  • Surfin87
    "Ou area is quaint and extremely safe. Naushop is one of the best neighborhood’s to live in on Nantucket. "
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  • Prescott S.
    "It’s very private but it’s very close to town lots are large but property values haven’t gone crazy yet. Great spot to spend the summer and/fall. "
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LGBTQ Local Legal Protections

Paula Maloney, William Raveis Nantucket
All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
8 5th Way, Nantucket, MA 02554 is a 4 bedroom, 3 bathroom, 3,817 sqft single-family home built in 1973. This property is currently available for sale and was listed by LINK on Jul 22, 2023. The MLS # for this home is MLS# 90497.