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51 Lantern Ln, Tisbury MA 02568

Tisbury, MA 02568
$775,000
Est. $4,500/month
2
Beds
1
Baths
768
Sq Ft
$1,009
Price/Sq Ft
0.29
Acres
1968
Year Built
3
Parking
24
Days on Market
Pending Listed Apr 17, 2026 • MLS# 73503536 Copied! • Updated May 13, 2026

About this home

Find your sweet spot in this charming starter home, ideally located on a quiet street yet within an effortless walk of everything. Forget the car and get your steps in! You're a short jaunt to essentials like Cronig's Market and Shirley's Hardware, AND local favorites including The Maker, Black Dog Cafe, Island Fresh Pizza, Pie Chicks, and Island Adventures Mini Golf. Also within walking distance is the newly renovated Tisbury School! The interior delivers classic warmth, showcasing mellow wide pine floors in the living areas. Enjoy the convenience of an efficient kitchen with deck access to the back yard, a cheerful updated bathroom, and comfortable carpeted bedrooms. The full, dry basement is a blank canvas, offering massive potential. This is your affordable opportunity to settle on Martha's Vineyard! Schedule your showing! Property being sold as-is. Seller providing a 3 bedroom septic design. Buyer is responsible for installation and payment of the new system.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Apr 29, 2026
Active → Active Under Contract
Pending Sale
Apr 29, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 17, 2026
$775,000
Original listing
Agent: Idalyn Macchia Gilstad Office: Wallace & Co. Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $4,570 $674,100

Financial Details

Annual Property Tax
$4,570
Tax Year 2026
Assessed Value
$674,100

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1968
Living Area 768 sq ft
Lot Size 0.29 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Electric, Propane
Cooling None
Flooring Wood, Tile, Carpet
Appliances Electric Water Heater
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood
Features Off Street
Total Spaces 3
Electric 200+ Amp Service
Water Public
Sewer Inspection Required For Sale, Private Sewer
Gas None
Other For Electric Range
Annual Tax $4,570
Assessed Value $674,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Dukes
Total market time (incl. prior listings) 211 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1968
Bedrooms
2
Full Bathrooms
1
Living Area
768 sq ft
Total Rooms
4

Room Details

First Floor

Bathroom1
Dining Room
Kitchen
Bedroom2
Living Room
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Electric Water Heater
Interior Features:
Windows:
Basement: Full, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Style: Ranch
Year Built: 1968
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Electric, Propane
Heating Zones: 4
Cooling: None
Hot Water:
Water Source: Public
Sewer: Inspection Required for Sale, Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Easements, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street
School District
Martha's Vineyard School District local
School Safety 2024-25
5.0% Above Average
5.0% Suspensions 1.3% In-School
0.5% below state avg
E

Elementary Schools

3 schools
C+
Tisbury Elementary School
0.5 mi | #239 of 352 | Score: 37.3
Dropped 104 spots from last year
-20.9 below state avg
312 students Diverse
Diverse Student Body
Grades PK-08
Vineyard Montessori School
1.2 mi
Grades PK-08
A-
Oak Bluffs Elementary School
2.6 mi | #105 of 352 | Score: 49.0
Improved 16 spots from last year
-9.2 below state avg
402 students Diverse
Grades PK-08
H

High Schools

1 school
A-
Martha's Vineyard Regional High School
2.5 mi | #95 of 346 | Score: 60.5
Improved 49 spots from last year
+2.3 above state avg
744 students Diverse
19 sports • 1,209 athletes
Strong AP Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $381
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

51 Lantern Ln, Tisbury MA 02568

Tisbury, MA 02568

Listing Information

Listing Agent Idalyn Macchia Gilstad
Listing Office Wallace & Co. Sotheby's International Realty
Office Phone 508-627-3313
Agent MLS ID CT005140
Office MLS ID AN9542
Listing Data Updated May 13, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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