47 East Chop Drive, Oak Bluffs MA 02557

Oak Bluffs, MA 02557 • East Chop

$10,500,000

Est. $55,220/month

Beds

Baths

3,888

Sq Ft

$2,701

Price/Sq Ft

0.29

Acres

1952

Year Built

Single Family Residence

Type

933

Days on Market

Active Price Drop -$500,000 Listed May 17, 2023 • MLS# 73112884 Copied!

About this home

East Chop direct waterfront – Enjoy the ultimate. in waterfront living experiences. Features 6 bedrooms, spectacular water views, dock with 9 slips, and just steps from beaches, tennis club, downtown and ferries to mainland! Property has been extensively renovated recently. Uses include -- 1.) Use it as a residential home or family compound, or live in a portion and rent a portion,2.) Currently operated as East Chop Harborfront Apartments (6 units), a pre-existing non-conforming use for the past 70+ years, 3.) Potential to convert to condominiums, paperwork complete but would be a buyers choice. Parking for 6-7 vehicles. Comments -- see Addendum for Additional Disclosure to Existing Exclusive Right to Sell Listing Agreement -- Broker's fee for services rendered is not fixed, controlled or recommended by law, or by any person or entity not a party to this Agreement and are fully negotiable.

Property Overview

Property Type

Single Family Residence

Listing Type

For Sale

Year Built

1952

Bedrooms

Full Bathrooms

Living Area

3,888 sq ft

Total Rooms

Facts & Features

Home Facts

Type Residential

Style Single Family Residence

Year Built 1952

Living Area 3,888 sq ft

Lot Size 0.29 acres

Bedrooms 7

Full Baths 6

Total Rooms 20

Interior

Heating Electric Baseboard, Ductless

Cooling Ductless

Flooring None

Appliances None

Fireplace None

Fireplaces 1

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture Colonial

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Total Spaces 7

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $23,114

Assessed Value $4,790,100

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Style: Colonial

Year Built: 1952

Structure Type:

Exterior Materials:

Roof:

Foundation: Other

Heating, Cooling & Utilities

Heating: Electric Baseboard, Ductless

Cooling: Ductless

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Total Parking Spaces: 7

Parking Features:

Special Features

Fireplaces: 1

Fireplace Type:

Waterfront: Yes

Waterfront Type: Waterfront, Sound, Harbor, Dock/Mooring, Frontage, Deep Water Access, Marina, Harbor, Ocean, Sound, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)

View: Yes

View Type: Scenic View(s)

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School

Location

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Neighborhood

East Chop

47 East Chop Drive, Oak Bluffs MA 02557

Oak Bluffs, MA 02557

Walkability

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Schools

Elementary School

Oak Bluffs

Rating information coming soon

Middle School

Oak Bluffs

Rating information coming soon

High School

Mv Regional Hs

Rating information coming soon

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,926

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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.

Property History

Property Timeline

🏠

Listed for Sale

May 17, 2023

$10,500,000

Original listing

Date	Event	Price	Change	$/sqft	Details
05/17/2023	🏠 Listed for Sale	$10,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 17, 2023	New Listing Added	$10,500,000	—

Market Statistics

Days on Market

933 days

Price per Sq Ft

$2,701

Total Price Drop

-$500,000

Tax History

Year	Taxes	Assessment
2025	$23,114	$4,790,100

Financial Details

Annual Property Tax

$23,114

Tax Year 2025

Assessed Value

$4,790,100

Listing Information

Listing Agent Perry Patterson

Listing Office MV Luxury Homes LLC

Agent MLS ID CN202902

Office MLS ID AN7285

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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47 East Chop Drive, Oak Bluffs MA 02557

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

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Schools

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Loan Summary

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Listed for Sale

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