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Oak Bluffs - 28 Beach Road # 28
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Asking Price: $4,500,000
Original Price: $4,500,000 Type: Single Family
Square Feet (ELA): 1800 Lot Size (Acres): 0.99
Total Rooms: 7 LINK ID: 38934
Beds/Baths: 4/2.5 Status: Off Market
Furnished: Un-Furnished Owner: Lewis Real Estate Services , LLC
A Coup d' Ville in Oak Bluffs! This property is built across 6 lots spanning about .99 acres of land. Newly constructed in 2017 perched upon concrete pillars with breakaway walls that serve as added garage space or entertainment space beneath the home. The home is perfectly located with spectacular, unobstructed views of the Harbor and Lagoon. Relaxing on the multi level deck while watching the sailboats and ferries come and go is sensational - watching the sunsets are a daily activity and something to boast about on a nightly basis. The sound and shatter proof windows allows the experience of the beautiful island scenery while affording the luxury of personal privacy at the same time. The lot is spacious enough to add another structure or the possibility of a privately fenced in ground pool . The Bedrooms are all oversized with the master featuring a walk in closet and suite bathroom . The views of the Harbor and Lagoon can be accessed from 90% of the home on both levels - There is 1800 sqft of living space with an additional 800 sqft of deck space big enough to enjoy lunch or dinner outdoors while taking in the views from all angles. Ash hardwood makes up the flooring throughout the home with open floor space to enjoy modern living. Central Air, propane fire place , electrical heat pump controlled with gas cooking add to the comfortability. The exterior boast enclosed out side shower , a garden aligned with beautiful flowering that surround decking for outside grilling with plenty of space left for yard games. The irrigation system keeps the yard plush and green .... The State is building a bike path that goes directly down beach road past the home .The project is expected to increase the value and visibility. A privacy fence can be added to the lot to enrich the property without obstructing its nature or views while increasing the rental value through such exposure. From an investment prospective the property produced over 150k in rental income over 6-7 month period in 2021. The property is fully booked from August 1, 2022 through September 17th , 2022 at a rate over 65K . The property rents all season long as we enjoyed rental income each month of the year . We take advantage of enjoying the property when not rented and strike the perfect balance of earning passive income while enjoying our home at the same time. The sale of this property is subject to Seller going into contract for another property that is currently in negotiations.
Property / Parcel Info
Map: 6
Lot #: 67-72
Zoning: RES
Plan:
Deed Ref.: 1492/888
Water: Town
Sewer: Town
Water Frontage: Harborfront
Lead Paint: Unknown
Second Dwelling: Potential
Taxes and Fees
Assessment Year: 2021
Land Assessment: $1,004,900
Building Assessment: $511,600
Total Assessment: $1,516,500
Estimated Taxes: $0.00
Building Information
Year Built: 2017
Year Renovated: 0
Total Rooms: 7
Total # of Bedrooms 4
First Floor Bedrooms: 3
# of Full Bathrooms 2
Half Baths 1
Fireplaces: 1
Floors: 2
Heat: Heat Pump
Yard: Full grass
Parking: Yes
Foundation: Concrete pillars with Breakaway walls
Other Buildings: Garage
Outdoor Spaces/Recreation: Water Views, Deck, Garden, Patio, Porch, Hot Tub, Beach Access - Public
Appliances & Other Amenities
Stove: Thermador
Refrigerator: Thermador
Dishwasher: Thermador
Washer: GE
Dryer: GE
TV Service Type: Cable
Amenities: Alarm, Central A/C, Disposal, Insulation, Irrigation, Outdoor Shower
Firm and Commissions
Listing Firm: Lewis Real Estate Services, LLC
Descriptions / Comments
Basement: No
1st Floor: 3 Bedrooms , 1 full bath , laundry , with living Room. Outside decking for lounging on both sides of house with Jacuzzi and views of lagoon and harbor.
2nd Floor: Master Bedroom, 1.5 baths , Kitchen/ dining area and living Room , Outside decking on both sides for lounging with views facing lagoon and Harbor
3rd Floor: No
Other Structures: Outside patio area with floor decking for grilling ...
Second Dwelling:
Map
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Listing Updates
10/21/2021-New Listing
11/24/2021-Off Market
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