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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

Tax Information

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

School Information

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

Parking

  • Parking Spaces6
  • Parking Features Off Street

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

Basic Information

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

Location

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

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

Property

  • Acreage0.3

Interior

  • Flooring Wood, Tile, Vinyl / VCT

Exterior

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

Utilities

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

Property Information

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

Amenities

  • Appliances IncludedElectric Water Heater, Range, Dishwasher, Microwave

Water Body

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

Other

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

Map Location

Driving Directions

Listed by Pricila Ray of Keller Williams Realty

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