Charming Co-Ownership Opportunity – Own a Historic 3BR Beach Cottage in Martha’s Vineyard!

Are you seeking to own a classic Martha’s Vineyard cottage without taking on the full cost alone? This is a unique opportunity to co-own a charming and well-preserved 3-bedroom antique home in the heart of Oak Bluffs. I am assembling a group of like-minded co-owners to collectively purchase this historic cottage located just minutes from beaches, shopping, dining, and ferry access.

This home offers the perfect blend of history, character, and coastal lifestyle—making it an ideal vacation retreat or long-term investment. Whether you’re looking for a family getaway, a serene escape, or a property with income potential, this cottage delivers timeless Vineyard appeal.

Property Overview

• Location: 2 Fisk Ave, Oak Bluffs, MA
• Listing Price: $749,000 (Divided evenly among co-owners)
• Platform Fee: 5,350 5% of total price (fully refundable if the deal does not close)
• Property Type: Single-Family Residence
• Year Built: 1870
• Living Area: 725 square feet
• Lot Size: Level lot in the MVCMA neighborhood
• Zoning: Residential
• Style: Antique Vineyard Cottage
• Bedrooms and Bathrooms
• Total Bedrooms: 3
• Primary Bedroom: Located on the first floor with wood flooring
• Bedroom 2: Second floor, features vaulted ceilings and wood flooring
• Bedroom 3: Second floor, also with vaulted ceilings and wood flooring
• Total Bathrooms: 1
• Full bathroom on the first floor with a shower stall and laminate flooring
• Laundry area with washer and electric dryer hookups located on the main level

Interior Details

• Total Rooms: 6
• Living Room: Beamed ceilings, wood flooring, located on the first floor
• Dining Room: Open-concept space with beamed ceilings and wood flooring
• Kitchen: Vaulted ceilings, laminate flooring, and exterior access to the porch and patio
• Interior Finishes: Combination of wood and tile flooring throughout
• Appliances Included: Electric range, refrigerator, washer, dryer, electric water heater

Exterior Features

• Outdoor Spaces: Covered porch, private patio, and upper-level balcony
• Additional Features: Detached storage shed
• Lot Description: Level lot with excellent sun exposure and natural privacy
• Proximity to Water: Located between 0.3 and 0.5 miles from a public beach
• Beach Access: Public beach rights included

Parking and Utilities

• Parking: One leased parking spot (off-street)
• Sewer: Public
• Water: Public
• Electric: Supports electric range, dryer, and water heater

Ownership and Tax Information

• Annual Property Tax: $2,861 (2024)
• Parcel Number: M:0081 B:0363 L:000, 3879147
• Neighborhood: Martha’s Vineyard Camp Meeting Ass ociation (MVCMA)
• Exclusions: Green couch and chair in the living room
• Monthly HOA Fees: None

About the Neighborhood

This property is located in the historic MVCMA neighborhood of Oak Bluffs, known for its iconic gingerbread cottages and vibrant community. Just a short walk from Circuit Avenue, public transportation, parks, bike paths, and ferry service, the area offers the best of Vineyard living with convenience and charm.

How Co-Ownership Works

Join as a Co-Owner

• Several co-owners will pool funds to purchase this property under a shared ownership structure. Each person will contribute an equal share and receive access rights to the home.

Secure Your Investment

• To ensure serious interest, a 5% platform fee is collected upfront. This amount is fully refundable if the transaction does not proceed.

Funds Held in Escrow

• All financial contributions will be secured in an escrow account until the full co-ownership group is established and the property closes.
• LLC Formation for Ownership
• All co-owners will jointly form a Limited Liability Company (LLC) to manage the property, with transparent agreements outlining usage rights, maintenance duties, and potential rental arrangements.

Listing Status and Finalization

• Once all shares are committed and funds are received, the listing will be marked as sold and the purchase process will be finalized.
• Interested in Joining the Ownership Group?
• If you’re looking for a summer home, a beachside retreat, or an investment opportunity in Martha’s Vineyard, this co-ownership model offers an affordable path to ownership. This historic Oak Bluffs cottage combines location, character, and community in one of New England’s most desirable destinations.

For more information or to express interest, contact:

Phone: 774-296-8985

Email: support@invastor.com