Co-Ownership Opportunity: Charming 1-Bedroom Coastal Cottage on a Spacious Lot in Oak Bluffs, MA

Have you always dreamed of owning a classic Cape Cod-style cottage near the beach, but without the full cost and upkeep? Here’s your chance to co-own a delightful 1-bedroom retreat nestled on a large lot just moments from public beach access. I’m seeking co-owners to join me in purchasing this affordable, character-filled property and forming a shared ownership group.

Whether you’re looking for a peaceful vacation getaway, a weekend escape, or a long-term investment in a high-demand coastal area, this cottage is a great opportunity to enter the market at a fraction of the price.

Property Overview

• Location:26 Winthrop Ave, Oak Bluffs, MA
• Listing Price: $899,000 (Shared evenly among co-owners)
• Platform Fee: $6,421 5% of the total price (fully refundable if the deal does not proceed)
• Property Type: Single-Family Residence
• Year Built: 1950
• Living Area: 803 sq ft
• Lot Size: 14,810 sq ft (0.34 acres)
• Zoning: R1 Residential
• Style: Cottage / Beach House

Interior Details

• Total Rooms: 4
• Bedrooms: 1 bedroom located on the main level
• Bathrooms: 1 full bathroom

Floor Plan:

• First Floor: Kitchen, living room, bedroom, and full bath
• Second Floor: Open loft or storage space
• Flooring: Hardwood throughout
• Heating System: PMonitor heating (efficient and reliable)

Appliances:

• Propane stove
• Laundry hookup available in basement

Basement and Utilities

• Basement: Partial, includes hot water heater, updated electric panel, and washer hookup
• Sewer: Private septic system
• Water: Town water supply
• Electric: Updated electrical panel

Exterior Features

• Deck: Private outdoor deck area for entertaining or relaxing
• Lot Description: Expansive, open lot offering privacy and potential for expansion or additional landscaping
• Views: Residential surroundings with peaceful natural setting
• Beach Access: Close proximity to a public beach, ideal for summer enjoyment

Parking

• Off-Street Parking: Available on site
• Garage: None currently, but ample space available on the lot for future addition if desired

Tax and Ownership Information

Annual Taxes: $3,636.63 (2024)

No HOA Fees

• Zoning: Residential R1
• Foundation: Stone foundation
• Property Age: Approximately 75 years

How Co-Ownership Works

Step 1: Form the Group

I am seeking [insert number] co-owners to form an LLC and collectively purchase this home. Each co-owner will contribute an equal share of the total purchase price.

Step 2: Secure the Property

A small, fully refundable 5% platform fee is required to secure your share and ensure serious interest.

Step 3: Escrow & Legal

Funds are held in escrow until the ownership group is complete. We will form an LLC to handle ownership, use agreements, and property management fairly and transparently.

Step 4: Enjoy & Manage Together

Plan vacation time, split maintenance, and enjoy all the benefits of beachside ownership at a fraction of the cost and responsibility.

Why This Property?

• Affordable entry into the coastal market
• Low maintenance single-level living
• Quiet, residential setting near a public beach
• Room to expand or enhance
• Perfect for seasonal stays, long weekends, or potential rental income

Interested in Joining the Ownership Group?

If you’d like to learn more about joining this co-ownership opportunity and securing your share of this beachside cottage, reach out today. Let’s make coastal homeownership a reality—together.

Contact for more information:

Phone: 774-296-8985

Email: support@invastor.com