61 Wood Chips Cir, Tisbury, MA, 02568
About This Home
Set on a private, wooded lot in Vineyard Haven, this recently built home offers a rare combination of immediate enjoyment and exceptional future potential. Built in 2021, the thoughtfully designed 1-bedroom residence features a bright, modern interior, energy-efficient solar panels, and a peaceful setting surrounded by nature. The true value lies in the property’s remarkable expansion possibilities. A 6-bedroom septic system is already installed, allowing for the future construction of a substantial 5-bedroom main house while retaining the existing home as a guest house, rental property, or secondary dwelling. The lot also has ample room for a pool and outdoor entertaining spaces, creating an ideal Vineyard compound opportunity. Ideally located just over a mile from both the West Chop Club and Mink Meadows Golf Club, as well as downtown Vineyard Haven, the property offers convenient access to golf, boating, dining, shops, and ferry service while still maintaining a quiet, tucked-away feel. Nearby walking trails and conservation land further enhance the property’s unique sense of privacy and connection to the outdoors. Whether you are seeking a turnkey Vineyard retreat, an investment opportunity, or the perfect canvas for a future estate, this offering presents incredible flexibility in one of the island’s most sought-after areas.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Poured concrete
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Stove: YES,Washer: YES
Basement
- Has basement: Yes
- Basement: Full unfinished walkout basement offering excellent storage and future expansion potential.
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- AC,Ins,Floor 1: The first floor features a bright and open-concept layout that seamlessly connects the living,dining,and kitchen areas,creating an inviting and functional space for everyday living and entertaining. Just off the kitchen is a private bedroom and a full bathroom,offering convenient single-level living.
Heating
- Heating features: Heat Pump
Interior Area
- Total structure area: 768
- Total interior livable area: 768 sqft
Property
Details
- Parcel number: TISBM0004BB00000L0183
- Zoning: R25
Features
- Exterior features: PubBch,Garden
- Has view: Yes
- View description: None,Trees/Woods
- Frontage type: None
Lot
- Lot size: 0.71 Acres
- Features: Spacious yard with fenced in garden.
Parking
- Parking features: Ample parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,042 | $72,504 |
| Home Insurance * | $634 | $7,608 |
| Property Taxes | $763 | $9,156 |
| Electricity | $354 | $4,259 |
| Total | $7,793 | $93,516 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-23 | Listed for sale | $1,195,000 |
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