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4 Lagoon Pond Rd, Vineyard Haven, MA, 02568

0beds
1baths
1,283sqft
$1,395,000
$1,087price/sqft
$8,681/moest. monthly cost
$347,240/yrincome needed

About This Home

Located at the five corners, this rare commercial property presents an opportunity to set your future business venture up for success. This prime location captures the attention of every single vehicle disembarking the Vineyard Haven Ferry! There are 2.5 parking spots included. Please note that the bike shop business is not for sale. This offering is solely for the real estate. The sellers require a deed restriction that prevents the property from ever being used as a bike rental shop. Seize this unique chance to establish your business in a highly visible area.

Getting Around

70
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

4/10
Tisbury Elementary SchoolGrades PK-80.5 mi

Construction

Condition

  • Year built: 1945

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • A,Ins,MiniSplit

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 1,283
  • Total interior livable area: 1,283 sqft

Property

Details

  • Zoning: COMM

Lot

  • Lot size: 3,998 sqft

Parking

  • Parking features: Yes - 2.5 Spots

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
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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

MonthlyAnnual
Mortgage $7,053$84,636
Home Insurance *$740$8,880
Property Taxes $534$6,408
Electricity $354$4,259
Total$8,681$104,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$297,634/yr
40% on housing$260,430/yr
45% on housing$231,493/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,087This listing

vs Other Active Listings

Avg $/sqft

ZIP 02568$1,087
Dukes County$1,033

vs Homes Sold Last Month

Median $/sqft

ZIP 02568$665
Dukes County$616

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)

No zestimate history available

Price History

DateEventPrice
2025-10-10Price change$1,395,000
2025-05-21Listed for sale$1,445,000

For Sale by Agent

AgentJarrett Hurwitz
BrokerageKeller Williams Realty

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