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39 Ferro Way, Tisbury, MA, 02568

5beds
4baths
2,884sqft
$1,488,000
$516price/sqft
$9,821/moest. monthly cost
$392,840/yrincome needed

About This Home

Tucked away on a quiet cul-de-sac, this beautifully maintained single-family home offers the perfect blend of privacy and convenience. Built in 2020, the property features 5 spacious bedrooms and 4 full bathrooms across 2,884 square feet of thoughtfully designed living space.Set on a generous 15,593 sq ft lot, the home provides ample outdoor space with exciting potential for a guest house, garage, or future expansion. A six-bedroom septic system is already in place, offering added flexibility for growth. Ideally located just a short distance from downtown, Lake Tashmoo boat landing, and town tennis courts, this property combines peaceful neighborhood living with easy access to local amenities and recreation. Note: property is located in the Tashmoo Watershed District, but has a NitROE system.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

4/10
Tisbury Elementary SchoolGrades PK-80.2 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Poured Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Stove: LG,Washer: LG - HE

Basement

  • Has basement: Yes
  • Basement: The finished basement offers exceptional versatility, featuring two bedrooms, two full bathrooms, a laundry room, and an abundance of space to suit a variety of needs. Whether you envision a spacious recreation room, home office, gym, or additional storage, this level provides the flexibility to create the perfect extension of your living space.

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 3

Features

  • Ins,MiniSplit,Floor 1: First-floor primary en suite plus second bedroom and full bath,with dining area,living room,eat-in kitchen,office,and laundry.
  • Flooring: Lux Vinyl
  • Fireplace features: 0

Heating

  • Heating features: GFHW

Interior Area

  • Total structure area: 2,884
  • Total interior livable area: 2,884 sqft

Property

Details

  • Parcel number: 228
  • Zoning: R10

Features

  • Exterior features: PubBch,C/Tennis
  • Has view: Yes
  • View description: None
  • Frontage type: None

Lot

  • Lot size: 0.36 Acres
  • Features: 4ft. wide walkway easement centered on the property line with neighbor lot 4,Yes

Parking

  • Parking features: Yes

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 $7,524$90,288
Home Insurance *$790$9,480
Property Taxes $939$11,268
Electricity $568$6,824
Total$9,821$117,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$336,720/yr
40% on housing$294,630/yr
45% on housing$261,893/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

$516This listing

vs Other Active Listings

Avg $/sqft

ZIP 02568$1,113
Dukes County$1,038

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)

Price History

DateEventPrice
2026-05-08Listed for sale$1,488,000
2022-06-03Listing removed--
2021-05-11Sold$987,500
2021-04-28Pending sale$1,098,000
2021-01-12Listed for sale$1,098,000
2017-01-27Sold$225,000

For Sale by Agent

AgentEmily Flake
BrokerageViewpoints

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