Sold for $2,300,000

$2,300,000

254 Madaket Rd, Nantucket, MA 02554

4beds

1,547sqft

Single Family Residence

Built in 1970

1.5 Acres Lot

$2,300,400 Zestimate^®

$1,487/sqft

$4,256 Estimated rent

Home value

$2,300,400

Estimated sales range

Not available

$4,256/mo

Zestimate^® history

Owner options

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$4,256/mo

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$4,256/mo

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$10,145/mo

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$10,145/mo

Est. payment

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What's special

Set on approximately 1.5 acres along Madaket Road, this property offers exceptional flexibility in a desirable Madaket location. The existing four-bedroom home, built in 1970, is served by a four-bedroom septic system and is conveniently located near Millie's and west-end amenities. The oversized parcel presents an opportunity to create a substantial Madaket estate compound with room for a main residence, pool, cabana, garage, and studio, while elevated areas may offer the potential for water views. Alternatively, the property may be subdivided, offering additional possibilities for future use. A rare offering with scale and flexibility in one of Nantucket's most sought-after locations, just moments from the island's most celebrated sunsets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 2

Heating

Electric

Features

Fireplace features: 1

Interior area

Total structure area: 1,547
Total interior livable area: 1,547 sqft

Property

Parking

Parking features: Garage - Attached
Has garage: Yes

Features

Exterior features: Porch
Has view: Yes
View description: None, Pasture
Frontage type: None

Lot

Size: 1.5 Acres
Features: Yes

Details

Parcel number: NANTM00594P00212
Zoning: VR

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Concrete Block

Condition

Year built: 1970

Utilities & green energy

Sewer: Septic Tank
Water: Town
Utilities for property: None

Community & HOA

Location

Region: Nantucket

Financial & listing details

Price per square foot: $1,487/sqft
Tax assessed value: $1,651,200
Annual tax amount: $4,478
Date on market: 7/7/2026
Listing agreement: E

Price history

Date	Event	Price
6/23/2026	Sold	$2,300,000$1,487/sqft
Source: LINK #93049 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,478 +6.1%	$1,365,300 +1.3%
2024	$4,219 +10.1%	$1,347,900 +12.9%
2023	$3,832	$1,193,800 +21.2%
2022	--	$985,000 -1.3%
2021	$3,623 +5.2%	$998,000
2020	$3,443 +6%	$998,000 +3.2%
2019	$3,248 +4.6%	$966,800 +9.9%
2018	$3,106 +10.6%	$879,800 +6.2%
2017	$2,808 +10.6%	$828,200 +9.6%
2016	$2,540 -0.3%	$756,000 +7.1%
2015	$2,548 -0.9%	$705,800 +3.3%
2014	$2,570 +2.5%	$683,500
2013	$2,508 -1%	$683,500 -2.3%
2012	$2,533 +1.1%	$699,700
2011	$2,505 -12.5%	$699,700 -26.4%
2010	$2,863 +2.5%	$951,000 -6%
2009	$2,792 +3.4%	$1,011,500
2008	$2,701 +7.2%	$1,011,500
2007	$2,519 +6.2%	$1,011,500 +21.2%
2006	$2,371 +22.8%	$834,900 +42.7%
2005	$1,931 +13.4%	$585,200 +7.6%
2004	$1,703 -2.5%	$544,000 +6.5%
2003	$1,747 +3.5%	$510,800 +19.2%
2001	$1,688	$428,500