For sale

Price cut: $60K (4/17)

$775,000

51 Lantern Ln, Tisbury, MA 02568

2beds

768sqft

Est.:

Single Family Residence

Built in 1968

0.29 Acres Lot

$728,100 Zestimate^®

$1,009/sqft

$-- HOA

What's special

Classic warmthComfortable carpeted bedroomsFull dry basementCheerful updated bathroom

Find your sweet spot in this charming starter home, ideally located on a quiet street yet within an effortless walk of everything. Forget the car and get your steps in! You're a short jaunt to essentials like Cronig's Market and Shirley's Hardware, AND local favorites including The Maker, Black Dog Cafe, Island Fresh Pizza, Pie Chicks, and Island Adventures Mini Golf. Also within walking distance is the newly renovated Tisbury School! The interior delivers classic warmth, showcasing mellow wide pine floors in the living areas. Enjoy the convenience of an efficient kitchen with deck access to the back yard, a cheerful updated bathroom, and comfortable carpeted bedrooms. The full, dry basement is a blank canvas, offering massive potential. This is your affordable opportunity to settle on Martha's Vineyard! Schedule your showing! Property being sold as-is. Seller providing a 3 bedroom septic design. Buyer is responsible for installation and payment of the new system.

166 days

1,381

38

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Has Heating (Unspecified Type)

Cooling

None

Appliances

Included: Electric Water Heater

Features

Flooring: Carpet, Wood, Tile, Other
Basement: Bulkhead Access,Interior Entry,Full
Has fireplace: No

Interior area

Total structure area: 768
Total interior livable area: 768 sqft

Property

Lot

Size: 0.29 Acres

Details

Parcel number: TISB M:0023B B:00000 L:00007
Zoning: R10
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Shingle Siding
Roof: Asphalt

Condition

Year built: 1968

Utilities & green energy

Sewer: Private Sewer

Community & HOA

HOA

Has HOA: No

Location

Region: Tisbury

Financial & listing details

Price per square foot: $1,009/sqft
Tax assessed value: $670,100
Annual tax amount: $4,570
Date on market: 11/3/2025
Road surface type: Paved

Estimated market value

$728,100

$692,000 - $765,000

$4,721/mo

Price history

Date	Event	Price
4/17/2026	Price change	$775,000-7.2%$1,009/sqft
Source: LINK #43210 Report a problem
11/3/2025	Listed for sale	$835,000+351.4%$1,087/sqft
Source: Martha's Vineyard MLS #32500367 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
5/31/2019	Listing removed	$185,000$241/sqft
Source: Owner Report a problem
12/6/2018	Listed for sale	$185,000-24.5%$241/sqft
Source: Owner Report a problem
3/28/2005	Sold	$245,000-31.9%$319/sqft
Source: Public Record Report a problem
8/10/2004	Sold	$360,000$469/sqft
Source: LINK #10225 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,073 +3.6%	$670,100 +9.2%
2024	$4,897 +15.1%	$613,600 +5.6%
2023	$4,254 +8.5%	$581,100 +29%
2022	$3,919 +6.4%	$450,500 +12.1%
2021	$3,685 +10.5%	$401,900 +12.5%
2020	$3,335 +3.2%	$357,400 +1.4%
2019	$3,232 +5.3%	$352,500 +8.5%
2018	$3,069 +7.9%	$324,800 +4%
2017	$2,844 +10%	$312,200 +10.6%
2016	$2,585 +11.5%	$282,200 +8.5%
2015	$2,319 -6.7%	$260,000 -12.2%
2014	$2,485 -1.1%	$296,200
2013	$2,512 +5.9%	$296,200
2012	$2,373 +4.5%	$296,200 -1.9%
2011	$2,270 -0.9%	$301,800 -13.4%
2010	$2,290 +3%	$348,500 -6.2%
2009	$2,223 +0.7%	$371,700 -7.5%
2008	$2,207 +2.4%	$402,000 +5%
2007	$2,156 +11.8%	$382,900 +3.2%
2006	$1,929 +7.3%	$370,900 +20.9%
2005	$1,798 +20.7%	$306,900 +66.6%
2004	$1,490 +4.6%	$184,200
2003	$1,424 +5.6%	$184,200
2002	$1,348 +4.8%	$184,200 +91.5%
2000	$1,286	$96,200