Single Family Home For Sale in Vineyard Haven #43489

Property For Sale Description

A Rare Compound Opportunity in the Heart of Vineyard Haven - 128 & 136 Spring Street—two adjacent properties being sold together to create a unique, flexible compound just moments from the Tisbury School and downtown Vineyard Haven. With a spacious main residence and a separate guest house, this rare combination presents a compelling opportunity for multigenerational living, seasonal enjoyment, or year-round use with rental income potential.

The main house features four bedrooms and two-and-a-half bathrooms, along with a separate one-bedroom in-law apartment complete with a full bath—ideal for extended family, guests, or added rental flexibility. The guest house currently offers one bedroom and one bathroom, but is served by a four-bedroom septic system, allowing for potential expansion to accommodate up to four bedrooms.

Whether you're a family seeking room to grow, a seasonal buyer looking for a turnkey retreat, a local professional in need of versatile housing, or an investor exploring value-add potential, this property delivers.

The central location offers convenience to schools, ferry, shops, and beaches, while the layout allows for privacy, adaptability, and long-term value. Live in one home and rent the other, host with ease, or reimagine the compound to suit your vision.

Few properties on Martha’s Vineyard offer this level of space, flexibility, and opportunity in such a walkable, well-connected neighborhood.

Floor 1: Front formal entry opens to a large living room to the right with a wood-burning fireplace and a formal dining room to the left. To the rear of the home is a spacious kitchen and a small dining area that opens to the rear patio. Alternative entry opens to a sizable mudroom which provides access to the in-law apartment. In-law suite features combined kitchen/living area and bedroom with en-suite bathroom, plus 105sf loft space.

Floor 2: Large master bedroom with ensuite full bathroom complete with soaking tub and dual sinks. Three additional bedrooms share another full bathroom with shower/tub combo.

Basement: Full basement,of which 1,428 square feet is finished with both interior/exterior access.

Other Buildings:

Second Dwelling: ESd

Lot: Large front and back yard