31 Cross Rip LaneChilmark, MA 02535Price: $1,275,000

  • Price: $1,275,000
  • Est. Mortgage of $/month
  • 339 Days on Market
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$
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,275,000List Price
  • 1Bedrooms
  • 1Bathrooms
  • 1.88Acreage
Pending

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Listed by Elle Lash 508-560-1213 of Tea Lane Associates
Beautiful private 1.88 acre lot in the North Abel's Hill neighborhood, amidst rolling meadows, lush trees and old stone walls. There is an existing charming 1 bedroom cottage built in 1999. The property has a three bedroom septic that has recently passed Title V, the Chilmark Board of Health has approved the system to serve a two bedroom home with the possibility of approval for a third bedroom. This is a wonderful opportunity to realize your Chilmark dream, by either working with the existing structure or designing a new home. The Chilmark Town Building Inspector has indicated that there can be interior renovations by right, and expansion beyond 800 square feet with a Special Permit from the Zoning Board of Appeals. An Accessory Structure could also be built by right, providing it meets the setback requirements. There are wetlands on the Western edge of the property that mean that any proposed expansion outside of the Building Envelope (see rough sketch in the listing packet created by the Seller's property manager) would need to go before the Chilmark Conservation Commission. The property does not have a share in the Abel's Hill Association (AHA) nor does it have rights to usage of the Abel's Hill private tennis courts or beach access. A buyer may inquire about purchasing a share from AHA, but there is no assurance as to whether a share will be made available, or at what price. Given that the house is situated in a private housing association, the owner may be expected to contribute to the cost of maintaining the shared roadways. Please contact Broker for all showings.

Property Details of 31 Cross Rip Lane

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Based on information submitted to LINKMV as of June 1, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or LINKMV.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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