Martha's Vineyard Homes Under $500K

Scroll down to view current homes for sale on Martha's Vineyard priced under $500K.

Martha's Vineyard Real Estate Under $500K

Call Ocean Park Realty at 508-693-4210 if you have questions about any of these properties or would like to set up a private tour.

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15 Mill Street Edgartown MA

Edgartown, MA15 Mill Street

Price$165,000

Est. Mortgage: $/month

MLS Number 35945

  • Condominium
  • Village Downtown
  • Square Feet 472
  • Bedrooms 1
  • Bathroom 1

Enjoy it all - vacation on Martha's Vineyard, the beaches, shops and restaurants in the historic heart of Edgartown Village, AND rental income for a fraction of the effort and expense of home ownership. Edgartown Commons is a fully managed seasonal property, open May thru October, with on-site property manager, reservations team, housekeeping, linen service and maintenance - regularly voted “Best of the Vineyard:Budget Friendly Accommodation”. Unit 34 overlooks the pool, accommodates up to five guests, and has been beautifully upgraded with granite counters, quality furniture and cheerful decor. Offered fully furnished for a turnkey purchase, rental history and financials available by request.

Listed by Sandpiper Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.66% last updated on Nov 21, 2019
* 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.

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15 Mill Street Edgartown MA

Edgartown, MA15 Mill Street

Price$164,900

Est. Mortgage: $/month

MLS Number 35929

  • Condominium
  • Village Downtown
  • Square Feet 478
  • Bedrooms 1
  • Bathroom 1

EDGARTOWN COMMONS was named the “Best of the Vineyard”: Budget-Friendly Lodging” in 2018 and 2019 by Martha's Vineyard Magazine for a reason. The in-town location, easy access to some of the Vineyard's best public beaches, and the attractive amenities, including outdoor swimming pool and bathhouse, BBQ/picnic and play areas, make this an ideal opportunity. Open from May through October; the Edgartown Commons offers a fully managed Rental Program so you can rent the property for the full season, or when you are not using it. This one-bedroom unit is located in a desirable location in the corner on the ground level next to the pool and is being offered turnkey with all furnishings and contents. Rental history and financials are available upon request.

Listed by Sandpiper Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.66% last updated on Nov 21, 2019
* 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.

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30 Peases Point Way North Edgartown MA

MLS Number 35847

  • Condominium
  • Village Downtown
  • Square Feet 790
  • Bedrooms 2
  • Bathroom 1

THE BEST EDGARTOWN VILLAGE VALUE - Units at Edgartown Commons share all the amenities available in Town as private homes in the neighborhood. Close proximity to the Harbor for fishing, Fuller Street Beach for relaxation, the Stop & Shop, restaurants, coffee houses and shops for browsing. Edgartown Commons includes a children's playground, pool, and several outdoor picnic areas for grilling. A great investment property with exceptional rental history, open from May through October. The Association enthusiastically promotes rentals, managing and operating the entire facility, making this the perfect investment property. This is one of the largest units in the Association in a premier location. The two-bedroom capacity far exceeds the studio and one-bedroom units in comfort and income. The high ceilings and large windows add historic character and keep the space filled with natural light. This is a most distinctive unit in a fabulous location. This property is being offered turnkey with all furnishings and contents. Rental history and financials available on request.

Listed by Sandpiper Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.66% last updated on Nov 21, 2019
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

15 Mill Street Edgartown MA

Edgartown, MA15 Mill Street

Price$165,000

Est. Mortgage: $/month

MLS Number 35723

  • Condominium
  • Village Downtown
  • Square Feet 472
  • Bedrooms 1
  • Bathroom 1

Top Earner and Preferred Location - second floor corner overlooking the pool offers better views and no upstairs neighbor. Unit 30 has been in the same family for over 30 years with a history of well-documented income and a lifetime of cherished family memories. Enjoy it all - time on Martha's Vineyard, the beaches, shops and restaurants in the historic heart of Edgartown Village, AND annual rental income for a fraction of the effort and expense of home ownership. Edgartown Commons is a fully managed seasonal property, open May thru October, with on-site property manager, reservations team, housekeeping, linen service and maintenance. Voted “Best of the Vineyard” and a popular rental accommodation for budget-friendly rates and amenities, including kitchenettes in each unit, outdoor swimming pool and patio, pool house with showers and laundry, BBQ/picnic areas and playground. Unit 30 accommodates up to five guests, and has been impeccably maintained with regular updates and renovations, granite counters, quality furnishings including a sleeper sofa and memory foam mattresses, plus tasteful beachy décor featuring original artwork. Added value is provided by a 'lock off' connector door to Unit 31, when rented together this popular feature allows Units 30 and 31 to be combined into a larger Family Suite. Offered fully furnished for a turnkey purchase, rental history and financials available by request.

Listed by Sandpiper Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.66% last updated on Nov 21, 2019
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

20 Pease Point Way Edgartown MA

Edgartown, MA20 Pease Point Way

Price$169,000

Est. Mortgage: $/month

MLS Number 35689

  • Condominium
  • Village Downtown
  • Square Feet 472
  • Bedrooms 1
  • Bathroom 1

Love being downtown Edgartown when you are visiting Martha's Vineyard? Want it to be a good investment when you can't be here? This one bedroom/1 bath condo at Edgartown Commons may be the place for you. This delightfully renovated second floor corner unit is bright, clean and comfortable. Open from May through October, Edgartown Commons offers owners a unique combination of personal use and investment. Just steps from downtown, the complex operates as a hotel that offers budget-friendly accommodations to island visitors. Amenities include an in-ground pool, playground and a picnic and BBQ area. On-site parking, bikes racks or you can walk around the corner and take the VTA bus anywhere on the Island. Voted 2019 Best of the Vineyard "Best Budget-friendly Lodging." A perfect blend of investment and vacation getaway. There are a total of 35 condos with kitchenettes. On-site rental management. Rental history and financials available on request. For more information about Edgartown Commons, visit www.http://www.edgartowncommons.com

Listed by Island Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.66% last updated on Nov 21, 2019
* 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details