PO Box 26, Menemsha, MA 02552

PO Box 26, Menemsha, MA 02552

Available Property

Oak Bluffs - 7 Pennacook Avenue

On Sale $1,870,000 - Multi-Family
4738 sq ft 8 Bedrooms4 Bathrooms1 Garages Print this page

In the coveted Copeland District, steps from beach and town: An unparalleled palace of a property awaits the fortunate investor. Dunmere-by-the-Sea, a soaring, three-story edifice was once an elegant hotel of Oak Bluffs' heyday as a swinging Victorian resort. For the past 40-plus years, this "wedding cake" with panaromic views of Nantucket Sound has served its owners well as a three-unit apartment building with vacation tenants from as near as Boston and as far as Budapest, including many longtime repeaters. Updates over the years have spared many elements of period charm, such as the mansard roof, substantial "gingerbread" trimmings and curvaceous interior stairway. Each unit enjoys bright and spacious floor-through living, with open common areas, full kitchens and baths, two-plus bedrooms and water views. They share use of a laundry, a deep wraparound porch, four parking spaces and generous yard space for lounging and cookouts. The raised finished basement, inclusive of full bath and laundry, has full windows and both indoor and outdoor entries. The opportunities abound: Glamorously upgrade or stay true to the "old school" cottage ambience. Continue the lucrative landlord tradition. Or create condominiums (subject to town permitting). Or go rogue and transform the building into your personal and amazing single-family domain. Property is eligible for tie-in to the town sewer.

Basement
Raised, finished basement with full windows. Hardwood floors! Common living area. Two bedrooms. Recently updated full shower bath. Piggyback washer/dryer. Storage. Indoor and outdoor entries.

1st Floor
Main entry from common wraparound porch. Apartment One: Open living/dining area with egress to porch. Kitchen. Two bedrooms. Full bath.

2nd Floor
Apartment Two: Open living/dining area. Kitchen. Three bedrooms. Full bath. Exclusive access to expansive outdoor wraparound deck. Common laundry area, with half bath, accessible to all three apartments via rear stairway.

Listed by Coldwell Banker Landmarks

Property Map

Lucinda Buehler Schweikert

Lucinda Buehler Schweikert

Lucinda came to Martha’s Vineyard three decades ago on vacation and rented a farm in Chilmark one summer to ride her horse by the sea and to explore the country back roads with her camera. “I kept thinking about going back home one day, until I realized I was already there.”. The island magic kept Lucinda here to raise a family and begin a career in Martha’s Vineyard real estate. With the Dallas social swirl and the fast paced advertising media world of Madison Avenue in her background, Lucinda brings business savvy and ease with people to her professional life on the Vineyard. With a ready smile, a knack for the back roads and decades worth of experience and knowledge, Lucinda specializes in Chilmark and Aquinnah’s beautiful up-island properties. Lucinda is dedicated with a verve to helping her real estate clients find their Martha’s Vineyard dream home, whether for a week or a lifetime.

Please contact the office for an agent to help you.

  • Office : 508-645-2658

Contact

Loading...