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$1,325,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1,714 Sq. Ft.
  • 0.3 Acres
  • Updated 5 days ago
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Nestled on a quiet street just moments from the heart of Vineyard Haven, this well-maintained 4 BR, 3 BA home offers a winning blend of comfort, privacy, and classic island appeal. The sun-filled main level features an open-concept living area flowing seamlessly into a bright, updated kitchen with center island, ideal for everyday living and casual entertaining. Two 1st floor bedrooms and a full bath provide excellent flexibility for guests, home office space, or convenient one-level living, while upstairs offers two spacious en-suite bedrooms designed for privacy and relaxation. Outdoor living shines with a deck overlooking the yard, plus a lower-level bonus with laundry, storage, and workshop potential. Peacefully set yet close to it all, enjoy easy access to public beaches, Tisbury School, and just 0.5 miles to Main Street Vineyard Haven with shops, dining, and ferry access. Perfect as a year-round residence, second home, or investment opportunity-this property checks all the boxes!

Full Property Details for 116 Franklin Terrace

General

  • Price: $1,325,000
  • Taxes: $6,253 (2024)
  • Status: Active
  • Type: Single Family
  • Source: CCI
  • MLS ID: 22600011
  • Updated: 10/15/2026
  • Added to Site: 292 day(s) ago

Interior

  • Number of Rooms: 7
  • Appliances: Dishwasher, Microwave, Electric Range, Water Heater
  • Flooring: Vinyl, Wood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Primary Bedroom, 14'10'' x 23'3'', Second Floor
  • Bedroom 3: 13'2'' x 13'5'', First Floor
  • Bedroom 4: 12'11'' x 12'11'', First Floor

Other Rooms

  • Dining Room: Dining Room, 6'5'' x 12'11'', First Floor

Exterior

  • Exterior Features: Garden
  • Deck/Patio: Deck, Porch

Parking

  • Total Spaces: 6
  • Parking Features: Driveway, Off Street, Paved, On Street

Location

  • Area: Vineyard Haven
  • County: Dukes
  • Driving Directions: Franklin Street to Franklin Terr (Google shows Franklin Ave)

Heating & Cooling

  • Heating Type: Oil

Utilities

  • Water: Public

Structural Information

  • Construction: Shingle Siding
  • Exterior Const.: Shingle Siding
  • Basement Desc.: Full
  • Roof: Asphalt, Pitched
  • Stories/Levels: 2
  • Square Feet: 1,714
  • Year Built: 1971

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 12,975

Financial Considerations

  • Price Per Sq. Ft.: $773.05
  • Assessment Amount: $783,600
  • Land Assmt: $390,700
  • Tax Amount: $6,253
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: None
  • Property ID: TISB M:0026D B:00000 L:09.10

Listed by Keller Williams Realty, Pricila Ray

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Listing agent

— 116 Franklin Terrace —

  • Pricila Ray

    Keller Williams Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Franklin Terrace

School Districts:Tisbury School District, Martha's Vineyard School District
NameGradesDistance
Tisbury Elementary School
40 West William Street, Tisbury, MA 02568
PK-80.5 mi
Marthas Vineyard Regional High School
100 Edgartown-Vineyard Haven R, Oak Bluffs, MA 02557
9-123 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Franklin Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/11/2026
Price Reduced
$1,325,000
-1.85%
MLS
1/02/2026
Listed
$1,350,000
200%
MLS
2/08/2005
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116 Franklin Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,921
11%
$914,300
17%
2024
$6,253
8%
$783,600
-1%
2023
$5,776
10%
$789,100
31%
2022
$5,248
13%
$603,200
19%
2021
$4,650
4%
$507,100
6%
2020
$4,458
2%
$477,800
—
2019
$4,381
12%
$477,800
16%
2018
$3,906
—
$413,300
-4%
2017
$3,918
4%
$430,100
4%
2016
$3,779
12%
$412,600
9%
2015
$3,367
6%
$377,500
—
2014
$3,176
—
$378,600
1%
2013
$3,177
—
$374,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty, Pricila Ray

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116 Franklin Terrace, Tisbury, MA 02568 (MLS# 22600011) is a Single Family property with 4 bedrooms and 3 full bathrooms. 116 Franklin Terrace is currently listed for $1,325,000 and was received on January 02, 2026. Want to learn more about 116 Franklin Terrace? Do you have questions about finding other Single Family real estate for sale in Tisbury? You can browse all Tisbury real estate or contact a Coldwell Banker agent to request more information.

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