West Tisbury MA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
73572001
Type:
Other
Year built:
1790
Courtesy: Marcus & Millichap Real Estate Investment Services 617-896-7200
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ADDITIONAL INFORMATION

Lambert’s Cove Inn & Resort is an upscale hospitality asset in West Tisbury, Martha's Vineyard, operating as a 15-room boutique hotel spread across a historic farmhouse, restored stable, and barn. The property generates three distinct revenue streams through its luxury lodging, the high-end restaurant (seating up to 70–80 guests), and its status as a premier wedding venue featuring an English Garden and Great Lawn. The 8- acre estate is being offered for sale with a brand-new 5-year triple-net (NNN) lease yielding $55,000 per month at a 9% Cap Rate, providing a stable passive income opportunity for an investor while the operator manages the day-to-day hospitality and event services. Lamberts Cove represents a rare opportunity to acquire a scaled, income-producing boutique hospitality asset in one of the most supply-constrained resort markets in the United States. Established in 1790 and comprehensively renovated in 2022, the property combines irreplaceable historical character with modern operating infrastructure. The combination of limited competitive supply, meaningful land scale, and enduring destination demand positions Lambert’s Cove Inn as a defensible hospitality investment with stable operating fundamentals and long-term value preservation.

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Andrea D. Conner, License 1?0?0?0?1?8?8, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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West Tisbury Real Estate

West Tisbury is located in Massachusetts. West Tisbury, Massachusetts has a population of 2,976. West Tisbury is more family-centric than the surrounding county with 53.29% of the households containing married families with children. The county average for households married with children is 27.66%.

The median household income in West Tisbury, Massachusetts is $117,035. The median household income for the surrounding county is $77,392 compared to the national median of $69,021. The median age of people living in West Tisbury is 53.9 years.

West Tisbury Weather

The average high temperature in July is 80.1 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 47.3 inches per year, with 30.1 inches of snow per year.

West Tisbury Map

West Tisbury Real Estate Market Conditions

  • Median sales price

    $1,685,000
    23%
    change since last quarter
  • # Active listings

    12
    30-day change

West Tisbury Schools and Demographics

Education near West Tisbury, MA

City County
High School Graduates 98.74 95.81
College Degree - 2 year 8.69 7.81
College Degree - 4 year 63.55 46.05
Graduate Degree 25.28 12.52
Expenditures per Student 36,217 36,217
Students per Teacher 8.7 8.7

Elementary Schools near West Tisbury, MA

Grades Students P/T Ratio ZIP
Chilmark Elementary School KG - 05 62 9.7 02535
Edgartown Elementary School PK - 08 359 9.2 02539
Tisbury Elementary School PK - 08 331 9.1 02568
West Tisbury Elementary School PK - 08 298 8.2 02575

Middle Schools near West Tisbury, MA

Grades Students P/T Ratio ZIP
Cuttyhunk Elementary School 04 - 05 2 1.3 02713

Ungraded Schools near West Tisbury, MA

Grades Students P/T Ratio ZIP
Martha's Vineyard Charter School KG - 12 177 9.8 02575

Demographics near West Tisbury, MA

City County
Neighborhood Type Small town
Population 2,976 20,277
Population Density 119 197
Median Age 53.9 47.9
People per Household 3 3
Median Household Income 117,035 77,392
Average Income per Capita 75,630 51,354

Real estate near West Tisbury