5 Elbow Lane
Removed from Market
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$1,800,000
Single Family
5 Elbow Lane
Sale Date:
September 29, 2020
Sale Price:
$1,666,625
Last Ask:
$1,800,000
About this Property
Total Rooms
8
Bedrooms
5
Bathrooms
2
Lot Size
5,140 SF
Living Area
1,544 SF
Year Built
1800 (2014)
Views
Ocean, Res
Zoning
SR1
Tax Assessment
$721,200
Estimated Taxes
$6,971
Listed by Congdon & Coleman Real Estate
Property Description
Circa 1800 - A True Historic home located in Sconset Village with unobstructed views of the Atlantic Ocean. This property is One of a Kind ! Convenient to the Village Square and easy access down the white shell path over the Sconset footbridge to the beach below. Adding to the charm of this property - One can experience the sights and sounds of Village living, stroll the quaint streets of Nantucket's eastern end of the island, relax on your lounge chair in the manicured back yard, and end your day admiring the magical sun setting over the ocean. Main House : "Svargaloka" - Sanskrit translated means "Land of Paradise" - as we often refer to our special island. This property has four bedrooms, first floor full bathroom, living room with fireplace, bright sunny dining area. Yard with mature hedges, breathtaking ocean views, patio and enclosed outside shower. Cottage: "Fred's Shed" as we lovingly refer to this cottage - has a separate bedroom with king bed, shower bathroom, galley kitchen, living/dining area with french doors that open to the ocean views. Excellent Rental History. By renting both the house and cottage, the income produced in the past two years grossed over $120,000.