MLS #43489
Vineyard Haven Real Estate

A Rare Compound Opportunity in the Heart of Vineyard Haven - 128 & 136 Spring Street—two adjacent properties being sold together to create a unique, flexible compound just moments from the Tisbury School and downtown Vineyard Haven. With a spacious main residence and a separate guest house, this rare combination presents a compelling opportunity for multigenerational living, seasonal enjoyment, or year-round use with rental income potential. The main house features four bedrooms and two-and-a-half bathrooms, along with a separate one-bedroom in-law apartment complete with a full bath—ideal for extended family, guests, or added rental flexibility. The guest house currently offers one bedroom and one bathroom, but is served by a four-bedroom septic system, allowing for potential expansion to accommodate up to four bedrooms. Whether you're a family seeking room to grow, a seasonal buyer looking for a turnkey retreat, a local professional in need of versatile housing, or an investor exploring value-add potential, this property delivers. The central location offers convenience to schools, ferry, shops, and beaches, while the layout allows for privacy, adaptability, and long-term value. Live in one home and rent the other, host with ease, or reimagine the compound to suit your vision. Few properties on Martha’s Vineyard offer this level of space, flexibility, and opportunity in such a walkable, well-connected neighborhood.