
116 Franklin Ter Tisbury — Photo 1 of 38
$1,350,000
116 Franklin Ter, Tisbury, MA 02568
Tisbury, MA 02568
Beds
4
Baths
3
SqFt
1,714
Style
Single Family
Built
1971
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!
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Tisbury, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.11 x 12.11
Dining Room
Lvl First6.5 x 12.11
Kitchen
Lvl First9.1 x 13.5
Master Bedroom
Lvl Second14.1 x 23.3
Bedroom 2
Lvl Second12.11 x 23.3
Bedroom 3
Lvl First13.2 x 13.5
Bedroom 4
Lvl First12.11 x 12.11
Bathroom 1
Lvl Second3.11 x 10
Bathroom 2
Lvl Second3.11 x 10
Bathroom 3
Lvl First5.5 x 9.7
Population
9,412
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$115K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
21.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Dukes County
164 housing units permitted in the last 12 months (+80% vs the prior 12 months) — 35 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 857 sq ft (the lesser of 900 sq ft or half the 1,714 sq ft principal dwelling). Lot size: 12,975 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Pricila Ray
Listing Office: Keller Williams Realty
MLS® Number: 73464793
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