Austin RE Properties of MV Logo

5 Paula Avenue

$1,400,000

Lambert's Cove, Vineyard Haven, MA 02568

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5 beds

2 baths

8 rooms

2,083 SqFt

MLS #44590

Discover the opportunity to make this spacious Vineyard Haven home your own, ideally located on the desirable lower end of Lambert's Cove Road. Just across from Pilot Hill Road and approximately one mile from the pristine shores of Lambert's Cove Beach, this well-positioned property offers the perfect blend of convenience, privacy, and potential. Spanning three levels, this five-bedroom, two-and-a-half-bath home offers over 2,000 square feet of living space on a generous 0.26-acre lot, providing an exceptional combination of space, flexibility, and future possibilities. Painted wood floors and inviting living spaces showcase the home's enduring character and timeless appeal. Outside, the property features ample parking, with additional parking and open space both above the home and to the rear of the property, offering endless possibilities for entertaining, recreation, or future enhancements. An approved six-bedroom septic system presents an outstanding opportunity for expansion, allowing the next owner to maximize the property's full potential. Whether you're looking for a year-round residence, a seasonal getaway, or an investment opportunity, this property is ready to be enjoyed today while offering the opportunity to create something truly special for the future.

Property highlights

Stove

Washer

Unfurnished

Patio

Septic Tank

Cable

Well Water

Property Details

Association Fee:
Association Fee Includes:
Basement:
Walk out with 1 bedroom and one full bathroom
Fireplace Features:
Woodstove
Flooring:
Wood, Tile, Carpet, Linoleum
Foundation Types:
Concrete
Frontage Type:
Heating:
Electric
Interior Features:
OShFloor 1: Kitchen, dining room, living room, first floor bedroom and one full bathroomFloor 2: Three bedrooms, one half bath and one bonus area
Link MLS Comments:
Lot Features:
yes
Parking Features:
yes, two seperate lots one off of Paula Av one off of David Av
Possible Use:
Assessed Building Value:
634100.00
Assessed Land Value:
468400.00

Price History

July 16, 2026
$1,400,000

Tax Information

This property was most recently assessed in 2025. It has been assessed at a value of $1,102,500. The annual tax responsibility for this property is $8,180.55.

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