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47 E Chop Dr, Oak Bluffs, MA, 02557

$11,000,000

7 Bedrooms
6 Full Baths
3,888 SqFt
$2,829/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1952
HeatingBaseboard, Ductless
CoolingDuctless
WaterfrontWaterfront, Beach, Sound, Harbor, Dock, Water Access, Marina, Ocean Front
ViewOther
MLS #73112884
Lot Size0.29 Acres
StatusActive

About 47 E Chop Dr

East Chop waterfront – Once in a lifetime, a property of this caliber becomes available, with an on-the-water East Chop location, a wide range of amenities, and multi-functional use! Uses include -- 1.) Currently operated as East Chop Harborfront Apartments (6 units), a pre-existing non-conforming use for the past 40+ years, 2.) Use it as a residential home or family compound, or live in a portion and rent a portion, 3.) Potential to convert to condominiums, paperwork presently in process but would be a buyers choice. Located directly on the harbor, this property features outstanding water views of the harbor and sound beyond and is just steps from the tennis club, beaches, ferries to the mainland and downtown. In pristine condition, this 6-unit property includes a 106 ft dock with water/electric for 8 slips and a 40’ T at the end for a 9th boat. Parking for 6-7 vehicles at street in front. Built in 1952, the property has had extensive top to bottom renovations.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1952
  • Living Area: 3,888 SqFt

Listing Office:

  • Office Name: MV Luxury Homes LLC
  • Listing Agent: Perry Patterson

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Beach, Sound, Harbor, Dock, Water Access, Marina, Ocean Front
  • View: Other

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless
  • Cooling: Ductless

Other

Directions Information:

  • Directions: From New York Ave, turn on to East Chop Drive, property is 12th house on the harbor after Our Market

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,000,000
  • Price Per SqFt: $2,829/SqFt

Tax Information:

  • Annual Amount: $21,131
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oak Bluffs, MA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$847

Avg. Days On Market

102

# of Sold Homes

5

47 E Chop Dr vs Oak Bluffs

553 DAYS ON ROCKET

+451 Days

$11,000,000

+$9.6M More

$2,829/SqFt

+$1.9K More

KEY TAKEAWAY

This property is $9.6M more than the Median Sold Price and $1.9K/SqFt more than other homes in Oak Bluffs, MA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73112884

Listing Office:

  • Office Name: MV Luxury Homes LLC
  • Listing Agent: Perry Patterson

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$21,131$2,867,100
2020$20,819$2,798,300
2019$20,868$2,713,600
2018$19,435$2,482,100
2017$18,824$2,309,700

History based on county public records data.

Payment Calculator

$54.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$33K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-292042
4
/10
  • Mullen-Hall

  • 130 Katherine Lee Bates Rd

  • 6.96 miles

  • Public District Grades KG-4

school-card-donut-292043
8
/10
  • Teaticket

  • 45 Maravista Avenue Ext

  • 7.51 miles

  • Public District Grades PK-4

school-card-donut-292044
5
/10
  • East Falmouth Elementary School

  • 33 Davisville Rd

  • 7.97 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,470. Most Oak Bluffs, MA residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 47 E Chop Dr

What is the listing price of this property?

The listing price of 47 E Chop Dr property is $11,000,000.

What type of property is this?

The property 47 E Chop Dr is a house located in Oak Bluffs, Massachusetts, 02557.

Is this property for sale now?

Active Listing: 47 E Chop Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,131 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 47 E Chop Dr has 7 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 47 E Chop Dr is 3,888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 47 E Chop Dr is 1952.
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Rocket HomesMassachusettsDukes CountyOak Bluffs0255747 E Chop Dr

This home is located at 47 E Chop Dr in Oak Bluffs, MA and zip code 02557. This 3,888 square foot home, which was built in 1952, sits on a 0.29 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 17, 2023 and is currently priced at $11,000,000.

In October 2024 more than 0 listings in Oak Bluffs, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Oak Bluffs, MA decreased by 8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,325,000, while the average time on the real estate market was 102 days.

From Rocket Homes Real Estate and based on county public records data.

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