4 Canonicus Avenue
Tisbury, MA · $5,325,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

4 Canonicus Avenue

Tisbury, MA 02557
$5,325,000
68 days on market · DEL → ACT on Mar 19, 2026
Data refreshed Apr 8, 2026
Water viewTax: $16,260/yr (2026)
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Type
SF
Beds
6
Baths
4
Sq Ft
2,890
Acres
0.2
Year Built
1870
$ / Sq Ft
$1,843
Days on Market
68

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$29,182
Cash Flow / yr
$-251,154
Cash-on-Cash
-16.8%
Cash Required
$1,491,000
Projected Revenue / yr
$154,713
Avg Daily Rate
$921
Occupancy
46%
STR Range (P50)
$111,184
🟡 MEDIUM RISK — Registration required. Town meeting regulations.
STR revenue range: $72,375 – $154,976
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Location & Nearby

Map of 4 Canonicus Avenue, Tisbury MA with nearby beaches and points of interest
HThis property
  • A
    🏖️ Pay Beach
    0.34 mi
  • B
    🌲 Farm Pond Preserve
    0.35 mi
  • C
    🛝 Niantic Park Playground
    0.38 mi
  • D
    🌲 Ocean Park
    0.48 mi
  • E
    🍽️ Bangkok Cuisine
    0.49 mi
  • F
    🍽️ The Sweet Life Café
    0.50 mi
  • G
    🍽️ MV Salads
    0.50 mi
  • H
    🍽️ Offshore Ale Co
    0.50 mi

About this property

Overlooking Nantucket Sound and just steps from the vibrant heart of downtown Oak Bluffs, this distinctive compound blends laid-back West Coast style with classic island charm. The light-filled four-bedroom main house has been thoughtfully updated with modern, year-round comforts. Privately set at the rear, the guest house known as The Nest offers a peaceful retreat with a private deck, outdoor shower, parking, and mini-split climate control; its upstairs bedroom enjoys views from Farm Pond to Nantucket Sound. Completing the property is the charming Lilac House, a fun open-concept bunk house with a full bath, water-view deck, and private outdoor shower. A wraparound porch captures sweeping ocean views, while beaches, shops, restaurants, Circuit Avenue, and the Harbor are moments away. An established rental history further enhances this rare opportunity in one of Oak Bluffs' most iconic locations.

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Listed by Katie Donahue & Rachel Serwa Group, Sandpiper Realty,Inc.