129 Colonial Way
Falmouth, MA · $1,050,000
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📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

129 Colonial Way

Falmouth, MA 02540
$1,050,000
61 days on market · PND → PCG on Apr 7, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA (Zone X)Tax: $5,069/yr (2025)
View on Zillow ↗
Type
SF
Beds
4
Baths
2.5
Sq Ft
2,064
Acres
0.51
Year Built
1983
$ / Sq Ft
$509
Days on Market
61

Investment Snapshot

🟡 MEDIUM RISK
Monthly Carrying
$5,762
Cash Flow / yr
$10,827
Cash-on-Cash
3.7%
Cash Required
$294,000
Projected Revenue / yr
$105,905
Avg Daily Rate
$645
Occupancy
45%
STR Range (P50)
$78,745
🟡 MEDIUM RISK — Registration required with annual renewal.
STR revenue range: $53,459$108,246

Location & Nearby

Map of 129 Colonial Way, Falmouth MA with nearby beaches and points of interest
HThis property
  • A
    🌲 Cardoza Farm
    0.46 mi
  • B
    🌲 Mock Moraine Trails
    0.75 mi
  • C
    🌲 Bourne Farm
    0.78 mi
  • D
    🌲 Wing Pond
    0.94 mi
  • E
    Chapoquoit Yacht Club
    1.08 mi
  • F
    🏖️ Old Silver Beach
    1.42 mi
  • G
    🌲 Florence Sylvia Woodland
    1.99 mi
  • H
    🏖️ Chapoquoit Beach
    2.15 mi

About this property

Set in Pine Bay Estates, this contemporary home offers deeded beach rights to Little Island and a neighborhood-path to access the Shining Sea Bikeway. Just over a half acre, the wooded lot creates a private backdrop while keeping you close to local favorites such as West Falmouth Market, Eulinda's Ice Cream and Chappy Grill. Inside, the first floor includes an L-shaped kitchen, separate dining area, laundry room, and two separate living rooms for flexible everyday use. Upstairs, four bedrooms and two full baths complete the layout. There is potential to convert a room on the first floor to a bedroom if the new homeowners require one. A full unfinished basement and 2-car garage provide generous storage and future potential. Old Silver Beach, a Falmouth favorite, and the SeaCrest Beach Resort sit just over a mile away. The HOA is $500 annually and $295 to Little Island Beach Club annually.

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📋 Falmouth Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Falmouth
Listed by Pamela Heylin, Berkshire Hathaway HomeServices Robert Paul Properties