346 Morris Island Road
Chatham, MA · $4,500,000
Zillow ↗
📊 STR projections🏖️ Beach distances🌊 Flood-zone risk📄 Investment dossier💰 Cash-flow analysis

346 Morris Island Road

Chatham, MA 02633
$4,500,000
13 days on market · Listed Mar 26, 2026
Data refreshed Apr 8, 2026
🌊 Not in FEMA SFHA
View on Zillow ↗
Type
SF
Beds
4
Baths
3.5
Sq Ft
2,850
Acres
0.88
Year Built
1972
$ / Sq Ft
$1,579
Days on Market
13

Investment Snapshot

🟢 LOW RISK
Monthly Carrying
$24,053
Cash Flow / yr
$-211,565
Cash-on-Cash
-16.8%
Cash Required
$1,260,000
Projected Revenue / yr
$122,780
Avg Daily Rate
$635
Occupancy
53%
STR Range (P50)
$89,506
🟢 LOW RISK — Registration required with town clerk. No current caps.
STR revenue range: $58,645$123,156

Location & Nearby

Map of 346 Morris Island Road, Chatham MA with nearby beaches and points of interest
HThis property
  • A
    Outermost Harbor Marine
    0.27 mi
  • B
    🚤 Bridge Street Town Landing
    0.45 mi
  • C
    Stage Harbor Yacht Club
    0.50 mi
  • D
    🏖️ Lighthouse Beach
    0.74 mi
  • E
    🌲 Morris Island Dike
    0.80 mi
  • F
    🍦 Buffy's Ice Cream
    0.85 mi
  • G
    🌲 Chatham Lighthouse Park
    0.90 mi
  • H
    Stage Harbor Marina (Chatham)
    0.94 mi

About this property

Panoramic Stage Harbor views are the centerpiece of this exceptional Morris Island waterfront setting. The property offers four bedrooms and 3.5 baths, each room oriented to the scenery beyond. The residence pairs a classic seaside character with an elevated aesthetic. The main living level is bright and welcoming with a high-end kitchen, generous living room and dining area overlooking the water and doors to an expansive waterside deck. A versatile layout supports single-level living, featuring a first-floor suite currently enjoyed as a family room with a fireplace, soaring ceilings, full bath, and access to the deck. The upper level includes three bedrooms and a den, all benefiting from stunning outlooks. Professionally designed grounds provide a sense of seclusion, complemented by a private footpath to the shoreline. An exceptional offering in one of Chatham's most coveted waterfront locations.

Similar listings in Chatham

📋 Chatham Short-Term Rental Rules
Registration, taxes, occupancy caps, and enforcement for STRs in Chatham
Listed by Chris Rhinesmith, Compass