“Svargaloka” which means “Land of Paradise” in Sanskrit is a precious, historic gem with abounding and panoramic water views. In addition to seaside living, this well preserved house and cottage abut Land Bank property. “Svargaloka” the four bedroom and one bath house is accompanied by “Fred’s Shed,” an adorable, one bedroom and one bath cottage with a sitting room and kitchen area also boasting the same superb views. The property is located near the footbridge and is surrounded by many historic homes; a neighborhood that has barely changed in 200 years. The house has had many improvements between 2008 and 2014 including a new kitchen, bathroom, plumbing, wiring, painting, roof, brick patio, outdoor shower, a new bath in the cottage. The list continues and is available on request. The gross rent for both the house and cottage over the last two years has been over $150,000.
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$2,325,000
5 Bedrooms
2 Bathrooms
More Information
Address
5 Elbow Lane, Nantucket, Massachusetts
Property Type
Single Family
Property ID
80,105
Price
$2,325,000
Bedrooms
5
Bathrooms
2
Lot Size - Acres
0.1180
Lot Size Sq. Ft.
5143.00
Year Built
1800
Listed
2015-03-31t15:49:20.030
Assessed Building Value
$501,200
Assessed Land Value
$2,320,500
Year of Renovatation
2008
Water view
Ocean
Parking
No
Fireplaces
one
Washer
Yes
Dryer
Yes
Dishwasher
Yes
Fridge
Yes
Stove
Electric
TV
Cable
Street Address
Elbow Lane
Features