Situated in a quiet neighborhood, this .25-acre lot offers a level and square space, perfect for building your island home. The location is ideal - just about two miles from the lively downtown of Oak Bluffs and less than a mile from the Lagoon Pond town landing for fantastic boating or kayaking. Engineering work is complete, and the lot is approved for a 1-bedroom house, fitting within Zone II regulations. Additionally, the neighboring lot, which includes a 2-bedroom home, is offered for sale at $720,000, presenting a prime opportunity to increase your living space or investment on Martha's Vineyard.