$2,325,000 5 Bedrooms 2 Bathrooms

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“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.

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


Floor1 description

Charming living room with wood-burning fireplace, dining room with full ocean views, small single bedroom with ocean views, 2nd bedroom, full bath.Laundry area.

Floor2 description

Two bedrooms.