Active
37 Days on market
450 Lieutenant Island Rd Wellfleet — Photo 1 of 42

450 Lieutenant Island Rd Wellfleet — Photo 1 of 42

Recent Drop: $90,000

$879,000
$789,000

$789,000

Investment Analysis — 450 Lieutenant Island Rd

Wellfleet, MA 02667 — Lieutenant Island

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02667 carries an estimated $2,980/mo in gross rent — about a 2.71% cap rate and $21,351/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,088

Style

Single Family

Built

1963

BACK on market due to financing issue. Beloved 4-bedroom mid-century contemporary Ranch; a cherished family home since 1963. Seller installing brand-new septic system prior to closing. Nestled just one house away from the Lt. Island bridge. This property offers unparalleled access to some of the area's most secluded and pristine bayside beaches. The main level features an inviting living room with a brick fireplace and door leads to a rear deck—perfect for summer entertaining. The layout flows seamlessly to the enclosed kitchen. Dining room is separate and spacious. All rooms on first floor boast of high ceilings that enhance the sense of space. A highlight is the extraordinarily spacious main bedroom addition, complete with a dedicated wall of closets. The walk-out lower level is fully finished, providing two additional bedrooms, a full bathroom, and a generous family room. This versatile floor plan is an excellent fit for multi-generational living or guest privacy. Awaiting your creative cosmetic upgrades. Don't miss this opportunity to secure a mid-century retreat with 1 car garage in a premier coastal location. Reach out today to schedule a showing and make this home your own!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,088 sq ft principal dwelling). Lot size: 15,682 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$879,000
Annual Taxes$5,827

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingElectric Baseboard, Electric
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningR30

Property & Lot

Acres0.36
SqFt Lot15,682
Lot FeaturesGentle Sloping, Level

Amenities & Appliances

Electric Water Heater

Geography

Property History

Price Drop
$789,000

Was $879,000

Aug 15, 2026

MLS® 73563698

Listed
$879,000

Aug 14, 2026

MLS® 73563698

Listing Provided By

Listing Agent: Amanda Robinson

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73563698