Active
122 Days on market
15 Bay Lane Chatham — Photo 1 of 40

15 Bay Lane Chatham — Photo 1 of 40

$4,950,000

Investment Analysis — 15 Bay Lane

Chatham, MA 02633

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 4-bedroom in 02633 carries an estimated $3,400/mo in gross rent — about a 0.37% cap rate and $18,345/yr in estimated NOI at the $4,950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4.5

SqFt

5,110

Style

Single Family

Built

2013

Nestled in an elevated position overlooking Chatham Seaside Links, this architectural masterpiece embodies classic coastal elegance and is turn key, furnished and ready for summer! Just a stone's throw to Chatham's pristine beaches and the Village's renowned restaurants, the residence offers a private oasis. It is framed by masterful stonework, open-air living spaces, and artisanal native plantings--setting a captivating tone before you even step inside. The foyer sets the stage for the exceptional design that unfolds within. Built by Steven Nickerson, meticulous millwork, custom Kochman Reidt+Haigh cabinetry accentuating many spaces, and intricate architectural details are found throughout the home. The house boasts an extraordinary level of artistry and craftmanship. The main living room with fireplace is refined yet comfortable and flows seamlessly into an intimate sitting area, partitioned by a custom-built cabinet containing a motorized TV lift, creating multi-use spaces.

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 5,110 sq ft principal dwelling). Lot size: 14,109 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.

Property Details

Financials

Original Price$4,950,000
Annual Taxes$12,663

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms12
Fireplaces1
FlooringWood, Flooring - Wood, Flooring - Hardwood
BasementFull, Partially Finished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.32
SqFt Lot14,109
Lot FeaturesCleared

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 3Bedroom 4
First
Bedroom 2
Basement
Office
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

Beamed Ceilings, Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

Flooring - Hardwood

Kitchen
Lvl Main,First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, French Doors, Cabinets - Upgraded, Exterior Access, High Speed Internet Hookup, Recessed Lighting

Office
Lvl Basement

Flooring - Wood

Master Bedroom
Lvl Second

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Property History

Listed
$4,950,000

May 13, 2026

MLS® 73518596

Expired
$4,950,000

Jun 30, 2025

MLS® 73343719

Listed
$4,950,000

Mar 11, 2025

MLS® 73343719

Listing Provided By

Listing Agent: Chris Rhinesmith

Listing Office: Compass

MLS® Number: 73518596