Active
488 Days on market
645 S Orleans Orleans — Photo 1 of 42

645 S Orleans Orleans — Photo 1 of 42

Recent Drop: $1,250,000

$3,950,000
$2,700,000

$2,700,000

Investment Analysis — 645 S Orleans

Orleans, MA 02653

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 7-bedroom in 02653 carries an estimated $3,010/mo in gross rent — about a 0.62% cap rate and $16,711/yr in estimated NOI at the $2,700,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

6.5

SqFt

3,549

Style

Single Family

Built

1930

For the first time in generations, this landmark Pleasant Bay compound—anchored by the iconic "Topside" main residence and the charming two-bedroom "Boathouse"—is offered as a rare, generational waterfront estate, a site long cherished by those who have called it home. With a deep-water dock, moorings, and direct access to the bay, the property delivers a front-row seat to the rhythms of Pleasant Bay and boundless recreation. Both homes enjoy sweeping 270-degree views across the water to Eastward Ho, the Chatham Yacht Club, and the Atlantic beyond. Thoughtfully sited by its original architect to capture the light and water at every turn, "Topside" offers 5 bedrooms and 4.5 baths with timeless coastal character and spaces designed for gathering, while the "Boathouse" sits just above the shoreline, featuring 2 bedrooms, 1 bathroom, and its own deck for quiet moments by the sea. A secluded garden patio and broad waterfront lawn offer a blend of intimacy and scale. With a strong rental history and potential for expansion or personalization, this is a lifestyle property that invites multigenerational living, savvy investment, or a private retreat. A once-in-a-lifetime opportunity to own one of Cape Cod's most storied, landmark waterfront settings.

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 3,549 sq ft principal dwelling). Lot size: 10,890 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$3,950,000
Annual Taxes$10,740

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms12
Fireplaces2
Flooring--
BasementNone

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
Zoning96-23-0

Property & Lot

Acres0.25
SqFt Lot10,890
Lot Features--

Geography

Property History

Price Drop
$2,700,000

Was $3,495,000

Jan 31, 2026

MLS® 73373131

Price Drop
$3,495,000

Was $3,950,000

Sep 4, 2025

MLS® 73373131

Listed
$3,950,000

May 12, 2025

MLS® 73373131

Expired
$2,995,000

Mar 24, 2025

MLS® 73295426

Listed
$2,995,000

Sep 26, 2024

MLS® 73295426

Listing Provided By

Listing Agent: Guthrie Schofield Group

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73373131