Lambert’s Cove Inn & Resort is an upscale hospitality asset in West Tisbury, Martha's Vineyard, operating as a 15-room boutique hotel spread across a historic farmhouse, restored stable, and barn. The property generates three distinct revenue streams through its luxury lodging, the high-end restaurant (seating up to 70–80 guests), and its status as a premier wedding venue featuring an English Garden and Great Lawn. The 8- acre estate is being offered for sale with a brand-new 5-year triple-net (NNN) lease yielding $55,000 per month at a 9% Cap Rate, providing a stable passive income opportunity for an investor while the operator manages the day-to-day hospitality and event services. Lamberts Cove represents a rare opportunity to acquire a scaled, income-producing boutique hospitality asset in one of the most supply-constrained resort markets in the United States. Established in 1790 and comprehensively renovated in 2022, the property combines irreplaceable historical character with modern operating infrastructure. The combination of limited competitive supply, meaningful land scale, and enduring destination demand positions Lambert’s Cove Inn as a defensible hospitality investment with stable operating fundamentals and long-term value preservation.
This home has been viewed 4 times
Last Checked: September 18th, 2026 at 10:23am (Source: MLS PIN #73572001)
General Information for 90 Manaquayak Road, West Tisbury MA 02575
Listing ID73572001
Property TypeCommercial Sale / Commercial
Price$7,330,000
Style
CityWest Tisbury
CountyDukes
Neighborhood(s)
Zoning1
Year Built1790
Disclosures for 90 Manaquayak Road, West Tisbury MA 02575
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsThere Is A Generator Hook Up - Generator Is Negotiable. Upstairs W/D Are Also Negotiable.
Compensation Based On
Contact Information for 90 Manaquayak Road, West Tisbury MA 02575
Agent
Name: Matthew Pierce
Office
Name: Marcus & Millichap Real Estate Investment Services