56 Water St, Falmouth MA 02543
Falmouth, MA 02543 • Woods Hole
$1,195,000
$1,050,000
Est. $6,103/month
Track this home for price, status, and open-house alerts.
About this home
RENEWED opportunity awaits in the heart of the vibrant Woods Hole Community! This charming waterfront property on the Channel overlooking Great Harbor was built in 1916 as a restaurant nad now houses only the third restaurant in over 100 years of their ownership. There is currently a successful and popular full-service restaurant with 70 to 90 seats, which has had strong tenancy for the past 10 years and plans to be continue their success here for many years to come with an updated lease. The building spans 2681 square feet on three floors with views of Great Harbor the Channel into Eel Pond and the ever entertaining Drawbridge! Immerse yourself in the quaint village atmosphere and seize this rare chance to own a piece of Woods Hole History. This is more than just a property; it is a legacy to be respected and cherished!
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
2
Price Changes
9.1%
Price Range
Property Timeline
Price Reduced
May 15, 2026
$1,050,000
$50,000
(-4.55%)
From $1,100,000 to $1,050,000 (-4.5%)
Price Increased
Mar 5, 2026
$1,100,000
+$100,100
(+10.01%)
From $999,900 to $1,100,000 (+10.0%)
Listed for Sale
Apr 21, 2025
$999,900
Original listing
Agent: Tracey Spellman
Office: Rand Atlantic, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/15/2026 | ↓ Price Reduced | $1,050,000 | $50,000 | - | From $1,100,000 to $1,050,000 (-4.5%) |
| 03/05/2026 | ↑ Price Increased | $1,100,000 | +$100,100 | - | From $999,900 to $1,100,000 (+10.0%) |
| 04/21/2025 | 🏠 Listed for Sale | $999,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,123 | — |
Financial Details
Annual Property Tax
$7,123
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1916
Lot Size
0.03 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$7,123
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
Site Plan, Tax Return, Owner Provided, May Show Books, Lease Agreement (5)
County
Barnstable
Property Overview
Listing Type
For Sale
Year Built
1916
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1916
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$594
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
Woods Hole
56 Water St, Falmouth MA 02543
Falmouth, MA 02543
Listing Information
Listing Agent
Tracey Spellman
Listing Office
Rand Atlantic, Inc.
Office Phone
508-232-7722
Agent MLS ID
CN221462
Office MLS ID
AN2904
Listing Data Updated
May 19, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Falmouth.