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Residential Land with Home for Sale in Eastham, Massachusetts

150 Old State Highway Unit: Compound, Eastham, MA 02642

$4,695,000
2.7 acres
Active
$505k drop
Est $25,534/mo

NEW PRICE! This rare offering includes all seven cottages in the Collins Cottages Historic District - a historic and nostalgic waterfront enclave on Town Cove in Eastham, now zoned for year-round living and being converted to condominiums. In addition to the cottages, this sweeping property includes a waterfront boathouse, 4 car detached garage, dock, boat ramp, and 13 dock slips. With 400 feet of waterfront with development potential, likely moorings, a private beach, and a permitted 20-bedroom IA septic design, the property is full of possibilities. Ranging from 2 to 4 bedrooms, each cottage is filled with vintage Cape charm that evokes simpler times - wood floors, screened porches, and rolling lawns made for games, cookouts, and sunset stories. Whether you're creating a multigenerational retreat, co-ownership haven, or a smart long-term investment portfolio, this is a one-of-a-kind opportunity to own a true slice of Cape Cod history-on the water, with infrastructure in place, and a setting that simply doesn't exist anymore. Walking distance to restaurants, shops, mini-golf, and the bike trail, Cottages on the Cove is an investment in lifestyle, legacy, and location.

6,657
Sq feet
20
Beds
7
Full baths
1
1/2 bath
1924
Built

Location

Street address
150 Old State Highway Unit: Compound
Community
Eastham
School district
Nauset
Elevation
4 feet
Coordinates
41.7996, -69.9813

Directions

From Orleans/Eastham rotary, go south onto Route 6A, take first left on to Old State Highway, follow to end and turn right into driveway. Sign on property.

Property details

Acreage
2.7 acres
MLS #
CCIAOR 22504181
Posted

Property taxes

2026
$24,358

Expenses

Home Owner Assessments Fee
$500 monthly

Parcels

  • 20-114-0

Details and features

Listing

Type
Residential Multi Family
Zoning
Residential

Exterior

Pool
Deck
Features
Outdoor Shower

Structure

Stories
1
Basement
Full, Walk-Out Access
Water
Public
Materials
Shingle Siding
Roof
Shingle

Interior

Room Count
6
Rooms
Basement, Bathroom x 8, Bedroom x 20
Flooring
Carpet, Laminate, Wood
Appliances
Water Heater

Listing history

DateEventPriceChangeSource
Dec 20, 2025Relisted$4,695,000CCIAOR
Dec 11, 2025Listing removed$5,495,000Listing agent
Oct 22, 2025Back on market$5,495,000CCIAOR
Oct 3, 2025Under contract$5,495,000CCIAOR
Sept 24, 2025Relisted$5,495,000CCIAOR
Sept 20, 2025Listing removed$5,495,000Listing agent
Sept 4, 2025Price drop$5,495,000$505,000 -8.4%CCIAOR
Aug 27, 2025New listing$6,000,000CCIAOR
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This 2.7-acre property is located at 150 Old State Highway Unit: Compound in Eastham, MA 02642. The property is available for sale for $4,695,000. It has a 6,657 sq ft 20 bedroom, 7 bath house built in 1924.

Checked 8 hours ago — Updated

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