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Condominium Conversion Waterfront Cottages
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150 Old State Highway, Eastham, MA 02642

Seven cottages in the Collins Cottages Historic District are being converted to condominiums, with docks, boathouse, and boat ramp.

Property SizeContact for details
Days on Market107

Property Features for 150 Old State Highway

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 7
Listing Agency: CAPE COD BLISS
Listed By: Sarah Keith · License #9557311
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 20 at 8:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAPE COD BLISS

Investment Insights

Based on property information with market context.

An absolute auction for the seven cottages in the Collins Cottages Historic District, with pre-auction offers welcomed. The property is presently zoned for year-round living and is being converted to condominiums, with cottage layouts ranging from 2 to 4 bedrooms. Reported features include wood floors and screened porches, with chimneys removed from the fireplaces except in cottage 7. The grounds include rolling lawns, and the offering also includes two docks (one with 13 slips), a waterfront boathouse, four detached car garages, and a boat ramp.

The property is located on Town Cove, with approximately 400 feet of waterfront and additional site amenities referenced as a private beach and development potential. A permitted 20-bedroom IA septic system is also included, along with information suggesting moorings may be possible.

Walking distance is noted to restaurants, shops, mini-golf, and the bike trail. Intended use is described as personal use or long-term rentals only, and buyers should verify all information independently; closing is subject to the seller’s ability to convey marketable title.

Key Highlights

  • Absolute auction Dec 11; pre‑auction offers welcomed (closing subject to seller’s ability to convey marketable title).
  • Includes all seven cottages in the Collins Cottages Historic District in Eastham, currently being converted to condominiums.
  • Zoned for year‑round living; cottages range from 2 to 4 bedrooms.

Property Analytics

Current Use

Collins Cove Vacation Rental

Suggested Use

Top Pick Dental Office HVAC Service Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 02642, MA

5,752
Population
6,349
Households
0.9
Avg Household Size
61
Median Age
52%
College-Educated
96%
High-School Grad
14.0 sq mi
ZIP Area
411
Density / Sq Mi
$72,683
Median Household Income
$42,638
Median Earnings
$1,692
Median Rent
$668,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven cottages in the Collins Cottages Historic District are being converted to condominiums, with docks, boathouse, and boat ramp.
Where is this apartment building located?
The property is located at 150 Old State Highway Eastham, MA.
What are key features of this property?
This property features: Absolute auction Dec 11; pre‑auction offers welcomed (closing subject to seller’s ability to convey marketable title).; Includes all seven cottages in the Collins Cottages Historic District in Eastham, currently being converted to condominiums.; Zoned for year‑round living; cottages range from 2 to 4 bedrooms.
(508) 237-4745 Call to check price and availability
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