Single Family Residence at 15 Hedge Lane, Falmouth MA 02540, Falmouth
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42 photos

$4,500,000

15 Hedge Lane, Falmouth MA 02540
Falmouth, MA 02540
Listed by Kimberly Stockwell
Bedrooms
4
Bathrooms
3
Living area
2,680 sqft
Year built
1987

About this home

A rare multi-site legacy offering in the heart of Falmouth. This exceptional opportunity brings together four parcels with endless potential. Create your own multi-home estate just off Surf Drive, where coastal living meets timeless New England charm. One parcel features a private tennis court, another includes a residence ideal for remodeling, a third offers an antique home ready for a full restoration and the fourth parcel, which can't be built on, gives open space abutting the river, perfect for those looking to preserve and reimagine a piece of local history. The combined landscape enjoys second-floor views of Vineyard Sound and borders a picturesque tidal river, adding natural beauty and serene waterfront ambiance. Whether you envision a unique compound, a collection of luxury retreats, or an investment with extraordinary possibilities, this offering is truly one of a kind. Bring your architect and or builder, sewer in place.

Highlights

WaterfrontViewFireplace

Property details

MLS #
73535978
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
107
On market date
June 14, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
1
Parking spaces
3
Lot size
1.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mullen-Hall
0.9 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
400
Student:teacher ratio
10.3:1
District
Falmouth
Middle
Lawrence
0.94 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
498
Student:teacher ratio
9.8:1
District
Falmouth
High
Falmouth High
3.33 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
805
Student:teacher ratio
11.8:1
District
Falmouth

Walkability

Blended score for Falmouth's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks12
Schools8
Transit stops7
Pharmacies2

Market position

How this listing compares to current activity in Falmouth, from live MLS data.

On the market 107 days -- 10 more days than Falmouth's current average of 97 days.
For reference, the median list price across 268 active listings in Falmouth right now is $949,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$27,250/mo
$900,000 down
$3,600,000 loan
Principal & interest$23,350
Property tax (est.)$3,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.