5 Elbow Lane Nantucket, MA 02554

"Svargaloka" which means "Land of Paradise" in Sanskrit is a precious, historic gem with abounding and panoramic water views. In addition to seaside living, this well preserved house and cottage abut Land Bank property. "Svargaloka" the four bedroom and one bath house is accompanied by "Fred's Shed," an adorable, one bedroom and one bath cottage with a sitting room and kitchen area also boasting the same superb views. The property is located near the footbridge and is surrounded by many historic homes; a neighborhood that has barely changed in 200 years. The house has had many improvements between 2008 and 2014 including a new kitchen, bathroom, plumbing, wiring, painting, roof, brick patio, outdoor shower, a new bath in the cottage. The list continues and is available on request. The gross rent for both the house and cottage over the last two years has been over $150,000.