An exceptional in-town compound with limitless possibilities. Set on two lots of record with approved subdivision potential, this thoughtfully designed property offers a rare combination of new construction, historic charm, and income-producing potential all just moments from downtown Nantucket and the Great Harbor Yacht Club. The main residence, a spacious 5-bedroom, 4.5-bath home by Oak Development, is currently under construction, offering the unique opportunity to work directly with the builder to fully customize every finish, fixture, and detail to your exact vision. On the adjoining lot, a delightful 3-bedroom, 2.5-bath cottage and a separate studio with full kitchen, bath, and loft provide versatile space for guests, extended family, or rental income. Thoughtfully sited and surrounded by inviting outdoor areas, the multiple dwellings create a private, multi-structure retreat. With its premier location just a short stroll to Nantucket’s vibrant shops, celebrated restaurants, and scenic waterfront, 85 Orange Street offers endless potential—whether envisioned as a private estate, multi-generational compound, or exceptional investment property.