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Victorian Fixer Close to Inkwell Beach Cuts Price to $599K

The listing for this recently pricechopped Oak Bluffs property describes the circa 1870 fixer-upper as "an interesting blend of traditional Campground Victorian as well as more contemporary elements such as a master bedroom en-suite on the first floor." Roughly translated, that means the three-season house at 8 Pennacook Avenue is currently a bit of an architectural hodgepodge, but has plenty of potential. Regardless, iconic Inkwell Beach is just down the block, affording the 4BR, 2BA water views and "a strong rental history of approximately $32,000 each season." The 145-year-old hit the market in May for $630,000, but is now asking $599,000.

· Listing: 8 Pennacook Avenue, Oak Bluffs [Zillow]