A residence on Martha’s Vineyard in Massachusetts, known for drawing celebrity summer residents like movie director Spike Lee and former President Barack Obama, broke the island’s home-price record when it sold last week for $37.5 million.
The design for the house at 48 Witchwood Lane in Edgartown was inspired by author F. Scott Fitzgerald’s novel "The Great Gatsby," according to architect Patrick Ahearn’s website. He said he intended to recall the “glamour, style and grace of the 1920s.” This home was built in 2000.
Highlights of the three-acre property include its landscaping, views across Edgartown Harbor to Chappaquiddick Island and a drive-through carriage house, according to the listing. Gerret Conover of LandVest|Christie’s International Real Estate was the listing broker.
“Its landscaping feels like something out of the Cotswolds,” Conover told Homes.com, referring to the picturesque region in England.
The sales price was a record for Martha’s Vineyard, Conover’s company said in a statement on Wednesday. The broker listed the property through Link MLS, which confirmed to Homes.com that it is unaware of a pricier sale on the island. The selling price eclipsed a $37 million sale earlier this year in the town of Chilmark of a house where Obama and his family vacationed during his time in office. Last week’s transaction also matches the highest sale price this year on nearby Nantucket, Homes.com records show.
The main house is more than 15,000 square feet, with seven bedrooms, large rooms for entertaining guests and a bowling alley. The carriage house has two additional bedrooms and a full kitchen.
A house this size wouldn't be possible in Edgartown today, Conover said, because the town has put new restrictions on what can be built.
“The house has all the things you would always want, but on a turbocharged scale,” he said.