$4,325,000
SOLD DEC 6, 2024

106 Peases Point Way S Edgartown, MA 02539

Edgartown Neighborhood
4 Beds
5 Baths
3,345 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$1,293 Per Sq Ft

10% Below List Price

85 Days on Market

About This Home

As of December 2024

SELLING NOTE: FURNISHINGS SOLD SEPARATELY. MODERN COASTAL COTTAGE IN EDGARTOWN VILLAGE. Tucked away behind a picket fence and privet hedge, this charming, recently built custom home is within walking distance to Edgartown Village shops, restaurants and harbor, making it an ideal location for those seeking the vibrant atmosphere of downtown Edgartown.Step inside and be captivated by the fresh coastal décor and seaside-inspired palette, creating a bright and inviting interior. The open-designed Great Room is the heart of the home, featuring a spacious seating area with custom built-ins, and a gourmet cook’s kitchen equipped with Thermador appliances, perfect for culinary enthusiasts.The adjoining sunroom with gas fireplace and French doors opens out to the beautifully landscaped backyard with bluestone terrace with pergola and built-in grill, offering ideal indoor-outdoor living and dining during the summer months -- while the Dining Room, complete with a wood-burning fireplace, provides a cozy space to share meals and special holidays during the off-season months. As an added bonus, there's an Office/Den on the first floor, perfect for working remotely from the island.This home boasts two primary suites, one on each floor, each featuring a double vanity, soaking tub, and walk-in glass shower Additionally, there are two bedrooms that share access to a beautifully appointed full bathroom. The Lower Level offers a spacious Family/TV Room and Game Room, providing ample space for entertainment and relaxation. The private and fenced backyard features a bluestone terrace with a pergola and a built-in outdoor kitchen, perfect for alfresco dining and entertaining. There's also the opportunity to create a private backyard oasis with swimming pool for summer enjoyment.Notably, this home has an impressive rental income history of $200,000 per year and furnishings are available separately for those looking for a turnkey purchase opportunity.With its stunning design, remarkable amenities, and prime location, this beautiful home presents an exceptional opportunity to own a piece of Edgartown Village living at its finest.

Last Agent to Sell the Property

Wendy Harman

Compass | Point B Listed on: 07/31/2024

Last Buyer's Agent

Emma Kennedy

Sandpiper Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,453

Year Built

2022

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: 811
  • Special Features: None
  • Year Built: 2022

Interior Features

  • Appliances: Stove: Thermador® Stainless 6-Burner Gas Range, Washer: LG® Washer - First Floor | Speed Queen® Washer - Basement
  • Has Basement: The Lower Level features an 700 square feet of finished living space including a Game Room and Family/TV Room -- as well as laundry and a full bath with tub/shower. There are large egress windows in the Family/TV Room that allow plenty of natural light. NOTE: This space is included in the total square footage of 3, 345 shown on listing.
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: One (1) Gas Fireplace and One (1) Wood-Burning Fireplace
  • Interior Amenities: AC,Ins,Irr,Media,OSh, Floor 1: The first floor is comprised of a open-designed living space combining Living Room, Sun Room and a gourmet cook's Kitchen. There is also a formal Dining Room with wood-burning fireplace plus an Office/Den and a first-floor Primary Bedroom with en suite bath., Floor 2: The second floor features three bedrooms and two baths -- including a second Primary Bedroom with en suite bath featuring double vanity, soaking tub and walk-in shower., Floor 3: N/A
  • Main Level Bedrooms: 1
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Foundation Details: Poured Concrete
  • Other Structures: There is a one-car garage that is ideal for storing an island car, bicycles and beach gear.

Garage/Parking

  • Parking Features: Off-Street Parking

Utilities

  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town

Lot Info

  • Lot Size Sq Ft: 9583
  • Land Lease Expiration Date: 2025-08-06
  • Zoning: R20

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 6526.73
  • Tax Lot: 41
  • Tax Map Number: 29A
  • Tax Other Annual Assessment Amount: 1149000
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jul 2, 2021
Sold by
Belgrave Square Llc
Bought by
Kicza Desiree and Kicza Jason
Seller's Agent
Lesley Heidt
Sandpiper Realty Inc
Buyer's Agent
Alyssa Halisky
Wallace & Co. Sotheby's International Realty
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$4,328,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,328,694
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Est Richard Audrey W and Casey Shaun
Bought by
Belgrave Square Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $2,000,000 None Available
Deed $955,000 --
Deed $955,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Purchase Money Mortgage
Closed $2,500,000 Purchase Money Mortgage
Closed $2,320,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $4,325,000 -9.8% $1,293 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $4,795,000 +139.8% $1,433 / Sq Ft
07/12/2021 07/12/21 Sold $2,000,000 0.0% $2,688 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $2,000,000 -- $2,688 / Sq Ft
Source: LINK (Vineyard)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,453 $2,812,300 $1,149,000 $1,663,300
2024 $6,527 $2,559,500 $1,149,000 $1,410,500
2023 $4,669 $1,852,800 $1,108,500 $744,300
2022 $3,883 $1,281,600 $1,094,300 $187,300
2021 $4,280 $1,304,900 $1,098,200 $206,700
2020 $4,176 $1,246,600 $1,098,200 $148,400
2019 $4,324 $1,117,400 $969,000 $148,400
2018 $6,238 $1,042,100 $933,000 $109,100
2017 $2,539 $715,300 $622,000 $93,300
2016 $2,556 $706,200 $622,000 $84,200
2015 $2,191 $631,300 $559,000 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 42366

APN: EDGA-000029A-000040-000001