$5,000,000
SOLD SEP 30, 2024
4 Beds
4.5 Baths
4,610 Sq Ft
0.28 Acres

Recently Sold

$1,085 Per Sq Ft

29% Below List Price

367 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1-minute walk to Cannonball Park

About This Home

As of September 2024

Experience refined living in this brand-new Greek Revival masterpiece, nestled on Main Street at the entrance to the charming historic village of Edgartown. This elegant home seamlessly blends timeless traditional style with modern sophistication, boasting over 4,600 sq ft of meticulously designed living space spread across three levels. With 4 spacious bedrooms, 4.5 luxurious baths, and a private backyard featuring a sparkling gunite pool, this residence offers ample room for family and guests alike.

The expansive 1,700 sq ft lower level, with its 9-foot ceilings, presents a blank canvas for additional living areas, a state-of-the-art media room, or an extra bedroom suite should you want to finish the space off (the basement is not finished). Crafted with attention to high-end details, the home showcases custom Carrara marble bathrooms, a chef’s kitchen with a stunning 3-inch thick marble island, and an array of modern amenities including a smart home system, hardwood floors, energy-efficient heating and cooling, on-demand hot water, and a central vacuum system.

Perfectly situated, this property offers unmatched convenience, with the harbor just down the street and the village’s shops, restaurants, and galleries within easy reach. Enjoy the best of both worlds in this newly constructed gem, surrounded by other upscale new homes in a rapidly expanding village center.

Last Agent to Sell the Property

Bonnie Pierce

Wallace & Co. Sotheby's Listed on: 09/29/2023

Last Buyer's Agent

Amy Goldson

Ocean Park Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 2023

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R5

Interior Spaces

  • 4,610 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Association fees include *assessment has not been updated so does not reflect current assessment

Listing and Financial Details

  • Tax Lot 18
  • $713,400 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,895

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Frontage: None
  • Lot Features: Beautifully landscaped
  • LotSizeAcres: 0.2837
  • View: None, Res
  • Association Fee Inclusions: *assessment has not been updated so does not reflect current assessment
  • Co List Office Mls Id: 741
  • Building Area Total: 4610
  • Has Fireplace?: No
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Appliances: Stove: Thermador gas range/Thermador wall oven, Washer: 2
  • Has Basement: Large full basement with both inside access and outside access. The basement has high ceilings and could be easily finished to accommodate additional living space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2
  • Flooring: hardwood/tile
  • Interior Amenities: A,AC,Ins,Irr,OSh, Floor 1: Open floor plan with kitchen, dining area, living room with gas fireplace and built-ins, den with wet bar, and half bathroom. Attached one-car garage with a brick floor, Floor 2: Open family room with gas fireplace, primary bedroom en suite with large walk-in closet, coffee station in the hallway, 2nd bedroom en suite, full bathroom, and 3rd bedroom. Laundry room, Floor 3: Private bedroom en suite along with an open loft/bonus area that has custom built-ins. This area can be used for a variety of purposes such as an office, kid's recreation room, study, game room, or gym.
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Exterior Features: PubBch, Deck
  • Foundation Details: poured foundation
  • Other Structures: Beautiful 16 x 36 gunite pool with beautiful plantings and privacy

Garage/Parking

  • Parking Features: Ample parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 12360
  • Land Lease Expiration Date: 2024-10-31
  • Zoning: R5

Multi Family

  • Number Of Units Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2895
  • Tax Lot: 18
  • Tax Map Number: 20C
  • Tax Other Annual Assessment Amount: 713400
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 17, 2022
Sold by
Joseph A Farland Jr T
Bought by
Vineyard Gary Daula
Seller's Agent
Gail Quenneville
William Raveis Real Estate & Home Services
Buyer's Agent
Member Non
cci.unknownoffice
List Price
$949,000
Sold Price
$1,519,000
Premium/Discount to List
$570,000
60.06%
Current Estimated Value
$5,054,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,535,807
Avg. Annual Appreciation
39.65%
Original Mortgage
$2,270,000
Outstanding Balance
$2,115,874
Interest Rate
3.55%
Mortgage Type
Commercial
Estimated Equity
$2,938,933

Purchase Details

Closed on
Nov 16, 2015
Sold by
Farland Joseph A and Farland Jane D
Bought by
Jane D Farland T D and Jane Farland
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $1,519,000 None Available
Deed -- --
Deed -- --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,270,000 Commercial
Closed $2,270,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $5,000,000 -28.5% $1,085 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $6,995,000 +360.5% $1,517 / Sq Ft
02/18/2022 02/18/22 Sold $1,519,000 +60.1% $1,434 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $949,000 -- $896 / 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 $15,640 $5,901,900 $703,200 $5,198,700
2024 $3,694 $1,448,800 $703,200 $745,600
2023 $2,818 $1,118,200 $713,400 $404,800
2022 $2,439 $804,900 $567,800 $237,100
2021 $2,113 $644,100 $489,700 $154,400
2020 $1,996 $595,900 $450,000 $145,900
2019 $2,284 $590,200 $436,800 $153,400
2018 $2,064 $542,600 $389,200 $153,400
2017 $1,968 $554,500 $415,100 $139,400
2016 $1,785 $493,100 $376,200 $116,900
2015 $1,691 $487,400 $355,500 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: LINK (Vineyard)

MLS Number: 41370

APN: EDGA-000020C-000018