NOT LISTED FOR SALE

24 Peacegate Way Vineyard Haven, MA 02568

Estimated Value: $2,254,000 - $2,624,000

6 Beds
4 Baths
3,627 Sq Ft
$665/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $1,850,000 $510 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,464/month

40 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Wooded Lot
  • Bamboo Flooring
  • 1 Fireplace

About This Home

As of February 2023

You are in for a treat as you experience this fun and whimsical property with a four-bedroom main house and a two-bedroom guest house. Situated on 1.38 acres, abutting 26 acres of MV Land Bank, and located just 2.5 miles from downtown Vineyard Haven and the ferry, 24 Peacegate Way is an exceptional opportunity offering a unique Vineyard vibe. The main house was custom-designed by the owners capturing the essence of their lifestyle and what they love most, including an enormous chef's kitchen and walk-in pantry, a first-floor bedroom with a wood-burning fireplace and cathedral ceiling, a two-story solarium porch featuring a one-of-a-kind wood slatted floor, and floor to ceiling windows. The dining area and cozy living room with wood-burning stove and sliders to the sun-filled four-season porch are at the back of the house off the capacious kitchen, which is the focal room on this floor. The second floor is as intriguing as the first, highlighting a generous cathedral ceiling primary suite with a walk-in closet and full bath that leads to the upper-story balcony. A guest bedroom and full bath are located at the top of the stairs. If you are looking for privacy, there is another guest bedroom tucked away at the far end of this floor featuring dramatic angles, built-ins, and another cathedral ceiling. The laundry room and a secret walk-in closet occupy the long hall that leads to this bedroom. It will be hard to find a basement as big as this one with amazing ceiling height, and spanning the length of the entire house and garage. Adding to the fantastic features of this property is a two-bedroom 788 sf guest house with a separate driveway and basement accessed through the outside. This home awaits your personal touch and vision and is perfect for extended family and guests or as a rental. Completing this property is the remarkable yard with mature plantings and trees, including a dawn redwood tree from Polly Hill Arboretum, and a fabulous kitchen garden where you can grow all your favorites! This property presents an up-Island experience yet with proximity to town for plenty of shopping, restaurants, and easy access to the ferry. Come and enjoy this offering! Property is being sold "as is". Home inspections have been completed and the reports are available upon request. There is no refrigerator or washer and dryer in the guest house.

Last Agent to Sell the Property

Stephanie Roache

Donnelly + Co. License #448012467 Listed on: 12/08/2022

Last Buyer's Agent

Stephanie Roache

Donnelly + Co. License #448012467 Listed on: 12/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,931

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 1.38 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Near Conservation Area
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • Property is zoned R3

Parking

  • 1 Car Attached Garage
  • Unpaved Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Pitched Roof
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 3,627 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Mud Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer
  • Gas Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiant Heating System
  • Well
  • Liquid Propane Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 41A4

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,931

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Lot Size Acres: 1.38
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Directions: Coming from Vineyard Haven Village on State Road, Peacegate Way is on the left, just past Mayflower Ln and across from Deer Hill Road. 24 Peacegate is the first house on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Kitchen Level: First
  • ResoBuildingAreaSource: Estimated
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Stove Hood, Washer, Gas Range, Refrigerator, Microwave, Dryer - Gas, Propane Gas Water Heater, Water Heater
  • Basement: Full, Walk-Out Access, Interior Entry
  • Total Bedrooms: 6
  • Interior Amenities: Separate Living Quarters, Mud Room, Recessed Lighting, Pantry, Interior Balcony, Separate Living Qtrs (Detached)
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 3627
  • Stories: 2
  • Room Bedroom3 Features: Bedroom 3, Shared Full Bath, Closet
  • Dining Room Features: Dining Room
  • Room Bedroom4 Level: First
  • Living Room Living Room Level: First
  • Kitchen Description: Countertops: Granite,Stove: Gas
  • Room Bedroom4 Features: Bedroom 4, Shared Full Bath, Closet, Cathedral Ceiling(s), Built-in Features
  • Master Bedroom Master Bedroom Level: Second
  • Primary Bedroom Description: Floor: Wood
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Bedroom 2, Shared Full Bath, Cathedral Ceiling(s), Closet, Built-in Features
  • Master Bedroom Features: Beamed Ceilings, Walk-In Closet(s), Private Full Bath, Primary Bedroom, Cathedral Ceiling(s)
  • Room Kitchen Features: Breakfast Nook, Pantry, Kitchen, Kitchen Island
  • Living Room Features: Built-in Features, Living Room
  • Bedroom 4 Description: Floor: Wood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Exterior Features: Garden, Outdoor Shower
  • Lot Features: Conservation Area, Shopping, Harbor, Medical Facility, In Town Location, Cleared, Views, Wooded, Level
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt, Pitched

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached, Stone/Gravel, Unpaved
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Forced Air, Radiant
  • Sewer: Septic Tank
  • Electric: Photovoltaics Seller Owned
  • Laundry Features: Built-Ins, Laundry Room, Second Floor
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Conservation Area
  • Association: No

Lot Info

  • Zoning: R3
  • Land Lease: No
  • Lot Size Sq Ft: 60113
  • Parcel #: 41A4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13931
  • Tax Book Number: 1407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Pierce Sally M
Bought by
Peacegate Way Rt
Current Estimated Value
$2,356,806

Purchase Details

Closed on
Mar 23, 2005
Sold by
Pierce Sally M and Silverman Sumner Z
Bought by
Pierce Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Pierce Sally M
Bought by
Silverman Sumner Z and Pierce Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Pierce Sally M and Silverman Sumner Z
Bought by
Pierce Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.71%

Purchase Details

Closed on
Jan 13, 1992
Sold by
Glavin Tr James A
Bought by
Silverman Sumner W and Pierce Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Peacegate Way Rt -- --
Pierce Sally M -- --
Silverman Sumner Z -- --
Pierce Sally M -- --
Silverman Sumner W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahillane Stephen $1,480,000
Previous Owner Silverman Sumner Z $100,000
Previous Owner Silverman Sumner W $700,000
Previous Owner Silverman Sumner W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $1,850,000 -7.3% $510 / Sq Ft
12/08/2022 12/08/22 For Sale $1,995,000 -- $550 / Sq Ft
Source: Martha's Vineyard MLS

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 $18,714 $2,472,100 $471,800 $2,000,300
2024 $14,854 $1,861,400 $367,000 $1,494,400
2023 $13,931 $1,903,200 $349,700 $1,553,500
2022 $15,182 $1,745,000 $234,800 $1,510,200
2021 $13,731 $1,497,400 $258,300 $1,239,100
2020 $12,143 $1,301,500 $234,800 $1,066,700
2019 $12,402 $1,352,500 $234,800 $1,117,700
2018 $10,015 $1,059,800 $234,800 $825,000
2017 $9,897 $1,086,400 $234,600 $851,800
2016 $8,736 $953,700 $223,100 $730,600
2015 $8,503 $953,300 $223,100 $730,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martha's Vineyard MLS

MLS Number: 32200428

Martha

APN: TISB-000041A-000000-000004