$6,295,000

Estimated payment $34,216/month

Total Views 1,702
0.5 Acre
$12,590,000 Price per Acre
21,780 Sq Ft Lot

Highlights

  • Popular Property
  • Golf Course Community
  • Scenic Views
  • Marina
  • Medical Services
  • Property is near public transit

About This Lot

COMING SOON: LUXURY ISLAND LIVING AT SOMERSET - Construction is underway at Three Somerset Lane, part of an exclusive enclave of five luxury homes between Edgartown Village and South Beach. Developed by Stanmar, owner of Winnetu Resorts, Somerset blends modern coastal design with island charm. Designed by Dudley Cannada and built by Adam Moran Construction, this 4-bedroom, 5.5-bath home offers 3,950 sq. ft. of interior space, 575 sq. ft. of outdoor living, and over 4,525 sq. ft. of total living and entertaining areas. The open layout fosters gatherings and privacy, with a private yard ideal for a pool, cabana, or fire pit. Stylish, light-filled interiors showcase a relaxed coastal vibe with high-end finishes and seamless indoor-outdoor flow. Well-appointed with smart home features, the home is tailored for effortless Vineyard living. Expected completion is Thanksgiving 2025, offering a rare opportunity in Katama’s premier neighborhood with easy access to Edgartown and South Beach.

Listing Agent

Wendy Harman

Compass Listed on: 09/03/2025

Compass

Co-Listing Agent

David Dickinson

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,187

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Development of the land is complete
  • Property is zoned R20

Utilities

  • Electricity To Lot Line
  • Private Sewer

Additional Features

  • Scenic Vista Views
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:0036 B:0101 L:2,5196491

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Jogging Path
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$2,187

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN2383

Exterior Features

  • Fencing: Fenced
  • Home Warranty YN: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Private Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Marina
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0036 B:0101 L:2,5196491
  • Zoning: R20
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Cul-De-Sac
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21800
  • Lot Size Units: Acres
  • PAGE: 0896

Tax Info

  • Tax Year: 2025
  • Tax Book Number: 0550

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,187 $825,300 $825,300 $0
2024 $2,105 $825,300 $825,300 $0
2023 $2,096 $831,600 $831,600 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $6,295,000 -- --
Source: MLS Property Information Network (MLS PIN)

About the Listing Agent

Wendy Harman

Compass

(508) 419-9057

Section Image

I'm an expert real estate agent with Point B Realty, LLC in EDGARTOWN, MA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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    New Construction: Reimagined Island Living At Somerset. Located in Katama, Somerset is an exclusive five-home luxury enclave perfectly located between Edgartown Village and South Beach -- and developed by Stanmar, owners of the Winnetu Oceanside Resort. The home sites have been designed to maximize outdoor living and entertaining around a spacious and private yard with expansive lawns and room

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  • 29 Pradas Way, Edgartown, MA 02539

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  • 37 Road To the Plains, Edgartown, MA 02539

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  • 9 Thaxter Ln, Edgartown, MA 02539

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  • 29 Slough Cove Rd, Edgartown, MA 02539

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  • 25 Lelands Path, Edgartown, MA 02539

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73424858

MLS Property Information Network (MLS PIN)

APN: EDGA M:0036 B:0101 L:2