$6,295,000
OPEN HOUSE 11/28

Estimated payment $33,360/month

Total Views 28,224
0.5 Acre
$12,590,000 Price per Acre
21,780 Sq Ft Lot

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Scenic Views
  • No HOA

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

Open House Schedule

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,187

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • 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
  • Near Conservation Area

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 Sq Ft: 21800
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025

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

About the Listing Agent

Wendy Harman

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.

Wendy's Other Listings

  • 4 Somerset Ln, Edgartown, MA 02539

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    • 4 Beds
    • 4.5 Baths
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    EXPERIENCE BAREFOOT ELEGANCE AT SOMERSET. Welcome to 4 Somerset Lane, a newly completed luxury residence in Edgartown’s exclusive Somerset enclave—perfectly positioned between the charm of Edgartown Village and the surf and sand of South Beach. Developed by Stanmar, owners of the renowned Winnetu Oceanside Resort, this exceptional home embodies the essence of modern coastal living—combining

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  • 29 Slough Cove Rd, Edgartown, MA 02539

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    • 4,605 Sq Ft
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  • 5 Louis Field Rd, Edgartown, MA 02539

    $2,000,000

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    CREATE YOUR LEGACY ISLAND RETREAT IN THIS IDYLLIC LOCATION. Nestled within the entrance to Sweetened Water Farm, this 1.28-acre parcel represents a rare opportunity to create your own vision within one of Edgartown’s most sought-after settings. Located just one mile from the heart of historic Edgartown Village, this beautifully sited lot offers the ideal balance of privacy and proximity,

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  • 10 Peases Point Way N, Edgartown, MA 02539

    $1,498,000 Pending

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  • 1 Louis Field Rd, Edgartown, MA 02539

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    SWEETENED WATER FARM ESTATE. Located just one mile from the heart of historic Edgartown Village, this compound in Sweetened Water Farm presents a rare opportunity to become the next steward of this extraordinary Martha’s Vineyard estate. Privately sited on 4.6 acres of exquisitely cultivated gardens, this remarkable property has been featured in several publications celebrating the island’s most

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  • 117 N Water St, 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